Is the federal government on the right track when it comes to allowing target-benefit pension plans? Last month, the government introduced legislation that would allow…
Ontario legislation creating a new pension regulator and giving it powers to impose administrative monetary penalties will create an environment with considerably more regulatory muscle, pension…
Domtar Corp. hosted its first total reward week at its Canadian head office in Montreal at the end of September to help employees understand their…
Environmental, social and governance are words you might have heard a lot about lately. Ontario legislators now require pension plan administrators to disclose if and…
A third (33 per cent) of Canadian employers have mandatory participation in their group retirement savings plans, according to Sun Life Financial’s new report on…
Canada’s labour movement is organizing against a federal bill that would allow federally regulated employers to establish target-benefit pension plans and convert existing defined benefit pensions to the new…
With November marking Canada’s financial literacy month, now is a great time for employers to address the need for financial education in the workplace, says…
The Ontario government announced plans yesterday to establish a new pension regulator. The Financial Services Regulatory Authority will be an independent and flexible regulatory body aimed at…
The November 2008 report from British Columbia and Alberta’s joint expert panel on pension standards encouraged the two provincial governments to take a leadership position…
The situation for the City of Saint John’s pension plan didn’t look very good when it converted to a shared-risk arrangement at the beginning of…
Employers across the country are keeping a close eye on New Brunswick, as the province becomes the legal battleground where decisions on the scope of…
As concerns over retirement income adequacy mount, the role of plan members in making decisions about their pension investments is a growing concern. Some plan…
Despite pension administrators’ best efforts, missing members are a significant challenge for many plans. With no standardized method for searching for them, plans tend to…
In anticipation of 25 per cent to 35 per cent growth in Canada by the end of 2024, restaurant chain Chipotle Mexican Grill Inc. is making…
A story on how Organon Canada is supporting women employees at every stage of their career was the most-read story on BenefitsCanada.com. Here are the top…
In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…
An article on how employers are enhancing their benefits packages to boost talent attraction and retention was the most-read story on BenefitsCanada.com this past week.…
An Ontario Superior Court ruling that allowed IBM Canada Ltd. to retrospectively rectify drafting errors that created unintended additional pension benefits for employees on disability…
In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s…
Only a third (31 per cent) of U.K. pension plan members say they have sufficient retirement savings, down slightly from 32 per cent in 2022,…
Clear and flexible regulations that reflect the nature and diversity of target-benefit plans would allow these plans to thrive, according to a new report from…
The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the…
As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says…
Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…
Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…