The reduction in government benefits (38 per cent), life expectancy (27 per cent) and volatility in financial markets (24 per cent) are the most frequently…
In comparing the Canada Pension Plan to private pensions, a new study finds the latter face more regulatory hurdles, are more complex and face higher…
As part of a comprehensive plan review, the Ontario Municipal Employees Retirement System is looking at a number of changes, including to indexing provisions. While…
BFL Canada Consulting Services Inc. has appointed Jean-Daniel Côté as vice-president of retirement. Based in Montreal, Côté will play a senior consulting role for a range…
A new report by the C.D. Howe Institute says taxpayers are on the hook for the unfunded liability of pension plans for federal employees. In…
Schroders Investment Management Ltd. is appointing Shawn Cohen as institutional director, a role aimed at building relationships with defined contribution record keepers and third-party asset…
The Canadian Life and Health Insurance Association is tweaking its approach to its compensation disclosure guideline, including a provision to allow advisors to deliver the information…
Retirement firm Common Wealth is part of a new effort aimed at creating a national, portable retirement plan for Canada’s non-profit sector. The goal of…
Despite not yet announcing its election platform, Ontario’s Progressive Conservative Party may have the greatest potential for affecting pensions and benefits in Ontario. “The Conservatives’…
Almost a third (32 per cent) of Canadian millennials cited the lack of a pension plan as one of the concerns of working in the gig…
United Steelworkers union members in western Labrador have ratified a five-year collective agreement that includes increases to medical benefits, pensions and wages. More than 1,300…
Some organizations are unique. Their employees are genuinely excited to be at work and an undercurrent of energy and vitality permeates the air. They’ve transformed the…
Blue Pier is introducing a new customized, fully outsourced workplace pension plan to encourage all employers to offer retirement savings programs to their employees. The…
Allowing increased retirement savings pooling and portability can help improve efficiency, as well as pension plan member retention and continuity, according to a policy recommendation…
The combination of several innovations in defined contribution pension plan design can dramatically improve retirement readiness across income levels, according to a new report by…
An article on British Columbia’s updated pension standards, including the introduction of auto-escalation for defined contribution pension plans, was the most-read article on BenefitsCanada.com this past…
An article on a recent Ontario Superior Court decision related to surplus pension assets was the most-read article on BenefitsCanada.com this past week. Here are…
A recent Ontario Superior Court decision related to surplus pension assets was a rubber stamp of the monitor’s recommendations, rather than a decision with precedential…
The federal government’s recent announcement that it will make the employee ownership trust tax exemption permanent is a major incentive for employers to transition their…
The Ontario Pension Board is communicating its long-term strategic plan to members through a new interactive online page. The platform, dubbed ‘On the Horizon’, is…
In times of increased economic uncertainty, the number of tough financial choices facing the average person seems to rise exponentially. Clashing priorities battle it out:…
PepsiCo Canada may be known for quenching thirst and satisfying snack cravings, but the organization’s leadership recently identified another kind of demand: clearer, more personalized…
Amazon Canada’s commitment to unique financial wellness offerings led to a win at Benefits Canada‘s 2024 Workplace Benefits Awards on Oct. 18. The technology company was…
Admiral Insurance’s award-winning benefits program is demonstrating how employers can use versatility to strike a fine balance between finding innovative solutions and maintaining plan sustainability. 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…