The government of British Columbia has extended the period over which pension solvency deficiencies can be funded by five years to assist plan sponsors registered…
Niagara Casinos launched an intensive communications campaign in 2015 to ensure employees were taking advantage of its defined contribution pension plan. The company’s efforts to…
Diversified pooled pension fund managers posted a median return of 4.4 per cent before management fees for the third quarter of 2016 and a median…
Pension decisions shouldn’t be made in a vacuum. For plan members to make the best decision they have to understand more than just the details…
Anyone who has grappled with Canada’s pension-related GST/HST rules can agree with the Association of Canadian Pension Management’s recent assertion that the rules are “extraordinarily…
The Office of the Superintendent of Financial Institutions Canada has published a revised version of its instruction guide for the preparation of actuarial reports for…
Canada’s retirement system maintained its score of a B on the 2016 Melbourne Mercer Global Pension Index, indicating a sound structure, many good features and…
We may be witnessing the most significant changes to the funding rules of Canadian defined benefit pension plans in more than 25 years. First, since…
Millennial business owners are more likely to invest in employee benefits with 81 per cent investing in benefits within a year of launching their business,…
A court hearing on whether Northern Transportation Co. Ltd. pensioners should be the first recipients of the proceeds of the company’s sale has been delayed.…
Ontario Teachers’ Pension Plan will acquire the Canadian arm of an international beer, wine and spirits producer and marketer for about $1.03 billion. Apart from…
The median solvency ratio of Ontario’s defined benefit pension plans at Sept. 30, 2016 was 79 per cent, a very slight drop from 80 per…
The Manitoba government has approved a deferral of pension payments to help the sale of the troubled Tolko Industries pulp and paper mill in The…
While more than two-thirds (69 per cent) of private sector workers in the U.S. have access to an employer-sponsored retirement savings plan, just half (52…
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…
A story on how private payers are implementing preferred pharmacy networks to reduce benefits plan costs was the most-read story on BenefitsCanada.com this week. Here…
Hundreds of Albertans turned out for a meeting in Edmonton last week to hear officials from the Canada Pension Plan Investment Board discuss the state…
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.…
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,…
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…
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…
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…