Canadian defined benefit pension plans held steady in positive territory in the first quarter of 2018 with returns of 0.2 per cent, according to RBC Investor and…
Despite his death earlier this year, Ikea founder Ingvar Kamprad’s influence lives on at the international furniture behemoth. The notoriously frugal Kamprad reportedly flew economy class,…
There has been a lot of talk about variable benefits from defined contribution pension plans recently. Ontario has changes in the works to allow them, while…
Despite significant improvements recently to pension plan solvency levels, the start of 2018 has been a challenging one for institutional investors. Shifting monetary policies have…
More than a quarter of generation Xers in Canada haven’t saved anything for retirement, a new survey from Franklin Templeton Investments Corp. has found. While…
About a third (30 per cent) of Canadian workers view financial wellness programs as a major factor in selecting a new employer, but only 40…
A prescription drug cap is among the issues in a strike by United Steelworkers union members in western Labrador. The union members work for the Iron…
The Ontario government passed its 2018 budget measures on Tuesday, including amendments to the Pension Benefits Act and the Pooled Registered Pension Plans Act. The amendments…
May is the perfect time of year to address employees’ financial health, as they’ve just gone through the stress of filing their tax returns. As well, May…
In spite of volatile public equity markets, the median solvency ratio for Ontario’s defined benefit pension plans was slightly higher at 95 per cent for the…
More than a third (41 per cent) of Canadians rank money as their greatest stress, according to a new survey commissioned by the Financial Planning Standards…
Hub International Ltd. has acquired yet another benefits brokerage: Quebec-based Les Avantages Sociaux Delta Inc. Based in the Montreal area, Delta provides support and actuarial…
Canadian pension plans eked out a small return of almost 0.4 per cent for the first quarter of 2018, according to CIBC Mellon Global Securities…
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…