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OMERS sells U.S.-based dental network

OMERS sells U.S.-based dental network

The private equity arm of the Ontario Municipal Employees Retirement System has sold its stake in a U.S.-based network of dental practices. Yesterday, the pension…

  • By: Staff
  • September 29, 2016 September 13, 2019
  • 10:25
CPP fund to grow by $191B over next decade: report

CPP fund to grow by $191B over next decade: report

The existing Canada Pension Plan is on sustainable financial footing at its current contribution rate and its assets are projected to grow from $285 at…

  • By: Staff
  • September 28, 2016 September 13, 2019
  • 10:33
Caisse invests in U.S. claims administrator Sedgwick

Caisse invests in U.S. claims administrator Sedgwick

Caisse de dépôt et placement du Québec will invest US$500 million in Sedgwick Claims Management Services Inc., a third-party claims administrator with offices in the…

  • By: Staff
  • September 28, 2016 September 13, 2019
  • 09:31
Saskatoon transit workers accuse city of trying to convert to target benefit plan

Saskatoon transit workers accuse city of trying to convert to target benefit plan

As contract negotiations between the City of Saskatoon and its transit workers heat up, the parties are in disagreement about the nature of the central…

GM deal includes lump-sum pension payments for pre-1987 retirees

GM deal includes lump-sum pension payments for pre-1987 retirees

The new contract ratified yesterday between General Motors of Canada Co. and Unifor includes a special one-time, lump-sum payment of $1,500 for all employees who…

  • By: Staff
  • September 26, 2016 September 13, 2019
  • 11:01
Retirement planning leads growth in life, health insurance: CLHIA

Retirement planning leads growth in life, health insurance: CLHIA

Most of the growth in the Canadian life and health insurance industry in 2015 came from the pensions and retirement market, the Canadian Life and…

CPPIB to offer expertise to China on challenges of an aging population

CPPIB to offer expertise to China on challenges of an aging population

The Canada Pension Plan Investment Board has signed a memorandum of understanding with the People’s Republic of China’s National Development and Reform Commission to offer…

  • By: Staff
  • September 23, 2016 September 13, 2019
  • 08:50

Union optimistic U.S. Steel agreement could lead to ‘good final deal’ for retirees

The union representing workers at U.S. Steel Canada Inc. is cautiously optimistic a proposed acquisition of the company by a U.S.-based holding company will lead…

  • By: Staff
  • September 22, 2016 May 5, 2021
  • 09:25
Manulife introduces program to manage transition to retirement

Manulife introduces program to manage transition to retirement

Manulife Financial has introduced an online planning program for employees who participate in its workplace retirement savings plans. The program, Retirement Redefined, includes personalized planning…

  • By: Staff
  • September 22, 2016 September 13, 2019
  • 08:15
30% investment rule creates ‘unnecessary costs’ and ‘lost opportunities:’ ACPM

30% investment rule creates ‘unnecessary costs’ and ‘lost opportunities:’ ACPM

In its response to a consultation launched in June, the Association of Canadian Pension Management says the federal government’s “30-per-cent rule” needlessly inhibits pension plan…

  • By: Staff
  • September 21, 2016 September 13, 2019
  • 09:15
Great-West Life rolls out financial wellness pilot project

Great-West Life rolls out financial wellness pilot project

Great-West Life is piloting an online financial program with about 5,000 plan members aimed at improving their financial outcomes. The program, called Wayfinder, allows plan…

  • By: Staff
  • September 21, 2016 September 13, 2019
  • 08:47
Canadians may have to work ‘a little longer than planned’: Poloz

Canadians may have to work ‘a little longer than planned’: Poloz

The Bank of Canada’s governor says today’s era of stubbornly low interest rates means it’s time to revisit retirement planning and temper business investment expectations.…

DC pension deal with GM to ‘certainly influence’ talks with Ford, Chrysler: lawyer

DC pension deal with GM to ‘certainly influence’ talks with Ford, Chrysler: lawyer

General Motors of Canada Co. and Unifor have averted a strike, reaching a tentative agreement that includes moving new employees into a defined contribution pension plan…

52% of U.S. private sector workers with employer-sponsored retirement plans say they contribute: survey

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…

  • By: Staff
  • April 29, 2024 April 29, 2024
  • 15:00

Chipotle expanding benefits offering to focus on career development, student debt

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…

Top 5 HR, benefits, pension and investment stories of the week

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…

  • By: Staff
  • April 19, 2024 April 18, 2024
  • 09:00

Top 5 HR, benefits, pension and investment stories of the week

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…

  • By: Staff
  • May 3, 2024 May 2, 2024
  • 09:00

Public meeting in Edmonton attracts hundreds amid talk of province’s CPP withdrawal

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…

  • By: Staff
  • April 30, 2024 April 29, 2024
  • 09:00

Top 5 HR, benefits, pensions and investment stories of the week

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.…

  • By: Staff
  • April 26, 2024 April 25, 2024
  • 09:00

Just a third of U.K pension plan members feel they’ve saved enough to retire: survey

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,…

  • By: Staff
  • April 26, 2024 April 25, 2024
  • 09:00

Ontario court sides with IBM in pension benefits rectification case

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, flexible regulations needed for target-benefit plans: report

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…

  • By: Staff
  • March 19, 2024 March 18, 2024
  • 09:00

How Ontario pay transparency legislation will impact employers

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 using budget workshops, interactive game to support employee financial wellness

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…

  • By: Sadie Janes
  • November 24, 2023 November 23, 2023
  • 09:00

2023 Healthy Outcomes Conference: A closer look at the mental, physical, financial risk factors facing plan members

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…