The Public Sector Pension Investment Board is making a number of new investments, including acquiring a Quebec-based wind power facility and a portfolio of real estate…
The KFC Foundation is introducing a personal finance program for employees at the restaurant chain’s participating franchises in the United States. The non-profit organization funded…
At Benefits Canada’s Defined Contribution Plan Summit in Montreal in February, member engagement and communication were a clear focus of many of the presentations. Case…
When it comes to the difficult issue of equity in pension plans, Quebec has been at the forefront recently with its plan to table a…
From governance to engagement, plan sponsors are looking for solutions to improve their defined contribution pension plans. What tools are available to plan sponsors to…
With emotions often preventing people from acting in their own interest, nudges that lever behavioural finance theory to account for them can generate better retirement…
With defined contribution pension plans at various stages of evolution around the world, how are plan members faring in different countries? At Benefits Canada’s Defined…
When Searles Valley Minerals Inc. upgraded its pension plan offerings, the situation appeared complicated. The average age of the 761 plan participants at the Kansas-based…
Finding ways to leverage the engagement of plan members in order to optimize their experiences, decision-making and outcomes was a recurring theme at Benefits Canada’s…
While improving a defined contribution pension plan may appear to be simple, ensuring employees fully understand the changes is a crucial part of the exercise,…
While managers of target-date funds have benefited from strong tailwinds in recent years, how can they manage the current environment of uncertainty? Ruthann Pritchard, an…
Transitioning to a defined contribution plan from a defined benefit arrangement is hard enough during the best of times. But when the organization is a…
While saving for retirement is an incredibly long journey, visualizing the entire process is a great way to get to better outcomes, according to Neil…
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…