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FICOM appoints interim superintendent of pensions

FICOM appoints interim superintendent of pensions

The Financial Institutions Commission of British Columbia has appointed Michael Peters as acting superintendent of pensions as part of an interim leadership team. The regulatory…

  • By: Staff
  • August 17, 2016 September 13, 2019
  • 09:05
Arbitrator picks DC plan for Canada Post rural workers

Arbitrator picks DC plan for Canada Post rural workers

New workers who are members of the Canadian Postmasters and Assistants Association (CPAA) will be joining a defined contribution pension plan after a labour arbitrator ruled…

Sounding Board: A look at the amalgamation of two DC pension plans

Sounding Board: A look at the amalgamation of two DC pension plans

What do you get when you look to transfer 9,000 members, with more than $1.3 billion in assets, from one defined contribution pension plan to…

Caisse posts strongest half-year return since 2010

Caisse posts strongest half-year return since 2010

The Caisse de dépôt et placement du Québec generated a two per cent return in the first half of the year ended June 30, 2016, its…

Canadian pension plans rebound in Q2: RBC report

Canadian pension plans rebound in Q2: RBC report

Despite continuing economic uncertainty, Canadian defined benefit pension plans showed returns of 2.9 per cent in the second quarter of 2016 compared to first quarter…

  • By: Staff
  • August 12, 2016 September 13, 2019
  • 08:26
Caisse to invest additional $125 million in McInnis Cement project

Caisse to invest additional $125 million in McInnis Cement project

La Caisse de dépôt et placement du Québec is to invest an additional $125 million in the form of preferred equity in its McInnis Cement plant…

  • By: Staff
  • August 11, 2016 September 13, 2019
  • 17:19
Removing pension issues a solution to Canada Post stalemate: prof

Removing pension issues a solution to Canada Post stalemate: prof

While Canada Post Corp. has withdrawn the lockout threat it issued in early July to the Canadian Union of Postal Workers, the two sides remain…

B.C. government doing little to solicit feedback on CPP enhancement

B.C. government doing little to solicit feedback on CPP enhancement

The Canada Pension Plan enhancement deal that federal Finance Minister Bill Morneau reached with his provincial counterparts in June has hit a bump in the…

  • By: Greg Hurst
  • August 11, 2016 September 13, 2019
  • 09:30
Co-op Atlantic pensioners to share $7.25M as windup moves forward

Co-op Atlantic pensioners to share $7.25M as windup moves forward

More than 1,000 employee and retiree members of Co-op Atlantic’s defined benefit pension plan are to share $7.25 million following a New Brunswick judge’s approval…

Alberta Teachers’ invests in Ontario wind farm

Alberta Teachers’ invests in Ontario wind farm

Alberta Teachers’ Retirement Fund Board, along with Axium Infrastructure and Manulife Financial, have acquired Samsung Renewable Energy’s one-third interest in the K2 Wind Facility near Goderich,…

  • By: Staff
  • August 10, 2016 September 13, 2019
  • 08:51
Feds urged to boost group RRSPs through tax, rule changes

Feds urged to boost group RRSPs through tax, rule changes

The Investment Funds Institute of Canada is getting a head start on the next federal budget by calling for changes to the treatment of group…

  • By: Staff
  • August 9, 2016 September 13, 2019
  • 10:24
Saskatchewan proposes elimination of solvency funding for certain pension plans

Saskatchewan proposes elimination of solvency funding for certain pension plans

Saskatchewan’s pension regulator has set out proposals that include eliminating solvency funding for the province’s negotiated cost pension plans. Currently, all negotiated cost plans must…

  • By: Staff
  • August 9, 2016 September 13, 2019
  • 09:28
Which is better: DB, DC or a third way?

Which is better: DB, DC or a third way?

Which type of pension plan is better: defined benefit or defined contribution? While the answer may seem obvious to some, the question was the subject…

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

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

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…

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

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

OPB working with employers to receive salary information of employees impacted by Bill 124

The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the…

  • By: Staff
  • March 12, 2024 March 13, 2024
  • 15:00

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…