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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…

CRM2, regulatory actions abroad put fee transparency under the microscope

CRM2, regulatory actions abroad put fee transparency under the microscope

With the third phase of the Client Relationship Model, Phase 2 (CRM2) rules around fee disclosure in Canada now in effect and new regulatory actions…

CPP deal offers reprieve for group RRSPs

CPP deal offers reprieve for group RRSPs

Group registered retirement savings plans were in the hot seat when the Ontario government declared they wouldn’t be comparable for the purposes of the Ontario…

A primer on the Client Relationship Model (CRM2)

A primer on the Client Relationship Model (CRM2)

The Client Relationship Model is a regulatory effort designed to help clarify investment performance and costs for investors. Phase 1 What it involves: New disclosure…

Ontario Teachers’ acquires U.S. oil and gas assets

Ontario Teachers’ acquires U.S. oil and gas assets

The Ontario Teachers’ Pension Plan – along with RedBird Capital Partners and Aethon Energy Management – will acquire J-W Energy’s assets in north Louisiana and northeast…

  • By: Staff
  • August 8, 2016 September 13, 2019
  • 10:17
Investment association asks Ottawa for retirement reform

Investment association asks Ottawa for retirement reform

Most financial professionals — not to mention the government — are still working through the changes announced in the 2016 federal budget, but the Investment…

  • By: Staff
  • August 8, 2016 September 13, 2019
  • 10:00
How to manage the long-term obligations of a DB pension promise

How to manage the long-term obligations of a DB pension promise

Defined benefit pension risk is as much in the spotlight today as ever and remains a significant issue for plan sponsors, even when the sponsor’s…

  • August 8, 2016 September 13, 2019
  • 09:32
CLHIA rolls out new resource for people nearing retirement

CLHIA rolls out new resource for people nearing retirement

The Canadian Life and Health Insurance Association is introducing a new online resource for people nearing retirement. The association launched Retiring Soon? this week after its financial literacy committee noted…

Teachers’, CPPIB announce investments in industrial companies

Teachers’, CPPIB announce investments in industrial companies

Ontario Teachers’ Pension Plan is adding to its industrial and energy portfolio through the acquisition of Aurora Plastics Inc. Founded in 1997, Aurora Plastics produces…

  • By: Staff
  • August 4, 2016 September 13, 2019
  • 08:00
Settlement puts end to litigation against U.S. pension fund

Settlement puts end to litigation against U.S. pension fund

Following a settlement reached by the parties, the United States District Court for the District of Columbia has dismissed the U.S. Department of Labour’s lawsuit against…

  • By: Staff
  • August 3, 2016 September 13, 2019
  • 12:29
Sun Life boosts Hong Kong presence through pension acquisition

Sun Life boosts Hong Kong presence through pension acquisition

Sun Life Financial Inc. is boosting its presence in Hong Kong through the acquisition of the pension business of FWD Life Insurance Co. Ltd. “Expanding…

  • By: Staff
  • August 3, 2016 September 13, 2019
  • 10:51
Canadian pension plans steady despite Brexit uncertainty

Canadian pension plans steady despite Brexit uncertainty

Canadian pension funds seem to have fared well despite the short-term market volatility that ensued following Britain’s vote to leave the European Union, but a…

  • By: Jann Lee
  • August 3, 2016 September 13, 2019
  • 10:37
75-year-old retiree finds ‘real joy’ in returning to Sun Life as an intern

75-year-old retiree finds ‘real joy’ in returning to Sun Life as an intern

Robert De Niro may have changed the way Sun Life Financial Inc. looks at its intern program. “One rainy day a few months ago, I…

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…