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Survey ranks Canada 10th for retirement security

Survey ranks Canada 10th for retirement security

Canada ranks 10th in a list of countries that provide the best retirement security, according to the latest global retirement index published today by Natixis…

  • By: Jann Lee
  • July 19, 2016 September 13, 2019
  • 09:00
Have your say: Are you planning to change the design of your pension or benefits plan?

Have your say: Are you planning to change the design of your pension or benefits plan?

With cost containment a key concern for sponsors of benefit and pension plans, are you planning on making changes to your plan design in the…

  • By: Staff
  • July 18, 2016 September 13, 2019
  • 20:00
What are British pension plans’ top post-Brexit concerns?

What are British pension plans’ top post-Brexit concerns?

The top post-Brexit concern among defined benefit pension plans is the need for employers and trustees to discuss funding impact, cited by 58 per cent…

  • By: Staff
  • July 18, 2016 September 13, 2019
  • 10:55
When to tap into CPP and OAS benefits

When to tap into CPP and OAS benefits

When you reach the cusp of retirement, you’re no doubt aware the Canada Pension Plan and Old Age Security provide much of the financial bedrock…

Sounding Board: A look at B.C. College Pension Plan’s reform efforts

Sounding Board: A look at B.C. College Pension Plan’s reform efforts

With 25,000 members and $4 billion in assets, British Columbia’s College Pension Plan is by far the smallest of the province’s four multi-employer public sector…

CPP expansion will do little to boost rate of return: report

CPP expansion will do little to boost rate of return: report

The expanded Canadian Pension Plan will bring only a slightly higher rate of return for retirees — 2.5 per cent in the expanded plan compared…

  • By: Jann Lee
  • July 14, 2016 September 13, 2019
  • 11:58
U.S. proposes modernizing annual return forms for pensions and benefits plans

U.S. proposes modernizing annual return forms for pensions and benefits plans

The U.S. Department of Labor, the Internal Revenue Service and the Pension Benefit Guaranty Corporation are seeking public comments on proposed revisions to modernize and…

  • By: Staff
  • July 14, 2016 September 13, 2019
  • 09:14

CPPIB, Wolf to pay $1.4B for ownership in Alberta pipeline

The Canada Pension Investment Board and Wolf Midstream Inc. have signed an agreement to acquire a 50 per cent ownership of a pipeline in northeastern…

Pension regulatory reform on the agenda as Ontario considers experts’ recommendations

Pension regulatory reform on the agenda as Ontario considers experts’ recommendations

More rule-making powers for a new regulator touted in a recent report to take over the duties of the Financial Services Commission of Ontario should…

Almost half of working-age Canadians not saving for retirement: report

Almost half of working-age Canadians not saving for retirement: report

Nearly half (48 per cent) of working-age Canadians are not saving for retirement, according to a global report by HSBC. The report, which surveyed more…

  • By: Staff
  • July 13, 2016 September 13, 2019
  • 10:36
IBM ordered to pay $23M to staff in connection to pension change

IBM ordered to pay $23M to staff in connection to pension change

IBM has been ordered to pay more than $23 million to 451 active and retired employees of its plant in Bromont, Que., a decade after…

Starbucks increases health benefits, stock plan and pay for U.S. employees

Starbucks increases health benefits, stock plan and pay for U.S. employees

Starbucks is launching an online health benefits platform, doubling its annual stock award program and raising base pay by at least five per cent for…

Women 80% more likely to be in poverty after retiring than men: study

Women 80% more likely to be in poverty after retiring than men: study

The average income for American women age 65 and older is 25 per cent lower than for American men in the same age group, according…

  • By: Staff
  • July 13, 2016 September 13, 2019
  • 08:36

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…