The Canada Pension Plan Investment Board saw a net increase of $8.9 billion in assets during the final quarter of 2017, bringing its total to $337.1…
Advisors are making it clear they want to be a part of the conversation as the Canadian Life and Health Insurance Association develops its new compensation disclosure…
Ninety per cent of Canadians don’t have a retirement plan that takes into account their desired post-retirement lifestyle, according to a new survey by the Canadian Imperial…
Deron Waldock has joined McCarthy Tétrault LLP as a partner in its national pension, benefits and compensation group, working out of the firm’s Toronto office.…
Manulife Financial Corp. is partnering with Vitech Systems Group Inc. as a software provider and system integrator for its Canadian group benefits business. Vitech’s insurance…
When Loblaw Companies Ltd. purchased annuities to reduce the risk in its defined benefit pension plans in January 2017, the $350-million, inflation-linked buyout kicked off…
While retirement may not yet be at the top of millennials’ priority lists, it won’t be long before they arrive on the pension scene. How…
The ongoing Sears Canada Inc. and Wabush Mines restructurings illustrate that there’s perhaps nothing as vexing in insolvency situations as the position that pension deficits…
Robust equity markets led U.S. institutional investment plans to strong gains in 2017 with a median return of 15.3 per cent for the year, according to new data by Northern Trust Corp.…
Two senior executives at the Canada Pension Plan Investment Board are about to reach retirement themselves. Nick Zelenczuk, senior managing director and chief operations officer,…
After 18 years of litigation, a settlement has delivered $7 million to former employees of the Canada Mortgage and Housing Corp. involved in two class…
Canadians have been contributing less to their registered retirement savings plans so far this year, according to a new survey by BMO Financial Corp. Its annual…
Global defined contribution plan assets are growing faster than defined benefit pension assets, according to a new report by the Thinking Ahead Institute and Willis Towers…
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…