A freeze on postal services starting July 2 is nearing reality as Canada Post and the Canadian Union of Postal Workers fail to agree on…
Is it your job as a plan sponsor to educate your employees about the Canada Pension Plan expansion? Most employers will consider it the federal…
Critics say premium increases will hurt businesses, paycheques and the economy. Proponents say Canada Pension Plan enhancement will provide a needed and affordable boost to…
Expanding the working income tax benefit to offset increased Canada Pension Plan premiums for low-income workers will cost the federal government $250 million per year,…
The Ontario Teachers’ Pension Plan and AEA Investors have sold U.S. automation provider Dematic to KION Group in a purchase price expected to amount to…
After five years of work and many millions of dollars, the Alberta Pension Services Corp. turned on its new pension administration system on May 30, 2016.…
While the Canada Pension Plan deal has effectively cancelled the Ontario Retirement Pension Plan, the provincial Liberal party is still tallying up its total costs…
American men outpace women when it comes to retirement readiness, a study by Aon Hewitt study found. As a result, they’ll be able to retire…
Six public pension plans from Quebec City, with combined total assets of approximately $2 billion, have joined the Caisse de dépôt et placement du Québec.…
Robo-advisors represent the latest evolution of financial advice services and reflect the larger trend towards financial technology. By using software algorithms to assess investor risk…
The focus on financial literacy took an upswing in 2014 when Canada’s first financial literacy leader, Jane Rooney, met with stakeholders and held consultations across…
Ottawa has reached an agreement in principle with most of the provinces to expand the Canada Pension Plan for the first time in nearly 20…
Amid the worries about the financial impact of a potential British vote to leave the European Union on June 23, what would the effect be on institutional investors…
In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…
Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee…
Employer-sponsored retirement plans that offer matching contributions can help younger workers retire earlier and with more money, according to a new report by Mercer Canada.…
In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s…
A renewed call for increased domestic investments by Canadian pension plans isn’t surprising amid an ongoing discussion around the role of investment organizations in supporting the…
In its 2024 budget on Tuesday, the Ontario government reiterated its support for a provincial infrastructure bank to leverage public sector pension investments. The bank,…
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…
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…
The University Pension Plan is launching a new web portal to prioritize plan member engagement throughout the year. “Transparency is an important value to our…
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 Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…
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…