The California State Teachers’ Retirement System and U.S. investment manager Jana Partners have sent an open letter to Apple Inc. encouraging the company to address…
Organizations representing Canada’s veterans say the government’s announcement of the long-awaited lifelong disability pensions has failed to live up to the Liberal’s election promise. Veterans…
The Ontario Energy Board is ordering Ontario Power Generation Inc. to cut a substantial amount from its pensions and benefits costs by 2021. In a report published last…
Members of the Youth Services Bureau of Ottawa pension plan have voted in favour of joining the Colleges of Applied Arts and Technology pension plan as of Jan.…
Canada’s defined benefit pension plans moved into a stronger solvency position by year end 2017, largely due to strong equity markets. The Mercer pension health…
If there’s one thing that’s clear about pension reform in 2018, it’s that sponsors will have their hands full, particularly in Ontario. “There’s no question…
Just seven per cent of Canadians say saving for retirement is their top financial priority in 2018, according to a new survey by CIBC. Men are nearly twice…
With the new year underway, recipients of Canada Pension Plan and old-age security benefits are getting a modest increase from the federal government. Effective Jan. 1,…
With 2017 coming to a close and 2018 on the horizon, professionals in the pension, investment, benefits and human resources industries have a number of dates to…
As 2017 draws to a close, we turn our attention to the new year. As usual, there’s a lot happening in the Canadian pension environment. Below are…
Bankruptcy and its impact on company’s pension plans was a big story in 2017, with Sears Canada Inc. and Stelco Inc. grabbing the most headlines of the…
Quebec employers are expressing concern about the business impact of the province’s move to eliminate disparities in pension and supplementary group benefits plans. “It’s an…
The Ontario financial regulator’s move to wind up the Sears Canada Inc. pension plan will be proceeding to a hearing after a creditor of the…
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…