In response to the growing issue of employees entering the workforce saddled with significant student debt, Great-West Life Assurance Co. is piloting a program to empower…
Canada’s retirement system has maintained its B rating on the Melbourne Mercer Global Pension Index, as its overall score rose slightly from 66.4 in 2016 to 66.8…
While mental health is often a sensitive area, the Co-operators Group Ltd. aimed to bring the issue into the open by introducing an online Yammer group…
Six of Canada’s largest pension funds have been ranked among the world’s most responsible institutional investors. The ranking, by the Bretton Woods II program at U.S.…
The coming into force of an administrative monetary penalty regime under Ontario’s Pension Benefits Act on Jan. 1, 2018, will change the risk profile for…
For those who use the standard four per cent withdrawal rate for retirement savings, it’s time to reconsider the approach. “The four per cent withdrawal rate has…
The Caisse de dépôt et placement du Québec will now be factoring climate change into every investment decision it makes, setting out targets and actions…
One year since the federal government unveiled its target-benefit bill, the issue is still attracting divisive opinions from the industry. On one hand, there’s continued…
Caisse de dépôt et placement du Québec is investing in Montreal-based Lightspeed POS Inc., a point-of-sale and e-commerce software solution for independent retailers and restaurateurs.…
The Ontario Superintendent of Financial Services has selected Morneau Shepell Ltd. to take over the administration of Sears Canada Inc.’s pension plan. Following the announcement…
The idea of taxing employee discounts appears to be on hold for now, but the government may reintroduce it at a later date. If it does,…
By presenting pension information in simpler, bite-sized chunks and introducing a colourful character, the Alberta Local Authorities Pension Plan undertook a digital revamp that earned…
The total number of active members in registered pension plans rose steadily between 2005 and 2015, from 5.7 million to 6.3 million, an increase of…
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…