Many plan sponsors aren’t aware of the level of oversight required for their defined contribution pension plans and the legal risks that comes along with…
CDPQ Infra, a subsidiary of Caisse de dépôt et placement du Québec, has proposed a 67-kilometre electric light-rail transit system for the Greater Montréal area…
The Ontario Registered Pension Plan Administration Corp. will begin an extensive education campaign about the ORPP for employers this summer and a verification process for…
It seems even the judiciary isn’t immune to efforts to rein in benefits plans, including post-retirement coverage. In a recent decision of Ontario’s Divisional Court,…
Defined contribution pension plans put a significant onus on individuals to make decisions about their own retirement investments, something that leaves financial outcomes vulnerable to…
How has the retirement landscape changed over time and what can we expect in the future? Not surprisingly, people are living longer and, in many…
Decumulation is a growing and challenging issue for defined contribution pension plan sponsors. But one plan sponsor, the University of British Columbia faculty pension plan,…
At the Public Employees Pension Plan in Saskatchewan, a key focus is on treating plan members like customers to help improve their outcomes. “If we…
All the articles from the event can be found in our special section: DC Plan Summit 2016. Looking for photos from other events? Check out…
While a strong default option is crucial, plan sponsors shouldn’t forget about the importance of effective member engagement when it comes to their pension plans.…
When it comes to pensions, effective member engagement requires tailored efforts, said David Morrell, director of university benefits at the State University of New York.…
Everyone has heard the statistic that replacing 70 per cent of pre-retirement earnings will lead to retirement income adequacy. But where did that magic number…
How can plan sponsors build a defensive portfolio to manage volatility? They may want to consider low-volatility equities, said Kristen Colvin, director of consultant relations…
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…
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…
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…
A story on how private payers are implementing preferred pharmacy networks to reduce benefits plan costs was the most-read story on BenefitsCanada.com this week. Here…
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…
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.…
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,…
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…
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…
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…