Eckler Ltd. has named researcher Bonnie-Jeanne MacDonald as its new resident scholar. MacDonald, an actuary and researcher at Dalhousie University, drew attention in 2014 when…
Canada has edged out Britain as the fifth-largest country by share of pension assets, according to a new report from Willis Towers Watson. On Monday,…
Benefits Canada is pleased to announce the list of finalists for the 2017 Workplace Benefits Awards. The finalists will find out who won at a luncheon on…
While defined contribution plans were a small piece of the pension market when Benefits Canada first rolled off the presses in 1977, the Co-operative Superannuation…
Back in the 1990s, senior management at the Co-operators Group Ltd. decided to be more generous with its defined contribution pension plan. While most Canadian…
Pension plan administrators should get used to dealing with requests for their actuarial documents while lawyers duke it out over just how confidential they are,…
Despite British Columbia’s introduction of provisions for target-benefit pension plans in 2015, a report from the province’s regulator suggests the option has seen a slow uptake. Only…
The average income replacement ratio of capital accumulation plans in the second quarter of 2017 has remained stagnant since the start of the year, according…
Legislation requires a defined benefit pension plan to provide members leaving active service with the option of transferring out the lump-sum commuted value of their…
Plan administrators are eyeing the Bank of Canada’s current system that holds unclaimed bank balances for individuals as a possible solution to dealing with missing…
New draft regulations published in Quebec this summer address policies around annuity purchases for defined benefit pension plans for the first time. Industry stakeholders have…
Employees’ retirement plans are affected by how long they stay in the workforce. Whether or not they work past 65 often depends on government policy,…
Public pension plans have received flak over the years, with critics calling for greater transparency around liabilities and fairness for taxpayers. The Canadian Federation 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…