According to a recent Broadbent Institute study, “the value of retirement assets of those aged 55 to 64 without an employer pension is wholly inadequate.”…
Institutional investors are suing automaker Volkswagen in a German court, seeking 3.25 billion euros ($3.57 billion) in damages over the company’s diesel emissions scandal. Attorney…
Like other large defined benefit pension funds in Canada, OPTrust, which manages the OPSEU Pension Plan, saw its 2015 investment return slide amid low interest…
A U.S. insurance company has agreed to pay US$219 million to end a class action lawsuit for allegedly making false and misleading statements about a…
More Canadians are saving for retirement than Americans, according to a new survey by Franklin Templeton Investments. Its 2016 Retirement Income Strategies and Expectations survey, which…
We’ve been called Maple Revolutionaries and the new masters of the universe. For years now, it has been a heady thing to be one of…
The top rewards-related issue during a merger and acquisition transaction is medical benefits, a key area of focus in 92% of projects analyzed by Mercer…
The union that represents NHL players doesn’t want its Ontario members – the Toronto Maple Leafs and the Ottawa Senators – to be forced to pay into…
Ontario Progressive Conservative leader Patrick Brown said the party not only opposes the provincial Liberal government’s plan for the Ontario Retirement Pension Plan, but they’d…
Caisse de dépôt et placement du Québec has announced its commitment to invest US$150 million in renewable energy in India as it establishes a CDPQ…
A federal judge has ordered the NFL’s pension plan to pay higher disability benefits to a retired player who apparently is suffering from an illness caused…
The past decade of low interest rates in North America has caused Canada’s biggest defined benefit pension plans to increase their allocations to alternatives that…
As fixed income markets go, the Canadian market is relatively small. Canadian government bonds comprise less than 3% of overall issuance from G7 countries, while Canadian…
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…