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Canadian pension solvency ratio down in February: survey

Canadian pension solvency ratio down in February: survey

The median solvency ratio of Canadian defined benefit pension plans stood at 80.8% as of Feb. 29, a decline of 2.1 percentage points from the…

  • By: Staff
  • March 4, 2016 September 13, 2019
  • 09:32
CFIB calls to end ‘bridge benefit’ for government retirees

CFIB calls to end ‘bridge benefit’ for government retirees

The Canadian Federation of Independent Business (CFIB) is calling on the government to end the “bridge benefit” perk, an incentive for government employees who retire early.…

  • By: Staff
  • March 4, 2016 September 13, 2019
  • 09:18

How millennials are forcing financial firms to rethink retirement

Though millennials have become the largest cohort in the Canadian workplace, many of those born in the 1980s and 1990s don’t have a good grasp…

  • By: Staff
  • March 4, 2016 December 4, 2020
  • 09:15
HOOPP’s 2015 return slides to 5% amid volatility

HOOPP’s 2015 return slides to 5% amid volatility

Amid slow global growth, chronically low interest rates and declining commodity prices, the Healthcare of Ontario Pension Plan (HOOPP) saw its return for 2015 slide…

44% approve of the ORPP: poll

44% approve of the ORPP: poll

Nearly half (44%) of respondents approve of the Ontario Retirement Pension Plan (ORPP) as a supplement to the CPP, according to a sampling of public opinion…

  • By: Staff
  • March 3, 2016 September 13, 2019
  • 10:00
A real-life stress test

A real-life stress test

The year 2016 started out with a bang, to say the least. The past year marked a transition in financial markets as the U.S. hiked…

British need to retire at 81 to get parents’ standard: study

British need to retire at 81 to get parents’ standard: study

A new study by pension provider Royal London suggests some British workers will have to work until they are 81 if they want to build up…

Caisse invests in food services company

Caisse invests in food services company

The Caisse de dépôt et placement due Québec has acquired a minority stake in a Paris-based food services company. The pension fund manager announced the…

  • By: Staff
  • March 2, 2016 September 13, 2019
  • 10:54
Sounding Board: ROM, CAAT pension merger lowers costs and risks

Sounding Board: ROM, CAAT pension merger lowers costs and risks

The idea was compelling. With the consent of its members, we looked to merge a  single-employer pension plan with a stable, jointly-governed multi-employer plan to create…

How employees can maximize their benefits

How employees can maximize their benefits

Despite many employers offering employee benefits that range from dental plans to retirement savings, the biggest problem companies have is engaging employes “to give a hoot,”…

  • By: Staff
  • March 1, 2016 September 13, 2019
  • 08:49
Brault & Martineau employees impacted by pension changes

Brault & Martineau employees impacted by pension changes

A breakdown in negotiations around a modified pension plan for warehouse workers of Brault & Martineau has resulted in the lockout of warehouse employees, according to…

  • By: Staff
  • February 29, 2016 September 13, 2019
  • 09:20
OMERS return drops to 6.7% in 2015

OMERS return drops to 6.7% in 2015

As a result of slow global growth, low interest rates and market volatility, the Ontario Municipal Employees Retirement System (OMERS) saw its net investment return…

What the Ontario Budget means for employers

What the Ontario Budget means for employers

Ontario Finance Minister Charles Sousa announced the province’s 2016 budget on Thursday, outlining a range of developments of interest to employers and benefit plan sponsors, including:…

  • By: Staff
  • February 26, 2016 September 13, 2019
  • 09:12

52% of U.S. private sector workers with employer-sponsored retirement plans say they contribute: survey

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…

  • By: Staff
  • April 29, 2024 April 29, 2024
  • 15:00

Chipotle expanding benefits offering to focus on career development, student debt

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…

Top 5 HR, benefits, pension and investment stories of the week

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…

  • By: Staff
  • April 19, 2024 April 18, 2024
  • 09:00

Public meeting in Edmonton attracts hundreds amid talk of province’s CPP withdrawal

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…

  • By: Staff
  • April 30, 2024 April 29, 2024
  • 09:00

Top 5 HR, benefits, pensions and investment stories of the week

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.…

  • By: Staff
  • April 26, 2024 April 25, 2024
  • 09:00

Ontario court sides with IBM in pension benefits rectification case

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…

Just a third of U.K pension plan members feel they’ve saved enough to retire: survey

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,…

  • By: Staff
  • April 26, 2024 April 25, 2024
  • 09:00

Clear, flexible regulations needed for target-benefit plans: report

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…

  • By: Staff
  • March 19, 2024 March 18, 2024
  • 09:00

OPB working with employers to receive salary information of employees impacted by Bill 124

The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the…

  • By: Staff
  • March 12, 2024 March 13, 2024
  • 15:00

How Ontario pay transparency legislation will impact employers

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 using budget workshops, interactive game to support employee financial wellness

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…

  • By: Sadie Janes
  • November 24, 2023 November 23, 2023
  • 09:00

2023 Healthy Outcomes Conference: A closer look at the mental, physical, financial risk factors facing plan members

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…