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SIPP deadline looms for Ontario pensions

SIPP deadline looms for Ontario pensions

Ontario pension plans registered before Jan. 1, 2016 must file their statement of investment policies and procedures (SIPP) by this coming Tuesday, March 1. For plans registered…

  • By: Staff
  • February 26, 2016 September 13, 2019
  • 08:34
Ontario Budget: Province to introduce PRPP changes

Ontario Budget: Province to introduce PRPP changes

Ontario is introducing changes to the Pooled Registered Pension Plans Act, 2015 as well as other legislative pension amendments as part of its 2016 budget,…

Ontario Budget: The ORPP pushes ahead, more details to come in spring

Ontario Budget: The ORPP pushes ahead, more details to come in spring

During its announcement of the 2016 Ontario Budget on Feb. 25, the provincial government said it’s on track to ensure that, by 2020, all eligible…

Ontario Budget: Government continues to consult on target benefit plans

Ontario Budget: Government continues to consult on target benefit plans

The Ontario government said it will continue to consult on all aspects of a target benefit multi-employer pension plans framework, including funding rules. In its…

  • By: Staff
  • February 25, 2016 September 13, 2019
  • 17:08
Ontario Budget: Province starts reviewing pension solvency rules

Ontario Budget: Province starts reviewing pension solvency rules

Less than two months after Quebec changed the funding rules for its private defined benefit pension plans, the government of Ontario says it will proceed…

Ontario Budget: Final report on modernization of pension plans to come this spring

Ontario Budget: Final report on modernization of pension plans to come this spring

A final report on modernizing and increasing accountability around the regulations of financial services and pension plans in Ontario is set to be released in…

  • By: Staff
  • February 25, 2016 September 13, 2019
  • 16:51
Teachers’, AIMCo and Borealis buy London City airport for £2 billion

Teachers’, AIMCo and Borealis buy London City airport for £2 billion

The London City airport will be bought by a consortium that includes the Ontario Teachers’ Pension Plan, the Alberta Investment Management Corporation and Borealis Infrastructure,…

  • By: Staff
  • February 25, 2016 September 13, 2019
  • 15:54
Employees facing less comfortable retirement than parents: survey

Employees facing less comfortable retirement than parents: survey

Nearly three-quarters of Canadian employees believe they are facing a less comfortable retirement than their parents, according to new research by Willis Towers Watson. The…

  • By: Staff
  • February 25, 2016 September 13, 2019
  • 09:40
Caisse’s 2015 return slides to 9% amid volatility

Caisse’s 2015 return slides to 9% amid volatility

Amid monetary easing, declining oil prices and anemic global growth, Caisse de dépôt et placement du Québec posted a return of 9.1 per cent for…

56% of employers with DC plans think staff are saving enough

56% of employers with DC plans think staff are saving enough

More than half (56%) of Canadian employers with defined contribution pension plans think their employees are saving enough for retirement, while just 24% of employees feel the…

  • By: Staff
  • February 24, 2016 September 13, 2019
  • 09:57
What will Ontario’s 2016 Budget say about pensions?

What will Ontario’s 2016 Budget say about pensions?

The Association of Canadian Pension Management is hoping to see a series of pension consultations announced by the Ontario government when it shares the details…

OCC calls for offset measures to support transition to ORPP

OCC calls for offset measures to support transition to ORPP

The Ontario Chamber of Commerce (OCC) is calling on the government of Ontario to support employers in the transition to the Ontario Retirement Pension Plan…

  • By: Staff
  • February 23, 2016 September 13, 2019
  • 09:50
Healthcare company ordered to repay US$1.7 million to profit-sharing plan

Healthcare company ordered to repay US$1.7 million to profit-sharing plan

Alliance Home Healthcare has been ordered by a federal judge to repay a total of US$1,736,339 to its profit-sharing plan. An investigation by the U.S.…

  • By: Staff
  • February 22, 2016 September 13, 2019
  • 09:52

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…