Canadian retirees are living on 62% of income
Canadian retirees are living on 62% of the income they had before retiring, according to a new report. The Sun Life Financial Retirement Now Report…
- By: Staff
- February 18, 2016 September 13, 2019
- 09:15
Top Stories in Pensions
CPP to be expanded within the year
The Canada Pension Plan will be enhanced in 2016, says federal Finance Minister Bill Morneau. “Our goal is to work together with all provinces and…
- By: Staff
- February 17, 2016 September 13, 2019
- 11:45
ORPP delay welcomed, but more support needed
The Ontario Chamber of Commerce and the Canadian Federation of Independent Business are just two of the organizations encouraged by the provincial government’s announcement Tuesday…
- By: Jennifer Paterson
- February 17, 2016 September 13, 2019
- 09:24
92% of pension funds plan to upgrade governance: report
The vast majority (92%) of pension funds are planning to upgrade their governance model over the next 12 months, according to new research by State…
- By: Jennifer Paterson
- February 17, 2016 September 13, 2019
- 09:08
Co-op Atlantic staff facing 30% pension reduction
Some 1,200 employees and retirees of Co-op Atlantic are facing a 30% reduction in their pension. According to pension administrator Eckler, which was appointed after Co-op Atlantic filed…
- By: Staff
- February 16, 2016 September 13, 2019
- 16:34
ORPP delay a ‘wise’ move
The Association of Canadian Pension Management is welcoming today’s announcement of a one-year delay to the Ontario Retirement Pension Plan. “We welcome it,” says ACPM…
- By: Glenn Kauth
- February 16, 2016 September 13, 2019
- 11:25
Canadians’ retirement savings ‘wholly inadequate’
The value of retirement assets of Canadians aged between 55 and 64 without an employer pension is “wholly inadequate” at an overall median value of just…
- By: Staff
- February 16, 2016 September 13, 2019
- 09:59
Gallagher appoints Henry Toby
Employee benefits consulting and brokerage firm Gallagher has appointed Henry Toby as senior vice president of group benefits and retirement for the Ontario region. In…
- By: Staff
- February 15, 2016 September 13, 2019
- 09:10
ORPP delay, GST relief on investment association’s budgetary wish list
The Portfolio Management Association of Canada is adding its voice to groups calling for a delay to the introduction of the Ontario Retirement Pension Plan.…
- By: Glenn Kauth
- February 12, 2016 September 13, 2019
- 11:36
Manulife sees 62% drop in Q4 profit
Manulife Financial saw a 62% drop in fourth-quarter profit, largely from losses in its oil and gas investments, according to a report published Thursday. The Toronto-based company…
- By: Jennifer Paterson
- February 12, 2016 September 13, 2019
- 09:14
Greek farmers clash with riot police in pensions protest
Greek farmers wielding shepherd’s staffs and throwing rocks clashed with riot police in Athens on Friday as thousands headed to the capital for a two-day…
- By: Elena Becatoros, The Associated Press
- February 12, 2016 September 13, 2019
- 09:10
Ontario Teachers’ makes further appointments
Following the appointment of a new CIO in January and a reshuffling of its investment team last week, the Ontario Teachers’ Pension Plan has made…
- By: Staff
- February 11, 2016 September 13, 2019
- 13:27
CLHIA calls for one-year delay to ORPP
The Canadian Life and Health Insurance Association (CLHIA) has called for a one-year delay of the ORPP. In its 2016 Ontario Budget Submission, written to Ontario Minister…
- By: Jennifer Paterson
- February 11, 2016 September 13, 2019
- 10:05
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…
- By: Sadie Janes
- April 26, 2024 April 26, 2024
- 09:00
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
Top 5 HR, benefits, pension and investment stories of the week
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…
- By: Staff
- May 3, 2024 May 2, 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
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
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…
- By: Julius Melnitzer
- April 24, 2024 April 23, 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
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…
- By: Sadie Janes
- December 4, 2023 December 1, 2023
- 09:00
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…
- By: Kelsey Rolfe
- November 20, 2023 November 15, 2023
- 07:58