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CPP more costly than other public sector pensions: report

CPP more costly than other public sector pensions: report

The Canada Pension Plan (CPP) is more costly than five public sector pension plans, according to a new report by the Fraser Institute. The report…

  • By: Staff
  • February 2, 2016 September 13, 2019
  • 09:59
CPPIB among investors seeking transparency on climate change

CPPIB among investors seeking transparency on climate change

The Canada Pension Plan Investment Board and Quebec’s Caisse de depot are among institutional investors seeking greater transparency from three of the world’s biggest mining…

Mercer launches pension de-risking tool

Mercer launches pension de-risking tool

Mercer Canada has launched an online marketplace that is aimed at revolutionizing the bulk annuity market for defined benefit (DB) pension plans. The Mercer Pension…

Greece enters new round of bailout talks amid pension reform unrest

Greece enters new round of bailout talks amid pension reform unrest

Greece’s leftwing-led government is entering a new round of negotiations with its creditors over progress on the latest bailout program, amid angry union reactions to…

No end in sight for ‘spike unit’ helping social security tribunal

No end in sight for ‘spike unit’ helping social security tribunal

A special group assigned to help deal with a massive backlog of appeals around employment insurance and other social security benefits isn’t winding down anytime…

Sun Life launches digital retirement tool

Sun Life launches digital retirement tool

Sun Life Financial has launched a digital enrolment tool that aims to simplify the way Canadians save for retirement at work. The tool, MAX my…

Couch Potato works with employer retirement plans

Couch Potato works with employer retirement plans

Since most employer-sponsored plans allow employees to save painlessly through payroll deductions – often with a top-up from the company – the money is invested automatically and…

  • By: Staff
  • January 29, 2016 September 13, 2019
  • 08:07
Low equity market returns expected in medium term: survey

Low equity market returns expected in medium term: survey

Canada’s top economists, strategists and portfolio managers expect tepid growth for Canada in the near term, which will result in continued low interest rates, modest…

Conservatives and NDP express ORPP concerns

Conservatives and NDP express ORPP concerns

As the Ontario government continues to forge ahead with its plans for the Ontario Retirement Pension Plan (ORPP) by announcing new details and features this…

54% of Canadians saving for the long term

54% of Canadians saving for the long term

More than half (54%) of Canadians are making saving for the long term, including retirement, their primary financial priority, according to a new survey. The…

Employers urged to prepare for new normal in pension plans

Employers urged to prepare for new normal in pension plans

Employers need to prepare for a new normal in their pension plans as the economy continues to lag and people are living longer, Mercer’s Jean-Philippe…

OMERS buys into Spanish pipeline operator

OMERS buys into Spanish pipeline operator

An investment arm of one of Canada’s large public-sector pension funds says it has agreed to buy a 24.15% stake in Spain’s largest operator of oil…

ORPP design and feature details announced

ORPP design and feature details announced

The Ontario government has announced a series of design and feature details for the Ontario Retirement Pension Plan (ORPP). In a press conference this morning, Ontario…

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…