Asian countries are aging faster than has been seen anywhere else in the world, and they need to urgently reform pension systems and encourage more…
While the decline of defined-benefit pension plans puts greater investment risk on employees, they do have options for securing at least a partially guaranteed benefit.…
Pension systems remain under strain in many countries amid slow economic growth and moves by governments to shore up financial stability in the wake of…
Canada has climbed out of the recession that nudged the economy into reverse over the first half of 2015, but a rebound in growth during…
If a Buddhist monk moved out into the secular world, he’d be leading a life similar to the one Mr. Money Moustache (MMM) leads. Now…
Murray Gold, managing partner at Koskie Minsky LLP, has been appointed as a member of the initial board of directors for the Ontario Retirement Pension…
The ORPP is “a harebrained idea,” according to Dr. Jack Mintz, economist and fellow at the University of Calgary. Speaking at the 2015 Portfolio Management…
Before 2014, Harry Rosen Inc. frequently held DC plan education sessions, but these were not mandatory and therefore not well attended by employees.
The deficit racked up by the U.S. federal agency that insures pensions for about 40 million Americans has increased 23% to $76.4 billion over the…
The former head of an Oregon-based chain of retirement centres was sentenced by a federal judge on Tuesday to 15 years in prison for defrauding…
Baby boomers are saying they plan to work longer. This can be good or bad news. Many companies can benefit from keeping their mature workers…
Five major Canadian pension funds lost $2.4 billion during the last half of 2014 as a result of investing in fossil fuel assets, thestar.com reports.…
The Canada Revenue Agency recently announced that the maximum pensionable earnings under the Canada Pension Plan for 2016 will be $54,900, up from $53,600 in…
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…
In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…
Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee…
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…
In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s…
A renewed call for increased domestic investments by Canadian pension plans isn’t surprising amid an ongoing discussion around the role of investment organizations in supporting the…
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…
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…
The University Pension Plan is launching a new web portal to prioritize plan member engagement throughout the year. “Transparency is an important value to our…
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…