Whether Prime Minister Justin Trudeau’s promise to enhance the CPP can shift from being a mere campaign pledge to becoming reality hinges on the provinces—and…
The deadline for filing amendments with respect to British Columbia’s Pension Benefits Standards Act (PBSA) has been extended by three months. Pension plan amendments required…
Benefits Canada magazine exists, at least in part, to inform the benefits and retirement services community—consultants, advisors, providers and, most important, employers—about key issues affecting…
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…
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…
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…
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.…
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…
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,…
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…
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…