DC lessons from across the globe
Despite a maturing of DC plans in Canada, the Towers Watson 2015 Global Pension Assets Study shows they still only account for about 4% of…
- By: Tony Palermo
- October 1, 2015 September 13, 2019
- 07:00
Despite a maturing of DC plans in Canada, the Towers Watson 2015 Global Pension Assets Study shows they still only account for about 4% of…
The Government of Ontario did something right when it decided to exempt certain DC plans from the Ontario Retirement Pension Plan (ORPP). Benefits Canada surveyed…
Let’s face it: no one really wants to spend precious time reading about their pension and benefit plans. Pensions and benefits are boring, and sometimes…
The British Columbia government is announcing new standards for workplace pension plans, creating options that could be activated even before an employee retires.
New York City mayor Bill de Blasio is proposing that the city's pension funds divest from coal.
The health of Canadian pension plans declined sharply in the third quarter due to market volatility and declining bond yields, reports from Aon and Mercer…
Plan participants in the United States believe their retirement plans should offer responsible investment options and having these options would favourably affect their attitudes toward…
The annual contribution room for tax-free savings accounts (TFSAs) recently went up to $10,000, which means Canadians can now use them to build real wealth,…
Aegon, through an affiliate of its Transamerica unit, has reached an agreement to acquire Mercer's American DC administration book of business for an undisclosed amount.
Many commentators assert that people are saving less for retirement as a result of the shift from DB to DC plans.
Employment and Social Development Canada has announced the quarterly benefit amounts for Old Age Security (OAS) for October to December 2015.
The Ontario Chamber of Commerce (OCC) and a coalition of major Ontario employers are calling on the provincial government to outline to the employer community…
The United Steelworkers is seeking a court order to stop U.S. Steel's reallocation of Canadian production to the United States and is condemning a threat…
More than £50 billion in U.K. pension benefits were at risk of being misplaced in abandoned accounts or scattered across multiple lost pots in 2023,…
Employees of Candu Energy Inc., Canadian Nuclear Laboratories and Global First Power are joining the Colleges of Applied Arts and Technology’s DBplus pension plan. Unionized…
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…
In its 2024 budget on Tuesday, the Ontario government reiterated its support for a provincial infrastructure bank to leverage public sector pension investments. The bank,…
Ford of Canada’s recent transfer of $923 million in pension liabilities to Desjardins Group, RBC Insurance and Sun Life Assurance Co. of Canada augurs well…
The Financial Services Regulatory Authority of Ontario is appointing Andrew Fung as executive vice-president of pensions, effective March 11, 2024. Fung first joined the Financial…
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…
Retirement benefits paid out by the Ontario Municipal Employees Retirement System accounted for 9.3 per cent of retirement income in Ontario in 2023, according to…
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…