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Though poorly understood, TFSAs have great benefits

Though poorly understood, TFSAs have great benefits

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,…

  • By: Staff
  • September 28, 2015 September 13, 2019
  • 11:05
Aegon to buy Mercer’s U.S. DC recordkeeping business

Aegon to buy Mercer’s U.S. DC recordkeeping business

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.

  • By: Staff
  • September 25, 2015 September 13, 2019
  • 10:48
Shift to DC hasn’t reduced retirement savings

Shift to DC hasn’t reduced retirement savings

Many commentators assert that people are saving less for retirement as a result of the shift from DB to DC plans.

  • By: Staff
  • September 24, 2015 September 13, 2019
  • 12:24
OAS benefit amounts to increase

OAS benefit amounts to increase

Employment and Social Development Canada has announced the quarterly benefit amounts for Old Age Security (OAS) for October to December 2015.

  • By: Staff
  • September 23, 2015 September 13, 2019
  • 10:34
Businesses scared of ORPP’s economic impact

Businesses scared of ORPP’s economic impact

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…

  • By: Staff
  • September 23, 2015 September 13, 2019
  • 10:20
USW wants court to stop U.S. Steel from cutting pension contributions

USW wants court to stop U.S. Steel from cutting pension contributions

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…

  • By: Staff
  • September 21, 2015 September 13, 2019
  • 11:30
U.S. Steel Canada asks court to stop some pension contributions

U.S. Steel Canada asks court to stop some pension contributions

U.S. Steel Canada says it will be filing a motion with the Ontario Superior Court of Justice seeking an order to continue its operations and…

  • By: Staff
  • September 18, 2015 September 13, 2019
  • 11:28
How employers can help employees in retirement

How employers can help employees in retirement

Retirement is on employers’ minds. Employers are revisiting how they view their retirement programs and how they view their role when active employees become retirees,…

CUPE says no to voluntary CPP

CUPE says no to voluntary CPP

The Canadian Union of Public Employees (CUPE) believes CPP enhancement is a better option than a voluntary CPP.

  • By: Staff
  • September 15, 2015 September 13, 2019
  • 12:00
Liberals pledge to enhance CPP

Liberals pledge to enhance CPP

Liberal Leader Justin Trudeau turned his attention to seniors in Toronto this morning, promising to enhance Canada's pension plan and boost incomes for low-income seniors.

Women face gender pension gap

Women face gender pension gap

In both developed and developing economies, the risk of poverty in old age falls disproportionately on women, the Financial Times reports.

  • By: Staff
  • September 9, 2015 September 13, 2019
  • 12:27
IFIC dislikes voluntary CPP

IFIC dislikes voluntary CPP

The Investment Funds Institute of Canada (IFIC) isn't in favour of a voluntary CPP.

  • By: Staff
  • September 9, 2015 September 13, 2019
  • 12:09
Pension funds need to consider climate change risks: Study

Pension funds need to consider climate change risks: Study

Climate change is one of the biggest risks faced by Canadian pension plans and plan managers may be forced into taking public stands to fulfil…

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

Feds seeking to boost domestic investments by Canadian institutional investors: budget

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…

  • By: Staff
  • April 17, 2024 April 16, 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…

FSRA focusing on target-benefit framework for MEPPs, sustainability of PBGF in 2024-25 annual plan

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…

  • By: Staff
  • April 17, 2024 April 16, 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

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…