The Ontario government announced plans yesterday to establish a new pension regulator. The Financial Services Regulatory Authority will be an independent and flexible regulatory body aimed at…
The November 2008 report from British Columbia and Alberta’s joint expert panel on pension standards encouraged the two provincial governments to take a leadership position…
The situation for the City of Saint John’s pension plan didn’t look very good when it converted to a shared-risk arrangement at the beginning of…
Employers across the country are keeping a close eye on New Brunswick, as the province becomes the legal battleground where decisions on the scope of…
As concerns over retirement income adequacy mount, the role of plan members in making decisions about their pension investments is a growing concern. Some plan…
Despite pension administrators’ best efforts, missing members are a significant challenge for many plans. With no standardized method for searching for them, plans tend to…
Ontario has adopted regulations to make pooled retirement pension plans available to employees in the province, joining British Columbia, Saskatchewan, Quebec, Nova Scotia and federally…
The Ontario government is forming an independent expert panel to deliver advice and recommendations on the appropriate application of accounting standards for the province’s jointly-sponsored…
Although rising costs for pension and benefits plans continue to be a concern for employers, many plan sponsors are finding ways to address the challenges…
Convergint Technologies is hosting what it calls a No Spender November effort this month to encourage its employees to be more aware about their individual…
If you ask me what I remember from taking the careers course in Grade 10, I would only be able to recall that a quiz…
After months, and even years, of buildup and anticipating, Republican nominee Donald Trump is the next president of the United States. Looking at his platform,…
New collective agreements reached between the United Steelworkers union and Canadian Nuclear Laboratories will create a multi-employer, multi-union pension plan for employees affected by the…
Canadian plan members reported a significant drop in the amount they believe they need to retire — from roughly $1.4 million in 2023, 2024 and…
While the percentage of plan members who describe their personal financial situation as significantly or somewhat better than last year decreased from 42 per cent…
Methodology improvements are pushing the life expectancy of Canadian retirees and surviving spouses by roughly one year to age 65 as of Jan. 1, 2024,…
In its 2026 budget on Thursday, the Ontario government proposed doubling the pension benefits guarantee fund’s monthly guarantee limit from $1,500 to $3,000 for all…
The bankruptcy of the Hudson Bay Co. and subsequent loss of promised supplemental employee/executive retirement plan benefits to executives has caused many to rethink the…
Derek Dobson, chief executive officer and plan manager at the Colleges of Applied Arts and Technology’s pension plan, is departing the organization following a formal…
Bell Canada’s defined benefit and defined contribution pension plans are both overseen by the same pension committee. The meeting cadences differ, but the committee leans…
Employers can reinforce the value of their workplace retirement plans by communicating to plan members about the importance of having money later versus money now,…
The Financial Services Regulatory Authority of Ontario is marking its fourth annual Pension Awareness Day today by encouraging employees to understand their employer-sponsored retirement plan…
Amazon Canada’s commitment to unique financial wellness offerings led to a win at Benefits Canada‘s 2024 Workplace Benefits Awards on Oct. 18. The technology company was…
Admiral Insurance’s award-winning benefits program is demonstrating how employers can use versatility to strike a fine balance between finding innovative solutions and maintaining plan sustainability. 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…