The main deterrent for some employers is the increased costs that would result. Another reason is, employers prefer not to force enrollment on employees who…
The Ontario Retirement Pension Plan (ORPP) will help give technology companies a "recruitment advantage," according to Ontario Premier Kathleen Wynne.
Among the numerous changes in Nova Scotia’s new Pension Benefits Act (PBA) and Regulations that took effect on June 1, 2015, is a framework for…
The financial health of Canadian DB pensions declined sharply this week after improving through most of the second quarter, says Aon.
To successfully transition a member to retirement from a DC plan requires four pillars: people, platform, product and price. Any transition should make people a…
Greece is on the verge of an economic collapse and its pension system is partially to blame.
On the road to retirement, members must overcome five major risks: market, timing, inflation, shortfall and longevity. Plan sponsors need to be aware of these…
While most DC plan sponsors view retirement as the end of their relationship with their employees, some plan sponsors are taking an alternate approach by…
The solvency position of Canadian pension plans rose in the second quarter of 2015 because of rising interest rates.
There are two impediments to moving forward with decumulation. One is structural: plan sponsors are reluctant to take on additional fiduciary responsibility. In 2014, the…
A lockout at the Halifax Regional Water Commission continues after the latest round of talks ended without agreement between the utility and the union for…
The quarterly benefit amounts for Old Age Security (OAS) for July to September 2015 have been announced by Employment and Social Development Canada.
A global multi-sector fixed income strategy can offer a wide range of opportunities beyond the domestic market, said Terry Moore, portfolio specialist, global multi-sector and…
While more than two-thirds (69 per cent) of private sector workers in the U.S. have access to an employer-sponsored retirement savings plan, just half (52…
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…
A story on how private payers are implementing preferred pharmacy networks to reduce benefits plan costs was the most-read story on BenefitsCanada.com this week. Here…
Hundreds of Albertans turned out for a meeting in Edmonton last week to hear officials from the Canada Pension Plan Investment Board discuss the state…
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.…
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,…
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…
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…
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…