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ORPP bill receives royal assent

ORPP bill receives royal assent

Ontario's Bill 56, An Act to require the establishment of the Ontario Retirement Pension Plan (ORPP), received royal assent on Tuesday.

  • By: Staff
  • May 6, 2015 September 13, 2019
  • 12:32
What your plan members don’t know about life expectancy

What your plan members don’t know about life expectancy

If you were asked how long you think you’ll live, you’d probably do a quick mental scan of your grandparents, parents, aunts, uncles, and other…

Shift away from DB widens income gap

Shift away from DB widens income gap

Reforms that negatively affect pension plan participants and beneficiaries also exacerbate income inequality and hinder economic growth, finds a National Conference on Public Employee Retirement…

  • By: Staff
  • May 5, 2015 September 13, 2019
  • 10:58
Three ways to smarten up your DC plan

Three ways to smarten up your DC plan

How can employers offer a better, more efficient DC plan?

Should plan sponsors help with decumulation?

Should plan sponsors help with decumulation?

Decumulation is a critical issue for DC plan members, since the decisions they make during that stage can have a significant impact on their income.…

Global equities drive pension returns

Global equities drive pension returns

During a quarter that featured falling oil prices, a Bank of Canada rate cut and uneven global economic data, Canadian pension plans generated positive returns…

  • By: Staff
  • April 30, 2015 September 13, 2019
  • 13:20
Decumulation options to consider

Decumulation options to consider

Worried about your DC plan members outliving their savings? Take a closer look at your decumulation options.

CUPE Ontario blasts PRPPs

CUPE Ontario blasts PRPPs

The introduction of pooled registered pension plans in Ontario could prevent an enhanced Canada Pension Plan from materializing, said a CUPE Ontario representative at the…

Ontario approves bill to create ORPP

Ontario approves bill to create ORPP

Ontario has passed legislation to create the Ontario Retirement Pension Plan (ORPP).

Fixed income opportunities in a low-yield environment

Fixed income opportunities in a low-yield environment

Investors have turned to bonds to provide income, liquidity, stability and diversification.

TBP lessons for DB sponsors

TBP lessons for DB sponsors

While all existing target-benefit plans (TBPs) in Canada are different, there are common lessons DB plan sponsors can keep in mind if they decide to…

Industry shows support for PRPPs

Industry shows support for PRPPs

Canada’s financial services industry showed its support for Pooled Registered Pension Plans (PRPPs) at the first day of public hearings in Ontario on Monday.

Should plan sponsors get involved in investment advice?

Should plan sponsors get involved in investment advice?

Manulife research shows one in three workers are struggling with their finances. So should plan sponsors offer access to professional advisors to help?

52% of U.S. private sector workers with employer-sponsored retirement plans say they contribute: survey

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…

  • By: Staff
  • April 29, 2024 April 29, 2024
  • 15:00

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

Public meeting in Edmonton attracts hundreds amid talk of province’s CPP withdrawal

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…

  • By: Staff
  • April 30, 2024 April 29, 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…

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…