The southern Alberta division of the Canadian Corps of Commissionaires has changed its defined contribution pension provider and structure in a bid to offer its 1,600 employees a…
A growing number of pension plan administrators are dealing with with the onerous task of tracking down missing plan members who have retired, according to speakers…
U.S.-based yogurt-maker Chobani is handing out shares worth up to 10 per cent of the company to its 2,000 full-time employees. In a letter sent…
OMERS private equity, the private equity arm of the Ontario Municipal Employees Retirement System, has agreed to sell baked goods company Give and Go Prepared…
One-fifth (21 per cent) of employer respondents to a recent survey by the International Foundation of Employee Benefit Plans provide financial or retirement education programs in the workplace…
The Canada Pension Plan Investment Board and European private equity firm Cinven have announced an agreement to acquire Hotelbeds Group, a global provider of travel…
Ahead of Bombardier’s annual shareholder meeting on Friday, two of its largest shareholders have expressed concern about the company’s executive compensation structure. The Canada Pension Plan Investment Board…
Ontario Teachers’ Pension Plan has announced it will sell its ownership in ANV Holdings BV to AmTrust Financial Services, a multinational insurance holding company headquartered in…
When the Ontario government released a regulatory proposal to eliminate the so-called 30-per-cent rule on March 14, it appeared neither controversial nor significant at first…
In its first federal budget last month, the Liberal government said it would seek additional funding from Canada’s pension funds as it looks to invest more…
When the Ontario government announced its proposed new legislation enshrining the framework for the Ontario Retirement Pension Plan (ORPP) on April 14, it also shared some significant…
More than half (59 per cent) of retirees are worried about making their retirement savings stretch for their remaining years, according to a new survey by…
Finance Minister Bill Morneau has been busy promoting his first federal budget on both sides of the Atlantic. This week, he continues west to such…
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…