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ORPP may have unintended consequences

ORPP may have unintended consequences

The Ontario Retirement Pension Plan could have significant implications for employers that currently sponsor retirement plans deemed to be non-comparable, says Osler's Pension & Benefits…

  • By: Staff
  • January 14, 2015 September 13, 2019
  • 10:25
How can pension funds cope with a low interest rate environment?

How can pension funds cope with a low interest rate environment?

Interest rates in Canada will likely remain low for an extended period of time, as the Bank of Canada (BoC) appears in no rush to…

Do target benefit plans reduce costs and risk?

Are target-benefit plans (TBPs) a cost-effective and risk-reducing alternative for pension plan sponsors versus traditional DB plan and DC plans? And, as importantly, are we…

Is the ORPP needed?

Is the ORPP needed?

The Ontario Retirement Pension Plan is based on the "faulty assumption" that most residents of the province aren't ready for retirement, says the Fraser Institute's…

  • By: Staff
  • January 12, 2015 September 13, 2019
  • 10:53
Majority are meeting their CAP objectives

Majority are meeting their CAP objectives

Ninety-seven per cent of DC plan sponsors and 90% of RRSP sponsors say their plans are meeting their original capital accumulation plan (CAP) objectives, reveals…

  • By: Staff
  • January 12, 2015 September 13, 2019
  • 10:51
Squeezing more returns from assets

Squeezing more returns from assets

In the current low-yielding fixed income market, fund managers and plan sponsors are desperately looking for alternative strategies to wring the most they can from…

Shared-risk model receives top marks

Shared-risk model receives top marks

New Brunswick's shared-risk model for pension plans has received the highest grade from the American Academy of Actuaries.

  • By: Staff
  • January 9, 2015 September 13, 2019
  • 11:07
U.K. pension deficits double

U.K. pension deficits double

The accounting deficit of DB pension schemes for the United Kingdom’s largest 350 companies has nearly doubled in the past year.

  • By: Staff
  • January 7, 2015 September 13, 2019
  • 10:41
Illinois creates private sector retirement savings plan

Illinois creates private sector retirement savings plan

Legislation to create a retirement plan for private sector employees in Illinois has been signed into law.

  • By: Staff
  • January 7, 2015 September 13, 2019
  • 10:38
U.S. corporate pension plan funding levels decline

U.S. corporate pension plan funding levels decline

The pension funded status of the largest corporate sponsors in the United States dropped in 2014 as falling interest rates and the impact of new…

  • By: Staff
  • January 6, 2015 September 13, 2019
  • 11:34
How to improve DC pension communications

How to improve DC pension communications

Get creative with DC communications by focusing on member behaviour.

Q&A: The DC plan landscape

Q&A: The DC plan landscape

DC plan assets are continuing to grow as more Canadian companies are shifting away from DB plans. Shawn Cohen, a director of relationship management for…

Canadian pension plan solvency declines in 2014

Canadian pension plan solvency declines in 2014

The solvency of Canadian DB plans declined through 2014 due to a decrease in long-term interest rates.

  • By: Staff
  • January 2, 2015 September 13, 2019
  • 10:09

Report finds world’s 300 largest pension funds’ AUM increased 10% in 2023

In 2023, the world’s 300 largest pension funds’ assets under management increased by 10 per cent to US$22.6 trillion, compared to $20.6 trillion at the…

  • By: Staff
  • September 18, 2024 September 18, 2024
  • 09:00

How employers can support female employees’ financial, retirement wellness

Brianne Collins, age 29, has worked as a senior copywriter at a large Toronto-based advertising agency for just over a year. Collins’ agency supports employee…

2024 CAP Member Survey: How CAPs are supporting employee financial wellness amid growing economic uncertainty

From 2016 to 2024, fewer plan members are confident they’ve saved enough for retirement. Indeed, Benefits Canada’s 2024 CAP Member survey found plan members’ optimism…

  • By: Blake Wolfe
  • September 13, 2024 September 12, 2024
  • 08:56

Increasing cybersecurity risks pushing institutional investors to build effective response plans: expert

An increase in the frequency of digital breaches among financial organizations is pushing institutional investors to take the necessary steps to prevent cyberattacks, says Sebastien…

How plan sponsors can support employees going through a divorce

Going through a divorce can be an extremely stressful and emotional experience and, unsurprisingly, the impacts can spill into the workplace. “[Employees may be] at…

Bristol-Myers Squibb sued for US$2BN pension risk transfer deal

Bristol-Myers Squibb Co. is being targeted in a lawsuit over a US$2 billion pension risk transfer deal completed in 2019 with Athene Annuity and Life…

  • By: Staff
  • September 12, 2024 September 12, 2024
  • 11:00

2024 Top 100 Pension Funds report: Employees’ financial wellness moving up the agenda for pension plan sponsors

When Phillip Kotanidis took over as chief human resources officer at Toronto’s Michael Garron Hospital in 2018, the financial well-being of staff wasn’t exactly high…

Top 5 HR, benefits, pension and investment stories of the week

An article highlighting CGI Group’s initiatives for Mental Health Awareness Month was the most-read story on BenefitsCanada.com this week. Here are the top five human…

  • By: Staff
  • May 24, 2024 May 23, 2024
  • 09:00

Saskatchewan arbitrator sides with Canadian Blood Services in pension contributions case

A Saskatchewan arbitrator has ruled that Canadian Blood Services doesn’t owe an employee eight years of retroactive pension contributions because it took the proper steps…

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…