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Reform needed for retirement systems

Reform needed for retirement systems

Pension and retirement systems need to reformed rapidily at a global level to meet demographic challenges, according to a report from EY.

  • By: Staff
  • August 14, 2014 September 13, 2019
  • 11:27
Pension and benefits service provider agreements: Some practical thoughts

Pension and benefits service provider agreements: Some practical thoughts

All too often, employers and plan administrators may sign an agreement without sufficient review and negotiation. Sometimes, they may enter into a service relationship without…

Many DC plan members don’t increase contributions

Many DC plan members don’t increase contributions

More than one-third of Americans that contribute to an employer-sponsored retirement plan have never increased the percentage of their salary they contribute to their company's…

  • By: Staff
  • August 12, 2014 September 13, 2019
  • 13:31
Pension column: Focusing on decumulation

Pension column: Focusing on decumulation

An emerging focus on the payout phase could mean a greater fiduciary role for DC plan sponsors

CARP wants mandatory RRIF withdrawals eliminated

CARP wants mandatory RRIF withdrawals eliminated

CARP is calling on the federal government to fight seniors’ poverty by eliminating mandatory minimum withdrawals from RRIFs, relaxing GIS rules and introducing measures to…

  • By: Staff
  • August 8, 2014 September 13, 2019
  • 10:51
Regina’s mayor wants to resume pension talks

Regina’s mayor wants to resume pension talks

Regina's mayor is calling for representatives from the employees' groups within the Civic Employees' Pension Plan to return to the negotiating table.

  • By: Staff
  • August 7, 2014 September 13, 2019
  • 15:01
Employers expect higher salary increases in 2015

Employers expect higher salary increases in 2015

Employers in Canada are expecting salaries to rise by an average of 2.8% in 2015, according to Morneau Shepell’s annual survey of Compensation and Trends…

  • By: Staff
  • August 7, 2014 September 13, 2019
  • 11:54
The future of workplace pensions

The future of workplace pensions

Without question, workplace pension plans, particularly the traditional DB plan, serve many important purposes in modern society. Employer planning and retention considerations, employee retirement security…

Electricity sector pensions expensive: Report

Electricity sector pensions expensive: Report

Pension benefits in Ontario's electricity sector pension plans are "richer" than most of the broader public service plans, according to a report.

  • By: Staff
  • August 5, 2014 September 13, 2019
  • 10:58
Nortel pensioners denounce bondholder agreement

Nortel pensioners denounce bondholder agreement

Nortel Retirees and Former Employees Protection Canada strongly objects to the proposed settlement between the American division of Nortel Networks and some of its bondholders.

  • By: Staff
  • August 1, 2014 September 13, 2019
  • 09:52
Overcoming group retirement plan apathy

Overcoming group retirement plan apathy

One of the largest problems faced by group retirement plans is plan member apathy.

  • July 31, 2014 September 13, 2019
  • 10:48
DB pension benefits help support U.S. economy: Report

DB pension benefits help support U.S. economy: Report

A new economic impact study finds that pension benefit expenditures provide important economic support to the American economy, including more than US$943 billion in total…

  • By: Staff
  • July 31, 2014 September 13, 2019
  • 10:37
New Brunswick makes amendments to Pension Benefits Act

New Brunswick makes amendments to Pension Benefits Act

The Government of New Brunswick reconvened the legislative assembly to make amendments to the Pension Benefits Act that will enable retirees under the Fraser Papers’…

  • By: Staff
  • July 30, 2014 September 13, 2019
  • 11:06

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

Feds seeking to boost domestic investments by Canadian institutional investors: budget

In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…

  • By: Staff
  • April 17, 2024 April 16, 2024
  • 09:00

Back to basics on investment glide paths

Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee…

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…

FSRA focusing on target-benefit framework for MEPPs, sustainability of PBGF in 2024-25 annual plan

In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s…

  • By: Staff
  • April 17, 2024 April 16, 2024
  • 09:00

Where do Canadian institutional investors stand on calls for increased domestic investments?

A renewed call for increased domestic investments by Canadian pension plans isn’t surprising amid an ongoing discussion around the role of investment organizations in supporting the…

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

UPP keeping plan members engaged, informed with new web portal

The University Pension Plan is launching a new web portal to prioritize plan member engagement throughout the year. “Transparency is an important value to our…

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…