As employers struggle to determine the right governance structure for their defined contribution pension plans, one company going through the process found it could do…
Time and again we hear employers say the reason they provide a group retirement plan is to attract and retain quality employees, while younger employees say they…
Caisse de dépôt et placement du Québec, together with Investissement Québec, has invested $12.8 million in AddÉnergie, a Québec manufacturer of smart charging solutions for…
Cadillac Fairview is known for building things, so when the real estate and development firm discovered its plan members weren’t on track with their retirement savings…
Even with new rules implemented in Ontario this year, the issue of environmental, social and governance (ESG) factors remains a tricky question for Canada’s pension plans…
The solvency position of Canadian pension plans declined in the first quarter of 2016, an impact of volatile markets, according to two reports published this week.…
New Brunswick’s two largest public sector pension plans are joining forces. The trustee boards of the Public Service Shared Risk Plan, which covers most employees in…
As Ontario inches closer to launching its mandatory pension program, the Ontario Retirement Pension Plan, the pension industry remains polarized about the plan’s impact on…
While proponents are expressing concern about the absence of any mention of target-benefit pension plans in the recent federal budget, the omission doesn’t mean Ottawa has lost interest in…
Despite low interest rates, slow global growth and sliding commodity prices, the Ontario Teachers’ Pension Plan (Teachers’) saw its investment return increase in 2015 –…
CPPIB Credit Investments Inc., a wholly-owned subsidiary of the Canada Pension Plan Investment Board, has completed the funding of €480 million in the Mandatory Exchangeable Facility…
For many Canadian pension investors, the Canadian dollar has been a source of tremendous volatility in recent years. After reaching a post-financial crisis high of…
Global retailer Kingfisher Group has agreed a £230-million medically underwritten buy-in for its defined benefit pension plan. The transaction, which covers 149 specific plan members from the company’s £3-billion…
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…