Institutional investors are suing automaker Volkswagen in a German court, seeking 3.25 billion euros ($3.57 billion) in damages over the company’s diesel emissions scandal. Attorney…
Like other large defined benefit pension funds in Canada, OPTrust, which manages the OPSEU Pension Plan, saw its 2015 investment return slide amid low interest…
A U.S. insurance company has agreed to pay US$219 million to end a class action lawsuit for allegedly making false and misleading statements about a…
More Canadians are saving for retirement than Americans, according to a new survey by Franklin Templeton Investments. Its 2016 Retirement Income Strategies and Expectations survey, which…
We’ve been called Maple Revolutionaries and the new masters of the universe. For years now, it has been a heady thing to be one of…
The top rewards-related issue during a merger and acquisition transaction is medical benefits, a key area of focus in 92% of projects analyzed by Mercer…
The union that represents NHL players doesn’t want its Ontario members – the Toronto Maple Leafs and the Ottawa Senators – to be forced to pay into…
Ontario Progressive Conservative leader Patrick Brown said the party not only opposes the provincial Liberal government’s plan for the Ontario Retirement Pension Plan, but they’d…
Caisse de dépôt et placement du Québec has announced its commitment to invest US$150 million in renewable energy in India as it establishes a CDPQ…
A federal judge has ordered the NFL’s pension plan to pay higher disability benefits to a retired player who apparently is suffering from an illness caused…
The past decade of low interest rates in North America has caused Canada’s biggest defined benefit pension plans to increase their allocations to alternatives that…
As fixed income markets go, the Canadian market is relatively small. Canadian government bonds comprise less than 3% of overall issuance from G7 countries, while Canadian…
Some 71% of U.K. retirees said they started planning for retirement in advance, including 48% who started planning a long time before they retired, according to…
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…
With the new year may come new resolutions — or at least topics to keep in mind — for capital accumulation plan sponsors. Ongoing compliance…
Just 48 per cent of working Canadians say they have an employer-sponsored pension plan, according to a new survey by IG Wealth Management. The survey,…
Retirement advice and personalization are becoming foundational expectations for employees, not optional enhancements, said Rachel Weker, retirement strategist at T. Rowe Price Group Inc., during…
Don Smith, the recently suspended chair of the Colleges of Applied Arts and Technology pension plan’s board of trustees, has been removed from his position…
The Colleges of Applied Arts and Technology pension plan has suspended its board chair Don Smith. The pension organization, which oversees more than $23 billion…
The Healthcare of Ontario Pension Plan is appealing a Dutch tax court ruling against the investment organization. Th court backed the investigation of a tax…
Tourism Kingston is supporting employee financial well-being and retirement readiness with a new group registered retirement savings plan. The program, provided by the Empire Life…
When the Canadian Association of Pension Supervisory Authorities updated its capital accumulation plan guideline in September 2025, the Co-operative Superannuation Society Pension Plan conducted an…
Wealthsimple Inc. is marking Financial Literacy Month with a two-part series of information sessions on how women can build financial confidence. The sessions cover estate…