During Benefits Canada's annual DC Plan Summit, plan sponsors participated in interactive sessions. They split into small groups and were given questions to discuss. Based…
The New Brunswick Teachers' Federation and the provincial government have reached an agreement regarding changes to the teachers' pension plan.
My pension fund clients that have members resident in Quebec have been sending me a form letter they have received from the Canada Revenue Agency…
During Benefits Canada’s annual DC Plan Summit, plan sponsors participated in interactive sessions. They split into small groups and were given questions to discuss. Based…
Colin Sinclare, managing director, institutional sales — Western Canada, MFS Investment Management Canada shares the best ideas from the topic they discussed.
Ottawa's unfunded liabilities for employee pension plans rose to $272 billion in 2013, far larger than reported, according to a C.D. Howe Institute study.
Catherine Jackman, vice-president, Phillips, Hager & North Investment Management shares the best ideas from the topic they discussed: member education.
Plan sponsors see the benefits of automatic enrollment and continue to adopt it, according to Bank of America Merrill Lynch.
A survey by SEI finds that American DC plan sponsors are evaluating their current target-date funds (TDFs) and considering whether or not custom TDFs are…
Great-West Financial, the American subsidiary of Great-West Lifeco, has reached an agreement to acquire J.P. Morgan Retirement Plan Services' large-market recordkeeping business for an undisclosed…
The funded status of the typical U.S. corporate pension plan declined in March.
In 2013, the largest corporate pension plans in the United States experienced historic improvement, with plan liabilities decreasing by 7.5% and assets improving by an…
Federal public servants have pension guarantees in their DB plans that are mispriced, causing Ottawa to seriously underestimate the cost of the pension plans and…
While more than two-thirds (69 per cent) of private sector workers in the U.S. have access to an employer-sponsored retirement savings plan, just half (52…
In anticipation of 25 per cent to 35 per cent growth in Canada by the end of 2024, restaurant chain Chipotle Mexican Grill Inc. is making…
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…
Hundreds of Albertans turned out for a meeting in Edmonton last week to hear officials from the Canada Pension Plan Investment Board discuss the state…
An article on how employers are enhancing their benefits packages to boost talent attraction and retention was the most-read story on BenefitsCanada.com this past week.…
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…
Only a third (31 per cent) of U.K. pension plan members say they have sufficient retirement savings, down slightly from 32 per cent in 2022,…
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…
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…
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 Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…
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…