When the pension reform process started about seven years ago, the focus was on pillar three, meaning employer-sponsored pension plans. It was hoped that a…
Expanding the Canada Pension Plan (CPP) and establishing an Ontario pension plan are key for fixing the province’s retirement income crisis and boosting its economy,…
The financial health of corporate America's largest pension plans improved significantly in 2013 as funding improved to a level not seen since the start of…
The biggest challenge for DB pensions isn’t the cost, but the volatility.
While public debate has mainly focused on the "gold-plated" defined benefits of many public-service pension plans, a C.D. Howe report says the real problem lies…
The year 2013 resulted in fantastic news for DC plan members: great returns from most asset classes and increases in interest rates, translating into both…
Americans’ confidence in their ability to afford a comfortable retirement has recovered somewhat from the record lows of the past five years, but it does…
Pensions help not only provide retirees with the financial support they need but also provide a benefit to the overall economy.
The introduction of the National Employment Savings Trust in the United Kingdom has increased pension membership.
Ontario has exempted American government securities from the pension law 10% diversification limit, according to a Pension Alert from Borden Ladner Gervais.
The Office of the Superintendent of Financial Institutions has issued a guide to inform the pension industry of its current filing and reporting requirements for…
The Canadian retirement system is unproductive and inefficient, but how do we tame this administrative beast without toppling the entire system? Taming it requires simplicity,…
In the third quarter of 2013, the market value of Canada’s employer-sponsored pension funds grew 3.1% to $1.3 trillion, according to Statistics Canada.
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…
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…
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…
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…
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…