Notwithstanding a possible Liberal majority in next week’s federal election, and the idea that it would “negate” the need for an Ontario Retirement Pension Plan…
Note: This story was written before Premier Kathleen Wynne announced Tuesday that her government would drop the Ontario Retirement Pension Plan if the Liberals win…
It seems adults haven’t forgotten their childhood piggy bank. According to an Aviva survey, one in 10 U.K. adults use the porcine friend to save…
Don’t be afraid to change your DC plan... learn from companies that do it right
Canada’s federal government has threatened to take U.S. Steel Canada to court if it it doesn’t keep its promises to pensioners, The Hamilton Spectator reports.…
The funded status deficit of American pension plans increased by US$102 billion in the third quarter of 2015, a shift from the previous quarter that…
Eckler Ltd. has launched Club Vita Canada Inc. to build on the work already being done by the Canadian Institute of Actuaries to advance the…
Many cheered when the federal government lowered the minimum RRIF withdrawals in the 2015 budget, reports Advisor.ca.
The relatively new New Brunswick shared-risk plan (SRP) model has received a lot of attention and positive publicity over the past year, not only in…
The majority of American employees (79%) would prefer new or additional benefits or perks to a pay increase, according to the the Glassdoor Q3 2015…
J. C. Penney says it will reduce its US$5 billion pension benefit obligation by up to 35% without requiring any cash contributions from the company.
The underfunding the QPP saw during its early years offers lessons for the upcoming Ontario Retirement Pension Plan (ORPP)—as well as for a potentially expanded…
Despite a maturing of DC plans in Canada, the Towers Watson 2015 Global Pension Assets Study shows they still only account for about 4% of…
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…