The Government of Ontario did something right when it decided to exempt certain DC plans from the Ontario Retirement Pension Plan (ORPP). Benefits Canada surveyed…
Let’s face it: no one really wants to spend precious time reading about their pension and benefit plans. Pensions and benefits are boring, and sometimes…
The British Columbia government is announcing new standards for workplace pension plans, creating options that could be activated even before an employee retires.
New York City mayor Bill de Blasio is proposing that the city's pension funds divest from coal.
The health of Canadian pension plans declined sharply in the third quarter due to market volatility and declining bond yields, reports from Aon and Mercer…
Plan participants in the United States believe their retirement plans should offer responsible investment options and having these options would favourably affect their attitudes toward…
The annual contribution room for tax-free savings accounts (TFSAs) recently went up to $10,000, which means Canadians can now use them to build real wealth,…
Aegon, through an affiliate of its Transamerica unit, has reached an agreement to acquire Mercer's American DC administration book of business for an undisclosed amount.
Many commentators assert that people are saving less for retirement as a result of the shift from DB to DC plans.
Employment and Social Development Canada has announced the quarterly benefit amounts for Old Age Security (OAS) for October to December 2015.
The Ontario Chamber of Commerce (OCC) and a coalition of major Ontario employers are calling on the provincial government to outline to the employer community…
The United Steelworkers is seeking a court order to stop U.S. Steel's reallocation of Canadian production to the United States and is condemning a threat…
U.S. Steel Canada says it will be filing a motion with the Ontario Superior Court of Justice seeking an order to continue its operations and…
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…