Scotiabank to pay for costly RRSP mistake
Due to mistakes made by Scotiabank on a routine RRSP transaction, a man in Nova Scotia was recently saddled with a tax bill of $35,000—which…
- By: Staff
- October 22, 2013 September 13, 2019
- 10:09
Top Stories in Pensions
Public sector pension reform includes retirees
Reform of Canada’s public sector pension plans is no longer limited to active employees—increasingly governments are willing to address expensive components of retiree pensions as…
- By: Jana Steele
- October 22, 2013 September 13, 2019
- 07:00
Other
Q&A: Charles Guay
A pension crisis looms in Canada. Today’s young couples are facing privation in their 70s—and, likely, 80s and 90s, as our lifespans expand dramatically. Compulsory…
- By: Joanna Pachner
- October 21, 2013 September 13, 2019
- 11:27
Waiting to taper: Coping with low interest rates
It looked as if the long wait for higher interest rates was finally over back in May. That’s when U.S. Federal Reserve Chief, Ben Bernanke,…
- By: Patrick De Roy
- October 19, 2013 September 13, 2019
- 13:18
B.C. public sector workers save more
British Columbia's public sector pension plans result in a higher rate of retirement savings for their members compared to other B.C. residents, according to a…
- By: Staff
- October 17, 2013 September 13, 2019
- 09:43
Governance/legislation
P.E.I. plans overhaul of public sector pensions
Prince Edward Island plans to make changes to its public sector pensions, including eliminating guaranteed cost-of-living adjustment increases.
- By: Staff
- October 17, 2013 September 13, 2019
- 09:04
Few small businesses offer health and retirement benefits
Although many of Canada’s small businesses feel responsible for their employees, few of them provide health and retirement benefits, according to the 2013 Manulife Financial…
- By: Staff
- October 16, 2013 September 13, 2019
- 11:49
Ontario considers public pension plan: Reports
The Government of Ontario is considering a supplementary pension plan for the province's residents, according to newspaper reports.
- By: Staff
- October 16, 2013 September 13, 2019
- 11:31
Quebec pension proposals are disappointing: Mercer
Recently, the Quebec Committee on Public Finance held consultations and offered proposals on the D’Amours report, a government-mandated study that examines Quebec’s retirement system and…
- By: Staff
- October 11, 2013 September 13, 2019
- 14:18
Plan sponsors helping improve retirement readiness
There has been an increase in the number of American plan sponsors whose primary focus is on improving the retirement readiness of their participants, according…
- By: Staff
- October 11, 2013 September 13, 2019
- 09:44
Health/wellness
2013 Vancouver Benefits & Pension Summit
The 2013 Vancouver Benefits & Pension Summit provided delegates with the information they need to reduce costs, create solutions, improve the workforce and manage risks.…
- October 10, 2013 September 13, 2019
- 09:23
Social media 101 for DC plans
Whether powerfully good or virally bad, social media is here and it is time for plan sponsors to figure out how to use it to…
- By: Sonya Felix
- October 8, 2013 September 13, 2019
- 10:27
DC plan fees decline
Fees related to retirement investment accounts hit another record low in the United States this year, according to a survey.
- By: Staff
- October 8, 2013 September 13, 2019
- 10:09
Top 5 HR, benefits, pension and investment stories of the week
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…
- By: Staff
- April 19, 2024 April 18, 2024
- 09:00
Feds seeking to boost domestic investments by Canadian institutional investors: budget
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…
- By: Staff
- April 17, 2024 April 16, 2024
- 09:00
Back to basics on investment glide paths
Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee…
- By: Bryan McGovern
- April 12, 2024 April 11, 2024
- 08:53
Ontario court sides with IBM in pension benefits rectification case
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…
- By: Julius Melnitzer
- April 24, 2024 April 23, 2024
- 09:00
FSRA focusing on target-benefit framework for MEPPs, sustainability of PBGF in 2024-25 annual plan
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…
- By: Staff
- April 17, 2024 April 16, 2024
- 09:00
Where do Canadian institutional investors stand on calls for increased domestic investments?
A renewed call for increased domestic investments by Canadian pension plans isn’t surprising amid an ongoing discussion around the role of investment organizations in supporting the…
- By: Bryan McGovern
- April 4, 2024 April 4, 2024
- 09:00
Clear, flexible regulations needed for target-benefit plans: report
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…
- By: Staff
- March 19, 2024 March 18, 2024
- 09:00
OPB working with employers to receive salary information of employees impacted by Bill 124
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…
- By: Staff
- March 12, 2024 March 13, 2024
- 15:00
UPP keeping plan members engaged, informed with new web portal
The University Pension Plan is launching a new web portal to prioritize plan member engagement throughout the year. “Transparency is an important value to our…
- By: Lauren Bailey
- February 26, 2024 February 23, 2024
- 09:00
How Ontario pay transparency legislation will impact employers
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…
- By: Sadie Janes
- December 4, 2023 December 1, 2023
- 09:00
Desjardins using budget workshops, interactive game to support employee financial wellness
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…
- By: Sadie Janes
- November 24, 2023 November 23, 2023
- 09:00
2023 Healthy Outcomes Conference: A closer look at the mental, physical, financial risk factors facing plan members
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…
- By: Kelsey Rolfe
- November 20, 2023 November 15, 2023
- 07:58