The DB pension plans received by most Canadian employees in the public sector are draining the finances of provincial governments and taxpayers, so these plans…
Amid low interest rates and a slow economic recovery, the income of capital accumulation plan members in Canada has declined significantly over the past few…
At a time when more employers are finding it difficult to fund DB plans and many workers lack the financial acumen to successfully direct their…
Canada is seeing a striking discrepancy in pension benefits between public and private employees, a trend that threatens to create two classes of retirees, a…
Canada’s workplace DC pension plans continue to struggle. Higher employer contributions can offset that trend, but they’re generally not taking place, leaving the onus on…
OMERS is studying the draft report by the Canadian Institute of Actuaries indicating that Canadians are living longer.
Statistics Canada finds that the market value of Canadian employer-sponsored pension funds totaled $1.2 trillion at the end of the first quarter, up 3.9% from…
To boost engagement, CAP sponsors need to focus on their clients: plan members
Aon Hewitt has launched a website dedicated to target benefit plans for plan sponsors as well as industry and government leaders.
Hybrid plans could become almost as popular as DC plans in the United States by the end of the decade, according to a report.
The accounting deficits of DB pension plans in the United Kingdom increased over the month of August.
Manulife Financial is the first Canadian company to be issued a license to administer federal pooled registered pension plans.
While volatility in financial markets continues to pose a challenge to DC plan sponsors and members, the initial panic that followed in the wake of…
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…