Last year, S&P 500 companies posted record shortfalls in their pensions and other post-employment benefits, threatening to leave America’s future retirees empty-handed.
As longevity increases and workplace pension plans decline, an alarming number of Canadians believe they are better equipped for a long retirement than they actually…
Sometimes the easiest questions to ask are the most difficult ones to answer. Here’s the easy question to ask: where do we begin the next…
Pension assets remained unchanged during the second quarter of 2013, as a spike in interest rates in June negated advances in April and May.
Up to the late-19th century, everyone provided for his or her own retirement either by saving or by using “The Waltons method” of having large…
At last week’s Council of the Federation meeting, Canada’s premiers discussed the retirement income system and the importance of continued efforts to ensure future seniors…
In an effort to plug a solvency gap without cutting benefits, the Anglican Church of Canada is urging its pension plan members to approve a…
Key inflection points in history are seldom appreciated for what they are until considerable time has passed. An extreme example is Zhou Enlai’s response when…
The Canadian Labour Congress says it’s time for the provincial and territorial premiers to ask the federal government to expand the Canada Pension Plan.
Diversified pooled fund managers posted a median return of 0.1% before management fees in the second quarter of this year, according to Morneau Shepell’s Performance…
The rising price tag of healthcare and the risks and costs associated with funding pension plans continue to be a concern for finance executives in…
The Canadian Federation of Independent Business has sent a letter to all provincial and territorial premiers, telling them that their members can’t afford Canada/Quebec Pension…
Forget all the gloomy talk about Canada’s aging population putting a strain on public finances. Future seniors here are actually getting younger, a trend that…
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…
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…
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…
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…
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…
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…
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…