The Canadian Wheat Board has purchased a $150-million annuity policy from Sun Life Financial that transfers investment and longevity risk from its DB plan to…
Chrysler will freeze its salaried employee DB plans effective Dec. 31, 2014.
A poll conducted by J.P. Morgan Asset Management of more than 1,000 American workers participating in a DC plan has found that the vast majority…
The market value of Canadian employer-sponsored pension funds totalled $1.2 trillion at the end of the fourth quarter, according to Statistics Canada.
The financial assets of New Brunswick’s public service, teachers’ and judges’ pension plans reached an all-time high of $10.1 billion at the end of March,…
The results of 60 Second Survey conducted recently by Morneau Shepell showed that a significant majority of plan sponsors polled agreed that Canada is suffering…
The increase in the number of cash balance plans in the United States has jumped nearly 500% over the last decade, according to a report.
Air Canada may get rid of its pension plan deficit, which was $3.7 billion at the end of January, in seven years.
Broadening the investment options available to American DC plans to include real assets, emerging market equities and debt, and liquid alternatives could improve returns while…
Sustainability is a clichéd, overused word in the DB pension plan arena these days. Sustainability focuses on delivering an appropriate retirement benefit at an acceptable…
Following the downgrade of Illinois’s debt by a second credit rating agency, governor Patrick Quinn called for a special legislative session to address the state’s…
The solvency position of Canadian pension plans continued to rise in May.
AFBS hits the mark with its social media policy
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…