There’s no debating that employees are stressed when it comes to their personal finances. One-in-four are financially distressed and spend more than an hour every…
The City of Saint John, New Brunswick was beset last year by debate over its gaping $195 million pension deficit, so bad that a consultant…
The Supreme Court of Canada has overturned the Ontario Court of Appeal decision in the Sun Indalex Finance, LLC v. United Steelworkers case, which said…
The removal of the foreign property rule (FPR) in 2005 enabled tax-deferred retirement plans to diversify outside of the country. But many large pension plans…
The benchmark Canadian DB pension plan tracked by Towers Watson’s Pension Index increased by 1.6% in the fourth quarter of 2012, due to positive investment…
According to Sun Life’s 2012 Canadian Unretirement Index, 75% of early baby boomers in Canada (age 57-plus) are now looking for guaranteed income to help…
The federal government introduced pooled registered pension plans (PRPPs) because legislators were worried about the low levels of pension plan coverage in the private sector.…
Despite some heightened volatility in the fourth quarter of 2012, Canadian pension plans were buoyed by global equity and real estate returns, according to data…
As the year begins, it is instructive for pension fund managers and asset allocators to consider various macro risk scenarios that are not base-case predictions…
A whole new regulatory environment is taking shape for banks and near-bank financial institutions. The new liquidity and risk management rules, which came into force…
What political/legal developments will be most influential to Canada’s pension and benefits landscape in 2013? We asked three forward-thinking institutional investment experts. They pointed to…
While the efforts of most provinces to stem the decline DB plans haven’t gone beyond softening some funding requirements, New Brunswick has quietly taken the…
The Healthcare of Ontario Pension Plan (HOOPP) is like the ant in Aesop’s fable “The Ant and the Grasshopper.” While others were enjoying market returns,…
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…
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…
In its 2024 budget on Tuesday, the Ontario government reiterated its support for a provincial infrastructure bank to leverage public sector pension investments. The bank,…
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…