Sun Life Financial Inc. today announced that Delaware Life Holdings—a company owned by shareholders of Guggenheim Partners—will purchase Sun Life’s domestic U.S. annuity business and…
Bill Morneau called it the “perfect cure” for insomniacs. Fred Vettese noted that people who bought the book on Amazon.ca also bought Dark Night Rises.
Disappointingly few Canadians are participating in their workplace retirement savings plans. Those who do aren’t paying much attention. So capital accumulation plan (CAP) sponsors are…
The New Brunswick government has introduced Bill 20, An Act to Amend the Pension Benefits Act. Among other things, Bill 20 will afford protections for…
The 2012 DB Summit, held today in Toronto, will explore recommendations and practical strategies to make DB sustainable for future generations of Canadian workers.
Bell Canada is taking steps to improve the funded status of its DB plan by making a $750-million payment into it.
For group retirement plan sponsors, the formula for getting employees interested in their plans is elusive. Education, promotions, contests—sponsors have tried just about everything to…
More than four years have passed since expert commissions in Ontario, Alberta, B.C. and Nova Scotia all endorsed target benefit plans (TBPs). TBPs are generally…
For employers that sponsor group retirement plans, the puzzle of how to get employees to make the most of their plans continues to be pieced…
It’s a constant question for employers: how do you attract the best and brightest people to your organization and then keep them?
When interviewed, Michael Worb jumps right into the driver’s seat by posing his own questions. An inclination to be both sociable and take charge is…
The recent announcement that global HR consulting firm Mercer had decided to transfer much of its Canadian pension and group benefits outsourcing business to Morneau…
In the benefits world, plan administrators and healthcare practitioners work to save lives and costs by ensuring that preventative measures are addressed before serious illnesses…
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…