"Engage, engage, engage” is an apt mantra for the capital accumulation plan (CAP) industry. With disappointing levels of employee engagement in Canadian retirement savings plans,…
DC plan sponsors need to step up their support for plan members, suggests Towers Watson’s Retirement Attitudes Survey.
New data from Towers Watson shows that it’s going to take Canadian workers more time to build a comfortable retirement nest egg than in years…
No matter how you slice it, being asked if you’re normal can be disconcerting. But pension plan sponsors seem to have no qualms asking members…
On Nov. 15, 2012, regulations under Ontario’s Pension Benefits Act (PBA) were filed regarding the use of letters of credit (LC) to cover a portion…
Considering the importance of communication as a performance driver for employee engagement, plan sponsors with culturally diverse workplaces should give special consideration to the language…
If you ask a registered pension plan administrator that has been dealing with GST/HST pension rebates and other tax filings what the acronym CRA stands…
Sun Life Financial has completed the first conversion of an annuity buy-in to an annuity buyout in Canada, according to a news release from the…
The Ontario Teachers’ Pension Plan (Teachers’) is acquiring U.S.-based Plano Molding Company, Inc., a supplier of outdoor sports storage systems.
Like many people who work in pensions, Elaine Noel-Bentley certainly didn’t expect to end up in the industry. “Nine-year-olds don’t say, ‘I’m going to be…
Canadian pension plan sponsors are increasingly focused on finding new ways to mitigate the employer risk inherent in DB plans, while also being mindful that…
Infrastructure is a key investment strategy for Canadian pension plan sponsors. Access to assets that are typically hard to enter, stable cash flows and some…
Target date products (funds or automated portfolios) automatically reduce the exposure to equity and other risky assets of a DC member’s invested savings as he/she…
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…