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Top Stories in Pensions

Pension plan membership up, coverage rate down

Pension plan membership up, coverage rate down

Statistics Canada says membership in registered pension plans in Canada rose in 2011, but the pension coverage rate declined.

  • By: Staff
  • December 19, 2013 September 13, 2019
  • 16:14
IKEA expands benefits package

IKEA expands benefits package

IKEA is expanding its employee benefits package. Beginning in 2014, every employee worldwide will receive an equal contribution to his or her pension plan, based…

  • By: Staff
  • December 19, 2013 September 13, 2019
  • 15:11
CPP expansion fight to continue

CPP expansion fight to continue

While an attempt to enhance the Canada Pension Plan was stopped earlier this week, supporters of an expansion aren’t giving up.

2013 DB Summit: Navigating the minefield

2013 DB Summit: Navigating the minefield

As DB pension plans approach higher funding levels—with funded ratios jumped from 82% to 94% in the first half of this year, per the Mercer…

Quebec to tackle pension reform

Quebec to tackle pension reform

The Government of Quebec wants to make the province's pension plans more viable.

  • By: Staff
  • December 18, 2013 September 13, 2019
  • 11:39
Pension sustainability to remain a top issue

Pension sustainability to remain a top issue

The sufficiency and sustainability of Canadian retirement plans will continue to be a hot topic for pension pundits in 2014, according to Towers Watson.

  • By: Staff
  • December 18, 2013 September 13, 2019
  • 11:13
Ontario to move forward with provincial pension plan

Ontario to move forward with provincial pension plan

Ontario will go ahead with its plan to create a pension for its residents now that the latest attempt to enhance the Canada Pension Plan…

  • By: Staff
  • December 17, 2013 September 13, 2019
  • 10:24

No CPP expansion

Canada’s finance ministers met in Meech Lake, Que., on Sunday and Monday but were unable to come to an agreement regarding an enhancement to the…

Decision day on CPP expansion

Decision day on CPP expansion

Canada's provincial and territorial finance ministers are meeting Monday to discuss whether or not to expand the Canada Pension Plan (CPP).

  • By: Staff
  • December 16, 2013 September 13, 2019
  • 11:33
Ontario proposes amendments to PBA

Ontario proposes amendments to PBA

The Government of Ontario introduced legislation on Wednesday to make amendments to the Pension Benefits Act in response to the Carrigan v. Carrigan Estate case.

  • By: Staff
  • December 16, 2013 September 13, 2019
  • 11:29

Market value of pension funds flat

Statistics Canada says the market value of Canadian employer-sponsored pension funds totalled $1.2 trillion at the end of the second quarter, virtually unchanged from the…

  • By: Staff
  • December 12, 2013 September 13, 2019
  • 09:55
Low returns expected to hurt pensions, retirees

Low returns expected to hurt pensions, retirees

Low investment returns loom in the decades ahead. That means bad news for pension plan managers and those saving for retirement, according to a C.D.…

  • By: Staff
  • December 11, 2013 September 13, 2019
  • 16:50
CPP expansion not the best way to save for retirement: Poll

CPP expansion not the best way to save for retirement: Poll

As federal and provincial finance ministers prepare to discuss proposals for increasing mandatory Canada/Quebec Pension Plan premiums this weekend, a poll finds that a vast…

  • By: Staff
  • December 11, 2013 September 13, 2019
  • 16:30

Quebec seeks to increase VRSP uptake through minimum contribution rates, new investment options

In its 2026 budget, the Quebec government said it intends to enhance the appeal of voluntary retirement savings plans amid low uptake of the savings…

  • By: Staff
  • April 6, 2026 April 6, 2026
  • 15:00

AI gaining foothold with younger savings plan members, email remains preferred communications tool: survey

More than half (56 per cent) of plan members say email is the most effective way to communicate with them about their savings plans, according…

Coverage of the 2026 Employee Savings Summit

In its sophomore year under the Employee Savings Survey banner, Benefits Canada’s annual check in with plan members about their financial priorities and the condition of…

Survey finds Canadians estimate they need an average of $976,835 to retire

Canadian plan members reported a significant drop in the amount they believe they need to retire — from roughly $1.4 million in 2023, 2024 and…

Ontario proposing increase to PBGF’s monthly guarantee limit, cost reductions for pension plan administrators

In its 2026 budget on Thursday, the Ontario government proposed doubling the pension benefits guarantee fund’s monthly guarantee limit from $1,500 to $3,000 for all…

Sounding Board: How SERPs can support financial wellness, retirement readiness

The bankruptcy of the Hudson Bay Co. and subsequent loss of promised supplemental employee/executive retirement plan benefits to executives has caused many to rethink the…

What can DC pension committees learn from DB plan governance?

Bell Canada’s defined benefit and defined contribution pension plans are both overseen by the same pension committee. The meeting cadences differ, but the committee leans…

Communication key to reinforcing value of workplace retirement plans: report

Employers can reinforce the value of their workplace retirement plans by communicating to plan members about the importance of having money later versus money now,…

  • By: Staff
  • March 5, 2026 March 4, 2026
  • 09:00

Pension Awareness Day 2026: FSRA highlighting plan member education, retirement readiness

The Financial Services Regulatory Authority of Ontario is marking its fourth annual Pension Awareness Day today by encouraging employees to understand their employer-sponsored retirement plan…

  • By: Blake Wolfe
  • February 19, 2026 February 18, 2026
  • 09:00

Amazon Canada’s new estate planning benefit key to financial wellness win

Amazon Canada’s commitment to unique financial wellness offerings led to a win at Benefits Canada‘s 2024 Workplace Benefits Awards on Oct. 18. The technology company was…

Admiral Insurance’s benefits program awarded for balancing innovation, sustainability

Admiral Insurance’s award-winning benefits program is demonstrating how employers can use versatility to strike a fine balance between finding innovative solutions and maintaining plan sustainability. The…

How Ontario pay transparency legislation will impact employers

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…

  • By: Sadie Janes
  • December 4, 2023 December 1, 2023
  • 09:00