An independent review of the Ontario Municipal Employees’ Retirement System will examine the unique governance structure of the investment organization. The current structure of the…
Amendments to the federal Pension Benefits Standards Act must go beyond reporting transparency and clarify how additional disclosure requirements help monitor the health of Canadian…
The National Institute on Ageing is addressing the issue of missing pension plan members, in a new report highlighting the challenges faced by plan administrators…
An article on the impact of Canadian pension income on federal and provincial tax revenues was the most-read story on BenefitsCanada.com this past week. Here…
The Ontario Municipal Employees’ Retirement System is reporting inflation adjustment of 2.61 per cent, providing plan members with full inflation protection in 2025. The adjustment…
While global pension plan sponsors’ assets grew by 10 per cent to reach US$63.1 trillion in 2023, this value is still five per cent lower…
The workplace programs, tools and supports that employees value have changed over the last four years, leading many employers to pause certain office perks, such…
Workplace pension income will add $24.5 billion to federal coffers and $16.8 billion to the provinces in 2025, according to a new report by the…
UAP Inc. is supporting employees’ financial wellness and retirement readiness with a new retirement toolkit. The toolkit, which launched this week, explains the company’s retirement…
While nine in 10 (85 per cent) employers that reported decreased employee productivity over the past year cited burnout as a major problem, investing in…
The average funded position of defined benefit pension plans in Ontario was 121 per cent in the third quarter of 2024, down just two per…
An amendment to the federal Pension Benefit Standards Regulations that would establish solvency reserve accounts for federally regulated defined benefit pension plans requires additional clarity…
The British Columbia Financial Services Authority is appointing Tolga Yalkin as chief executive officer and chief statutory officer, effective Jan. 13, 2025. Yalkin succeeds Blair Morrison and…
For the fourth year in a row, Munich Re Group is hosting a wellness fair to promote and highlight the financial well-being offerings available to…
Allowing increased retirement savings pooling and portability can help improve efficiency, as well as pension plan member retention and continuity, according to a policy recommendation…
The combination of several innovations in defined contribution pension plan design can dramatically improve retirement readiness across income levels, according to a new report by…
An article on a recent Ontario Superior Court decision related to surplus pension assets was the most-read article on BenefitsCanada.com this past week. Here are…
A recent Ontario Superior Court decision related to surplus pension assets was a rubber stamp of the monitor’s recommendations, rather than a decision with precedential…
The federal government’s recent announcement that it will make the employee ownership trust tax exemption permanent is a major incentive for employers to transition their…
Workplace benefits plans can play a crucial role in improving women’s health outcomes, but many haven’t yet evolved to recognize the unique health needs and…
An article on British Columbia’s updated pension standards, including the introduction of auto-escalation for defined contribution pension plans, was the most-read article on BenefitsCanada.com this past…
The Ontario Pension Board is communicating its long-term strategic plan to members through a new interactive online page. The platform, dubbed ‘On the Horizon’, is…
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 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…
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…