Two rather contentious reports on public sector pensions were published recently—one by the Canadian Taxpayers Federation (CTF) and one by the Canadian Federation of Independent…
Most Canadian DB pension plans have significant solvency deficits. Unless we experience a turnaround in financial market conditions over the next few years (i.e., equities…
Although more Canadian employees have been able to increase their general savings this year, the rate at which they are saving for retirement is still…
Canadians are often told they need to save more for retirement and to start saving sooner. Life expectancy is increasing and investment returns are low,…
The Canadian Taxpayers Federation (CTF) released new data today showing the gap between the pension benefits of government employees and those in the private sector…
Probably the most significant change in the DC landscape over the past five years is the realization that, instead of solely focusing on educating DC…
Morneau Shepell's 30th annual Compensation - Trends and Projections survey results found that pension plan sponsors intend to get more serious about pension and benefits…
Members of the Prince Edward Island Legislature’s Public Accounts Committee were briefed yesterday on options for tackling the funding shortfall in the province’s public sector…
In the post-financial crisis world, perhaps plan sponsors can forgive DC plan members for wanting to hide their savings under the mattress. Slow GDP growth,…
One of the first lessons Panther Kuol learned while growing up in Sudan was the value of planning carefully for the future.
The Healthcare of Ontario Pension Plan (HOOPP) is a $40-billion pension plan, with real estate making up 12.5% of that asset base.
While nearly half of Canadians have a tax-free savings account (TFSA), many are not taking advantage of the unique benefits the account offers for saving,…
Employers in the troubled eurozone need to take preventative action to help protect the investments of their pension plan members, according to a new release…
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…
While the percentage of plan members who describe their personal financial situation as significantly or somewhat better than last year decreased from 42 per cent…
Methodology improvements are pushing the life expectancy of Canadian retirees and surviving spouses by roughly one year to age 65 as of Jan. 1, 2024,…
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…
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…
Derek Dobson, chief executive officer and plan manager at the Colleges of Applied Arts and Technology’s pension plan, is departing the organization following a formal…
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…
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,…
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…
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…