Why now, when money is tight, are more and more employers turning to outside help with communication? At a basic level, the reasons are simple…
A group of six Canadian corporations has banded together in the hopes of receiving pension assistance from the Canadian government. But the federal Conservatives aren’t…
The funded status of the typical U.S. corporate pension plan hit a record low in July, according to reports from BNY Mellon and Mercer.
The Saskatchewan Pension Plan is turning to celebrities to teach financial literacy.
While senior decision-makers agree that health benefits and retirement plans play a significant role in keeping employees happy and engaged, there is a disconnect when…
Standard Life has launched a new website offering information on pooled registered pension plans (PRPPs) and its Quebec counterpart, voluntary retirement savings plans (VRSPs).
Benefits Canada chatted with Amber (Mac) MacArthur—a consultant, television host and journalist specializing in technology and social media—about how employers can make the most of…
Ontario has extended the solvency funding exemption for specified Ontario multi-employer pension plans (SOMEPPs) to 2017. The exemptions were previously set to expire in September…
One-third of U.S. “transition boomers”—those aged 55 to 65 and who are less than 10 years away from retirement—remain unsure of how much money will…
Small business owners in Quebec may want to bookmark Great-West Life’s new web portal for voluntary retirement savings plans (VRSPs).
The Canadian Bankers Association (CBA) is calling on the provinces and territories to enact legislation that would provide access to pooled registered pension plans (PRPPs)…
In the simplest of terms, they all use discretionary investment managers to make financial decisions on their behalf. No one from the CPP has ever…
Perhaps not surprisingly, cost is the main driver for senior decision-makers when it comes to their pension and benefits plans.
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…