Can a pension drown a company?
At first glance, it might be hard to see how an ancillary benefit like a pension can drive a company into bankruptcy; however, it can…
- By: Jonathan Jacob
- February 7, 2012 September 13, 2019
- 13:21
At first glance, it might be hard to see how an ancillary benefit like a pension can drive a company into bankruptcy; however, it can…
The U.S. Department of Labor has unveiled its final 401(k) fee disclosure rule, which requires plan providers to provide more details about what employers pay…
With the federal government introducing pooled registered pension plans, the future of pensions is top of mind for plan sponsors, providers and each of the…
Dec. 2, 2010 P.E.I. government introduces Bill 30, Pension Benefits Act, the province’s proposed provincial pension standards legislation. Jessica Bullock is in the pension and…
Mar. 17, 2011 Quebec Government tables 2011 Quebec Budget and announces proposal to implement voluntary retirement savings plans (VRSPs). Further details respecting VRSPs are set…
Nov. 14, 2008 Alberta/British Columbia Joint Expert Panel on Pension Standards releases its final report. Jessica Bullock is in the pension and employee benefits group…
Nov. 14, 2008 Alberta/British Columbia Joint Expert Panel on Pension Standards releases its final report. Jessica Bullock is in the pension and employee benefits group…
Jan. 27, 2009 Pension Review Panel releases its final report regarding private sector pension plans. March 5, 2010 Nova Scotia Government releases discussion paper on…
Oct. 28, 2010 New Brunswick government announces appointment of an expert panel to study pensions. Aug. 8, 2011 New Brunswick Task Force on Protecting Pensions…
March 30, 2010 Manitoba Pension Benefits Amendment Act receives Royal Assent. Amendments to the Manitoba Pension Benefits Act (MPBA) effective March 31, 2010:portability must be…
Nov. 21, 2008 Ontario Expert Commission on Pensions releases its final report. May 18, 2010 Bill 236, Pension Benefits Amendment Act, 2010, receives Royal Assent.…
American Airlines has announced it will seek bankruptcy court approval to terminate its DB pension plans and switch to a 401(k) plan. The airline will…
Pensions and saving for retirement seem to be everywhere in the news today. Yet many Canadians don’t place a high priority on employer-sponsored pension plans.
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…
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…
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…
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…
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…
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…