The Medicus Pension Plan, a defined benefit multi-employer pension plan designed exclusively for incorporated physicians in Canada, reported a funded status of 158 per cent…
Dollar cap match formulas could distribute employer contributions to 401(k)s more equitably than other common match formulas, according to a new report by Vanguard Inc.…
On April 10-12, the Canadian Investment Review hosted a group of delegates, including defined benefit plan sponsors, asset managers and academics, in Alberta for the 2024 Global…
During a panel discussion at the Canadian Investment Review’s 2024 Global Investment Conference in April, three pension plan sponsors shared their perspective on plan design…
An article on the federal government’s national pharmacare bill receiving approval in the House of Commons was the most-read story on BenefitsCanada.com this week. Here…
In its newest guidance, the Financial Services Regulatory Authority of Ontario is barring pension plan administrators from registering retroactive adverse amendments that could have a negative…
The union representing more than 460 employees at Nestlé in Toronto has ratified a three-year collective agreement that includes pension and benefits gains, ending a…
Online gig economy platform Taskrabbit Inc. is providing U.S. gig workers with retirement benefits through a new initiative. The program, in partnership with financial services firm…
An article on legal challenges filed against the federal government’s hybrid work mandate for public service employees was the most-read story on BenefitsCanada.com this week.…
Nearly two-thirds (63 per cent) of Americans say they worry more about running out of money than death, up from 57 per cent in 2022,…
The number of international pension plans and international savings plans that are offered in countries operating in challenging political or economic circumstances has risen to…
One of the many consequences of the coronavirus pandemic was an unprecedented interest in the life expectancy of Canadians. While the increased focus on life…
The estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process increased from 100.3 per cent of a plan’s accounting…
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…