3M will freeze its U.S. defined benefit pension plans for non-union U.S. employees, effective Dec. 31, 2028, and move plan members to a 401(k) plan structure. Eligible…
While there’s more work to be done before lifetime pension pools are widely implemented in North America, employers are increasingly aware of concepts such as…
While pension plan sponsors are still in the early days of exploring how artificial intelligence solutions could help automate maintenance tasks, they’re exploring the various…
U.S. pension risk transfer sales increased by 39 per cent during the third quarter of 2023, according to a report by LIMRA. It found single…
The government of Nova Scotia is introducing a new benefits and pension package for roughly 3,000 early childhood educators and support staff. All employees will…
The median solvency ratio of Canadian defined benefit pension plans declined in the fourth quarter of 2023, according to reports by Mercer and Aon. Mercer’s…
The House of Commons Special Committee studying Canada-China relations is calling on the federal government to bar Canadian pension funds from investing in Chinese companies…
With the arrival of the new year, there are three topics that will be important for pension plan sponsors, members and other industry stakeholders in…
Middle-income earners will start seeing a larger portion of their paycheques going toward their Canada Pension Plan contributions as of Jan. 1. A broader pension revamp began in 2019,…
The assets of Canada’s top 10 capital accumulation plan providers increased by 12.9 per cent over the previous year, from roughly $250,366 million at June…
A story about why employers might want to reconsider urging employees to use up their benefits was the most-read story on BenefitsCanada.com this week. Here…
A story on how the federal government is considering ending Canada’s ’30 per cent rule’ was the most-read investment story on BenefitsCanada.com this year. Here are…
A recent development in the U.K. pension market to give British workers a ‘pot for life’ could reduce the quality of retirement plans that are…
Retirement income outcomes for capital accumulation plan members dipped in the first quarter of 2026, amid market volatility and ongoing geopolitical tensions, according to a…
Pension plan membership in Ontario increased year-over-year to 4.8 million in 2025 and David Bartucci, head of pension plan operations and regulatory effectiveness at the…
British Columbia’s provincial government is updating its pension standards to support retirement income security and flexibility, including the introduction of automatic escalation for defined contribution…
U.S. President Donald Trump signed an executive order on Thursday calling for a new government website where people in the U.S. can find and compare private-sector retirement savings accounts.…
The Canadian Association of Pension Supervisory Authorities’ 2026–2029 strategic plan is focusing on regulatory harmonization, pension supervision and stakeholder engagement. The strategic plan comes as…
In its sophomore year under its new branding, the Employee Savings Survey (previously known as the CAP Member Survey) reflects the changing landscape of workplace…
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…
In times of increased economic uncertainty, the number of tough financial choices facing the average person seems to rise exponentially. Clashing priorities battle it out:…
PepsiCo Canada may be known for quenching thirst and satisfying snack cravings, but the organization’s leadership recently identified another kind of demand: clearer, more personalized…
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…