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Top Stories in Pensions

Latest GM Canada, Unifor deal includes DB pension changes, benefits enhancements

Canadian auto workers, GM reach tentative contract agreement, mirroring Ford deal

General Motors and the union representing Canadian auto workers reached a tentative contract agreement Tuesday, ending a strike that began just after midnight. About 4,300…

B.C. Municipal Pension Plan appointing Chelsea Kittleson as executive director

The British Columbia Municipal Pension Plan is appointing Chelsea Kittleson as executive director, effective Nov. 15, 2023. She joins the pension plan from the British…

  • By: Staff
  • October 10, 2023 October 6, 2023
  • 11:00

Trusteed pension funds’ assets valued at $2.2TN in Q1 2023: StatsCan

The value of Canadian trusteed pension funds’ assets rose by $40.9 billion — roughly two per cent — in the first quarter of 2023 to $2.2 trillion,…

  • By: Staff
  • October 10, 2023 October 10, 2023
  • 09:00
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67% of asset owners say ESG factors increasingly material to investment policy: survey

Two-thirds (67 per cent) of institutional asset owners believe environmental, social and governance factors have become more material to investment policies in the past five…

  • By: Staff
  • October 6, 2023 October 6, 2023
  • 15:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on how employers can support workers’ savings amid the rising cost of living was the most-read story on BenefitsCanada.com over the last week. Here…

  • October 6, 2023 October 5, 2023
  • 09:00
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CAPSA pension risk management guideline too divergent, says ACPM

The Canadian Association of Pension Supervisory Authorities’ draft guideline for pension plan risk management covers too many topics and audiences, limiting its practical applicability, according…

  • By: Staff
  • October 6, 2023 October 5, 2023
  • 09:00
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Majority of U.S. DB pension plan sponsors expect to divest liabilities over next 4 years: survey

Nine in 10 (89 per cent) U.S. defined benefit pension plan sponsors say they’re expecting to completely divest their plan liabilities in roughly four years,…

  • By: Staff
  • October 4, 2023 October 4, 2023
  • 15:00
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Employers play crucial role in supporting employees’ savings amid rising cost of living: expert

As Canadians struggle to save amid the rising cost of living, employers play a crucial role in facilitating savings options for their employees, says Doug Crowe, vice-president…

Median solvency ratio of Canadian DB pension plans up in Q3: reports

The median solvency ratio of defined benefit pension plans in Canada increased during the third quarter of 2023, according to separate reports from Mercer and Aon.…

  • By: Staff
  • October 3, 2023 October 3, 2023
  • 11:00

Just 17% of workers aged 50+ confident they can maintain a comfortable lifestyle in retirement: survey

Only 17 per cent of U.S. employees aged 50-plus and 23 per cent of retirees are very confident they’ll be able to maintain a comfortable…

  • By: Staff
  • October 3, 2023 October 2, 2023
  • 09:00

Top 5 HR, benefits, pension and investment stories of the week

An article on the new agreement between Ford of Canada and Unifor was the most-read story on BenefitsCanada.com over the last week. Here are the five most…

  • By: Staff
  • September 29, 2023 September 28, 2023
  • 09:00
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Canadian insurers paid out record $114BN in health, retirement benefits in 2022: CLHIA

Canada’s life and health insurers paid out a record $114 billion in health and retirement benefits last year, up $11 billion since before the coronavirus…

  • By: Staff
  • September 29, 2023 September 28, 2023
  • 09:00
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Competitive pension risk transfer costs climb from 100.2% to 100.5% in August: report

The estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process increased from 100.2 per cent of a plan’s accounting…

  • By: Staff
  • September 28, 2023 September 27, 2023
  • 10:30

CAP outcomes decreasing amid market volatility, geopolitical tensions: report

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…

  • By: Staff
  • May 5, 2026 May 4, 2026
  • 15:00

Ontario pension plan assets grow to $916 billion, membership reaches 4.8 million: FSRA

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…

B.C. amending pension legislation, including auto-escalation for DC plans

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…

  • By: Staff
  • May 4, 2026 May 1, 2026
  • 09:00

U.S. executive order aims to help more people get retirement savings plans

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.…

CAPSA’s strategic plan focusing on regulatory harmonization, pension awareness

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…

2026 Employee Savings Survey: A demographic deep dive into the state of workplace savings

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…

OPB communicating long-term strategic direction through interactive online page

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…

Editorial: To save for the short term or long term, that is the question

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 enhances financial wellness strategy with personalized platform

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 new estate planning benefit key to financial wellness win

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 benefits program awarded for balancing innovation, sustainability

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…

How Ontario pay transparency legislation will impact employers

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…

  • By: Sadie Janes
  • December 4, 2023 December 1, 2023
  • 09:00