Factors such as population demographics, productivity and geopolitics impact economic growth and, by extension, the retirement outcomes of defined contribution pension plan members over longer-term…
PepsiCo Canada’s enhanced defined contribution pension plan is supporting the retirement goals of a very diverse employee population. The company, which employs roughly 11,000 people…
Even though it sounds obvious, maximizing retirement income and making it last for life isn’t what drives most retirees when it comes to making decisions…
Mitigating longevity risk is key to solving the decumulation challenge, said Pat Leo, Purpose Investments Inc.’s vice-president of longevity retirement solutions, during a session at Benefits Canada‘s 2023…
With eight billion people consuming the planet’s resources, assets such as clean energy and sustainable agriculture are becoming increasingly important to institutional investors, said John…
With multiple generations in Canada’s diverse labour force, each generation has distinct needs and expectations, with millennials, in particular, creating increasing challenges for plan sponsors.…
Any new benefit introduced at Amazon has to align to its 16 leadership principles, which the organization lives and breathes every day. These include: learn…
A typical Canadian defined benefit pension plan’s funded position improved on a solvency basis and decreased on an accounting basis in April as a result…
A majority of U.S. defined contribution pension plan sponsors say they have some (70 per cent) or significant (10 per cent) concerns over data sharing…
The union representing 350 WestJet employees at Toronto’s Pearson International Airport has ratified a 2.5-year collective agreement that includes pension and benefits gains. The agreement…
In December 2022, the Supreme Court of Justice of Colombia released an unexpected decision: two men, who had been in a polyamorous relationship with a…
Imperial Oil Ltd. shareholders have voted against environmental, social and governance-related proposals backed by the Bâtirente and the British Columbia Investment Management Corp. during the…
Two-fifths (41 per cent) of U.S. employers say they embed information on retirement benefits in their onboarding process, according to a new survey by XpertHR.…
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…