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Top Stories in Pensions

Canadian pension plans’ average funded ratio reaches 120% in first quarter: report

The average Canadian pension plan’s funded ratio reached 120 per cent as of March 31, 2023, up one per cent over the quarter, while the average…

  • By: Staff
  • April 24, 2023 April 21, 2023
  • 15:00

Ontario Pension Board preparing for departure of two top executives

The Ontario Pension Board is announcing its plans for managing the coming departures of two of its top executives — Mark Fuller, president and chief…

Survey finds half of U.S. workers want an employer-sponsored retirement plan that offers emergency savings features

More than half (54 per cent) of employees without a workplace retirement savings plan — including 77 per cent of millennials — say they’d participate in…

  • By: Staff
  • April 24, 2023 April 21, 2023
  • 09:00

71% of Canadian employees say mental health impacted their ability to work in the past year: survey

Nearly three-quarters (71 per cent) of Canadian employees feel their mental health has interfered with their ability to work in the past year, according to…

  • By: Staff
  • April 21, 2023 April 21, 2023
  • 15:00

Canadian employee ownership trust model missing incentives for companies: expert

As the Canadian government develops its legislation to permit employee ownership trusts, the fact that the proposed model doesn’t include incentives is a big blow…

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How will crypto disclosure rules impact federally regulated pension plans?

In its 2023 budget, the federal government announced plans to require that federally regulated pension plan sponsors disclose their cryptocurrency asset exposure to the Office of…

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Alcoa entering $315 million annuity transfer for Canadian DB pensions

Alcoa Corp. is de-risking roughly $315 million (US$235 million) in Canadian defined benefit pension obligations and assets with an annuity transfer. The group annuity contracts…

  • By: Staff
  • April 20, 2023 April 27, 2023
  • 09:00
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Changes to QPP allowing flexibility on pension contributions, retirement age: expert

Recent amendments to the Quebec Pension Plan to encourage people to work past age 65 offer more flexibility on contributions and retirement age, says Bonnie-Jeanne MacDonald,…

McCarthy Tétrault appointing Susan Nickerson as head of pensions, benefits, executive compensation

McCarthy Tétrault LLP is appointing Susan Nickerson as partner and head of its pensions, benefits and executive compensation group. Prior to joining McCarthy Tétrault, she…

  • By: Staff
  • April 19, 2023 April 18, 2023
  • 09:00

Canadian DB pension plan assets rise 1.8% in March: report

The funded position of a typical Canadian defined benefit pension plan improved on a solvency and accounting basis in March, according to a new report…

  • By: Staff
  • April 18, 2023 April 18, 2023
  • 12:30

Mandatory RRIF drawdowns negatively impacting retirement savings: report

The rules governing registered retirement income funds and similar retirement vehicles are stuck in the past and need revamping or removal, according to a new…

  • By: Staff
  • April 18, 2023 April 17, 2023
  • 09:00
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Saskatchewan Pension Plan removing annual contribution, transfer-in limits

The Saskatchewan Pension Plan is removing its annual contribution and transfer-in limits. Starting on April 13, 2023, as long as plan members have room in…

  • By: Staff
  • April 17, 2023 April 17, 2023
  • 15:00
Loyalist College janitors’ new contract includes pension, sick days

Custodial, maintenance workers at TMU striking over pension contribution increase

Custodial and maintenance workers at Toronto Metropolitan University represented by the Canadian Union of Public Employees are striking after university administration failed to address the…

  • By: Staff
  • April 17, 2023 April 14, 2023
  • 09:00

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

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…

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…

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