Nearly one in four divorced, separated or widowed U.S. women have less than one month’s worth of retirement savings, compared to fewer than one in 10 men, according to a new survey by PensionBee. The survey, which polled more than 1,000 employees, found following a marital transition, women (43 per cent) are twice as likely […]
Manitoba’s Pension Benefits Act could be improved by allowing for more flexibility in transfers of locked-in funds, said the Association of Canadian Pension Management. In its response to the province’s request for feedback on proposed changes to the PBA, the ACPM said the current legislation — which allows for a one-time transfer of up to […]
Employees at Toronto’s Hospital for Sick Children are joining the Healthcare of Ontario Pension Plan’s defined benefit plan, effective Dec. 29, 2025. Almost all active members currently enrolled in the hospital’s DB plan will transition to the HOOPP for future service, enabling these members to continue to grow their existing SickKids pension, according to a […]
U.S. public pension plan sponsors have significantly diversified their portfolios since 2001, allocating, on average, 20 per cent of assets from public equities and fixed income to private equity, real estate, hedge funds and other alternative investments, according to a new report by Aon and the National Institute on Retirement Security. It found this shift […]
Canadian employees who are on long-term disability leave are two-times more likely to claim for a chronic disease medication related to a secondary condition and three-times more likely to claim for medication treating two or more symptoms than those who aren’t on LTD, according to a new report by Sun Life Financial Inc. The report […]
A column by Hub International’s Ken MacDonald on his recent health-care journey was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Expert panel: From burnout to brain tumour and back 2. Amazon supporting new Canadians with legal benefits […]
An article on how pension plan sponsors can manage risk amid economic and geopolitical instability was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Expert panel: Risk management tips during economic, geopolitical uncertainty 2. Institutional investors reconsidering ESG […]
The majority (82 per cent) of Canadian employers say cost is their primary consideration when defining and reviewing benefits, compared to 66 per cent of global organizations, according to a new survey by MBWL International and Normandin Beaudry. The survey, which polled more than 350 employers across 100 countries, found more than half (54 per […]
The Office of the Chief Actuary is launching a peer review process for its next actuarial report on the Canada Pension Plan, which is expected to be released in December 2025. As part of the process, the OCA is seeking members for the external peer review panel, with an application form due by July 18, […]
The Medicus Pension Plan is reporting a 152 per cent funded status on a going-concern basis and a 120 per cent funded status on a solvency basis as of Jan. 1, 2025. In its annual report, the multi-employer defined benefit pension plan designed exclusively for incorporated physicians in Canada, also reported an investment return of […]