Squeezed by onerous funding requirements and overarching fiduciary duties, defined benefit plan sponsors are increasingly willing to embrace alternative structures — such as multi-employer pension…
Employers promote competition, interactive booths and benefits information to engage employees in their wellness offerings. “Someone lasted seven minutes,” says Stephanie Enright, the Mississauga, Ont.…
How does a plan sponsor solve a problem like a massive drug claim? One solution embraced by the Canadian market is drug pooling, which goes…
Among countries in the Organisation for Economic Cooperation and Development, South Korea has one of the lowest birth rates and one of the highest gender…
CSA Group’s vice-president of total rewards talks mental health, well-being programs and travelling with her family. Q. What top challenges do you face in your…
Since the value premium was originally outlined by Eugene Fama and Kenneth French in the early 1990s, has it declined or disappeared in the U.S.…
The average 401(k) balance rose 17 per cent last year to $112,300 from the end of 2018, according to a review of 17.3 million accounts…
Canadian defined benefit pension plans posted a return of 14 per cent in 2019, according to the RBC Investor and Treasury Services’ universe. These double-digit…
The first major reform to the U.S. retirement system in a decade, the Setting Every Community Up for Retirement Enhancement Act, contains provisions that could…
In the U.S., target-date funds in workplace retirement plans have grown from $5 billion in 2000 to $734 billion in 2018, with many benefits for…
Canadian workers don’t think they’ll have enough savings for their retirement, according to two new surveys. While 68 per cent of respondents said they’re currently saving…
Employees at the Canada Revenue Agency, represented by the Union of Taxation Employees, are set to hold strike votes throughout February as negotiations continue on wages and issues…
The Canada Pension Plan enhancements are a strong start but the country needs to do more to help people prepare for retirement, according to a…
A Scotiabank retirement survey says more than half of respondents are concerned that financial pressure will force them to re-enter the workplace after they retire.…
With a rise in big data and artificial intelligence, institutional investors are starting to look for staff with different skills. Much of the success in…
Flexibility on the job can go a long way to helping employees manage their mental well-being, according to a survey by FlexJobs. The survey, which polled…
Hub International Ltd. is acquiring employee benefits consulting firm Azur Consulting Services Inc. Based in Longueuil, Que., Azur provides group and health benefits solutions for its…
Ontario’s Workplace Safety and Insurance Board is converting its defined benefit pension plan to a jointly sponsored model, making it the first single-employer plan in…
In employee benefits plans, maximums and caps on prescription drug dispensing fees are common cost management features. These features are designed to nudge plan members to…
TD Asset Management Inc. is launching a new fund to meet the needs of institutional investors looking for exposure to global real estate markets. The…
The infrastructure arm of the Ontario Municipal Employees Retirement System and the EQT Infrastructure IV fund are jointly purchasing German fibre technology company Deutsche Glasfaser Holding. Deutsche…
For the first time, defined contribution plan assets are exceeding defined benefit holdings across the world’s six largest pension markets, according to new report by Willis…
The City of Toronto has completed the transfer of its Metropolitan Toronto Pension Plan to the Ontario Municipal Employees Retirement System. The Metro plan was…
While Canadians said they plan to retire, on average, at age 62, 59 per cent said they can’t estimate how much money they’ll need to…
As part of a group of investors, the OPSEU Pension Trust is entering into a long-term leasing transaction with Google. The agreement will see the technology…