Latest news in Benefits Canada News

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Frank Su departing CPPIB for private equity role at Abu Dhabi Pension Fund

The Canada Pension Plan Investment Board has confirmed the departure of Frank Su as managing director and head of Asian private equity, effective immediately. In…

  • By: Staff
  • December 17, 2024 December 16, 2024
  • 09:00

34% of gen Z Canadians relying on inheritance to meet retirement goals: survey

While a third (34 per cent) of Canadians aged 18 to 34 say an inheritance from their parents is crucial to meeting their retirement goals,…

  • By: Staff
  • December 16, 2024 December 13, 2024
  • 15:00
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Institutional investors increasingly eyeing private assets amid shifting interest rates, diversification push: report

Evolving expectations, a shifting interest rate environment and the need to manage increasingly large asset bases for performance and for national and societal impact are…

  • By: Staff
  • December 16, 2024 December 16, 2024
  • 14:45

Webinar: Modelling the cost of inaction in treating obesity in Canada

Treating obesity with all available evidence-based tools ultimately costs less than not treating it, according to panellists during a webinar hosted by Benefits Canada and…

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Feds’ decision to transfer $1.9BN public pension surplus to general revenue within its purview: expert

The federal government’s recent decision to transfer a $1.9 billion surplus from the Public Service Pension Plan to its general revenue is within its purview, says…

  • By: Sadie Janes
  • December 16, 2024 December 16, 2024
  • 09:00
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Survey finds 61% of U.S. employers have formal onsite work policy

Almost two-thirds (61 per cent) of U.S. employers have implemented a formal policy that requires employees in the office for a minimum number of days…

  • By: Staff
  • December 16, 2024 December 13, 2024
  • 09:00

Ottawa to remove 30% investment cap for Canadian pension funds

Finance Minister Chrystia Freeland says today’s fall economic statement will remove the cap that currently restricts Canadian pension funds from owning more than 30 per…

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

An article about the National Institute on Ageing’s report on missing pension plan members was the most-read story on BenefitsCanada.com this past week. Here are the…

  • By: Staff
  • December 13, 2024 December 12, 2024
  • 09:00
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HOOPP opening to Ontario physicians in 2025

The Healthcare of Ontario Pension Plan is welcoming eligible physicians in Ontario to join its defined benefit pension plan, effective January 2025. This new development…

  • By: Staff
  • December 13, 2024 December 12, 2024
  • 09:00

Editorial: Challenges and opportunities amid an increasingly imbalanced generational divide

The keynote session at Benefits Canada’s 2024 Defined Contribution Investment Forum warned that the failure to plan for the ‘boomer bulge’ is affecting private and…

Head to head: Should Canadian pension funds be incentivized to invest domestically?

While both experts point to the obligation of the pension promise, one argues that many pension funds are already overweight in Canadian allocations, while the…

How Hydro Ottawa’s pre-retiree engagement strategy is supporting financial wellness, retirement readiness

When Hydro Ottawa was preparing for its first wave of retiring baby boomers in 2011, it began working on a strategy to mitigate the subsequent…

  • By: Blake Wolfe
  • December 13, 2024 December 12, 2024
  • 08:57

2024 CAP Suppliers Report: How can employers, pension industry support retirement needs of gig workers?

As gig workers make up a greater share of the Canadian workforce, a lack of retirement savings options may leave this growing demographic facing financial…

  • By: Leah Golob
  • December 13, 2024 December 12, 2024
  • 08:56

Making sustainable investments count at five New York City pension funds

Brad Lander is advocating for public pension funds to enforce their responsible investment mandates even if that pits them against their partners. As New York…

How to streamline benefits plans during a merger or acquisition

When a company is undergoing a merger or acquisition, it’s important to maintain consistency regarding benefits plans and streamline the process as much as possible.…

  • By: Sadie Janes
  • December 13, 2024 December 12, 2024
  • 08:54

Q&A with Marriott Hotels of Canada’s Candice Li

The hospitality company’s pension and benefits manager discusses gen Z in the workforce, student debt repayment programs and family vacations. Q: What new programs or…

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Five Canadian cities ranked among world’s top locations for work-life balance: report

Several Canadian cities rank among the best global locations for work-life balance, according to a new report by Mercer. The report ranked cities according to…

  • By: Staff
  • December 12, 2024 December 12, 2024
  • 15:00

OMERS facing first governance review in more than 10 years

An independent review of the Ontario Municipal Employees’ Retirement System will examine the unique governance structure of the investment organization. The current structure of the…

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Majority of North American employers linking employee productivity to total rewards strategy in 2025: survey

Three-quarters (75 per cent) of Canadian employers and 66 per cent of U.S. employers say employee productivity is a key focus for 2025, with most…

  • By: Staff
  • December 12, 2024 December 11, 2024
  • 09:00
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CPPIB selling stake in European real estate joint venture, OMERS buying majority stake in U.S. IT company

The Canada Pension Plan Investment Board is selling a portion of its stake in a real estate joint venture to its partner Unibail-Rodamco-Westfield SE. The…

  • By: Staff
  • December 11, 2024 December 6, 2024
  • 15:00

Canadian equities, fixed income to deliver stable performance in 2025 amid potential economic headwinds: report

Expected economic headwinds in Canada won’t prevent strong results from equities and fixed income in 2025, according to a new report by the Royal Bank…

  • By: Staff
  • December 11, 2024 December 10, 2024
  • 09:00
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55% of women employees want to improve financial literacy: survey

More than half (55 per cent) of women employees say they want to improve their financial literacy, compared to 52 per cent of all workers,…

  • By: Staff
  • December 10, 2024 December 11, 2024
  • 15:00
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PBSA amendments must clarify role of pension disclosure requirements: PIAC

Amendments to the federal Pension Benefits Standards Act must go beyond reporting transparency and clarify how additional disclosure requirements help monitor the health of Canadian…

  • By: Staff
  • December 10, 2024 December 6, 2024
  • 09:00
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31% of Canadian employees rely on gig work to help cover expenses: survey

A third (31 per cent) of Canadian employees say they rely on gig work in some capacity to help cover regular expenses, according to a…

  • By: Staff
  • December 9, 2024 December 6, 2024
  • 15:00

88% of employees with disabilities, neurodivergence have disclosed their condition at work: survey

The majority (88 per cent) of employees with a disability or who are neurodivergent have chosen to disclose their condition to at least one person…

  • By: Staff
  • December 6, 2024 December 6, 2024
  • 15:00