While most DC plan sponsors view retirement as the end of their relationship with their employees, some plan sponsors are taking an alternate approach by…
Nearly half of Canadian employees report feeling overworked and burnt out. But the overwhelming majority are still happy at work, according to the Staples Advantage…
Losses intensified on the Toronto stock market near midday as worries grew over whether Greece could be headed for a debt default.
Anxious Greek pensioners swarmed closed bank branches Monday in the hope of getting their pensions, while queues formed at ATMs as they gradually began dispensing…
The TFSA contribution limit increase to $10,000 per year will disproportionately benefit high earners and wealth holders, writes public finance expert Rhys Kesselman on Macleans.ca.
The solvency position of Canadian pension plans rose in the second quarter of 2015 because of rising interest rates.
The Supreme Court declared Friday that same-sex couples have a right to marry anywhere in the United States. Gay and lesbian couples already can marry…
There are two impediments to moving forward with decumulation. One is structural: plan sponsors are reluctant to take on additional fiduciary responsibility. In 2014, the…
A lockout at the Halifax Regional Water Commission continues after the latest round of talks ended without agreement between the utility and the union for…
A new report shows job growth in Canada’s public sector far outpaced that of the private sector over a 10-year period. The study, released Thursday…
The quarterly benefit amounts for Old Age Security (OAS) for July to September 2015 have been announced by Employment and Social Development Canada.
BMO Financial Group has reached an agreement to sell its U.S. retirement services business to One America for an undisclosed amount.
Some of Canada's largest companies in the financial industry have teamed up with charity Prosper Canada and the City of Toronto to offer free financial…
Victoria-based technology company Redbrick is marking the National Day for Truth and Reconciliation by educating employees on issues impacting Indigenous Canadians. Earlier in September, the…
More than half (56 per cent) of Canadian employees say they’re less productive at work due to financial concerns, according to a new survey by…
The Caisse de dépôt et placement du Québec is acquiring a 25 per cent stake in U.K.-based First Hydro Co. alongside Brookfield Asset Management and…
Jeff Wendling, president and chief executive officer at the Healthcare of Ontario Pension Plan, will be retiring in 2025 after more than 25 years with…
With many Canadian defined benefit pension plans in a strong funded position, plan sponsors, particularly those with unionized workforces, are increasingly discussing the use of…
The federal government is currently seeking recommendations about its plan to introduce solvency reserve accounts for federally regulated defined benefit pension plans. Under the government’s…