Funded ratio of 100 largest U.S. corporate DB pension plans declines to 98.4% in fiscal 2023: report
The funded ratio of U.S. corporate defined benefit pension plans declined to 98.5 per cent in fiscal 2023 from 99.4 per cent in 2022, according…
Top Stories in Pensions
Public meeting in Edmonton attracts hundreds amid talk of province’s CPP withdrawal
Hundreds of Albertans turned out for a meeting in Edmonton last week to hear officials from the Canada Pension Plan Investment Board discuss the state…
- By: Staff
- April 30, 2024 April 29, 2024
- 09:00
52% of U.S. private sector workers with employer-sponsored retirement plans say they contribute: survey
While more than two-thirds (69 per cent) of private sector workers in the U.S. have access to an employer-sponsored retirement savings plan, just half (52…
- By: Staff
- April 29, 2024 April 29, 2024
- 15:00
Top 5 HR, benefits, pensions and investment stories of the week
An article on how employers are enhancing their benefits packages to boost talent attraction and retention was the most-read story on BenefitsCanada.com this past week.…
- By: Staff
- April 26, 2024 April 25, 2024
- 09:00
Chipotle expanding benefits offering to focus on career development, student debt
In anticipation of 25 per cent to 35 per cent growth in Canada by the end of 2024, restaurant chain Chipotle Mexican Grill Inc. is making…
- By: Sadie Janes
- April 26, 2024 April 26, 2024
- 09:00
Just a third of U.K pension plan members feel they’ve saved enough to retire: survey
Only a third (31 per cent) of U.K. pension plan members say they have sufficient retirement savings, down slightly from 32 per cent in 2022,…
- By: Staff
- April 26, 2024 April 25, 2024
- 09:00
Ontario court sides with IBM in pension benefits rectification case
An Ontario Superior Court ruling that allowed IBM Canada Ltd. to retrospectively rectify drafting errors that created unintended additional pension benefits for employees on disability…
- By: Julius Melnitzer
- April 24, 2024 April 23, 2024
- 09:00
Average funded ratio of Canadian DB pension plans up 7% in Q1 2024: report
The funded ratio of the average Canadian defined benefit pension plan, excluding the effect of asset smoothing, reached 124 per cent as at March 31,…
- By: Staff
- April 23, 2024 April 22, 2024
- 09:00
Top 5 HR, benefits, pension and investment stories of the week
A story on how Organon Canada is supporting women employees at every stage of their career was the most-read story on BenefitsCanada.com. Here are the top…
- By: Staff
- April 19, 2024 April 18, 2024
- 09:00
70% of employers say it’s impossible to offer all benefits demanded by employees: survey
While employers recognize employee benefits are an important part of attracting and retaining talent, seven in 10 (70 per cent) say it’s impossible to offer…
- By: Staff
- April 19, 2024 April 22, 2024
- 09:00
Survey finds 74% of Canadians aged 24 to 44 view conventional retirement approach as outdated
Three-quarters (74 per cent) of Canadians aged 24 to 44 say the conventional approach to retirement — halting work at age 65 to enjoy a…
- By: Staff
- April 18, 2024 April 18, 2024
- 15:00
Feds seeking to boost domestic investments by Canadian institutional investors: budget
In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…
- By: Staff
- April 17, 2024 April 16, 2024
- 09:00
FSRA focusing on target-benefit framework for MEPPs, sustainability of PBGF in 2024-25 annual plan
In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s…
- By: Staff
- April 17, 2024 April 16, 2024
- 09:00
Back to basics on investment glide paths
Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee…
- By: Bryan McGovern
- April 12, 2024 April 11, 2024
- 08:53
Employer matching key to supporting young workers’ retirement readiness: report
Employer-sponsored retirement plans that offer matching contributions can help younger workers retire earlier and with more money, according to a new report by Mercer Canada.…
- By: Staff
- April 11, 2024 April 10, 2024
- 09:00
47% of U.S. millennials are moderately confident they’ll save enough for retirement: survey
Nearly half (47 per cent) of U.S. millennials are moderately confident in their ability to accumulate enough retirement savings, according to a new survey by…
- By: Staff
- April 9, 2024 April 8, 2024
- 09:00
Where do Canadian institutional investors stand on calls for increased domestic investments?
A renewed call for increased domestic investments by Canadian pension plans isn’t surprising amid an ongoing discussion around the role of investment organizations in supporting the…
- By: Bryan McGovern
- April 4, 2024 April 4, 2024
- 09:00
Ontario continues work on infrastructure bank, target-benefit pension plan framework
In its 2024 budget on Tuesday, the Ontario government reiterated its support for a provincial infrastructure bank to leverage public sector pension investments. The bank,…
- By: Staff
- March 27, 2024 March 27, 2024
- 15:00
More than £50 billion in U.K. pension benefits at risk of being lost, misplaced: study
More than £50 billion in U.K. pension benefits were at risk of being misplaced in abandoned accounts or scattered across multiple lost pots in 2023,…
- By: Staff
- March 25, 2024 March 25, 2024
- 15:00
Clear, flexible regulations needed for target-benefit plans: report
Clear and flexible regulations that reflect the nature and diversity of target-benefit plans would allow these plans to thrive, according to a new report from…
- By: Staff
- March 19, 2024 March 18, 2024
- 09:00
OPB working with employers to receive salary information of employees impacted by Bill 124
The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the…
- By: Staff
- March 12, 2024 March 13, 2024
- 15:00
UPP keeping plan members engaged, informed with new web portal
The University Pension Plan is launching a new web portal to prioritize plan member engagement throughout the year. “Transparency is an important value to our…
- By: Lauren Bailey
- February 26, 2024 February 23, 2024
- 09:00
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
Desjardins using budget workshops, interactive game to support employee financial wellness
Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…
- By: Sadie Janes
- November 24, 2023 November 23, 2023
- 09:00
2023 Healthy Outcomes Conference: A closer look at the mental, physical, financial risk factors facing plan members
Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…
- By: Kelsey Rolfe
- November 20, 2023 November 15, 2023
- 07:58