The union representing more than 5,200 Air Canada pilots has ratified a four-year collective agreement that includes multiple benefits gains, avoiding a possible strike. The…
A new retirement savings vehicle could benefit members of the Colleges of Applied Arts and Technology’s pension plan by streamlining investment choice and maximizing their…
IMAX Corp. won the Benefits Plan Communications award at Benefits Canada’s 2024 Workplace Benefits Awards on Oct. 18 for its use of engaging technology tools to…
Nearly nine in 10 (88 per cent) Canadian small- and medium-sized employers say they’re experiencing challenges finding skilled talent, according to a new survey by…
Canada’s retirement system ranks No. 17 out of 48 countries, down from No. 12 in 2023, according to a new report by Mercer and the…
The Nova Scotia government is offering to pay up to $15,000 a year into a new retirement benefits program for doctors in hopes the public…
The Canadian Association of Pension Supervisory Authorities’ guideline for risk management provides that plan administrators should create a framework to identify, evaluate, manage and monitor…
The union representing 60 employees at Maple Leaf Foods in Port Perry, Ont., has ratified a four-year collective agreement that includes pension and benefits gains.…
An article on why employers that mandate onsite work could see increased employee turnover was the most-read story on BenefitsCanada.com this past week. Here are the…
The Co-operative Superannuation Society Pension Plan is in the middle of a years-long digital transformation that’s aiming to improve member experience. In addition to introducing…
The union representing more than 1,300 employees at General Motors’ assembly plant in Ingersoll, Ont. has ratified a two-year collective agreement that includes pension and…
Canada’s life and health insurers paid out a record $128 billion in health and retirement benefits last year, up from $114 billion in 2022, according…
After a two-year consultation period, the Canadian Association of Pension Supervisory Authorities released its 2024 guideline for capital accumulation plans in September. With a focus…
An article on how the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline will impact plan sponsors and members was the most-read story…
While the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline contains several key updates with regard to plan sponsor and member responsibilities,…
In 2023, the world’s 300 largest pension funds’ assets under management increased by 10 per cent to US$22.6 trillion, compared to $20.6 trillion at the…
Brianne Collins, age 29, has worked as a senior copywriter at a large Toronto-based advertising agency for just over a year. Collins’ agency supports employee…
From 2016 to 2024, fewer plan members are confident they’ve saved enough for retirement. Indeed, Benefits Canada’s 2024 CAP Member Survey found plan members’ optimism…
The union representing more than 1,600 faculty, librarians, archivists and post-doctoral researchers at York University has ratified a three-year collective agreement that includes multiple benefits…
Strong growth for stocks on Wall Street this year have helped juice gains for savers with retirement accounts. The average 401(k) plan balance stood at…
Capital accumulation plan members continued to see an uptick in their plan outcome for the second quarter of 2024, as gross income replacement ratios remained…
Working grandparents who are providing financial support to children and/or grandchildren are risking their own plans for retirement, says Craig Bannon, director of financial planning…
One actuary says social and technological factors are changing the concept of retirement, while another notes the fundamentals remain the same. Michel St-Germain, retired actuary, fellow…
The consolidation of firms within the pension and benefits industries could pose a threat because there’s less choice available in terms of service providers, says…
While lawsuits against Canadian capital accumulation plans are virtually non-existent, U.S. pension litigation holds several lessons for plan sponsors that are based north of the…