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…
A recent Quebec Superior Court decision has unleashed uncertainty over the liabilities of companies and their directors when a pension deficit appears in the context…
The International Centre for Pension Management is celebrating 20 years of promoting strong pension governance practices by regularly engaging plan sponsor members, says Sebastien Betermier, the organization’s…
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…
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…
Marcie Frost, chief executive officer at the California Public Employees’ Retirement System, is receiving a significant bonus that will boost her compensation to more than…
A third (33 per cent) of North American workers say they’re financially worse off than a year ago and have financial issues that are negatively…
The total portfolio approach is gaining interest as a new investing strategy for pension funds and other asset owners, but its novel status may be…
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,…
An article on International Business Machines Corp.’s latest pension risk transfer was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources,…
Amazon Canada’s commitment to unique financial wellness offerings led to a win at Benefits Canada‘s 2024 Workplace Benefits Awards on Oct. 18. The technology company was…
Admiral Insurance’s award-winning benefits program is demonstrating how employers can use versatility to strike a fine balance between finding innovative solutions and maintaining plan sustainability. The…
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…
An article on how employers can prepare their benefits plans amid U.S. tariffs was the most-read story on BenefitsCanada.com this past week. Here are the…
Social media is breathing new life into employers’ pension communications, helping to make the benefit resonate with different audiences and offering organizations a far wider…
The National Institute on Ageing at Toronto Metropolitan University is recognizing Canadian pension industry mainstay Bob Baldwin with its inaugural lifetime achievement award. An expert in…
When designing an optimal menu of defined contribution investment options, it’s important for plan sponsors to maintain a documented rationale for the investment lineup and…
In 2025, the Association of Canadian Pension Management is focusing on flexible pension plan models amid a backdrop of multiple elections taking place across Canada.…
More than eight in 10 (84 per cent) U.S.-based employer-sponsored retirement plans have at least one likely Employee Retirement Income Security Act red flag from…
With the start of a new year, there are several developments and trends that will likely impact Canadian pension plan sponsors in 2025. Implementation of…
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…
UAP Inc. is supporting employees’ financial wellness and retirement readiness with a new retirement toolkit. The toolkit, which launched this week, explains the company’s retirement…