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Top Stories in Pensions

Increasing cybersecurity risks pushing institutional investors to build effective response plans: expert

An increase in the frequency of digital breaches among financial organizations is pushing institutional investors to take the necessary steps to prevent cyberattacks, says Sebastien…

ONWA joining CAAT’s DBplus pension plan

Roughly 200 employees of the Ontario Native Women’s Association are joining the Colleges of Applied Arts and Technology’s DBplus pension plan. The ONWA is a…

  • By: Staff
  • September 18, 2024 September 18, 2024
  • 15:00

Report finds world’s 300 largest pension funds’ AUM increased 10% in 2023

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…

  • By: Staff
  • September 18, 2024 September 18, 2024
  • 09:00
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Ontario DB pension plans’ average solvency ratio increases to 123% in Q2 2024: FSRA

The median projected solvency ratio for Ontario defined benefit pension plans was 123 per cent as at June 30, 2024, up slightly from 122 per…

  • By: Staff
  • September 17, 2024 September 13, 2024
  • 09:00
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IBM transferring US$6 billion in pension liabilities via group annuity buyout

International Business Machines Corp. is transferring roughly US$6 billion in defined benefit pension obligations through a group annuity buyout. Prudential Financial Inc. will assume responsibility…

  • By: Staff
  • September 13, 2024 September 13, 2024
  • 15:00

Editorial: Many happy returns

With the return of autumn, change is once again in the air. For the last nine months, I’ve lead the editorial team at Benefits Canada…

  • By: Blake Wolfe
  • September 13, 2024 September 12, 2024
  • 09:00

B.C. family doctors call for sick days, pensions ahead of October election

Representatives of family doctors in British Columbia say giving physicians paid sick days, vacation coverage, extended health and dental benefits and a pension plan is…

How employers can support female employees’ financial, retirement wellness

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…

  • By: Brooke Smith
  • September 13, 2024 September 12, 2024
  • 08:57

2024 CAP Member Survey: How CAPs are supporting employee financial wellness amid growing economic uncertainty

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…

  • By: Blake Wolfe
  • September 13, 2024 October 7, 2024
  • 08:56

How plan sponsors can support employees going through a divorce

Going through a divorce can be an extremely stressful and emotional experience and, unsurprisingly, the impacts can spill into the workplace. “[Employees may be] at…

  • By: Kelsey Rolfe
  • September 13, 2024 September 12, 2024
  • 08:54

Bristol-Myers Squibb sued for US$2BN pension risk transfer deal

Bristol-Myers Squibb Co. is being targeted in a lawsuit over a US$2 billion pension risk transfer deal completed in 2019 with Athene Annuity and Life…

  • By: Staff
  • September 12, 2024 September 12, 2024
  • 11:00

York University, YUFA agreement includes multiple benefits gains

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…

  • By: Staff
  • September 12, 2024 September 12, 2024
  • 09:00
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Wall Street rally helped boost 401(k) gains in first half of 2024: report

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…

Amazon Canada’s new estate planning benefit key to financial wellness win

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 benefits program awarded for balancing innovation, sustainability

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…

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

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

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…

  • By: Staff
  • March 7, 2025 March 6, 2025
  • 09:00

How social media is helping employers streamline, personalize pension communications

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…

National Institute on Ageing recognizing Bob Baldwin with lifetime achievement award

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…

DC investment options impacted by plan sponsor approach, external factors: report

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…

  • By: Staff
  • February 28, 2025 February 26, 2025
  • 09:00

ACPM focusing on flexible pension models, CAPSA guidelines in 2025

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.…

Report finds majority of U.S. retirement plans have at least one ERISA ‘red flag’

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…

  • By: Staff
  • February 11, 2025 February 10, 2025
  • 15:00

Expert panel: Regulatory guidelines, geopolitical risk impacting pension plan sponsors in 2025

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…

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…

UAP supporting financial wellness with retirement toolkit

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…

  • By: Blake Wolfe
  • November 29, 2024 November 28, 2024
  • 09:00