Alternative investments have been the name of the game for many of the leaders on Benefit Canada‘s list of the fastest-growing pension funds for 2016. Both…
The vast majority (86 per cent) of the Ontario Municipal Employees Retirement System’s pensioners are happy they retired when they did, according to a new…
Sears Canada Inc. has reversed course and will continue to make special payments to its defined benefit pension plan and provide post-employment benefits plans until…
U.S. Steel Canada Inc. has successfully restructured and has exited protection under the Companies’ Creditor Arrangement Act with Bedrock Industries Group LLC as its new…
There’s little doubt that working Canadians want a secure source of retirement income. The challenge for the pension industry is how to deliver the desired…
In the last few weeks, employees — both current and former — of troubled retailer Sears Canada Inc. have had plenty to worry about after…
British Columbia’s pension regulator is cracking down on vague termination expense assumptions over fears unrealistic calculations have caused some plans to overstate their solvency ratios.…
General Mills Inc. will close its defined benefit pension plans to all American employees at the end of 2027, according to the company’s annual report.…
KPMG LLP has run its first series of retirement education sessions through in-person workshops, one-on-one meetings and a version on Skype for employees at its…
Requiring Sears Canada Inc. to continue special payments to its defined benefit pension plan would put the company’s operations at risk given its liquidity constraints, the…
Countering earlier positive reports on pension plan performance so far this year, Aon Hewitt is seeing a decline in the median solvency ratio in the…
Sun Life Assurance Co. of Canada is introducing what it says is a “great bridge to decumulation” by launching new target-date funds that focus defined contribution pension…
A retired lieutenant in the naval reserve has launched a $100-million lawsuit against the Canadian Armed Forces for “chronic, excessive and unreasonable” delay in paying…
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,…
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…
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…
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…
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…
When Phillip Kotanidis took over as chief human resources officer at Toronto’s Michael Garron Hospital in 2018, the financial well-being of staff wasn’t exactly high…
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…
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…
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…