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

An article on incoming changes to Nova Scotia’s provincial Pension Benefits Act was the most-read story on BenefitsCanada.com this past week. Here are the top five…

  • By: Staff
  • November 15, 2024 November 14, 2024
  • 09:00

Editorial: Prioritizing plan sponsor perspectives

The weather is shifting, with the wet November wind blowing away the crisp October sunshine. While this time of year is characterized by the change…

Head to head: Are employers’ financial literacy initiatives translating into reality?

One expert suggests employers bridge their knowledge gap by finding ways to turn education into action, while another says companies’ commitments to ongoing financial literacy…

How Meridian’s financial wellness offerings benefit employees, organization as a whole

As a financial institution that provides banking and wealth management services to customers, Meridian Credit Union ensures it also offers employees a comprehensive suite of…

  • By: Sadie Janes
  • November 15, 2024 November 13, 2024
  • 08:58

2024 Top 40 Money Managers Report: To divest or engage?

With 15 different client organizations, including nine public sector pension plans, the Alberta Investment Management Corp. has opted to engage, rather than divest, from certain…

  • By: Blake Wolfe
  • November 15, 2024 November 22, 2024
  • 08:57

How Mexico’s reformed pension system is improving workers’ retirement security

Earlier this year, Mexico’s senate approved the creation of a new pension fund to help provide more retirement security for low-income citizens. The reform aims…

  • By: Sadie Janes
  • November 15, 2024 November 13, 2024
  • 08:54
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38% of U.S. institutional investors incorporating ESG into investment decisions: survey

Roughly two-fifths (38 per cent) of U.S. institutional investors say they incorporate environmental, social and governance factors into investment decisions, according to a new survey…

  • By: Staff
  • November 14, 2024 November 12, 2024
  • 11:00
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How CAPSA’s fee transparency guidance is impacting plan sponsors

The Canadian Association of Pension Supervisory Authorities’ new plan sponsor guidelines surrounding investment fee transparency are a good first step, but require further development to…

  • By: Blake Wolfe
  • November 14, 2024 November 13, 2024
  • 09:00
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Ellement merging with George & Bell Consulting

Winnipeg-based Ellement Consulting Group is merging with Vancouver-based George & Bell Consulting Inc. The combined firm, which will operate under the Ellement banner effective Jan.…

  • By: Staff
  • November 13, 2024 November 11, 2024
  • 15:00
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Nova Scotia to allow unlocking of pension benefits

The Nova Scotia government is updating the provincial Pension Benefits Act to allow the unlocking of pension benefits. Effective April 1, 2025, plan members aged…

  • By: Staff
  • November 11, 2024 November 8, 2024
  • 09:00
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Alberta government fires AIMCo CEO, board, citing rising costs and poor performance

Alberta’s finance minister has sacked the chief executive officer and entire board of directors of the Alberta Investment Management Corp., the Crown corporation that manages…

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

An article on Samsung Electronics Co. Ltd.’s win in the Health/Wellness Program category for employers with fewer than 1,000 employees at Benefits Canada’s 2024 Workplace Benefits Awards was…

  • By: Staff
  • November 8, 2024 November 7, 2024
  • 09:00

Canadian pension risk transfer sales decrease to $2.1BN in Q3 2024: report

The market volume of annuity purchases by Canadian defined benefit pension plan sponsors reached an estimated $2.1 billion in the third quarter of 2024, a…

  • By: Staff
  • November 7, 2024 November 8, 2024
  • 11:00

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

Coverage of the 2024 DC Investment Forum

The volatile global conditions of the last four years have culminated in a looming economic downturn, impacting defined contribution pension plan sponsors and members alike.…

2024 DC Investment Forum: Young Canadians’ retirement savings at mercy of housing market, government inaction

Young Canadian employees are facing a series of headwinds stemming from rising housing costs and decades of inaction by the federal government to support retirement…

Average funded status of Ontario DB pension plans at 121% in Q3 2024: report

The average funded position of defined benefit pension plans in Ontario was 121 per cent in the third quarter of 2024, down just two per…

  • By: Staff
  • November 28, 2024 November 27, 2024
  • 09:00

More clarity, flexibility needed in solvency reserve accounts for federally regulated DB pension plans: ACPM

An amendment to the federal Pension Benefit Standards Regulations that would establish solvency reserve accounts for federally regulated defined benefit pension plans requires additional clarity…

  • By: Staff
  • November 27, 2024 November 26, 2024
  • 09:00

BCFSA appointing Tolga Yalkin as CEO, CSO

The British Columbia Financial Services Authority is appointing Tolga Yalkin as chief executive officer and chief statutory officer, effective Jan. 13, 2025. Yalkin succeeds Blair Morrison and…

  • By: Staff
  • November 26, 2024 November 27, 2024
  • 15:00

2024 DC Investment Forum: Financial advice ‘paramount’ to DC plan members’ success as they save for, enter retirement

Canadian defined contribution plan members’ knowledge of target-date funds is lacking and it may point to a larger issue: the stakes set for member investment…

CAP member outcomes continue to rise in Q3 2024: report

Despite declining annuity rates, Canadian capital accumulation plan members retiring at the end of September experienced some of the best outcomes in more than 13…

  • By: Staff
  • November 4, 2024 November 5, 2024
  • 15:00

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…

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