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FSRA releases final guidance on roles, responsibilities of pension plan administrators

The Financial Services Regulatory Authority of Ontario has updated its guidance on the roles and responsibilities of pension plan administrators, adding three additional areas for administrators…

  • By: Staff
  • June 24, 2024 June 24, 2024
  • 15:00
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Top 5 HR, benefits, pension and investment stories of the week

A story discussing the factors leading employees to delay taking time off and instead engage in ‘quiet vacationing’ was the most-read story this week on…

  • By: Staff
  • June 21, 2024 June 20, 2024
  • 09:00

2024 Top 100 Pension Funds report: Employees’ financial wellness moving up the agenda for pension plan sponsors

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…

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CSSB’s climate risk disclosure standards should align with ISSB’s, with only Canadian-specific modifications: PIAC

The Pension Investment Association of Canada supports closely aligning the Canadian Sustainability Standards Board disclosure standards with the International Sustainability Standards Board’s requirements but recommends it…

  • By: Staff
  • June 20, 2024 June 19, 2024
  • 09:00

U.S. pension risk transfer sales premium increased 130% in Q1 2024: report

U.S. pension risk transfer sales reached US$14.6 billion in the first quarter of 2024, a 130 per cent increase from the same period in 2023,…

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

Ontario DB pension plans’ average solvency ratio increases to 122% in Q1 2024: FSRA

The average projected solvency ratio for Ontario defined benefit pension plans was 122 per cent as of March 31, 2024, up three per cent from…

  • By: Staff
  • June 17, 2024 June 13, 2024
  • 15:00

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

An article detailing a stark increase in the use of obesity medications among Canadian employer-sponsored benefits plan members was the most-read article on BenefitsCanada.com this…

  • By: Staff
  • June 14, 2024 June 13, 2024
  • 09:00
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UPP generates net return of 10.2% in 2023, net assets increase to $11.7BN

The University Pension Plan generated a net return of 10.2 per cent in 2023, up from a 9.1 per cent loss in 2022, according to…

  • By: Staff
  • June 12, 2024 June 12, 2024
  • 15:00

Medicus Pension Plan reports 158% funded status at start of 2024

The Medicus Pension Plan, a defined benefit multi-employer pension plan designed exclusively for incorporated physicians in Canada, reported a funded status of 158 per cent…

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Dollar cap matching could more equitably distribute 401(k) contributions, reduce plan sponsor costs: report

Dollar cap match formulas could distribute employer contributions to 401(k)s more equitably than other common match formulas, according to a new report by Vanguard Inc.…

  • By: Staff
  • June 11, 2024 June 11, 2024
  • 09:00

Coverage of the 2024 Global Investment Conference

On April 10-12, the Canadian Investment Review hosted a group of delegates, including defined benefit plan sponsors, asset managers and academics, in Alberta for the 2024 Global…

  • By: Staff
  • June 10, 2024 June 6, 2024
  • 08:00

2024 Global Investment Conference: A look at evolving retirement trends

During a panel discussion at the Canadian Investment Review’s 2024 Global Investment Conference in April, three pension plan sponsors shared their perspective on plan design…

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

An article on the federal government’s national pharmacare bill receiving approval in the House of Commons was the most-read story on BenefitsCanada.com this week. Here…

  • By: Staff
  • June 7, 2024 June 6, 2024
  • 09:00

2024 Vancouver Benefits Summit: How Telus is making well-being, mental health a cultural priority

Telus Communications Inc. is ensuring employees bring their best self to the job by supporting their well-being both in the workplace and at home, said…

Taskrabbit providing U.S. gig workers with retirement benefits

Online gig economy platform Taskrabbit Inc. is providing U.S. gig workers with retirement benefits through a new initiative. The program, in partnership with financial services firm…

Cross-border pension plans increasing due to political, economic tension: survey

The number of international pension plans and international savings plans that are offered in countries operating in challenging political or economic circumstances has risen to…

  • By: Staff
  • May 28, 2024 May 28, 2024
  • 15:00

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

A story on how group insurers can help plan sponsors provide adequate coverage and ensure appropriate use of treatments for rare diseases was the most-read…

  • By: Staff
  • July 12, 2024 July 11, 2024
  • 09:00

Blair Morrison retiring from BCFSA

Blair Morrison, chief executive officer and chief statutory officer of the British Columbia Financial Services Authority, is retiring in early 2025 after more than five…

  • By: Staff
  • July 9, 2024 July 8, 2024
  • 09:00

Unions welcoming equitable pension reform for frontline public safety, law enforcement workers

The federal government recently announced plans to introduce legislation in the fall expanding pension eligibility to frontline public safety and law enforcement workers in Canada.…

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

An article highlighting CGI Group’s initiatives for Mental Health Awareness Month was the most-read story on BenefitsCanada.com this week. Here are the top five human…

  • By: Staff
  • May 24, 2024 May 23, 2024
  • 09:00

Saskatchewan arbitrator sides with Canadian Blood Services in pension contributions case

A Saskatchewan arbitrator has ruled that Canadian Blood Services doesn’t owe an employee eight years of retroactive pension contributions because it took the proper steps…

How PepsiCo Canada’s savings program is helping employees achieve financial security at any stage in life

PepsiCo Canada is baking flexibility into its retirement savings benefits to support employees’ financial security amid the rising cost of living. To help employees reach…

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

2023 Healthy Outcomes Conference: A closer look at the mental, physical, financial risk factors facing plan members

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…