Ikea will contribute an additional $153.5 million to its employees’ retirement savings programs this year, as part of Tack!, its loyalty program. “At Ikea Canada…
The Ontario government recently issued final regulations regarding pension advisory committees that will come into effect on Jan. 1, 2017. People might legitimately wonder whether…
New Brunswick’s auditor general noted in her annual report last week that she’s pleased with recent progress to resolve the province’s audit issues, including accounting…
While it may be true that there’s nothing new under the sun in the pension world, target-benefit plans may prove the exception. In the traditional…
While 52 per cent of employee respondents said they would support automatic enrolment, just 27 per cent of employer respondents said they currently automatically enroll…
GE Canada has relaunched its online retirement tool to help employees understand how the organization supports them in saving for retirement and how they can…
Employers and employees have very different views on who bears the responsibility for ensuring employees retire successfully, according to Benefits Canada’s 2016 CAP Member Survey.…
While plan members feel fairly confident about their retirement prospects, employers aren’t quite so optimistic, Benefits Canada‘s 2016 CAP Member Survey has found. The biggest…
Canadian Bank Note Company Ltd. has entered into a longevity agreement with the Canada Life Assurance Co., transferring $35 million of longevity risk associated with…
The majority of Canadians between age 35 and 54 are not saving enough for retirement, according to a new TD survey that looked at the…
The government of Manitoba has introduced legislation to bring pooled registered pension plans to the province, a move first referenced in the throne speech on…
The Ontario government spent $793,925 on new advertising out of the budget for the Ontario Retirement Pension Plan after cancelling the program, according to documents…
The financial status of the Royal Canadian Mounted Police pension plans showed significant improvement as returns for one of them hit a high of 16.3…
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,…
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…
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…
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…
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…