A new bill for the Ontario Retirement Pension Plan introduced today will also include an option for other provinces to join in as Ontario moves…
When it comes to reducing pension risk, there’s an interesting dynamic between desire and ability. During periods when the desire to de-risk is high, the…
I had an excellent chat with an employer client recently about why the concept of employee consumerism hasn’t really caught on in Canada. Is it a…
With Ontario Premier Kathleen Wynne vowing to implement major reforms to political fundraising in Ontario, what has the pension and benefits industry been up to…
As plan sponsors grapple with improving engagement around capital accumulation plans, analyzing big data is one way to help employees make the most of them. “Big data allows…
The majority (88%) of U.S. employees are stressed or worried on some level about their personal financial situation, according to a new survey by Workplace…
Caisse de dépôt et placement du Québec is investing $18 million to support the creation of a new entity launched by Moment Factory, an internationally…
As employers struggle to determine the right governance structure for their defined contribution pension plans, one company going through the process found it could do…
Time and again we hear employers say the reason they provide a group retirement plan is to attract and retain quality employees, while younger employees say they…
Caisse de dépôt et placement du Québec, together with Investissement Québec, has invested $12.8 million in AddÉnergie, a Québec manufacturer of smart charging solutions for…
Cadillac Fairview is known for building things, so when the real estate and development firm discovered its plan members weren’t on track with their retirement savings…
Even with new rules implemented in Ontario this year, the issue of environmental, social and governance (ESG) factors remains a tricky question for Canada’s pension plans…
The solvency position of Canadian pension plans declined in the first quarter of 2016, an impact of volatile markets, according to two reports published this week.…
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…
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…
Marcie Frost, chief executive officer at the California Public Employees’ Retirement System, is receiving a significant bonus that will boost her compensation to more than…
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…