Though millennials have become the largest cohort in the Canadian workplace, many of those born in the 1980s and 1990s don’t have a good grasp…
Amid slow global growth, chronically low interest rates and declining commodity prices, the Healthcare of Ontario Pension Plan (HOOPP) saw its return for 2015 slide…
Nearly half (44%) of respondents approve of the Ontario Retirement Pension Plan (ORPP) as a supplement to the CPP, according to a sampling of public opinion…
The year 2016 started out with a bang, to say the least. The past year marked a transition in financial markets as the U.S. hiked…
A new study by pension provider Royal London suggests some British workers will have to work until they are 81 if they want to build up…
The Caisse de dépôt et placement due Québec has acquired a minority stake in a Paris-based food services company. The pension fund manager announced the…
The idea was compelling. With the consent of its members, we looked to merge a single-employer pension plan with a stable, jointly-governed multi-employer plan to create…
Despite many employers offering employee benefits that range from dental plans to retirement savings, the biggest problem companies have is engaging employes “to give a hoot,”…
A breakdown in negotiations around a modified pension plan for warehouse workers of Brault & Martineau has resulted in the lockout of warehouse employees, according to…
As a result of slow global growth, low interest rates and market volatility, the Ontario Municipal Employees Retirement System (OMERS) saw its net investment return…
Ontario Finance Minister Charles Sousa announced the province’s 2016 budget on Thursday, outlining a range of developments of interest to employers and benefit plan sponsors, including:…
Ontario pension plans registered before Jan. 1, 2016 must file their statement of investment policies and procedures (SIPP) by this coming Tuesday, March 1. For plans registered…
Ontario is introducing changes to the Pooled Registered Pension Plans Act, 2015 as well as other legislative pension amendments as part of its 2016 budget,…
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…