Are target benefit plans secure?
Faced with growing pension risks, do target benefit plans offer security for sponsors?
- By: Ian Kinross and Martin Biefer
- March 1, 2015 September 13, 2019
- 07:00
Top Stories in Pensions
How can plan sponsors manage boomers’ unrealistic retirement expectations?
If baby boomers aren’t prepared for retirement, who’s going to pick up the slack?
- By: Peter Drake
- March 1, 2015 September 13, 2019
- 07:00
Editorial: Broken promises
The House of Commons recently passed Bill C-518, which would revoke the pensions of politicians who are convicted of certain serious crimes.
- By: Alyssa Hodder
- March 1, 2015 September 13, 2019
- 07:00
My Take: Do more to help your employees save
I’ve been saving for retirement in an RRSP since I began working, but my past employers haven’t done a great job of communicating the benefits…
- By: Craig Sebastiano
- March 1, 2015 September 13, 2019
- 07:00
Want to help employees save for retirement?
Want your employees to save more for retirement? Help them get out of debt.
- By: Jeffrey Schwartz
- February 26, 2015 September 13, 2019
- 07:00
Why don’t plan members take free money?
While a majority of plan members participate in their voluntary group retirement plans, a large minority of them are forfeiting the employer contribution altogether.
- February 25, 2015 September 13, 2019
- 11:07
Pension de-risking trend continues
Kimberly-Clark Corp.’s recent announcement that it will purchase group annuity contracts for about 21,000 retirees representing US$2.5 billion in pension obligations is the latest indication…
- By: Staff
- February 25, 2015 September 13, 2019
- 09:07
Quebec to amend Supplemental Pension Plans Act
Last week, Quebec introduced Bill 34, “An Act to amend the Supplemental Pension Plans Act with respect to the funding and restructuring of certain multi-employer…
- By: Staff
- February 24, 2015 September 13, 2019
- 11:30
New guidelines for buy-in annuities
Many employers that sponsor DB pension plans are considering reducing the risk in their plans. An approach to reduce risk that is gaining popularity is…
- February 24, 2015 September 13, 2019
- 11:30
Replacement income levels keep falling
Replacement income levels generated by capital accumulation plans fell further in the fourth quarter of 2014, according to Eckler’s Capital Accumulation Plan Income Tracker.
- By: Staff
- February 24, 2015 September 13, 2019
- 11:30
Kimberly-Clark transferring pension obligations
Kimberly-Clark has reached an agreement to transfer the pension obligations of about 21,000 American retirees to two insurers.
- By: Staff
- February 23, 2015 September 13, 2019
- 15:06
What Canada can learn from U.K. auto-enrollment
When U.K.-based Sainsbury's had to modify its pension, positioning the changes properly to 161,000 employees was critical.
- By: Alyssa Hodder
- February 20, 2015 September 13, 2019
- 10:15
ORPP could hurt economy: Survey
A survey of businesses shows that implementation of the Ontario Retirement Pension Plan could have negative consequences for employment in Ontario, says the Ontario Chamber…
- By: Staff
- February 20, 2015 September 13, 2019
- 08:57
How CAPSA’s updated CAP guideline will impact plan sponsors, members
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,…
- By: Blake Wolfe
- September 24, 2024 September 24, 2024
- 09:00
Report finds world’s 300 largest pension funds’ AUM increased 10% in 2023
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…
- By: Staff
- September 18, 2024 September 18, 2024
- 09:00
How employers can support female employees’ financial, retirement wellness
Brianne Collins, age 29, has worked as a senior copywriter at a large Toronto-based advertising agency for just over a year. Collins’ agency supports employee…
- By: Brooke Smith
- September 13, 2024 September 12, 2024
- 08:57
How are Canadian DB pension plan sponsors making use of surplus funds amid positive funded status environment?
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…
- By: Bryan McGovern
- September 26, 2024 September 25, 2024
- 11:00
Gov’t seeking feedback on solvency reserve accounts for federally regulated DB pension plans
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…
- By: Staff
- September 26, 2024 September 24, 2024
- 11:00
CalPERS CEO pay reaching US$1.2M due to investment performance boost: report
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…
- By: Staff
- September 25, 2024 September 23, 2024
- 15:00
2024 CAP Member Survey: How CAPs are supporting employee financial wellness amid growing economic uncertainty
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…
- By: Blake Wolfe
- September 13, 2024 September 12, 2024
- 08:56
How plan sponsors can support employees going through a divorce
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…
- By: Kelsey Rolfe
- September 13, 2024 September 12, 2024
- 08:54
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…
- By: Michael McKiernan
- June 21, 2024 June 20, 2024
- 08:55
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…
- By: Sadie Janes
- December 4, 2023 December 1, 2023
- 09:00
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…
- By: Kelsey Rolfe
- November 20, 2023 November 15, 2023
- 07:58