A survey by TIAA-CREF shows that 78% of Americans who contribute to an employer-sponsored retirement plan receive matching contributions from their employer, and 77% of…
Detroit's workers and retirees have voted in favour of reducing their pension benefits.
Great-West Life is now providing voluntary retirement savings plans for businesses in Quebec.
Fifty-five percent of retirement plan participants favour automatic annual increases to their contributions.
Voluntary retirement savings plans from Sun Life Financial and Manulife Financial are now available to employers.
Visteon Corp. has entered into an agreement to transfer certain American pension assets to Prudential Insurance Company of America to settle approximately US$350 million of…
Industrial Alliance and Desjardins Insurance both announced on Tuesday that they are now offering voluntary retirement savings plans to employers.
After last year’s strong market returns, should pension funds put the brakes on low-volatility strategies?
The Government of Ontario has reintroduced its budget that includes the proposed Ontario Retirement Pension Plan.
Unifor says a ruling by the Ontario Financial Services Tribunal on a long-standing pension dispute at Navistar not only upholds a previous decision on the…
How many regulators does it take to ensure that Canadian employment pensions are prudently funded and properly administered? Answer: 11—one to actually regulate pensions and…
There is increasing awareness of the need to move beyond the DB versus DC debate to include a middle-ground option that incorporates some of the…
Many Canadian investors need additional guidance to maximize the benefits in their capital accumulation plans, according to a survey.
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…