As Ontario pushes ahead with pension reform to improve retirement security for its citizens, a C.D. Howe institute report says it should consider a "middle-way"…
Boeing's non-union employees participating in the company's DB plans will be transitioned to a company-funded DC plan.
Exchange-traded funds (ETFs) are growing in popularity among institutional investors, but how can pension investors incorporate them into their portfolios?
Increasing the room allowed for Canada Pension Plan contributions could help middle- to higher-income earners, according to a report.
Schwab Retirement Plan Services has launched a full-service 401(k) program based on low-cost exchange-traded funds.
The members of legislative assembly in Prince Edward Island will have their pensions overhauled.
Towers Watson has recently implemented an innovative solution addressing hundreds of millions of dollars of pension obligations in a single transaction with one of its…
OMERS president and CEO Michael Nobrega—who will be retiring at the end of this month—talks about his time with the pension fund
The tidal wave of Canadians nearing retirement is a well-known trend. According to Statistics Canada, by 2036, Canadians age 65 and over will comprise more…
It’s always the same scenario. December is a fun-filled month of holiday parties and overindulging, right up to New Year’s Eve…followed by the cold, harsh…
Pension plans are the topic du jour, even outside of HR circles. Funding challenges, retirement income adequacy, intergenerational equity and financial stability are only a…
Multi-employer pension plans (MEPPs) in the United States have a strong future, according to a report.
Proposals to expand public pension plans are based on the notion that household savings are inadequate to maintain living standards upon retirement, but a Montreal…
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…