Before stopping a payment of pension benefits to a retiree or survivor, the Office of the Superintendent of Financial Institutions says plan administrators are expected…
A majority of Canadians are in favour of expanding the Canada Pension Plan, according to a poll.
OMERS has announced that pensions will increase by 0.9% as of Jan. 1, 2014.
Economic growth, improved business investment and increased employment are all vital factors if Canada's pension plans are to remain viable, according to a study.
While they’re increasingly interested in managing risk, DB plan sponsors in Canada still aren’t far along the de-risking continuum, experts explained in a recent Association…
Over the next five years, America’s retirement services industry will increase its use of new technologies and customized tools in an effort to drive personalized…
Manitoba Telecom Services (MTS) is selling nearly nine million shares of its stock to help fulfill future pension funding obligations.
The Government of New Brunswick says it has substantial union support in tabling legislation to make the Public Service Superannuation Act more sustainable for plan…
Pension plan sponsors can overcome the barriers to implementing auto features
The Employee Benefit Research Institute says the number of American workers participating in an employment-based retirement plan has increased slightly, although the level of participation…
Prince Edward Island reaffirmed its plans to make changes to its public sector pensions in this week's throne speech.
When workers change jobs, an increasing number appear to be leaving their retirement savings intact, according to the Employee Benefit Research Institute.
With market returns increasing, interest rates on the rise and funded status for DB plans improving, the environment may be right for de-risking
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…