The 2013 Vancouver Benefits & Pension Summit provided delegates with the information they need to reduce costs, create solutions, improve the workforce and manage risks.…
Whether powerfully good or virally bad, social media is here and it is time for plan sponsors to figure out how to use it to…
Fees related to retirement investment accounts hit another record low in the United States this year, according to a survey.
Prince Edward Island is taking the lead in the case for Canada Pension Plan expansion.
The funding ratio of the typical DB pension plan in the United States increased again during the third quarter of this year.
Two different reports show that Canada’s DB plans are continuing to show signs of improvement as a result of stronger equity markets and higher long-term…
Reforming old age security (OAS) by changing the income level at which seniors are eligible and reducing the amount clawed back from seniors still in…
Pension plans are protecting themselves from market ups and downs by matching assets to liabilities
DC sponsors must support their members in preparing for retirement
Of the 1.6 million people who have been automatically enrolled in workplace pension plans in the United Kingdom, just 9% have opted out.
Employment and Social Development Canada says the basic old age security pension benefit will increase by 0.2% to $550.99 per month for the maximum benefit…
Detroit has proposed freezing the city’s two employee pension plans at the end of the year. Members of the General Retirement System and the Police…
Goldman Sachs Asset Management has reached a deal with Deutsche Asset & Wealth Management to acquire its stable value business for an undisclosed amount.
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…