The rising price tag of healthcare and the risks and costs associated with funding pension plans continue to be a concern for finance executives in…
The Canadian Federation of Independent Business has sent a letter to all provincial and territorial premiers, telling them that their members can’t afford Canada/Quebec Pension…
Forget all the gloomy talk about Canada’s aging population putting a strain on public finances. Future seniors here are actually getting younger, a trend that…
The United Kingdom Supreme Court says that Nortel and Lehman Brothers pension plan members should be treated the same as other unsecured creditors of the…
Many pension plans in the United Kingdom feel dissatisfied their investment consultants and current governance structure, according to a 2013 SEI report.
Employer-sponsored pre-retirement seminars help increase financial literacy for participants, especially for those with relatively little knowledge, according to a study.
After weathering a recession that forced many to curb or cut employee retirement savings plans, small business owners in the United States are offering DC…
San Jose is defending itself in court this week over its proposed pension reforms.
Workers at a Coca-Cola bottling plant in Brampton, Ont., will keep their DB plan and have approved a new three-year deal, officially ending a three-week-long…
One million workers in the United Kingdom now automatically have access to a company pension, according to the U.K. regulator of work-based pension plans, The…
The discount rates used by Canadian pension plans have declined for the fourth consecutive year.
Two of Detroit’s pension funds, the General Retirement System and the Fire Retirement System, are disappointed by the city’s bankruptcy filing, which is the largest…
Two Detroit pension funds have filed a suit against the city’s emergency manager and the governor of Michigan to try to prevent Detroit from filing…
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…