In light of the Deloitte report on inappropriate Senate expenses, the Canadian Taxpayers Federation is renewing its call for a new law that would take…
BlackRock CEO Larry Fink believes the United States government needs to do more to encourage Americans to save, including creating a mandatory savings program in…
The Government of Quebec has tabled a bill to create voluntary retirement savings plans in the province.
Thanks to some creative plan design, the Ontario Court of Justice has recently upheld the contractual pre-retirement locking-in provisions in a deferred profit sharing plan…
The Government of Nova Scotia has introduced an amendment to take back pensions from members of the legislative assembly convicted of a serious indictable offence.
The greatest attraction of a DB pension plan is the appearance of certainty in the levels of retirement income it promises to its members, which…
Improving DC plan members’ retirement readiness is a top priority for U.S. plan sponsors, according to a study.
The funded status of the typical U.S. corporate pension plan fell 1.8 percentage points in April to 80.8% as liabilities rose.
Canada’s pension plan sponsors are focusing on their communications with members, particularly about retirement income adequacy, according to a survey.
The 2013 Ontario budget proposes introducing pooled registered pension plans in the province.
One of the items that received little attention in the federal government’s most recent Economic Action Plan (also known as the 2013 Budget) was a…
Increasing Canada Pension Plan (CPP) and Quebec Pension Plan (QPP) benefits would hurt the economy, according to a report by the Canadian Federation of Independent…
Dianne Verschuere admits she just fell into the group benefits industry about 30 years ago. “I was working in retail and had an opportunity to…
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…
The International Centre for Pension Management is celebrating 20 years of promoting strong pension governance practices by regularly engaging plan sponsor members, says Sebastien Betermier, the organization’s…
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…
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…