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Top Stories in Pensions

ONWA joining CAAT’s DBplus pension plan

Roughly 200 employees of the Ontario Native Women’s Association are joining the Colleges of Applied Arts and Technology’s DBplus pension plan. The ONWA is a…

  • By: Staff
  • September 18, 2024 September 18, 2024
  • 15:00

Report finds world’s 300 largest pension funds’ AUM increased 10% in 2023

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…

  • By: Staff
  • September 18, 2024 September 18, 2024
  • 09:00
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Ontario DB pension plans’ average solvency ratio increases to 123% in Q2 2024: FSRA

The median projected solvency ratio for Ontario defined benefit pension plans was 123 per cent as at June 30, 2024, up slightly from 122 per…

  • By: Staff
  • September 17, 2024 September 13, 2024
  • 09:00
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IBM transferring US$6 billion in pension liabilities via group annuity buyout

International Business Machines Corp. is transferring roughly US$6 billion in defined benefit pension obligations through a group annuity buyout. Prudential Financial Inc. will assume responsibility…

  • By: Staff
  • September 13, 2024 September 13, 2024
  • 15:00

Editorial: Many happy returns

With the return of autumn, change is once again in the air. For the last nine months, I’ve lead the editorial team at Benefits Canada…

  • By: Blake Wolfe
  • September 13, 2024 September 12, 2024
  • 09:00

B.C. family doctors call for sick days, pensions ahead of October election

Representatives of family doctors in British Columbia say giving physicians paid sick days, vacation coverage, extended health and dental benefits and a pension plan is…

How employers can support female employees’ financial, retirement wellness

Brianne Collins, age 29, has worked as a senior copywriter at a large Toronto-based advertising agency for just over a year. Collins’ agency supports employee…

  • By: Brooke Smith
  • September 13, 2024 September 12, 2024
  • 08:57

2024 CAP Member Survey: How CAPs are supporting employee financial wellness amid growing economic uncertainty

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…

  • By: Blake Wolfe
  • September 13, 2024 October 7, 2024
  • 08:56

How plan sponsors can support employees going through a divorce

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…

  • By: Kelsey Rolfe
  • September 13, 2024 September 12, 2024
  • 08:54

Bristol-Myers Squibb sued for US$2BN pension risk transfer deal

Bristol-Myers Squibb Co. is being targeted in a lawsuit over a US$2 billion pension risk transfer deal completed in 2019 with Athene Annuity and Life…

  • By: Staff
  • September 12, 2024 September 12, 2024
  • 11:00

York University, YUFA agreement includes multiple benefits gains

The union representing more than 1,600 faculty, librarians, archivists and post-doctoral researchers at York University has ratified a three-year collective agreement that includes multiple benefits…

  • By: Staff
  • September 12, 2024 September 12, 2024
  • 09:00
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Wall Street rally helped boost 401(k) gains in first half of 2024: report

Strong growth for stocks on Wall Street this year have helped juice gains for savers with retirement accounts. The average 401(k) plan balance stood at…

What do historically low interest rates mean for DB pension de-risking?

Canadian pension risk transfer sales increase to $2.5BN in Q2 2024: report

The market volume of annuity purchases by Canadian defined benefit pension plan sponsors reached an estimated $2.5 billion in the second quarter of 2024, compared…

  • By: Staff
  • September 5, 2024 September 6, 2024
  • 09:00

Amazon Canada’s new estate planning benefit key to financial wellness win

Amazon Canada’s commitment to unique financial wellness offerings led to a win at Benefits Canada‘s 2024 Workplace Benefits Awards on Oct. 18. The technology company was…

Admiral Insurance’s benefits program awarded for balancing innovation, sustainability

Admiral Insurance’s award-winning benefits program is demonstrating how employers can use versatility to strike a fine balance between finding innovative solutions and maintaining plan sustainability. The…

How Ontario pay transparency legislation will impact employers

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…

  • By: Sadie Janes
  • December 4, 2023 December 1, 2023
  • 09:00

Expert panel: Updated CAPSA guideline, AI tools among key topics for CAP sponsors in 2026

With the new year may come new resolutions — or at least topics to keep in mind — for capital accumulation plan sponsors. Ongoing compliance…

More than half of Canadian employees lack an employer-sponsored pension plan: survey

Just 48 per cent of working Canadians say they have an employer-sponsored pension plan, according to a new survey by IG Wealth Management. The survey,…

  • By: Staff
  • February 6, 2026 February 4, 2026
  • 09:00

Advice, personalization becoming foundational employee expectations for retirement: webinar

Retirement advice and personalization are becoming foundational expectations for employees, not optional enhancements, said Rachel Weker, retirement strategist at T. Rowe Price Group Inc., during…

  • By: Sadie Janes
  • February 2, 2026 January 30, 2026
  • 09:00

CAAT pension plan board chair removed amid ongoing governance emergency

Don Smith, the recently suspended chair of the Colleges of Applied Arts and Technology pension plan’s board of trustees, has been removed from his position…

CAAT pension plan’s board chair suspended following senior executives’ departure

The Colleges of Applied Arts and Technology pension plan has suspended its board chair Don Smith. The pension organization, which oversees more than $23 billion…

  • By: Staff
  • February 4, 2026 February 4, 2026
  • 09:00

HOOPP planning appeal of Dutch tax court ruling

The Healthcare of Ontario Pension Plan is appealing a Dutch tax court ruling against the investment organization. Th court backed the investigation of a tax…

Tourism Kingston supporting employee financial wellness with group RRSP offering

Tourism Kingston is supporting employee financial well-being and retirement readiness with a new group registered retirement savings plan. The program, provided by the Empire Life…

2025 CAP Suppliers Report: How are Canadian plan sponsors complying with the CAPSA’s updated guideline?

When the Canadian Association of Pension Supervisory Authorities updated its capital accumulation plan guideline in September 2025, the Co-operative Superannuation Society Pension Plan conducted an…

  • By: Blake Wolfe
  • December 12, 2025 January 14, 2026
  • 08:57

Financial Literacy Month: Wealthsimple helping women build financial confidence

Wealthsimple Inc. is marking Financial Literacy Month with a two-part series of information sessions on how women can build financial confidence. The sessions cover estate…

  • By: Sonya Singh
  • November 21, 2025 November 20, 2025
  • 09:00