The Nova Scotia Teachers’ Pension Plan’s funded status dipped from 82.5 per cent to 75.1 per cent on a going-concern basis in 2022, according to…
While a third (34 per cent) of U.S. defined contribution pension plan sponsors say they’re studying decumulation solutions and another 15 per cent are in…
The new first home savings account may work better in conjunction with a group registered retirement savings plan or group tax-free savings account rather than as…
A controversial law giving super-priority to defined benefit pension plan members during plan windups and insolvencies is coming into effect after receiving royal assent from…
Just 53 per cent of Black employees and 45 per cent of Latino employees are participating in a U.S. workplace retirement plan, compared to 66…
An article on two upcoming executive departures at the Ontario Pension Board was the most-read story on BenefitsCanada.com over the last week. Here are the five…
U.S. 401(k) plans that feature automatic enrolment continue to yield higher plan member participation rates (86 per cent) than plans without auto-enrolment (37 per cent),…
The Association of Canadian Pension Management is urging Retraite Québec to streamline its approach to actuarial solvency valuations for pension plans with members outside of…
More than half (58 per cent) of U.S. employees say they’re significantly worried about one or more aspects of their personal finances, including saving for…
The average Canadian pension plan’s funded ratio reached 120 per cent as of March 31, 2023, up one per cent over the quarter, while the average…
The Ontario Pension Board is announcing its plans for managing the coming departures of two of its top executives — Mark Fuller, president and chief…
More than half (54 per cent) of employees without a workplace retirement savings plan — including 77 per cent of millennials — say they’d participate in…
Nearly three-quarters (71 per cent) of Canadian employees feel their mental health has interfered with their ability to work in the past year, according to…
Capital accumulation plan members continued to see an uptick in their plan outcome for the second quarter of 2024, as gross income replacement ratios remained…
Working grandparents who are providing financial support to children and/or grandchildren are risking their own plans for retirement, says Craig Bannon, director of financial planning…
One actuary says social and technological factors are changing the concept of retirement, while another notes the fundamentals remain the same. Michel St-Germain, retired actuary, fellow…
An article on why Canadian workers say job flexibility is key to satisfaction was the most-read story on BenefitsCanada.com this past week. Here are the…
Alberta’s finance and treasury board warned against releasing the official results from a government survey evaluating the interest in a new potential pension plan, according…
Canadian pension plans are facing unforeseen taxation of dividends in European Union countries like Germany and the Netherlands, said the Pension Investment Association of Canada.…
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…
An article highlighting CGI Group’s initiatives for Mental Health Awareness Month was the most-read story on BenefitsCanada.com this week. Here are the top five human…
A Saskatchewan arbitrator has ruled that Canadian Blood Services doesn’t owe an employee eight years of retroactive pension contributions because it took the proper steps…
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…