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76% of U.S. DC pension plan sponsors offering auto-enrolment: survey

Three-quarters (76 per cent) of U.S. defined contribution pension plan sponsors say their plan offers automatic enrolment, according to a new survey by investment consulting…

  • By: Staff
  • March 31, 2023 March 30, 2023
  • 09:00

Top 5 HR, benefits, pension and investment stories of the week

An article on a 2023 budget proposal to require employers to report dental coverage as part of the national dental-care program was the most-read story…

  • By: Staff
  • March 31, 2023 March 30, 2023
  • 09:00
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What’s in the federal budget for DB pension plans, institutional investors?

The 2023 federal budget, which was announced on Tuesday, includes several initiatives related to defined benefit pension plans and the broader institutional investment sector. The…

  • By: Staff
  • March 30, 2023 March 30, 2023
  • 12:00
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Manitoba, NL to sign onto agreement for multi-jurisdictional pension plans

Manitoba and Newfoundland and Labrador are signing the 2020 agreement respecting multi-jurisdictional pension plans, effective July 1, 2023. The agreement, which was introduced in June…

  • By: Staff
  • March 30, 2023 March 29, 2023
  • 09:00
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Sounding Board: How employers can use benefits, DEI to draw gen Z workers to skilled trades

Even before the coronavirus pandemic, employers were predicting challenges around meeting the demands of unfilled roles in the skilled trades. For the last decade, the…

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Enhanced national dental plan to require reporting of employer-provided coverage: budget

In its 2023 budget on Tuesday, the federal government proposed roughly $13 billion over the next five years and $4.4 billion ongoing to fully implement…

  • By: Staff
  • March 29, 2023 March 29, 2023
  • 09:00
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CAAT raising DBplus pension factor for calculating benefit payments in 2025

The Colleges of Applied Arts and Technology pension plan is increasing the pension factor used in its calculation of defined benefit payments from its DBplus…

Gesco, Unifor agreement includes retirement, paid leave gains

The union representing employees at Ontario-based flooring company Gesco Ltd. Partnership has ratified a three-year collective agreement that includes retirement and paid leave gains. The…

  • By: Staff
  • March 27, 2023 March 24, 2023
  • 09:00
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Biden vetos resolution to bar ESG investing in state pensions

A resolution to reverse a rule allowing U.S. pension investors to consider environmental, social and governance criteria has been blocked by President Joe Biden. “It…

  • By: Staff
  • March 23, 2023 March 22, 2023
  • 12:30

PIAC praising CAPSA’s strategic plan for addressing regulatory inconsistency

The Pension Investment Association of Canada is praising the Canadian Association of Pension Supervisory Authorities for addressing the regulatory inconsistencies facing Canada’s defined contribution pension…

  • By: Staff
  • March 23, 2023 March 23, 2023
  • 12:30

Median 401(k) balance 65% lower for women compared to men: survey

The median 401(k) account balance for women is 65 per cent lower compared to men, according to a new survey by T. Rowe Price. The survey,…

  • By: Staff
  • March 23, 2023 March 22, 2023
  • 09:00

B.C. court dismisses appeal, upholds pension plan’s decision to increase retirement age

A British Columbia court has dismissed an appeal of a Supreme Court of B.C. decision that upheld the B.C. Credit Union Employers’ Pension Plan’s choice…

  • By: Staff
  • March 21, 2023 March 20, 2023
  • 09:00

Top 5 HR, benefits, pension and investment stories of the week

An article on how working mothers are struggling with work-life balance was the most-read story on BenefitsCanada.com over the last week. Here are the five most…

  • By: Staff
  • March 17, 2023 March 16, 2023
  • 09:00

CAP member outcomes continue to increase in Q2 2024: report

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…

  • By: Staff
  • August 14, 2024 August 14, 2024
  • 15:00

How employers can support working grandparents’ financial wellness, retirement readiness

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…

Head to head: Is it time to retire the term ‘retirement?’

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…

Top 5 HR, benefits, pension and investment stories of the week

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…

  • By: Staff
  • August 16, 2024 August 15, 2024
  • 09:00

Alberta officials advised against releasing CPP exit survey results: report

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…

  • By: Staff
  • August 14, 2024 August 16, 2024
  • 15:00

Canadian pension plans facing unexpected taxes in EU countries: PIAC

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.…

  • By: Staff
  • August 13, 2024 August 12, 2024
  • 09:00

2024 Top 100 Pension Funds report: Employees’ financial wellness moving up the agenda for pension plan sponsors

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…

Top 5 HR, benefits, pension and investment stories of the week

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…

  • By: Staff
  • May 24, 2024 May 23, 2024
  • 09:00

Saskatchewan arbitrator sides with Canadian Blood Services in pension contributions case

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…

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…

Desjardins using budget workshops, interactive game to support employee financial wellness

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…

  • By: Sadie Janes
  • November 24, 2023 November 23, 2023
  • 09:00

2023 Healthy Outcomes Conference: A closer look at the mental, physical, financial risk factors facing plan members

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…