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Top Stories in Pensions

Aggregate funded percentage of U.S. MEPPs on the decline: report

The aggregate funded percentage of U.S. multi-employer pension plans dropped to 79 per cent in 2022, from 91 per cent in 2021, according to a…

  • By: Staff
  • March 9, 2023 March 9, 2023
  • 12:00
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Watchdog accusing CPPIB of greenwashing acquisition of oil company

Shift Action for Pension Wealth and Planet Health is describing the Canada Pension Plan Investment Board’s acquisition of a significant stake in one of California’s largest…

  • By: Staff
  • March 9, 2023 March 9, 2023
  • 12:00

Demand for international pension, savings plans on the rise: survey

Demand for international pensions and savings vehicles is continuing to grow as employers try to optimize their benefits packages for different groups within their global…

  • By: Staff
  • March 9, 2023 March 7, 2023
  • 09:00

Government advisory group urges Canada to develop sustainable finance taxonomy

A new report is calling on Canada to develop a sustainable finance taxonomy in order for it to reach its carbon emissions targets. “Many countries…

  • By: Staff
  • March 7, 2023 March 7, 2023
  • 12:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on a private member’s bill prohibiting the Canada Pension Plan Investment Board from making certain investments was the most-read story on BenefitsCanada.com over…

  • By: Staff
  • March 3, 2023 March 2, 2023
  • 09:00
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College of Family Physicians of Canada pension plan joining the CAAT’s DBplus

The College of Family Physicians of Canada pension plan is joining the Colleges of Applied Arts and Technology pension plan’s DBplus. “As a result of…

  • By: Staff
  • March 2, 2023 March 3, 2023
  • 11:45

MVF supporting employees’ financial wellness needs through new cost-of-living benefit

MVF is supporting its multinational workforce amid rising inflation with a new cost-of-living benefit. The U.K.-based marketing company introduced the new benefit last October, after…

RSA U.K. Pension Trustees entering £6.5BN annuity buy-in

RSA U.K. Pension Trustees, a subsidiary of Intact Financial Corp., is de-risking roughly £6.5 billion in U.K. defined benefit pension liabilities with an annuity buy-in. The…

  • By: Staff
  • March 1, 2023 February 28, 2023
  • 09:00

Expert panel: Air Canada decision illustrates danger of relying on pension plan terms in wrongful dismissal actions

A recent court decision in Ontario illustrates the potential danger for employers that attempt to rely on pension plan terms to refute claims for pension-related…

Mosaic, Unifor agreement includes pension, paid leave gains

The union representing 750 mining workers at Mosaic Potash Esterhazy Ltd. in Esterhazy, Sask. has ratified a four-year collective agreement that includes pension and benefits…

  • By: Sadie Janes
  • February 28, 2023 February 28, 2023
  • 09:00
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Private member’s bill prohibiting certain CPPIB investments survives first reading

A private member’s bill prohibiting the Canada Pension Plan Investment Board from making certain investments survived its first reading in the House of Commons. Bill…

  • By: Staff
  • February 27, 2023 February 27, 2023
  • 15:00

DB pension plans with overlay strategies finding flexibility after OSFI’s going-concern discount rate clarification: expert

Defined benefit pension plan sponsors using overlay strategies will gain more flexibility amid rising inflation now that the Office of the Superintendent of Financial Institutions…

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…