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Survey finds 59% of gen Z workers have yet to start saving for retirement

More than half (59 per cent) of generation Z workers and a third (31 per cent) of millennials say they have yet to start saving…

  • By: Staff
  • February 3, 2023 February 3, 2023
  • 15:00
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42% of U.S. workers say they’re stressed due to financial health: survey

Two-fifths (42 per cent) of U.S. workers say they’re highly stressed due to their financial health, up from 35 per cent in 2022, according to…

  • By: Staff
  • February 3, 2023 February 3, 2023
  • 09:00

Pension super-priority bill, real return bond cancellation top priorities for PIAC in 2023: new chair

The Pension Investment Association of Canada is prioritizing the protection of employment-based pension coverage in 2023. “Our members are concerned that well-intentioned regulatory changes, such…

City of Whitehorse, Collège nordique francophone joining CAAT DBplus plan

Employees of the City of Whitehorse represented by the Yukon Employees’ Union and N.W.T.-based Collège nordique francophone are joining the Colleges of Applied Arts and…

  • By: Staff
  • January 31, 2023 January 31, 2023
  • 15:00
OSFI launching consultation on climate change risks to pensions, financial institutions

More work to be done by pension plan sponsors on factoring climate into mortality, morbidity assumptions: CIA

While it’s common practice for pension plan sponsors to factor climate risk into investment strategies, there’s more work to be done on factoring climate change…

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

An article on how British Columbia’s amended definition of provision for adverse deviation will impact the province’s target-benefit pension plans was the most-read story on…

  • By: Staff
  • January 27, 2023 January 26, 2023
  • 09:00

New pension plan design offers U.S. public workers retirement benefits, regardless of length of service

A new retirement plan design could allow more public employees in the U.S. to accrue retirement benefits regardless of their length of service, according to…

  • By: Staff
  • January 25, 2023 January 25, 2023
  • 09:00
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64% of U.S. employers increasing investments in employee wellness: survey

Nearly two-thirds (64 per cent) of U.S. employers are planning to increase their spend on employee wellness programs, according to a new survey by Wellable.…

  • By: Staff
  • January 25, 2023 January 24, 2023
  • 09:00

33% of U.S. near-retirees already drawing down social security benefits: survey

A third (33 per cent) of Americans nearing retirement say they’re already drawing down their social security benefits, according to a survey by Allspring Global…

  • By: Staff
  • January 23, 2023 January 23, 2023
  • 09:00
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Domtar, Unifor agreements include pension, benefits gains

The union representing 450 employees at Domtar Corp. in Dryden, Ont. has ratified three collective agreements that include benefits and pension gains. The agreements include…

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B.C.’s amended PfAD to provide more flexibility to target-benefit pension plans: experts

British Columbia’s amended definition of provision for adverse deviation will provide additional flexibility to the province’s target-benefit pension plans, according to experts. The changes to…

Withdrawal of real return bonds could financially impact DB pension plans: CIA

The Canadian Institute of Actuaries is urging the federal government to reconsider its cessation of real return bond issuances, citing the potential financial impacts to…

Acera Insurance merging with Calgary-based Fairfield Watson

Acera Insurance is merging with Fairfield Watson Inc., a Calgary-based consulting firm specializing in employee benefits, insurance and retirement. The new company will retain the Acera…

  • By: Staff
  • January 18, 2023 January 18, 2023
  • 15:00

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…