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Top Stories in Pensions

Employers favouring wage hikes over benefits enhancements amid high inflation: survey

While Canadian employers recognize the value of retirement benefits, the current high inflation environment is driving them to favour wage hikes instead, according to a…

  • By: Staff
  • November 3, 2022 November 1, 2022
  • 09:00
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Expert panel: Tips for DB plan sponsors as interest rates continue to rise

From an economic perspective, the last year has been quite tumultuous. As central banks began raising rates to tame inflation, the loose monetary environment with…

Report finds U.S. DB pension plan sponsors facing increasing annuity buyout costs

Defined benefit pension plan sponsors in the U.S. are facing increasing costs when de-risking through annuity buyouts, according to a new report by consulting firm…

  • By: Staff
  • November 1, 2022 October 31, 2022
  • 09:00

Half of U.S. employees say they’ve stopped or reduced retirement savings amid rising inflation: survey

Around half (54 per cent) of U.S. employees say they’ve stopped or reduced retirement savings due to inflation, according to a new survey by Allianz…

  • By: Staff
  • October 28, 2022 October 28, 2022
  • 15:00
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Top 5 HR, benefits, pension and investment stories of the week

A pair of articles on Benefits Canada‘s 2022 Workplace Benefits Awards winners were among the most-read stories on BenefitsCanada.com over the last week. Here are the five…

  • By: Staff
  • October 28, 2022 October 28, 2022
  • 09:00

Equitable Bank recognized for comprehensive financial wellness program

Equitable Bank’s comprehensive financial literacy seminars led to a win in the Financial wellness category at Benefits Canada’s 2022 Workplace Benefits Awards on Oct. 18. During the coronavirus…

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Report urges DC pension plan sponsors to focus on decumulation

Capital accumulation plan sponsors need to focus on providing lifetime retirement income for plan members amid the growth of decumulation solutions such as advanced life…

  • By: Staff
  • October 25, 2022 October 25, 2022
  • 15:00
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PIAC reiterates objections to pension super-priority bill

The Pension Investment Association of Canada is reiterating its concerns about Bill C-228, which was designed to protect members of defined benefit pension plans during…

  • By: Staff
  • October 25, 2022 October 24, 2022
  • 10:11

Sounding Board: Shifting from retirement planning to longevity planning

In conversations with pre-retirees, retirees and industry professionals, there’s a growing recognition that retiring is often the easy part — it’s figuring out what they’re…

  • By: Mike Drak
  • October 25, 2022 October 24, 2022
  • 09:00

LifeLabs wins award for holistic, flexible well-being strategy

LifeLabs Inc.’s holistic well-being strategy led to its win in the Coronavirus and benefits category for an employer with more than 1,000 employees at Benefits Canada‘s…

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

An article about an open letter that highlighted how proposed amendments to the federal Bankruptcy and Insolvency Act could have a positive impact on defined benefit…

  • By: Staff
  • October 21, 2022 October 21, 2022
  • 09:00
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ACPM advises CAPSA against one-size-fits-all approach to ESG, cybersecurity risk management

The Association of Canadian Pension Management is advising the Canadian Association of Pension Supervisory Authorities to take a less prescriptive approach in its proposed guidelines…

  • By: Staff
  • October 21, 2022 October 20, 2022
  • 09:00

Curbing inflation may take up to 18 months: expert

It may take up to 18 months for central banks policies to curb inflation to around two per cent on an annual basis, says Julianna…

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…