The decision to favour contributors to Italy’s defined benefit pension plan during its transition to a defined contribution model favours early retirees and disadvantages younger…
Despite the coronavirus pandemic’s impact on the U.S. not-for-profit sector in 2020, employees participated in 403(b) retirement plans at the highest level since tracking began…
In his first public statement on Alberta Investment Management Corp.’s investment strategy, the organization’s new chief executive officer says the AIMCo won’t have a policy…
The U.S. Department of Labor is proposing new rules that would give pension plan fiduciaries the ability to make investment decisions based on environmental, social…
A Toronto-based seafood market is using its benefits and compensation offerings to engage employees in an industry hit particularly hard by the coronavirus pandemic. David…
Benefits Canada is thrilled to announce the winners of the 2021 Workplace Benefits Awards. At a virtual roundtable and awards ceremony on Thursday, 23 finalists gathered to discuss their leading benefits and…
A look at a survey finding employees are prioritizing workplace benefits plans amid an increasingly competitive job market took the top spot as the most-read story…
While renovation shows on television tend to take a sledgehammer to every surface in a house for dramatic effect, there’s another way. Defined contribution pension…
The selection of a target-date fund glide path is more crucial than ever as the migration from DB to DC pension plans continues. Since its…
The old adage “good things come to those who wait” is especially true of Canada and Quebec Pension Plan benefits. A $1,000 monthly CPP/QPP benefit…
Collective defined contribution pension plans could begin to replace DC plans, just as DC plans have replaced the majority of defined benefit plans in recent…
With many employers currently planning where employees will work post-coronavirus pandemic, our story on the Royal Bank of Canada’s hybrid work model piqued the interest…
Nearly half (44 per cent) of employers that offer retirement benefits said employee productivity has been better than normal over the past year, compared to…
An article on how the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline will impact plan sponsors and members was the most-read story…
While the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline contains several key updates with regard to plan sponsor and member responsibilities,…
In 2023, the world’s 300 largest pension funds’ assets under management increased by 10 per cent to US$22.6 trillion, compared to $20.6 trillion at the…
The International Centre for Pension Management is celebrating 20 years of promoting strong pension governance practices by regularly engaging plan sponsor members, says Sebastien Betermier, the organization’s…
With many Canadian defined benefit pension plans in a strong funded position, plan sponsors, particularly those with unionized workforces, are increasingly discussing the use of…
The federal government is currently seeking recommendations about its plan to introduce solvency reserve accounts for federally regulated defined benefit pension plans. Under the government’s…
From 2016 to 2024, fewer plan members are confident they’ve saved enough for retirement. Indeed, Benefits Canada’s 2024 CAP Member survey found plan members’ optimism…
Going through a divorce can be an extremely stressful and emotional experience and, unsurprisingly, the impacts can spill into the workplace. “[Employees may be] at…
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…
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…