July consumer price index hits 3.7 per cent: StatCan
Canada’s consumer price index rose by more than half a per cent in July, reaching 3.7 per cent on a year-over-year basis, according to Statistics…
- By: Staff
- August 26, 2021 August 26, 2021
- 11:00
Top Stories in Pensions
Conservatives, NDP pension promises include super-priority for members
As part of the federal Conservative Party’s platform for the coming election, Leader Erin O’Toole is proposing a plan to secure pensions for Canadian workers.…
- By: Staff
- August 25, 2021 August 25, 2021
- 09:00
NL Supreme Court rules for pension member super-priority for normal costs in bankruptcies
Pension plan members have super-priority when it comes to normal costs but not to special costs owed to bankrupted plans, the Supreme Court of Newfoundland…
- By: Gideon Scanlon
- August 19, 2021 August 20, 2021
- 11:30
Positive DC plan investment outlook, returns may fuel early retirements: report
After the market rollercoaster ride of 2020, investors’ expectations have shifted considerably, and many are now looking for returns of 10.6 per cent above inflation…
- By: Staff
- August 17, 2021 August 17, 2021
- 09:00
CPPIB assets crosses $500BN mark: report
The Canada Pension Plan Investment Board’s net assets passed the $500 billon mark after earning 3.5 per cent returns in its first quarter of 2021.…
- By: Staff with files from Canadian Press
- August 17, 2021 August 16, 2021
- 09:00
Willis Towers Watson selling Willis Re to Gallagher for US$3.25BN
Willis Towers Watson is selling its global reinsurance business, Willis Re, to Arthur J. Gallagher & Co. for US$3.25 billion. The transaction is set to…
- By: Staff
- August 16, 2021 August 16, 2021
- 09:00
Ontario Medical Association introducing new pension annuity offering
The Ontario Medical Association is helping its members save for retirement with a new guaranteed lifetime income annuity. Kayte Fredrickson, vice-president of insurance for the…
- By: Blake Wolfe
- August 16, 2021 August 16, 2021
- 09:00
FSRA seeking input on draft guidance for communication of pension enforcement actions
The Financial Services Regulatory Authority of Ontario is seeking feedback on proposed guidance detailing how and when it publishes information about enforcement proceedings and investigations,…
- By: Staff
- August 13, 2021 August 12, 2021
- 09:05
Court of appeal decision highlights importance of clear pension communications
A recent Saskatchewan Court of Appeal decision illustrates the importance of clear communications from pension administrators seeking to avoid liability from lawsuits by claimants alleging…
- By: Julius Melnitzer
- August 13, 2021 August 13, 2021
- 09:01
Editorial: Pandemic just the latest challenge facing retirement readiness
Last year, Benefits Canada hosted its 2020 CAP Member Survey webinar just a few weeks after the World Health Organization declared the global coronavirus pandemic.…
- By: Jennifer Paterson
- August 13, 2021 August 11, 2021
- 09:00
2021 Consultants Report: Pandemic changing plan sponsor, consultant relationships
The past year and a half has been characterized by marked change. The move to remote work, industry layoffs and the desire for more robust…
- By: Leah Golob
- August 13, 2021 August 11, 2021
- 08:56
2021 CAP Member Survey: How are CAP members faring during coronavirus?
For the past 15 years, Benefits Canada’s CAP Member Survey has taken the pulse of capital accumulation plan members’ retirement readiness, their knowledge, confidence and…
- By: Jennifer Paterson
- August 13, 2021 August 11, 2021
- 08:55
More standards required for pension funds using ESG data, indices and scores
Michel Charron has had a front-row seat for the revolution in the Canadian investment industry’s approach to environmental, social and governance issues. Following the foundation…
- By: Michael McKiernan
- August 13, 2021 August 12, 2021
- 08:54
Top 5 HR, benefits, pension and investment stories of the week
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…
- By: Staff
- September 27, 2024 September 26, 2024
- 09:00
How CAPSA’s updated CAP guideline will impact plan sponsors, members
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,…
- By: Blake Wolfe
- September 24, 2024 September 24, 2024
- 09:00
Report finds world’s 300 largest pension funds’ AUM increased 10% in 2023
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…
- By: Staff
- September 18, 2024 September 18, 2024
- 09:00
ICPM celebrating 20 years of promoting strong pension governance practices
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…
- By: Bryan McGovern
- October 1, 2024 September 30, 2024
- 11:00
How are Canadian DB pension plan sponsors making use of surplus funds amid positive funded status environment?
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…
- By: Bryan McGovern
- September 26, 2024 September 25, 2024
- 11:00
Feds seeking feedback on solvency reserve accounts for federally regulated DB pension plans
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…
- By: Staff
- September 26, 2024 September 30, 2024
- 11:00
2024 CAP Member Survey: How CAPs are supporting employee financial wellness amid growing economic uncertainty
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…
- By: Blake Wolfe
- September 13, 2024 September 12, 2024
- 08:56
How plan sponsors can support employees going through a divorce
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…
- By: Kelsey Rolfe
- September 13, 2024 September 12, 2024
- 08:54
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…
- By: Michael McKiernan
- June 21, 2024 June 20, 2024
- 08:55
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…
- By: Sadie Janes
- December 4, 2023 December 1, 2023
- 09:00
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…
- By: Kelsey Rolfe
- November 20, 2023 November 15, 2023
- 07:58