Forget the buzz around new target-benefit legislation. Multi-employer pension plans were here first, starting about 50 years ago. Particularly common in unionized, mobile workforces such…
The union representing government employees in Ontario is siding with auditor general Bonnie Lysyk in a $10.7-billion accounting dispute with the Liberal government. The disagreement…
Fifteen leaders representing all sectors have been named to the National Steering Committee on Financial Literacy, including the Canada Pension Plan Investment Board’s Michel Leduc…
Between 2000 and 2013, fewer and fewer 25- to 54-year-olds used registered retirement savings plans, a study from Statistics Canada has found. The number of…
At a time when 11 million Canadians don’t have a workplace pension plan, it makes good sense for those who do to learn about their…
2017 is a big year for Benefits Canada as the publication celebrates its 40th anniversary. Over the years, the magazine’s activities have expanded to include…
As Canada’s population ages and concerns about retirement income adequacy mount, employers will need to not only reassess their pension and benefits programs but also…
Despite the federal government’s plan to move ahead with reforms to the Canada Pension Plan, a recent survey by Aon Hewitt has found only 35…
Two new legislative requirements in Ontario will have an impact on pension plan communication in 2017. First, as of Jan. 1, 2017, organizations of all…
2016 was certainly an interesting year for the pension and investment industries. It was a year of political moves that rocked stock markets, a number…
Federal authorities allege that a former official at the pension fund for New York state public employees took bribes that included prostitutes, strippers, cocaine and a…
We’ve all heard over and over again that Canadians spend more than they earn, a trend that has been around for a couple of generations.…
Despite the fact that 59 per cent of generation Xers have saved some of their income for retirement in 2016, just 35 per cent of…
Nearly 60 top influencers in the benefits, pension and investment industries gathered for a luncheon at the Arcadian Court in Toronto on Oct. 20 to…
When staffers on the comedy show Last Week Tonight joined a new 401(k) plan, they were set to pay 1.69 per cent in administrative expenses,…
Nearly a third (29 per cent) of Canadians are distracted at work as a result of their personal financial situation, according to Sun Life Financial’s…
While it may be true that there’s nothing new under the sun in the pension world, target-benefit plans may prove the exception. In the traditional…
The Ontario government spent $793,925 on new advertising out of the budget for the Ontario Retirement Pension Plan after cancelling the program, according to documents…
Domtar Corp. hosted its first total reward week at its Canadian head office in Montreal at the end of September to help employees understand their…
With November marking Canada’s financial literacy month, now is a great time for employers to address the need for financial education in the workplace, says…
Despite pension administrators’ best efforts, missing members are a significant challenge for many plans. With no standardized method for searching for them, plans tend to…
Although rising costs for pension and benefits plans continue to be a concern for employers, many plan sponsors are finding ways to address the challenges…
Convergint Technologies is hosting what it calls a No Spender November effort this month to encourage its employees to be more aware about their individual…
The federal government is appealing a B.C. court ruling in a dispute over whether the British Columbia Investment Management Corp. (bcIMC) owes it more than…
All of Canada’s members of Parliament and the entire cabinet will be forced to make retroactive payments into their pension plans following technical glitches in…