Latest news in Other

Why semi-retirement is the future

Why semi-retirement is the future

The baby boomers, of which I am one, are famous for having distorted just about every market they have touched. Housing was perhaps the first…

Unifor and Fiat Chrysler agreement includes benefits and pension changes

Unifor and Fiat Chrysler agreement includes benefits and pension changes

Fiat Chrysler Automobiles has reached a tentative agreement with Unifor that includes increasing wages and benefits for the union’s members in line with an economic…

  • By: Staff
  • October 11, 2016 September 13, 2019
  • 10:35
Nearly 80% of education spending went to pensions, benefits, pay: report

Nearly 80% of education spending went to pensions, benefits, pay: report

The majority of public education spending in Canada between 2004 and 2015 went to pensions, benefits and wages, a new report by the Fraser Institute…

  • By: Staff
  • October 7, 2016 September 13, 2019
  • 09:05
The RRSP celebrates 60 years

The RRSP celebrates 60 years

The registered retirement savings plan is fast approaching its 60th birthday. There have been many changes over that period and Canadians’ contributions have ebbed and…

‘Fourth-pillar’ assets improve outlook for Canadian retirement readiness

‘Fourth-pillar’ assets improve outlook for Canadian retirement readiness

When considering claims that Canadians lack adequate savings for retirement, it’s crucial to ask whether “fourth-pillar” assets have been fully considered in reaching this conclusion,…

  • By: Staff
  • October 3, 2016 September 13, 2019
  • 09:06
Retirement planning leads growth in life, health insurance: CLHIA

Retirement planning leads growth in life, health insurance: CLHIA

Most of the growth in the Canadian life and health insurance industry in 2015 came from the pensions and retirement market, the Canadian Life and…

Great-West Life rolls out financial wellness pilot project

Great-West Life rolls out financial wellness pilot project

Great-West Life is piloting an online financial program with about 5,000 plan members aimed at improving their financial outcomes. The program, called Wayfinder, allows plan…

  • By: Staff
  • September 21, 2016 September 13, 2019
  • 08:47
Public service jobs appealing to majority of Canadians: survey

Public service jobs appealing to majority of Canadians: survey

Public service employers that offer job stability, workplace flexibility and technological resources are likely to attract new talent, according to a new survey by global…

  • By: Staff
  • September 14, 2016 September 13, 2019
  • 09:30
Release of pension info the focus of court battle between rival unions

Release of pension info the focus of court battle between rival unions

A case centred on the ability to access actuarial documents filed with the Ontario pension regulator may soon be heading to the Ontario Court of…

  • By: Jann Lee
  • September 8, 2016 September 13, 2019
  • 08:50
Labour deal lets Canada Post workers keep DB plan for at least two more years

Labour deal lets Canada Post workers keep DB plan for at least two more years

The stop-gap deal between Canada Post Corp. and the Canadian Union of Postal Workers includes maintaining the defined benefit pension plan for all current and…

The CRA’s take on some of the more common employer-paid benefits

The CRA’s take on some of the more common employer-paid benefits

Canada’s Income Tax Act is generally not a place people turn to for easy answers, so figuring out whether benefits provided to employees are taxable…

PRPPs continue to languish as provinces vary in enthusiasm for new option

PRPPs continue to languish as provinces vary in enthusiasm for new option

Throughout 2012, Ted Menzies, then the federal minister of state for finance tasked with the development of pooled registered pension plans, consistently proclaimed they were…

Postal workers delay possible job action for 24 hours as contract talks continue

Postal workers delay possible job action for 24 hours as contract talks continue

As negotiations continue between Canada Post and the Canadian Union of Postal Workers, the strike action that was to start from midnight on Sunday has…

Canada Post should be exempt from solvency testing, union argues

Canada Post should be exempt from solvency testing, union argues

Talks between Canada Post and the Canadian Union of Postal Workers have stalled once again, hours before the union’s strike mandate expires at midnight. “If…

Have your say: Was the decision to revert OAS eligibility to age 65 a good move?

Have your say: Was the decision to revert OAS eligibility to age 65 a good move?

Was the government’s decision to restore eligibility for old-age security to age 65 the correct choice? Tabled in March, the federal budget cancelled provisions in…

  • By: Staff
  • August 22, 2016 September 13, 2019
  • 14:34
Settlement puts end to litigation against U.S. pension fund

Settlement puts end to litigation against U.S. pension fund

Following a settlement reached by the parties, the United States District Court for the District of Columbia has dismissed the U.S. Department of Labour’s lawsuit against…

  • By: Staff
  • August 3, 2016 September 13, 2019
  • 12:29
Sun Life boosts Hong Kong presence through pension acquisition

Sun Life boosts Hong Kong presence through pension acquisition

Sun Life Financial Inc. is boosting its presence in Hong Kong through the acquisition of the pension business of FWD Life Insurance Co. Ltd. “Expanding…

  • By: Staff
  • August 3, 2016 September 13, 2019
  • 10:51
75-year-old retiree finds ‘real joy’ in returning to Sun Life as an intern

75-year-old retiree finds ‘real joy’ in returning to Sun Life as an intern

Robert De Niro may have changed the way Sun Life Financial Inc. looks at its intern program. “One rainy day a few months ago, I…

Have your say: Were the ORPP costs reasonable?

Have your say: Were the ORPP costs reasonable?

Do you agree with Ontario spending $70 million on the now-abandoned Ontario Retirement Pension Plan? Last week, the provincial government released the costs for the…

  • By: Staff
  • August 2, 2016 September 13, 2019
  • 11:06
How can employers prepare for the CPP expansion?

How can employers prepare for the CPP expansion?

Employers should start reviewing their current retirement plans to prepare for the 2019 expansion of the Canada Pension Plan, according to a Willis Towers Watson…

  • By: Staff
  • July 29, 2016 September 13, 2019
  • 09:00
Membership in pension plans increased 1.2% in 2014: Statistics Canada

Membership in pension plans increased 1.2% in 2014: Statistics Canada

The number of workers in Canada who were members of a registered pension plan increased to more than six million people in 2014, according to…

  • By: Staff
  • July 29, 2016 September 13, 2019
  • 09:00
Severance payments criticized as Ontario puts ORPP spending at $70M

Severance payments criticized as Ontario puts ORPP spending at $70M

The Ontario government spent up to $70 million on developing the now-abandoned Ontario Retirement Pension Plan, according to new figures released by the province. The…

Pension changes among issues in consultations on GST rules

Pension changes among issues in consultations on GST rules

The federal Department of Finance has released draft legislative and regulatory proposals dealing with the goods and services tax issues that apply to pension plans. The proposals…

  • By: Staff
  • July 28, 2016 September 13, 2019
  • 09:14
Grads optimistic about jobs despite freelance economy, study finds

Grads optimistic about jobs despite freelance economy, study finds

Despite all of the talk about precarious job prospects for young people, a new survey has found a large number of those in or just…

OPSEU appoints pension analyst to OPTrust’s board

OPSEU appoints pension analyst to OPTrust’s board

OPSEU has appointed Giulia Volpe to OPTrust’s board of trustees. Volpe is a pension analyst with the Ontario Pension Board in Toronto. She has more…

  • By: Staff
  • July 22, 2016 September 13, 2019
  • 15:15