In its first budget, presented on March 22, the federal government announced it would launch consultations in the coming months to give Canadians an opportunity to share…
As confirmed last week, the federal budget has restored the age of eligibility for old-age security to 65, a move some in the industry are questioning.…
In its 2016 budget, the federal government proposed changes to the agreement powers of the Pension Benefits Standards Act. The changes, according to the budget document,…
Aon has launched a total rewards system aimed at small- and medium-sized Canadian companies. The integrated online portal, Aon Choice, is underwritten by Desjardins Insurance.…
Of the 114 multinational companies that participated in the last Mercer global benefits governance survey, 84 per cent of respondents said they believed their existing…
The United Steelworkers union was in court once again Thursday in a bid to boost the claims of pensioners amid the ongoing restructuring of U.S. Steel…
According to the results of a recent survey by the International Foundation of Employee Benefit Plans the top challenge with benefits plan communication is getting participants to…
As fixed income markets go, the Canadian market is relatively small. Canadian government bonds comprise less than 3% of overall issuance from G7 countries, while Canadian…
Some 71% of U.K. retirees said they started planning for retirement in advance, including 48% who started planning a long time before they retired, according to…
Though millennials have become the largest cohort in the Canadian workplace, many of those born in the 1980s and 1990s don’t have a good grasp…
A new study by pension provider Royal London suggests some British workers will have to work until they are 81 if they want to build up…
Nearly three-quarters of Canadian employees believe they are facing a less comfortable retirement than their parents, according to new research by Willis Towers Watson. The…
Alliance Home Healthcare has been ordered by a federal judge to repay a total of US$1,736,339 to its profit-sharing plan. An investigation by the U.S.…
Canadian retirees are living on 62% of the income they had before retiring, according to a new report. The Sun Life Financial Retirement Now Report…
The Canada Pension Plan will be enhanced in 2016, says federal Finance Minister Bill Morneau. “Our goal is to work together with all provinces and…
The vast majority (92%) of pension funds are planning to upgrade their governance model over the next 12 months, according to new research by State…
The value of retirement assets of Canadians aged between 55 and 64 without an employer pension is “wholly inadequate” at an overall median value of just…
Employee benefits consulting and brokerage firm Gallagher has appointed Henry Toby as senior vice president of group benefits and retirement for the Ontario region. In…
Manulife Financial saw a 62% drop in fourth-quarter profit, largely from losses in its oil and gas investments, according to a report published Thursday. The Toronto-based company…
Following the appointment of a new CIO in January and a reshuffling of its investment team last week, the Ontario Teachers’ Pension Plan has made…
The CPP fund ended 2015 with net assets of $282.6 billion, compared to $272.9 billion at the end of the previous quarter, according to the latest…
Protesting farmers says they’re planning to camp outside parliament and hold a 48-hour protest against planned pension reforms. Farmers from around 70 highway and road blockades…
A major Brazilian daily said Tuesday that the Rio de Janeiro state governor wants to use money earmarked for an environmental fund to cover shortfalls…
One of North America’s biggest makers of aluminum foil is seeking bankruptcy protection to restructure, citing falling aluminum prices and other market challenges that also…
In recent years, pension plan sponsors were optimistic about upcoming de-risking activity. In a Towers Watson (now Willis Towers Watson) survey conducted in the summer…