Staff | December 10, 2019 When central banks took on the challenge of saving a drowning global economy during the 2008 financial crisis, pension plans appeared to have plenty to be thankful for. However, as the...
Kelsey Rolfe | December 9, 2019 More than half of Canadians say they’ve witnessed at least one instance of inappropriate sexual behaviour at work, according to a new report by Statistics Canada. The report on gender-based violence and...
Staff | December 9, 2019 Domtar Corp. is entering into an agreement with Sun Life Financial for a group annuity buyout. The transactions will transfer about $360 million in obligations and related assets from the paper mill...
Kelsey Rolfe | December 9, 2019 The Manitoba government has proposed changes to the provincial Pension Benefits Act that will allow the creation of in-plan solvency reserve accounts for defined benefit pension plans registered in the...
Staff | December 6, 2019 In 2020, Canadian employees are looking for more than just strong compensation, with 76 per cent of respondents citing at least three weeks of vacation, followed by health and dental packages (52...
Kelsey Rolfe | December 6, 2019 The British Columbia Human Rights Tribunal has dismissed a complaint from a Molson Coors Beverage Co. retiree who alleged the company’s employee benefits plan was discriminatory on the basis of age. The...
Staff | December 6, 2019 As pension regulators move forward with legislation permitting annuity options for certain capital accumulation plans, the Canadian Life and Health Insurance Association is calling on the federal government to make flexible annuities...
Staff | December 6, 2019 The Canada Pension Plan Investment Board is investing up to US$600 million through India’s National Investment and Infrastructure Fund’s master fund. The agreement commits the CPPIB to investing US$150 million in the master...
Staff | December 5, 2019 While 54 per cent of Canadian employees said they prefer a bonus as a holiday reward, just 15 per cent said they expect to receive one this year, according to a new...
Julius Melnitzer | December 5, 2019 The Alberta Court of Appeal has upheld a $267,017 award to a pensioner for negligent misrepresentation after the Alberta Pensions Services Corp. provided mistaken estimates of the pensioner’s retirement benefits....