Pension plan – Benefits Canada.com https://uat-cumulus.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 16 Jan 2025 20:41:36 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Majority of Canadian workers willing to take less pay for a workplace pension plan: survey https://uat-cumulus.benefitscanada.com/news/bencan/majority-of-canadian-workers-willing-to-take-less-pay-for-a-workplace-pension-plan-survey/ Fri, 18 Jun 2021 19:00:37 +0000 https://www.benefitscanada.com/?p=102362 A majority (70 per cent) of Canadians say they’re willing to forgo a higher salary in exchange for a workplace pension plan, according to a new survey for the Healthcare of Ontario Pension Plan by Abacus Data. The survey, which polled more than 2,000 Canadian adults in April, signals an opportunity for employers to build […]

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]]> The Royal Mail Group’s road to offering U.K. employees a collective DC plan https://uat-cumulus.benefitscanada.com/news/bencan/the-royal-mail-groups-road-to-offering-u-k-employees-a-collective-dc-plan/ Fri, 19 Mar 2021 04:51:09 +0000 https://www.benefitscanada.com/?p=96493 The Royal Mail Group Ltd. will soon make history in the United Kingdom by becoming the first employer to sponsor an entirely new type of pension plan, called a collective defined contribution scheme. Under the U.K.’s Pension Schemes Act 2021, which received royal assent in February, collective DC pensions will essentially be a hybrid of […]

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]]> Alberta Teachers’ Association planning legal challenge to pension order https://uat-cumulus.benefitscanada.com/news/alberta-teachers-association-planning-legal-challenge-to-pension-order/ Mon, 01 Feb 2021 06:04:24 +0000 https://cumulus.benefitscanada.com/uncategorized/alberta-teachers-association-planning-legal-challenge-to-pension-order/ The Alberta Teachers’ Association says it’s taking legal action against a ministerial order enacted on several pension plans in the province in late December. In a press release, the association said its provincial executive council voted unanimously this week to file a lawsuit, acting on legal advice that identified an avenue for a challenge to […]

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]]> Mercer Canada report says rally in stocks helped strengthen pension plans to end year https://uat-cumulus.benefitscanada.com/canadian-investment-review/db-investments/mercer-canada-report-says-rally-in-stocks-helped-strengthen-pension-plans-to-end-year/ Tue, 05 Jan 2021 06:28:59 +0000 https://cumulus.benefitscanada.com/uncategorized/mercer-canada-report-says-rally-in-stocks-helped-strengthen-pension-plans-to-end-year/ A rally on the stock market in the fourth quarter helped boost the strength of Canadian defined benefit pension plans to end the year, a report by Mercer Canada said Monday. The consulting firm said its pension health index, which represents the solvency ratio of a hypothetical defined benefit pension plan, rose to 114 per […]

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