News Briefs

Sun Life supports MEPPs; Manitoba to increase H&S fines; Quebec, Nova Scotia offer pension relief
|Canadian HR Reporter|Last Updated: 01/11/2010

Sun Life supports MEPPs

Toronto — The federal government should endorse multi-employer pension plans (MEPPs) as a way to ensure more Canadians are saving enough for retirement, said the president of insurance giant Sun Life Financial Canada. Millions of Canadians are not saving for retirement and millions of those who are still aren’t saving enough, Dean Connor told the Economic Club of Canada in December. MEPPs with automatic enrolment, automatic escalation and an opt-out clause would go a long way to addressing this problem, he said.

Manitoba to increase H&S fines