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Biden vetos resolution to bar ESG investing in state pensions

A resolution to reverse a rule allowing U.S. pension investors to consider environmental, social and governance criteria has been blocked by President Joe Biden. “It…

  • By: Staff
  • March 23, 2023 March 22, 2023
  • 12:30

PIAC praising CAPSA’s strategic plan for addressing regulatory inconsistency

The Pension Investment Association of Canada is praising the Canadian Association of Pension Supervisory Authorities for addressing the regulatory inconsistencies facing Canada’s defined contribution pension…

  • By: Staff
  • March 23, 2023 March 23, 2023
  • 12:30
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Employers can’t rely on original termination clauses when employee responsibilities increase: court

The Ontario Court of Appeal has ruled that employers can’t rely on termination clauses when employees’ duties have escalated significantly after they signed their original…

Median 401(k) balance 65% lower for women compared to men: survey

The median 401(k) account balance for women is 65 per cent lower compared to men, according to a new survey by T. Rowe Price. The survey,…

  • By: Staff
  • March 23, 2023 March 22, 2023
  • 09:00

62% of Canadian employers say they aren’t making changes to benefits in 2023: survey

Nearly two-thirds (62 per cent) of Canadian employers say they aren’t making changes to their benefits plans in 2023, according to a new survey by…

  • By: Staff
  • March 23, 2023 March 22, 2023
  • 09:00
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U.S. bank failures have minimal impact on public pension plans: experts

When two U.S. banks failed this month, among the investors who lost millions were U.S. public sector pension funds responsible for ensuring the retirements of…

Canadian employers expanding fertility benefits to include egg freezing

Tonya Johnson, age 39, is single, happy and freezing her eggs to buy a little more time before she starts a family. The procedure is costly —…

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Employers prioritizing workplace culture, DEI in communications strategies: survey

While three-quarters (74 per cent) of global employers say the purpose of their internal communications strategy is to shape workplace culture and create a sense…

Canadian DB pension plan solvency down 0.7% in February: report

The funded position of a typical Canadian defined benefit pension plan fell slightly on a solvency basis and rose on an accounting basis in February,…

  • By: Staff
  • March 21, 2023 March 21, 2023
  • 12:30
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CPPIB sells stake in French home care company; Ontario court gives retailer protection to Caisse, OMERS, OTPP as Nordstrom leaves Canada

The Canada Pension Plan Investment Board is selling its stake in a scandal-ridden French home care company for €26.1 million — 6.18 per cent of the…

  • By: Staff
  • March 21, 2023 March 21, 2023
  • 12:30

3M incorporating flexibility, digitization into benefits plan for 2023

Increased flexibility, enhanced digitization and a focus on diversity, equity and inclusion are among the trends shaping 3M Canada’s benefits plan in 2023, says Jacqueline McLennan, a…

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Trusteed pension funds’ assets valued $2.1T in Q3: StatsCan

The market value of assets held by Canadian trusteed pension funds rose 2.3 per cent in the third quarter of 2022, hovering around $2.1 trillion, according…

  • By: Staff
  • March 21, 2023 March 21, 2023
  • 09:00

B.C. court dismisses appeal, upholds pension plan’s decision to increase retirement age

A British Columbia court has dismissed an appeal of a Supreme Court of B.C. decision that upheld the B.C. Credit Union Employers’ Pension Plan’s choice…

  • By: Staff
  • March 21, 2023 March 20, 2023
  • 09:00

51% of U.S. women entering peak retirement years have less than $100k saved: survey

Half (51 per cent) of women in the U.S. aged 65 who are entering their peak retirement years have less than $100,000 saved, with the percentage rising (67…

  • By: Staff
  • July 25, 2024 July 24, 2024
  • 15:00

Jordan Fremont joining Stikeman Elliott as partner

Jordan Fremont is joining Stikeman Elliott LLP’s pensions and benefits group as a partner. His practice focuses on pensions, benefits and compensation plan design, as…

  • By: Staff
  • July 25, 2024 July 24, 2024
  • 09:00

Liquidity status guiding Canadian pension funds through near-term market volatility: report

Liquidity status is helping some of Canada’s biggest pension funds meet the challenges of a volatile investment market thanks to exceptional liquidity status, according to…

  • By: Staff
  • July 24, 2024 July 24, 2024
  • 15:00

DB pension plans boosting recruitment, retention in public safety industry: report

More than half (52) per cent of new public safety employee hires are expected to retire from a defined benefit pension plan, according to a…

  • By: Staff
  • July 24, 2024 July 23, 2024
  • 09:00

CPPIB appointing Priti Singh as senior managing director, chief risk officer

The Canada Pension Plan Investment Board is appointing Priti Singh (pictured) as senior managing director and chief risk officer. Singh, who most recently served as…

  • By: Staff
  • July 19, 2024 July 18, 2024
  • 15:00

Canadian green taxonomy plan could boost institutional investments: PIAC

The establishment of a green and transition taxonomy by the federal government will help provide the confidence and transparency that investors need to make decisions…

  • By: Staff
  • July 19, 2024 July 18, 2024
  • 09:00