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New CPP and OAS benefit amounts take effect

New CPP and OAS benefit amounts take effect

CPP benefits to increase by 1.2%

Mental health in women linked to gender pay gap

Mental health in women linked to gender pay gap

The gender pay gap could be impacting women’s mental health, according to a new study by Columbia University’s Mailman School of Public Health. The study…

Canada must let oil prices play out: Poloz

Canada must let oil prices play out: Poloz

The Bank of Canada says overcoming the economic suffering inflicted by the commodity-price shock essentially boils down to one main option: ride it out. In…

Judge denies motion in FedEx same-sex spouse pension case

Judge denies motion in FedEx same-sex spouse pension case

A U.S. District Court judge has denied an attempt by FedEx to throw out a lawsuit around same-sex survivor pension benefits. The lawsuit was filed…

New CPP and OAS benefit amounts take effect

New CPP and OAS benefit amounts take effect

New benefit amounts for the Canada Pension Plan (CPP) and Old Age Security (OAS) came in from January 1, 2016. CPP benefits will increase by…

Mercer acquires CPSG Partners

Mercer acquires CPSG Partners

Mercer has acquired CPSG Partners, a Workday services partner, to meet the demand for cloud-based finance and HR services. The acquisition will expand Mercer’s existing…

Automattic offers benefits of the future

Automattic offers benefits of the future

Technology firms have long been known as leaders in the realms of quirky employee benefits and workplaces of the future – with large companies such as Google, Facebook and Skype springing to mind.…

  • By: Staff
  • January 6, 2016 September 13, 2019
  • 09:35

Towers Watson and Willis complete merger

The merger between Towers Watson and Willis was completed on Jan. 4, with the new business to be known as Willis Towers Watson. A revised merger…

2015 ended on a down note for Canadian pensions

The solvency position of Canadian pension plans were down slightly in 2015, according to the latest Mercer Pension Health Index. The median solvency ratio of…

How much do Canada’s CEOs get paid?

How much do Canada’s CEOs get paid?

The average pay of Canada’s highest-paid CEOs by 12:18pm on Monday, January 4 was $48,636, an amount it takes the average full-time employee the rest…

BoC may cut rates again by mid-year: experts

BoC may cut rates again by mid-year: experts

We could be looking at another rate cut from the Bank of Canada by mid-year, said Douglas Porter, chief economist of BMO Financial Group. Along…

  • By: Staff
  • January 6, 2016 September 13, 2019
  • 09:24
New pension funding rules in Quebec

New pension funding rules in Quebec

Major changes to the rules around the funding of private sector defined benefit pension plans took effect on January 1, 2016 in Quebec. The changes in Bill…

CPPIB to acquire student housing portfolio

CPPIB to acquire student housing portfolio

The Canada Pension Plan Investment Board (CPPIB), GIC and The Scion Group have announced that they have formed a student housing joint venture entity called…

HOOPP’s Jeff Wendling retiring in 2025

Jeff Wendling, president and chief executive officer at the Healthcare of Ontario Pension Plan, will be retiring in 2025 after more than 25 years with…

  • By: Staff
  • September 26, 2024 September 26, 2024
  • 11:00

How are Canadian DB pension plan sponsors making use of surplus funds amid positive funded status environment?

With many Canadian defined benefit pension plans in a strong funded position, plan sponsors, particularly those with unionized workforces, are increasingly discussing the use of…

Gov’t seeking feedback on solvency reserve accounts for federally regulated DB pension plans

The federal government is currently seeking recommendations about its plan to introduce solvency reserve accounts for federally regulated defined benefit pension plans. Under the government’s…

  • By: Staff
  • September 26, 2024 September 24, 2024
  • 11:00

CalPERS CEO pay reaching US$1.2M due to investment performance boost: report

Marcie Frost, chief executive officer at the California Public Employees’ Retirement System, is receiving a significant bonus that will boost her compensation to more than…

  • By: Staff
  • September 25, 2024 September 23, 2024
  • 15:00

AIMCo making key appointments to executive team as CIO steps away from role

The Alberta Investment Management Corp. is appointing two of its investment leaders to new executive roles, effective immediately, as Marlene Puffer steps away from her…

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

Expert panel: The different pathways to pursuing a total portfolio approach

The total portfolio approach is gaining interest as a new investing strategy for pension funds and other asset owners, but its novel status may be…