A proposed guideline setting out standards for the disclosure of intermediary compensation in group benefits and retirement services could have a big effect on the market. Dave Patriarche,…
Whether plan sponsors expect a bear or a bull market in 2018, if they’re in a position to de-risk their pension plan, they should do…
The Canadian Life and Health Insurance Association will be holding information sessions in the coming weeks about its new guideline for disclosing compensation to intermediaries…
The Pension Commission of Manitoba has raised the possibility of allowing for shared-risk plans as the province announces consultations on pension reforms ahead of planned…
As 2017 draws to a close, we turn our attention to the new year. As usual, there’s a lot happening in the Canadian pension environment. Below are…
Bankruptcy and its impact on company’s pension plans was a big story in 2017, with Sears Canada Inc. and Stelco Inc. grabbing the most headlines of the…
Quebec employers are expressing concern about the business impact of the province’s move to eliminate disparities in pension and supplementary group benefits plans. “It’s an…
Employers in search of simpler retirement products for their workers are looking to group registered retirement savings plans and deferred profit-sharing plans as a solution, say…
Decumulation is a clear and significant concern for the sponsors of capital accumulation plans, the results of Benefits Canada’s 2017 CAP Member Survey show. The…
While total pension wealth rose for an eighth consecutive year in 2016, the wealth of employer-based pension plans increased at a much weaker pace than the previous…
Few Canadian employers are tracking the impact of their defined contribution pension plans or measuring their outcomes, according to new research by Willis Towers Watson.…
The market value of assets held by Canadian trusteed pension funds fell to $1.8 trillion in the second quarter, according to a new report by Statistics Canada…
Hiram Walker & Sons Ltd. and Unifor Local 2027 have ratified a four-year collective agreement that includes moving to a defined contribution plan for future…
In its sixth year of offering employees educational workshops during Financial Literacy Month, Western University has changed its approach this time by delivering information on a…
The days of working for one employer and contributing to a single pension plan for an entire career are long over. In fact, 28 per…
Defined benefit pension plans have long included formulas for integrating the Canada Pension Plan into their contributions and benefits design. But with CPP contributions set…
It’s no secret that passive investments, such as exchange-traded and indexed funds, have become more popular with investors over the past 10 years. Such funds require…
Over the past 10 years, assets in pension plans registered in Alberta have reached $54 billion, an increase of 149 per cent, according to a new…
While Allstate Insurance Co. of Canada provides several financial education and information sessions to employees throughout the year, it’s focusing on the importance of financial literacy this November to align…
The Office of the Superintendent of Financial Institutions has laid out its progress on a number of pension responsibilities in its 2016-17 report on plans and…
The U.S. pension industry has avoided a major shakeup posed by the potential “Rothification” of the tax rules around retirement savings, a pension expert said…
Unionized employees at a Quebec-based aluminum smelter are rejecting a proposed change that would move them to a two-tiered pension arrangement from a defined benefit plan. The Syndicat des Métallos/United…
The current environment is simply too difficult for Canadians to save adequately for retirement, given increased longevity and the low yields on appropriate investments, according…
Nearly three-quarters (74 per cent) of Canadian employers feel they have a responsibility to help their employees with their financial wellness, according to a new survey by…
More than 500 members of United Steelworkers Local 1568 who are employed by Canadian Nuclear Laboratories have reached a collective agreement that includes moving into a new…