TTC Pension Plan appointing Heather Wolfe as CEO
The Toronto Transit Commission Pension Plan is appointing Heather Wolfe as its new chief executive officer, effective March 3, 2025. She succeeds acting CEO James…
Latest news in Governance/legislation
FSRA monitoring target-benefit framework, pension risks in 2025
The Financial Services Regulatory Authority of Ontario is closely monitoring administrative risk and pension plan sponsors’ geopolitical concerns in 2025, says Andrew Fung, the organization’s…
- By: Bryan McGovern
- January 2, 2025 January 2, 2025
- 11:00
Top 10 HR, benefits, pension and investment stories of 2024
From the unlocking of pension benefits in Nova Scotia to new pay transparency rules in Ontario, stories about pension and employment legislation caught the eyes…
- By: Staff
- December 23, 2024 December 19, 2024
- 09:00
Top 5 HR, benefits, pension and investment stories of the week
An article on the federal government’s decision to transfer a $1.9 billion public pension surplus to general revenue was the most-read story on BenefitsCanada.com this…
- By: Staff
- December 20, 2024 December 19, 2024
- 09:00
Expert panel: Building a more effective pension system for Canada’s private sector workers
According to Statistics Canada, 80 per cent of Canadian public sector workers benefit from a respectable, life-long pension. However, for many private sector employees the…
- By: Sebastien Betermier
- December 19, 2024 December 20, 2024
- 11:00
Feds’ decision to transfer $1.9BN public pension surplus to general revenue within its purview: expert
The federal government’s recent decision to transfer a $1.9 billion surplus from the Public Service Pension Plan to its general revenue is within its purview, says…
- By: Sadie Janes
- December 16, 2024 December 16, 2024
- 09:00
Ottawa to remove 30% investment cap for Canadian pension funds
Finance Minister Chrystia Freeland says today’s fall economic statement will remove the cap that currently restricts Canadian pension funds from owning more than 30 per…
- By: The Canadian Press
- December 13, 2024 December 16, 2024
- 14:30
Top 5 HR, benefits, pension and investment stories of the week
An article about the National Institute on Ageing’s report on missing pension plan members was the most-read story on BenefitsCanada.com this past week. Here are the…
- By: Staff
- December 13, 2024 December 12, 2024
- 09:00
Editorial: Challenges and opportunities amid an increasingly imbalanced generational divide
The keynote session at Benefits Canada’s 2024 Defined Contribution Investment Forum warned that the failure to plan for the ‘boomer bulge’ is affecting private and…
- By: Jennifer Paterson
- December 13, 2024 December 12, 2024
- 08:59
Head to head: Should Canadian pension funds be incentivized to invest domestically?
While both experts point to the obligation of the pension promise, one argues that many pension funds are already overweight in Canadian allocations, while the…
- By: Benefits Canada
- December 13, 2024 December 12, 2024
- 08:58
2024 CAP Suppliers Report: How can employers, pension industry support retirement needs of gig workers?
As gig workers make up a greater share of the Canadian workforce, a lack of retirement savings options may leave this growing demographic facing financial…
- By: Leah Golob
- December 13, 2024 December 12, 2024
- 08:56
Making sustainable investments count at five New York City pension funds
Brad Lander is advocating for public pension funds to enforce their responsible investment mandates even if that pits them against their partners. As New York…
- By: Bryan McGovern
- December 13, 2024 December 12, 2024
- 08:55
OMERS facing first governance review in more than 10 years
An independent review of the Ontario Municipal Employees’ Retirement System will examine the unique governance structure of the investment organization. The current structure of the…
- By: Bryan McGovern
- December 12, 2024 December 12, 2024
- 11:00
PBSA amendments must clarify role of pension disclosure requirements: PIAC
Amendments to the federal Pension Benefits Standards Act must go beyond reporting transparency and clarify how additional disclosure requirements help monitor the health of Canadian…
- By: Staff
- December 10, 2024 December 6, 2024
- 09:00
Global pension plan sponsors’ assets reach US$63.1 trillion in 2023, offset by decrease in equities: report
While global pension plan sponsors’ assets grew by 10 per cent to reach US$63.1 trillion in 2023, this value is still five per cent lower…
- By: Staff
- December 4, 2024 December 3, 2024
- 09:00
Average funded status of Ontario DB pension plans at 121% in Q3 2024: report
The average funded position of defined benefit pension plans in Ontario was 121 per cent in the third quarter of 2024, down just two per…
- By: Staff
- November 28, 2024 November 27, 2024
- 09:00
More clarity, flexibility needed in solvency reserve accounts for federally regulated DB pension plans: ACPM
An amendment to the federal Pension Benefit Standards Regulations that would establish solvency reserve accounts for federally regulated defined benefit pension plans requires additional clarity…
- By: Staff
- November 27, 2024 November 26, 2024
- 09:00
BCFSA appointing Tolga Yalkin as CEO, CSO
The British Columbia Financial Services Authority is appointing Tolga Yalkin as chief executive officer and chief statutory officer, effective Jan. 13, 2025. Yalkin succeeds Blair Morrison and…
- By: Staff
- November 26, 2024 November 27, 2024
- 15:00
Top 5 HR, benefits, pension and investment stories of the week
An article on how a national drug pooling program would impact employer-sponsored benefits plans was the most-read story on BenefitsCanada.com this past week. Here are…
- By: Staff
- November 22, 2024 November 21, 2024
- 09:00
Legislation blocking ammunition investments could limit overall investment landscape in Canada: PIAC
The Pension Investment Association of Canada, alongside the Canadian Life and Health Insurance Association and the Portfolio Management Association of Canada, is asking the Senate to…
- By: Staff
- November 20, 2024 November 19, 2024
- 15:00
Former PM Stephen Harper appointed as AIMCo chair
Former prime minister Stephen Harper is the new chairman of the Alberta Investment Management Corp. The move comes almost two weeks after the province’s finance…
- By: Lisa Johnson, the Canadian Press
- November 20, 2024 November 20, 2024
- 15:00
Leadership changes at the AIMCo could impact credibility, independence: expert
The swift removal of the chief executive officer, three executives and the 11-person board at the Alberta Investment Management Corp. is a dramatic move that…
- By: Bryan McGovern
- November 19, 2024 November 15, 2024
- 09:00
Canadian pension funds continue to land top marks for transparency: report
For the fourth year in a row, five Canadian pension funds are among the most transparent in the world, according to the global pension transparency…
- By: Staff
- November 18, 2024 November 18, 2024
- 14:30
U.K. plans to create pension ‘megafunds’ with aim of unlocking US$100 billion for investment
British Treasury chief Rachel Reeves said Thursday the government planned to merge dozens of pension funds with the aim of unlocking tens of billions of…
- By: The Associated Press
- November 15, 2024 November 15, 2024
- 15:00
Top 5 HR, benefits, pension and investment stories of the week
An article on incoming changes to Nova Scotia’s provincial Pension Benefits Act was the most-read story on BenefitsCanada.com this past week. Here are the top five…
- By: Staff
- November 15, 2024 November 14, 2024
- 09:00