Latest news in Governance/legislation

Top 5 HR, benefits, pension and investment stories of the week

An article on how Scotiabank is aligning its benefits offerings across global markets was the most-read story on BenefitsCanada.com over the last week. Here are…

  • By: Staff
  • July 7, 2023 July 6, 2023
  • 09:00

Coverage of the 2023 Benefits & Pension Summit

The annual Benefits & Pension Summit, which was hosted virtually on June 1, is the only Benefits Canada event that brings together health benefits and capital accumulation…

2023 BPS coverage: Preparing CAP members for retirement in a challenging economic environment

High inflation and interest rates are having a real impact on people’s finances, according to Benefits Canada‘s 2023 CAP Member Survey, which found 76 per…

Feds consulting on draft amendments to pension legislation for transfer of missing members’ benefits

The federal government is launching a consultation on draft amendments to pension legislation pertaining to the transfer of unclaimed benefits for missing plan members. Under…

Top 5 HR, benefits, pension and investment stories of the week

An article on Toyota Motor Manufacturing Canada’s gender affirmation coverage was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular…

  • By: Staff
  • June 30, 2023 June 29, 2023
  • 09:00

Remembering Hislop vs. Canada, landmark case securing CPP benefits for all same-sex partners

In 2000, the federal government announced same-sex partners of Canada Pension Plan beneficiaries could claim survivor benefits, as long as their bereavement had occurred no…

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Quebec court rules municipal sector pension law unconstitutional for retirees, justified for active members

The Quebec Court of Appeal has ruled the province’s Bill 15, which substantially modified municipal sector pension plans, is unconstitutional with respect to retirees but…

ACPM urging Ontario to remove burdensome requirements from proposed target-benefit pension framework

The Association of Canadian Pension Management is urging the Ontario government to ensure its proposed rules for multi-employer target-benefit pension plans don’t undermine existing incentives that enable…

  • By: Staff
  • June 29, 2023 June 29, 2023
  • 09:00
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ACPM urging feds to retain definition of DB provision, expand PRPP access

The Association of Canadian Pension Management is asking the federal government to consider changes in proposed amendments to the Pension Benefits Standards Act and Pooled…

  • By: Staff
  • June 26, 2023 June 23, 2023
  • 09:00

Changes to tax rules can improve Canadians’ retirement security: report

Changes to tax rules can improve Canadians’ retirement security and make the retirement system more equitable, according to a new report by the C.D. Howe…

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

2023 Top 100 Pension Funds Report: How to improve retirement outcomes across diverse plan member groups

At the beginning of April, the OPSEU Pension Trust made a change to a definition in its plan text that will have meaningful implications for…

LAPP appointing Troy Mann as president, CEO

The Local Authorities Pension Plan Corp. is appointing Troy Mann as president and chief executive officer. He joins the Edmonton-based organization from the Alberta Pensions…

  • By: Staff
  • June 22, 2023 June 21, 2023
  • 12:30

Younger 401(k) participants struggling with emergency savings, student debt: survey

Generation Z (28 per cent), millennial (25 per cent) and generation X (21 per cent) 401(k) members rank a lack of emergency savings as one…

  • By: Staff
  • June 19, 2023 June 15, 2023
  • 15:00

Top 5 HR, benefits, pension and investment stories of the week

An article on Saskatchewan’s Public Employees Benefits Agency transition to a not-for-profit corporation was the most-read story on BenefitsCanada.com over the last week. Here are…

  • By: Staff
  • June 16, 2023 June 15, 2023
  • 09:00
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Post-election a good time for Alberta to seriously explore leaving CPP: expert

The Fraser Institute’s president says Alberta’s newly elected premier should ride the wave of the United Conservative Party’s election win and move forward with exploring…

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Saskatchewan’s pension and benefits administrator transitioning to not-for-profit model

Saskatchewan’s Public Employees Benefits Agency is transitioning to a not-for-profit corporation. The PEBA began pursuing the transition in 2021 at the request of the trustees…

Top 5 HR, benefits, pension and investment stories of the week

An article on seven questions that employers should ask as the coronavirus pandemic moves into an endemic phase was the most-read story on BenefitsCanada.com over…

  • By: Staff
  • June 9, 2023 June 8, 2023
  • 09:00

Amendment to Manitoba pension legislation providing flexibility for beneficiary designation

An amendment to Manitoba’s Beneficiary Designation Act allows a pension plan member’s legal representative to now make a beneficiary designation on behalf of the member if…

  • By: Staff
  • June 8, 2023 August 7, 2024
  • 09:00

2023 GIC coverage: Improving Canadians access to pensions

In his session at the 2023 Global Investment Conference, Derek Dobson, the Colleges of Applied Arts and Technology pension plan’s chief executive officer, called back…

More than 20 U.K. pension organizations forming coalition to tackle pension inequalities

More than 20 U.K. pension organizations are forming an industry coalition to tackle pension inequalities. The Pensions Equity Group aims to increase the number of people…

  • By: Staff
  • June 5, 2023 June 5, 2023
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on Amazon Canada’s ‘Dogs at Work’ program was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news…

  • By: Staff
  • June 2, 2023 June 1, 2023
  • 09:00

Why are individual pension plans poorly understood by the pension sector?

While individual pension plans have been around since 1991, they aren’t being widely used by the people they’re designed to help and remain poorly understood…

ACPM urging Retraite Québec to increase flexibility in funding municipal, university DB pension plans

The Association of Canadian Pension Management is urging Retraite Québec to provide additional flexibility in the funding of municipal and university defined benefit pension plans. In…

  • By: Staff
  • May 29, 2023 May 29, 2023
  • 09:00
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Cyber attack compromises U.K. pension plan members’ personal information

The largest administrator of private defined benefit and defined contribution pension plans in the U.K. is revealing details about a cyber attack that compromised the…

  • By: Staff
  • May 25, 2023 May 25, 2023
  • 12:30

Wells Fargo agrees to pay $1BN to public retirement plan members to settle class action lawsuit

Wells Fargo has agreed to pay US$1 billion to settle a lawsuit filed by its two public sector pension plans that alleged the bank made…