The Canadian Institute of Actuaries is supporting several of the Alberta government’s proposed legislative and policy updates for private sector pension laws, including the move…
The maximum pensionable earnings under the Canada Pension Plan for 2023 is increasing to $66,600 from $64,900 in 2022. The new ceiling was calculated according to a CPP legislated…
A pair of articles on Benefits Canada‘s 2022 Workplace Benefits Awards winners were among the most-read stories on BenefitsCanada.com over the last week. Here are the five…
Capital accumulation plan sponsors need to focus on providing lifetime retirement income for plan members amid the growth of decumulation solutions such as advanced life…
The Pension Investment Association of Canada is reiterating its concerns about Bill C-228, which was designed to protect members of defined benefit pension plans during…
An article about an open letter that highlighted how proposed amendments to the federal Bankruptcy and Insolvency Act could have a positive impact on defined benefit…
The Association of Canadian Pension Management is advising the Canadian Association of Pension Supervisory Authorities to take a less prescriptive approach in its proposed guidelines…
It may take up to 18 months for central banks policies to curb inflation to around two per cent on an annual basis, says Julianna…
The Association of Canadian Pension Management is urging parliamentarians to vote down a bill that would provide super-priority to defined benefit pension plan members in…
British Columbia is amending the definition of provision for adverse deviation for pension plans in the province with a target-benefit provision. The changes to PfAD’s…
For the first time in three years, Canadian defined contribution pension plan sponsors, investment professionals and industry thought leaders gathered in person for Benefits Canada’s…
Increasingly, defined contribution plan sponsors are grappling with adding environmental, social and governance investing options to their plans as a growing number of members ask…
Six organizations representing Canadian retirees say proposed amendments to the federal Bankruptcy and Insolvency Act would have a positive impact on defined benefit pension plan…
While defined contribution pension plans currently outnumber defined benefit pension plans, this wasn’t always the case, recalls Bita Jenab, a principal at RetirementWorks Services Inc.…
As a fresh-faced elementary school student in 1977, Aaron Bennett wasn’t quite in the target demographic for the freshly launched Benefits Canada magazine. Still, Bennett…
The use of leverage by U.K. defined benefit pension plans with liability-driven investment strategies left them vulnerable to a sharp rise in bond yields in…
While Canada’s pension system continues to rank well globally, the current economic environment poses particular risks for defined contribution pension plan sponsors and members, according…
The Bank of England’s decision to intervene in the long-dated government bond market protected defined benefit pension plans with liability-driven investment strategies, according to a…
With close to two-thirds (62 per cent) of the market committed to investing responsibly, environmental, social and governance investing is no longer a fringe activity,…
About two-thirds (64 per cent) of global institutional investors say new ideas and access to top asset managers are the key benefits of hiring an…
An article on virtual health-care findings in the 2022 Benefits Canada Healthcare Survey was the most-read story on BenefitsCanada.com over the last week. Here are…
The Association of Canadian Pension Management and the Pension Investment Association of Canada are among the organizations saying proposed amendments to the federal Bankruptcy and…
The Association of Canadian Pension Management is taking aim at the Alberta government’s funding rules for private sector defined benefit pension plans. In its response…
The Pension Investment Association of Canada is providing feedback on the Alberta government’s consultation draft of potential legislative and policy updates for private sector pension…
Efforts by central banks to reduce inflation could spark a global recession, according to a new report from the World Bank. “If the degree of…