The Financial Services Regulatory Authority of Ontario is consulting on proposed pension benefits guarantee fund assessment deadlines and calculations guidance, which is designed to assist plan administrators…
As a nuclear power provider, Bruce Power’s culture emphasizes the importance of risk-averseness. This is reflected in the company’s efforts to secure the indexed benefits…
A thousand members of the Anglican Church of Canada’s defined contribution pension plan are joining the General Synod pension plan, effective Jan. 1, 2022. The…
The governor of the U.S. Virgin Islands is refinancing more than US$800 million worth of bonds following numerous attempts to save a public pension system that…
The Office of the Superintendent of Financial Institutions and the Financial Services Regulatory Authority of Ontario are putting forward six recommendations for strengthening the Canadian Association…
Asset managers have responded to a growing demand from investors for socially responsible investing, with pledges to integrate environmental, social and governance factors into the…
An eight-year legal effort to reverse a law that transformed New Brunswick’s public sector pension plan away from an indexed defined benefits model is being scrapped.…
At the start of every new year, many employees resolve to improve their fitness — emotionally, financially and/or physically. One pretty easy way that employers…
The shift to hybrid and remote work models during the ongoing coronavirus pandemic is one of several issues impacting pension plan and group benefits administrators…
Manitoba is amending its pension regulatory system in order to strengthen the province’s pension regulatory and solvency framework. The changes, which took effect on Dec.…
Members of Puerto Rico’s public sector pension plans are facing a benefits freeze and the transformation of their defined benefits plans to defined contribution plans. The…
The viability of a public defined benefit pension plan is best judged by its fiscal sustainability rather than its overall liabilities, according to a new…
As a new year dawns, our attention turns to what’s ahead, the following are a few of my predictions for trends in the world of…
Jan. 1 felt like Groundhog Day for all employees and employers paying into the Canada Pension Plan. Like last year, contributions went up again by more…
New Brunswick’s new unclaimed property regime, which came into force on Jan. 1, 2022 and is the fourth such provincial regime in Canada, will finally…
It’s no secret there’s a looming retirement savings gap among Indigenous and racialized Canadian seniors and their white counterparts. Indeed, a June 2021 study by…
Among 2021’s most popular pension stories on BenefitsCanada.com, Benefits Canada and the Canadian Institutional Investment Network’s rankings of the top 100 defined benefit plans and top…
A Canadian charitable initiative is criticizing the Canada Pension Plan Investment Board’s new environmental investing strategy. “It’s encouraging to see that the CPPIB wants to invest…
A Federal Court of Appeal ruling will make it very difficult for executives and employees to treat share transfers from their companies as capital gains…
However long the social, political and economic fallout of the coronavirus pandemic may last, humanity and its economic systems have weathered the storm exceptionally well,…
Asset managers that incorporate climate change into their investment processes are increasingly looking beyond commitments to net zero and exploring the impact on asset valuation,…
The OPSEU Pension Trust is shifting toward responsible investing as environmental, social and governance factors become increasingly more material to returns for institutional investors. “We’re…
As the coronavirus pandemic sent the global economy into a tailspin, many Canadians grew increasingly concerned about whether they’d amassed enough savings to weather the…
Years before his late-career rebirth as nemesis to former U.S. President Donald Trump, Robert Muller coined a phrase that went down in history among cybersecurity…
At the 2021 Defined Contribution Plan Summit, which was hosted virtually on Oct. 6, delegates heard about several pressing issues facing DC plan sponsors and…