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…
Earlier this year, Mexico’s senate approved the creation of a new pension fund to help provide more retirement security for low-income citizens. The reform aims…
The Canadian Association of Pension Supervisory Authorities’ new plan sponsor guidelines surrounding investment fee transparency are a good first step, but require further development to…
The Nova Scotia government is updating the provincial Pension Benefits Act to allow the unlocking of pension benefits. Effective April 1, 2025, plan members aged…
Alberta’s finance minister has sacked the chief executive officer and entire board of directors of the Alberta Investment Management Corp., the Crown corporation that manages…
The volatile global conditions of the last four years have culminated in a looming economic downturn, impacting defined contribution pension plan sponsors and members alike.…
Young Canadian employees are facing a series of headwinds stemming from rising housing costs and decades of inaction by the federal government to support retirement…
Despite declining annuity rates, Canadian capital accumulation plan members retiring at the end of September experienced some of the best outcomes in more than 13…
In its fall economic statement on Wednesday, the Ontario government said it plans to consult with pension industry stakeholders on the possibility of offering variable…
According to an old adage, the fish rots from the head down. With the chief executive officer being the head of a corporation, are there…
The rapid adoption of artificial intelligence tools in financial industries represents an evolving risk to institutional investors, according to a new report by the Office…
Canada’s retirement system ranks No. 17 out of 48 countries, down from No. 12 in 2023, according to a new report by Mercer and the…
Overseeing the transition of a single-employer pension plan to a jointly sponsored one felt at times like launching a startup firm, according to Theo Heldman,…
Longevity risk is still among the top concerns keeping defined benefit pension plan sponsors up at night. While a 62-year-old person that retired in 2002…
The Nova Scotia government is offering to pay up to $15,000 a year into a new retirement benefits program for doctors in hopes the public…
The Canadian Association of Pension Supervisory Authorities’ guideline for risk management provides that plan administrators should create a framework to identify, evaluate, manage and monitor…
Finance Minister Chrystia Freeland said the federal government is moving ahead with guidelines around sustainable investing and corporate climate disclosures, but details on the plans…
An article on why employers that mandate onsite work could see increased employee turnover was the most-read story on BenefitsCanada.com this past week. Here are the…
After a two-year consultation period, the Canadian Association of Pension Supervisory Authorities released its 2024 guideline for capital accumulation plans in September. With a focus…
A recent Quebec Superior Court decision has unleashed uncertainty over the liabilities of companies and their directors when a pension deficit appears in the context…
The International Centre for Pension Management is celebrating 20 years of promoting strong pension governance practices by regularly engaging plan sponsor members, says Sebastien Betermier, the organization’s…
An article on how the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline will impact plan sponsors and members was the most-read story…
With many Canadian defined benefit pension plans in a strong funded position, plan sponsors, particularly those with unionized workforces, are increasingly discussing the use of…
The federal government is currently seeking recommendations about its plan to introduce solvency reserve accounts for federally regulated defined benefit pension plans. Under the government’s…
Marcie Frost, chief executive officer at the California Public Employees’ Retirement System, is receiving a significant bonus that will boost her compensation to more than…