In early 2016, Rogers Communications Inc. announced it would be closing its defined benefit plan to new entrants and replacing it with a defined contribution…
Defined contribution plan sponsors should consider Canada’s public pension system when designing their plans, according to a panel comparing the Canadian system to the ones…
In its 2019 budget announcement on Thursday, the Ontario government said it’s taking a step towards implementing a framework for target-benefit pension plans. The budget…
A new paper from Ryerson University’s National Institute of Ageing is calling for the creation of workplace tax-free pension plans to better support Canadians’ financial security…
The Ontario government is eliminating the requirement of government approval for employers seeking to merge single-employer pension plans with jointly sponsored pension plans. The change, put through…
The federal government’s 2019 budget proposed changes that could affect the viability and attractiveness of stock options as a recruitment and retention tool for certain…
Multiple stakeholder groups are praising the 2019 federal budget’s proposal to amend tax rules to allow for late-life and variable annuity structures. The proposed advanced…
Alongside recent reforms to funding rules for Ontario-registered defined benefit pension plans, the Ontario government also made changes to the pension benefits guarantee fund, including improvements…
The Association of Canadian Pension Management has mixed feelings about the federal government’s proposed methods for enhancing retirement security in the wake of the high-profile Sears Canada…
The 2019 federal budget offered several proposals to help working Canadians, ranging from new leave provisions to tax benefit adjustments. A potential new leave provision is aimed at…
In its 2019 budget on Tuesday, the federal government announced a number of proposals regarding pension protections, off the back of recent high-profile corporate bankruptcies that have thrown…
The Office of the Superintendent of Financial Institutions is introducing regulations amending the assessment of pension plans on April 1, 2019. The amendments aim to…
The Canadian Labour Congress’ wish list for the upcoming 2019 federal budget includes universal national pharmacare and pensions and retirement security. For pharmacare, the group…
The Pension Investment Association of Canada responded positively to a recent update from the Canadian Association of Pension Supervisory Authorities’ leverage working group. The PIAC agreed with…
If there’s one thing Canada’s pension industry can agree on, it’s the work that needs to be done around defined contribution pension plans. In February,…
On Jan. 1, 2018, Germany introduced pension legislation aimed at strengthening workplace pensions by creating a system of collective defined contribution plans. And yet, a…
The government of Nova Scotia is making changes to its Pension Benefits Act with the aim of offering greater flexibility for defined benefit plan sponsors. The changes…
The Canadian Association of Pension Supervisory Authorities has published an updated version of its guideline No. 8 for defined contribution plans, focusing on three main…
In Ontario’s new defined benefit plan funding rules, the provisions for adverse deviation should be based on the plan’s asset mix, and a riskier asset…
The single-employer defined benefit model doesn’t work for the university sector for one clear reason, says Cynthia Messenger, president of the University of Toronto’s Faculty…
The Trudeau government faced fresh fire over its treatment of disabled veterans last week after a new analysis by Parliament’s budgetary watchdog found an incoming system of…
The Actuarial Standards Board is consulting on changes to key components of how the commuted value for a pension plan is calculated. The commuted-value standard…
A recent decision from the Ontario Court of Appeal could significantly change the landscape for employers and pensioners involved in bankruptcy proceedings that engage pension…
Faculty associations at three Ontario universities, as well as certain affiliated unions, have passed a preliminary vote to convert their various existing pension arrangements into a…
When the Canada Pension Plan enhancement took effect on Jan. 1, 2019, did you feel the pinch in your first paycheque of the year? The…