Longer living Canadians should have the option of pure longevity insurance and the government should facilitate Canadian insurers’ ability to offer it, according to a new…
While the Canadian Life and Health Insurance Association generally supports the Canadian Association of Pension Supervisory Authorities’ proposed guideline on defined contribution pension plans, certain areas require further clarification.…
Canada rose two spots to No. 9 among 43 countries in Natixis Investment Managers’ 2018 global retirement index. The modest rise in Canada’s ranking is…
In response to its new defined benefit pension funding regime, the Financial Services Commission of Ontario has developed a chart illustrating the rules applicable in five…
The federal government’s proposed framework for unclaimed pension balances is fundamentally flawed, according to the Canadian Life and Health Insurance Association. In a letter to…
Three years ago, the Alberta Pensions Services Corp. was facing a bitter fact. Though one of our key corporate goals is to begin paying benefits…
While Canadians’ increasing longevity has been a growing issue for pension plans and providers alike, its effect on quality of living can vary significantly across income…
The Pension Investment Association of Canada has submitted its comments on the federal government’s unclaimed pension balances framework, noting the solution to the problem is the…
While retirement income security is top of mind for many Canadians, British Columbia’s public sector pension plans are noteworthy models that can be emulated by sponsors…
Pharmacare and flexible annuity options top the Canadian Life and Health Insurance Association’s list of recommendations for the upcoming 2019 federal budget. In its submission, the…
Even as regulators move to expand decumulation options for Canadians in defined contribution pension plans, the degree to which employers will actually adopt the solutions…
The job of a pension consultant has evolved considerably over Bita Jenab’s 30-year career in the field. The mid-1990s saw a greater focus on governance…
While there are nuances, I consider a target-benefit plan to be one that determines benefits to members on a defined benefit basis while setting out…
The Canadian Association of Pension Supervisory Authorities’ latest consultation is seeking feedback on amendments to its guideline No. 8 for defined contribution pension plans, focusing on considerations around…
Reimbursing benefits, accessing dental plans and designating death benefit beneficiaries are among the most important unresolved issues from a decade of recommendations by Veterans Affairs…
The real solution for missing pension plan members is the establishment of a regime that allows plan sponsors to turn over unclaimed balances to a public…
Federal officials overseeing billions in benefit payments to millions of Canadians are hoping artificial intelligence can resolve ongoing snags in the system. The government is…
The majority of small business owners in Ontario want the government to scrap or delay the Canada Pension Plan enhancements, according to a new survey by…
This series of articles examines some actionable ideas to help plan administrators meet the Canadian Association of Pension Supervisory Authorities’ guideline No. 4. Following on from the…
As the average income replacement rate for capital accumulation plans continues to trend downwards, can employers mitigate this movement with the Canada Pension Plan’s incoming…
Until recently, Alberta common-law couples that were splitting up couldn’t divide their pension assets, even if both parties wanted to. This changed in April 2018,…
The National Pension Hub is awarding funding to three research projects, focusing on themes like portfolio construction and plan design. The hub, which the Global…
The federal government has increased the old-age security benefit by 1.2 per cent as of July 1. The change means a single senior receiving OAS…
Visitors to BenefitsCanada.com who type in a web address for a broken link will find a page with a lighthearted reply that reads: “Like a…
Facing a $10.3-million pension deficit in 2016, the Youth Services Bureau of Ottawa had some tough decisions to make. It felt that closing its defined…