Bankruptcy and its impact on company’s pension plans was a big story in 2017, with Sears Canada Inc. and Stelco Inc. grabbing the most headlines of the…
Should Canadians be able to dip into their registered retirement savings plans to help their children buy their first house? The Canadian Real Estate Association certainly…
With the pension woes at Sears Canada Inc. in the spotlight, the political parties have been busy touting their solutions to the defined benefit conundrum.…
Ontario has published a description of its new funding framework for defined benefit pension plans, including details on how the provision for adverse deviations will…
While there’s a growing desire for more flexible retirement options to address changing societal needs, most Organisation for Economic Co-operation and Development countries lack adequate frameworks for…
At a meeting in Ottawa on Monday, Canada’s finance ministers agreed in principle to a number of additional features in the Canada Pension Plan enhancement that…
Administrative monetary penalties and statements of investment policies and procedures will be key concerns for Ontario pension plan sponsors as the provincial government moves forward…
The Desjardins Group is going carbon neutral as part of several actions the company plans to address climate change. In a release, the company pointed to…
The British Columbia Court of Appeal has dismissed injured veterans’ pension claims against the federal government because they had “no chance of success.” “It’s difficult…
Compared to other high-income countries, Canada is doing very little to prepare for the “greying of society,” according to a new study by public policy think-tank…
Independent governance has been one of the key factors in the success of Canadian public pension plans, according to a new report commissioned by the World…
A new report is recommending the immediate increase of the trigger age for drawing down registered retirement savings, suggesting it should continue to rise with longevity. The report,…
A report from the Canadian Centre for Policy Alternatives is touting restrictions on shareholder payments as a way of boosting the sustainability of defined benefit…
The days of working for one employer and contributing to a single pension plan for an entire career are long over. In fact, 28 per…
Defined benefit pension plans have long included formulas for integrating the Canada Pension Plan into their contributions and benefits design. But with CPP contributions set…
It’s no secret that passive investments, such as exchange-traded and indexed funds, have become more popular with investors over the past 10 years. Such funds require…
New Brunswick has tabled amendments to the province’s Financial Administration Act in an effort to prohibit special pensions or payments to staff as part of leadership changes. “Your government is…
The large number of Canadians who fear the Canada Pension Plan won’t be around when they retire reflects a misplaced belief, said Canada Pension Plan Investment Board president…
The Ontario government has introduced a bill that, if passed, will enact several changes to the Pension Benefits Act. “This is a significant step,” says Stephanie…
The Financial Services Commission of Ontario has appointed Morneau Shepell Ltd. to take over the continuing administration of Stelco Inc.’s five existing defined benefit pension plans as…
Over the past 10 years, assets in pension plans registered in Alberta have reached $54 billion, an increase of 149 per cent, according to a new…
Ontario’s fall economic statement confirmed a number of previously announced frameworks for the province’s pension, health-care and employment programs, including a look at addressing decumulation. The…
The Office of the Superintendent of Financial Institutions has laid out its progress on a number of pension responsibilities in its 2016-17 report on plans and…
Pension arrangements for politicians have long been controversial, but at least in the case of members of Parliament, they’ve begun footing an equal share of…
Too much avocado toast isn’t the reason younger Canadians have a hard time getting a start on their retirement savings. Canadian millennials are “literally working and…