Forget the buzz around new target-benefit legislation. Multi-employer pension plans were here first, starting about 50 years ago. Particularly common in unionized, mobile workforces such…
More than a year after its implementation, Quebec’s shift to going-concern funding obligations for defined benefit pension plans has already led to some positive results…
While institutional investors want to improve transparency in climate-related financial disclosures, they face unique circumstances that would make it difficult to accurately disclose an investment…
The Ontario government should include surpluses from two of its jointly sponsored pension plans in its financial statements, an expert advisory panel recommended on Monday. “Simply…
The federal government’s advisory council on economic growth has released its second wave of recommendations that include extending the age of eligibility for the Canada Pension Plan,…
Last week, injured elevator technician Gordon Skinner won the right to have his medical marijuana prescription covered by his employer-sponsored plan. It’s not the first time a plan…
Ford Motors Company has adjusted its method of accounting for pension contributions and other post-retirement employee benefits, the company noted in a filing to the…
While reforms to the Canada Pension Plan are well underway, the debate on what to do with the Quebec Pension Plan is just getting started…
Canadian pension plans have grown significantly over the past decade, a survey by Willis Towers Watson has found. Total pension assets were US$965 billion in…
Though Canada’s retirement income system was ranked eighth among 27 countries by the 2016 Melbourne Mercer Global Index, it also revealed the weaknesses in our…
While the Association of Canadian Pension Management is in favour of enhancing the Quebec Pension Plan, it’s calling for a targeted solution to the problem…
Last week, the Pension Investment Association of Canada was the latest group to lend its voice to the growing concern over the decumulation of Canadian’s…
Canada’s pension and tax regulations need to be updated to address the lack of decumulation options for the growing number of Canadians nearing retirement, according…
Pension plans, like many businesses, rely on information. While the retention of certain pension plan records is subject to regulation, decisions with respect to the…
Despite the federal government’s plan to move ahead with reforms to the Canada Pension Plan, a recent survey by Aon Hewitt has found only 35…
Several Quebec municipalities, including Laval and Montreal, have suspended indexation on retirees’ pension plans, effective Jan. 1, 2017. Many defined benefit pensions plans provide indexation on an…
It’s a little shocking to realize that 1,100 Canadians are turning 65 every day. Of that number, about 500 will be relying on their own…
The Financial Institutions Commission of British Columbia has appointed Stanley Hamilton as chair of the provincial regulatory body. Hamilton, an emeritus professor at the University…
The maximum monthly benefit for new Canada Pension Plan recipients has increased by $21.67 in 2017, while monthly old-age security benefits have risen by about…
“The Ontario Registered Pension Plan was dead: to begin with. There is no doubt whatever about that. . . . Old ORPP was as dead…
2016 was certainly an interesting year for the pension and investment industries. It was a year of political moves that rocked stock markets, a number…
Pension plans administrators in Alberta’s private sector will have another year to put a governance policy in place. Under Bill 10, published in 2012, the…
The Newfoundland and Labrador government is introducing two new annual pension fees in 2017, one to be paid by pension plan administrators and another to…
Three Quebec unions are calling it “unacceptable” that the proposed reforms for the Quebec Pension Plan are not in line with the rest of Canada’s…
Pensioners and members of the Northern Transportation Co. Ltd.’s pension plan reached a settlement with the company on Friday that will see all special payments,…