Canada’s workplace pension system is going through a recalibration due in part to an aging population and demographic shifts, declining coverage and unpredictable financial markets.…
Canadian employees born after 1971 can expect to receive a rate of return of just 2.1 per cent on their Canada Pension Plan contributions, according to a…
As the drive towards target-benefit pension plans continues to make headway in Canada, litigation risk for their sponsors is on the rise. The jurisprudence is…
In the 25-year history of the goods and services tax, its application to investment fees has been the subject of a series of battles between the…
In its first federal budget last month, the Liberal government said it would seek additional funding from Canada’s pension funds as it looks to invest more…
When the Ontario government announced its proposed new legislation enshrining the framework for the Ontario Retirement Pension Plan (ORPP) on April 14, it also shared some significant…
Finance Minister Bill Morneau has been busy promoting his first federal budget on both sides of the Atlantic. This week, he continues west to such…
Many plan sponsors aren’t aware of the level of oversight required for their defined contribution pension plans and the legal risks that comes along with…
The Ontario Registered Pension Plan Administration Corp. will begin an extensive education campaign about the ORPP for employers this summer and a verification process for…
It seems even the judiciary isn’t immune to efforts to rein in benefits plans, including post-retirement coverage. In a recent decision of Ontario’s Divisional Court,…
While Manitoba’s Progressive Conservatives have been silent about their stance on an expansion to the Canada Pension Plan, experts predict the party’s victory Tuesday could mean the province…
For many people, the mere mention of European Union rules conjures up images of red tape and bureaucratic minefields. So it’s hardly surprising that Europe’s…
A new bill for the Ontario Retirement Pension Plan introduced today will also include an option for other provinces to join in as Ontario moves…
As employers struggle to determine the right governance structure for their defined contribution pension plans, one company going through the process found it could do…
As Ontario inches closer to launching its mandatory pension program, the Ontario Retirement Pension Plan, the pension industry remains polarized about the plan’s impact on…
While proponents are expressing concern about the absence of any mention of target-benefit pension plans in the recent federal budget, the omission doesn’t mean Ottawa has lost interest in…
The Illinois Supreme Court dealt another devastating blow Thursday to the state’s impatient attempts to control its ballooning public pension debt by striking down a state…
In its first federal budget, presented on March 22, the Liberal government announced a range of developments that will affect employers and the pension and benefits industries. They…
In its first budget, presented on March 22, the federal government announced it would launch consultations in the coming months to give Canadians an opportunity to share…
The Liberal government has announced it will launch a consultative process on the investment rule that restricts pension plans from holding more than 30 per cent…
In its 2016 budget, the federal government proposed changes to the agreement powers of the Pension Benefits Standards Act. The changes, according to the budget document,…
I have mixed feelings about the government’s recent announcement of its intent to preserve eligibility for old-age security at age 65. That’s because I no longer…
Mark Wiseman, president and CEO of the Canada Pension Plan Investment Board and Michael Sabia, CEO of the Caisse de dépôt et placement du Québec, will…
A comparison of pension systems in Canada and Britain isn’t an apples-to-apples exercise — or even apples to grapefruits. But when it comes to pension…
Prime Minister Justin Trudeau says next week’s federal budget will restore the age of eligibility for old age security to 65. Trudeau says the decision…