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…
The federal government is widely expected to make good on its election promise to restore OAS eligibility to age 65 for all Canadians, giving clients…
Plan sponsors awaiting a final report on modernizing and increasing accountability in the regulations of financial services and pension plans in Ontario should be wary of a recommendation that…
According to a recent Broadbent Institute study, “the value of retirement assets of those aged 55 to 64 without an employer pension is wholly inadequate.”…
A U.S. insurance company has agreed to pay US$219 million to end a class action lawsuit for allegedly making false and misleading statements about a…
The union that represents NHL players doesn’t want its Ontario members – the Toronto Maple Leafs and the Ottawa Senators – to be forced to pay into…
Ontario Progressive Conservative leader Patrick Brown said the party not only opposes the provincial Liberal government’s plan for the Ontario Retirement Pension Plan, but they’d…
The Canadian Federation of Independent Business (CFIB) is calling on the government to end the “bridge benefit” perk, an incentive for government employees who retire early.…
Nearly half (44%) of respondents approve of the Ontario Retirement Pension Plan (ORPP) as a supplement to the CPP, according to a sampling of public opinion…
The year 2016 started out with a bang, to say the least. The past year marked a transition in financial markets as the U.S. hiked…
Ontario Finance Minister Charles Sousa announced the province’s 2016 budget on Thursday, outlining a range of developments of interest to employers and benefit plan sponsors, including:…
Ontario pension plans registered before Jan. 1, 2016 must file their statement of investment policies and procedures (SIPP) by this coming Tuesday, March 1. For plans registered…
Ontario is introducing changes to the Pooled Registered Pension Plans Act, 2015 as well as other legislative pension amendments as part of its 2016 budget,…
During its announcement of the 2016 Ontario Budget on Feb. 25, the provincial government said it’s on track to ensure that, by 2020, all eligible…