The impact of returning OAS to age 65
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…
- By: Jessica Bruno
- March 16, 2016 September 13, 2019
- 09:22
Latest news in Governance/legislation
Beware of legal issues around Ontario’s pension regulator review
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…
- By: Jennifer Paterson
- March 16, 2016 September 13, 2019
- 09:20
Sounding Board: Why Trudeau should support target benefit pensions
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.”…
- By: Ron Olsen
- March 15, 2016 September 13, 2019
- 09:09
AIMCo to get piece of US$219 million legal settlement
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…
- By: The Canadian Press
- March 14, 2016 September 13, 2019
- 09:47
NHL players want out of ORPP
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…
- By: Staff
- March 10, 2016 September 13, 2019
- 09:40
Ontario PC leader would axe the ORPP
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…
- By: Staff
- March 9, 2016 September 13, 2019
- 10:00
CFIB calls to end ‘bridge benefit’ for government retirees
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.…
- By: Staff
- March 4, 2016 September 13, 2019
- 09:18
44% approve of the ORPP: poll
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…
- By: Staff
- March 3, 2016 September 13, 2019
- 10:00
A real-life stress test
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…
- By: Martin Leclair and Lewis Powell
- March 3, 2016 September 13, 2019
- 09:12
What the Ontario Budget means for employers
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:…
- By: Staff
- February 26, 2016 September 13, 2019
- 09:12
SIPP deadline looms for Ontario pensions
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…
- By: Staff
- February 26, 2016 September 13, 2019
- 08:34
Ontario Budget: Province to introduce PRPP changes
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,…
- By: Yaldaz Sadakova
- February 25, 2016 September 13, 2019
- 17:55
Ontario Budget: The ORPP pushes ahead, more details to come in spring
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…
- By: Jennifer Paterson
- February 25, 2016 September 13, 2019
- 17:50
Ontario Budget: Government continues to consult on target benefit plans
The Ontario government said it will continue to consult on all aspects of a target benefit multi-employer pension plans framework, including funding rules. In its…
- By: Staff
- February 25, 2016 September 13, 2019
- 17:08
Ontario Budget: Province starts reviewing pension solvency rules
Less than two months after Quebec changed the funding rules for its private defined benefit pension plans, the government of Ontario says it will proceed…
- By: Yaldaz Sadakova
- February 25, 2016 September 13, 2019
- 16:55
Ontario Budget: Final report on modernization of pension plans to come this spring
A final report on modernizing and increasing accountability around the regulations of financial services and pension plans in Ontario is set to be released in…
- By: Staff
- February 25, 2016 September 13, 2019
- 16:51
What will Ontario’s 2016 Budget say about pensions?
The Association of Canadian Pension Management is hoping to see a series of pension consultations announced by the Ontario government when it shares the details…
- By: Jennifer Paterson
- February 23, 2016 September 13, 2019
- 09:54
OCC calls for offset measures to support transition to ORPP
The Ontario Chamber of Commerce (OCC) is calling on the government of Ontario to support employers in the transition to the Ontario Retirement Pension Plan…
- By: Staff
- February 23, 2016 September 13, 2019
- 09:50
Editorial: ORPP ads reflect misplaced priorities
It’s not in existence yet, but the Ontario Retirement Pension Plan is already coming under scrutiny from the auditor general. In this case, Bonnie Lysyk…
- By: Glenn Kauth
- February 22, 2016 September 13, 2019
- 09:15
Quebec shakes up pension landscape with shift to going-concern funding
In a move that has drawn significant attention in the pension community, Quebec has introduced a potential solution to a major conundrum for employers: how…
- By: Yaldaz Sadakova
- February 22, 2016 September 13, 2019
- 09:10
Nortel pensioners face decision on payment options
After a six-year legal battle, it’s finally time for the former employees of the bankrupt technology firm Nortel Networks to learn what to do with their…
- By: Jennifer Paterson
- February 18, 2016 September 13, 2019
- 09:36
CPP to be expanded within the year
The Canada Pension Plan will be enhanced in 2016, says federal Finance Minister Bill Morneau. “Our goal is to work together with all provinces and…
- By: Staff
- February 17, 2016 September 13, 2019
- 11:45
ORPP delay welcomed, but more support needed
The Ontario Chamber of Commerce and the Canadian Federation of Independent Business are just two of the organizations encouraged by the provincial government’s announcement Tuesday…
- By: Jennifer Paterson
- February 17, 2016 September 13, 2019
- 09:24
ORPP delay a ‘wise’ move
The Association of Canadian Pension Management is welcoming today’s announcement of a one-year delay to the Ontario Retirement Pension Plan. “We welcome it,” says ACPM…
- By: Glenn Kauth
- February 16, 2016 September 13, 2019
- 11:25
ORPP delay, GST relief on investment association’s budgetary wish list
The Portfolio Management Association of Canada is adding its voice to groups calling for a delay to the introduction of the Ontario Retirement Pension Plan.…
- By: Glenn Kauth
- February 12, 2016 September 13, 2019
- 11:36