Latest news in Governance/legislation

Quebec may push back age for collecting public pensions

Quebec may push back age for collecting public pensions

Some Quebecers may have to delay their retirement plans if the provincial government succeeds in a plan to push back the age at which they…

Editorial: The DC industry should refocus its efforts

Editorial: The DC industry should refocus its efforts

Earlier this year, Benefits Canada hosted its annual DC Plan Summit. As part of the agenda, Ole Settergren from the Swedish Pension Agency talked about…

Is the voluntary CPP add-on DOA?

Is the voluntary CPP add-on DOA?

The announcement that the federal government is going to study the option of allowing Canadians to voluntarily contribute to the CPP to supplement their retirement…

  • By: Greg Hurst
  • May 27, 2015 September 13, 2019
  • 12:11
Ontario passes PRPP legislation

Ontario passes PRPP legislation

Ontario has passed the Pooled Registered Pension Plans (PRPP) Act, 2015.

  • By: Staff
  • May 27, 2015 September 13, 2019
  • 09:44
Employers must monitor 401(k) fees, Supreme Court rules

Employers must monitor 401(k) fees, Supreme Court rules

The United States Supreme Court says 401(k) plans must monitor the investment options being offered, reports Bloomberg.

  • By: Staff
  • May 19, 2015 September 13, 2019
  • 11:43
B.C. finally gets its new Pension Benefits Standards Act

B.C. finally gets its new Pension Benefits Standards Act

At long last many of the recommendations of the Joint Expert Panel on Pension Standards (JEPPS) included in its November 2008 final report entitled Getting…

  • May 14, 2015 September 13, 2019
  • 13:37
Get investment beliefs out on the pension committee table

Get investment beliefs out on the pension committee table

Companies that sponsor pension plans often empower a pension or investment committee to provide oversight and management of the investment arrangements.

  • May 13, 2015 September 13, 2019
  • 10:06
Illinois Supreme Court strikes down pension reform law

Illinois Supreme Court strikes down pension reform law

The Illinois Supreme Court overturned the state's 2013 pension reform law.

  • By: Staff
  • May 11, 2015 September 13, 2019
  • 11:00
ORPP bill receives royal assent

ORPP bill receives royal assent

Ontario's Bill 56, An Act to require the establishment of the Ontario Retirement Pension Plan (ORPP), received royal assent on Tuesday.

  • By: Staff
  • May 6, 2015 September 13, 2019
  • 12:32
Ontario approves bill to create ORPP

Ontario approves bill to create ORPP

Ontario has passed legislation to create the Ontario Retirement Pension Plan (ORPP).

N.S. universities could join public service pension plan

N.S. universities could join public service pension plan

Nova Scotia has introduced legislation that will allow university pension plans to be transferred to the Nova Scotia Public Service Superannuation Plan (PSPP).

  • By: Staff
  • April 27, 2015 September 13, 2019
  • 00:01
Ontario releases proposed criteria for exempting JSPPs from funding requirements

Ontario releases proposed criteria for exempting JSPPs from funding requirements

The Ontario government has released a consultation paper on the proposed criteria that the government might use to evaluate whether newly established multi-employer jointly sponsored…

  • By: Staff
  • April 27, 2015 September 13, 2019
  • 00:01
ORPP reactions remain divided

ORPP reactions remain divided

Ontario’s decision to move ahead with creating the Ontario Retirement Pension Plan, a mandatory provincial plan that will offer a retirement benefit on top of…

ORPP Administration Corporation details revealed

ORPP Administration Corporation details revealed

The Government of Ontario has unveiled details about its plan to create an arms-length organization to administer the Ontario Retirement Pension Plan (ORPP).

Nova Scotia Pension Benefits Act coming into effect

Nova Scotia Pension Benefits Act coming into effect

Nova Scotia's updated Pension Benefits Act will come into effect on June 1.

  • By: Staff
  • April 23, 2015 September 13, 2019
  • 10:22
DC plan sponsors should be exempt from ORPP: Money managers

DC plan sponsors should be exempt from ORPP: Money managers

Capital Accumulation Plans should be exempt from participating in the proposed Ontario Retirement Pension Plan (ORPP), said Marka Yamada, president and CEO of PUP Investing,…

ORPP bill moves ahead

ORPP bill moves ahead

Bill 56, An Act to require the establishment of the Ontario Retirement Pension Plan, has moved one step closer to becoming law.

Does anyone need a PRPP?

Does anyone need a PRPP?

Both small business and insurance industry leaders exhorted the Pooled Registered Pension Plan (PRPP) as a preferable option over the ORPP. But PRPPs may be…

  • By: Greg Hurst
  • March 27, 2015 September 13, 2019
  • 07:43
Committee to hold ORPP hearings

Committee to hold ORPP hearings

The Standing Committee on Social Policy will meet to consider Bill 56, An Act to require the establishment of the Ontario Retirement Pension Plan,later this…

  • By: Staff
  • March 16, 2015 September 13, 2019
  • 10:46
FATCA: Growing pains for administrators

FATCA: Growing pains for administrators

We are all familiar with the expression “the long arm of the law.” However, few laws’ arms are longer than that of the U.S. Foreign…

An important development for sustainable investment

An important development for sustainable investment

In Ontario, the regulator recently made it a requirement effective Jan. 1, 2016 for pension funds to disclose whether environmental, social and governance (ESG) factors…

  • March 6, 2015 September 13, 2019
  • 12:08
Ottawa needs to clear the path for TBPs: Report

Ottawa needs to clear the path for TBPs: Report

Ottawa needs to change federal tax rules so that they accommodate single-employer target benefit plans, according to a C.D. Howe Institute report.

  • By: Staff
  • March 4, 2015 September 13, 2019
  • 09:53
Are target benefit plans secure?

Are target benefit plans secure?

Faced with growing pension risks, do target benefit plans offer security for sponsors?

Editorial: Broken promises

Editorial: Broken promises

The House of Commons recently passed Bill C-518, which would revoke the pensions of politicians who are convicted of certain serious crimes.

Quebec to amend Supplemental Pension Plans Act

Quebec to amend Supplemental Pension Plans Act

Last week, Quebec introduced Bill 34, “An Act to amend the Supplemental Pension Plans Act with respect to the funding and restructuring of certain multi-employer…

  • By: Staff
  • February 24, 2015 September 13, 2019
  • 11:30