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…
Canadian DC plan sponsors need a boost to drive employees’ retirement savings
Legislation to create a retirement plan for private sector employees in Illinois has been signed into law.
Canada’s pension legislators need to fix the pension solvency funding system to reflect current realities
The Government of Alberta amended the Employment Pension Plans Regulation primarily to establish a new moratorium on solvency fund for collectively bargained multi-employer pension plans.
The Actuarial Standards Board is proposing new mortality tables be used to calculate pension commuted values for members terminating from DB plans and that could…
This year was an interesting one for the pension industry. After enhancing the Canada Pension Plan was put on hold in late 2013, Ontario went…
The Ontario government has filed O. Reg. 235/14, which amends the Pension Benefits Regulation to include provisions on the content and timing requirements for biennial…
DB plan sponsors in Alberta (and soon British Columbia) should carefully consider taking advantage of recent and forthcoming) legislation in those provinces permitting them to…
The Government of Ontario has released a consultation paper on the Ontario Retirement Pension Plan.
The Government of Ontario has introduced legislation to create the Ontario Retirement Pension Plan and pooled registered pension plans.
Quebec's National Assembly passed a bill into law on Thursday that will reform the province's municipal pensions.
Alberta’s new Employment Pension Plans Act encourages innovation in plan design
Save your money, save the world? Pension funds, we are told, can be a force for social good, from promoting sustainable environmental practices, to punishing…
Members of the National Assembly (MNAs) in Quebec will soon have to contribute more to their pensions.
CAP sponsors may be encouraged to see that member satisfaction levels remain high, both with their plans (88%) and with the performance of the plans’…
I don’t believe many pension administrators routinely read the Canada Revenue Agency’s quarterly publication, Excise and GST/HST News. Notification of edition No. 93 hit my…
Despite having been available for decades, target benefit plans will continue to be resisted by federally regulated employers unless a legal flaw is fixed, according…
Nova Scotians will soon have a new option to save for their retirement.
The Government of Ontario has released proposed amendments to Regulation 909 of the Pension Benefits Act (PBA), according to Hicks Morley's FTR Now publication.
Minister of State (Finance) Kevin Sorenson announced that five insurance companies that have federal pooled registered pension plan licences have been registered with the Office…
Pension investing is becoming more sophisticated. Is your plan’s governance keeping up?
Last Friday, the federal government released the next round of proposed amendments to the Pension Benefits Standards Regulations, which will change or enact new provisions…
The Alberta Legislature has been prorogued, officially killing all government legislation, including two controversial pension reform bills.
The Government of Nova Scotia has amended pension regulations to allow greater flexibility for people to withdraw from locked-in pensions when facing financial hardship.