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.
The Government of Newfoundland and Labrador and unions have reached an agreement to make the Public Service Pension Plan sustainable.
The South Korean government has decided to make private pension plans mandatory.
Alberta is moving forward with sweeping pension reforms in the new Employment Pension Plans Act and regulations, which come into effect on Sept. 1, 2014.…
Pension and retirement systems need to reformed rapidily at a global level to meet demographic challenges, according to a report from EY.
All too often, employers and plan administrators may sign an agreement without sufficient review and negotiation. Sometimes, they may enter into a service relationship without…
An emerging focus on the payout phase could mean a greater fiduciary role for DC plan sponsors
Without question, workplace pension plans, particularly the traditional DB plan, serve many important purposes in modern society. Employer planning and retention considerations, employee retirement security…
The Government of New Brunswick reconvened the legislative assembly to make amendments to the Pension Benefits Act that will enable retirees under the Fraser Papers’…
Ontario's budget received royal assent last week and that means plans to create the Ontario Retirement Pension Plan will go ahead.
Ontario has been pushing the federal government and other provinces to expand the Canada Pension Plan (CPP) as a way of dealing with, in its…
On Tuesday, Alberta's Employment Pension Plans Regulation was passed by cabinet.
The Government of Ontario has reintroduced its budget that includes the proposed Ontario Retirement Pension Plan.
Unifor says a ruling by the Ontario Financial Services Tribunal on a long-standing pension dispute at Navistar not only upholds a previous decision on the…
How many regulators does it take to ensure that Canadian employment pensions are prudently funded and properly administered? Answer: 11—one to actually regulate pensions and…
There is increasing awareness of the need to move beyond the DB versus DC debate to include a middle-ground option that incorporates some of the…
Morneau Shepell Asset & Risk Management, a wholly owned subsidiary of Morneau Shepell, has received approval from the Autorité des marchés financiers to administer a…
New Brunswick is being sued by a group of retirees after the province made changes to the public sector pension plan.
Freezing a DB plan can also mean more complex governance. What do plan sponsors need to know?
The federal government has concluded its public consultations on establishing a federal framework for target benefit plans and will use the input to draft legislation.
The Government of Quebec says the province's municipal pensions are underfunded by $3.9 billion and has introduced a bill to try to fix the problem.
Standard Life has launched a new reporting tool developed to enhance information delivery capabilities for sponsors of group pension plans and their advisors.
Ontario Premier Kathleen Wynne plans to re-introduce last month's budget within 20 days after voters gave her a majority mandate on Thursday night.
Plan sponsors that think moving from DB to DC would provide them with cost certainty may be mistaken.
Not long ago Canadian pension blogs were ringing the death knell and warning plan administrators about the collapse of the “spouse-in-the-house” rule arising from the…
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