Ontario is making it easier for people who need to access their locked-in retirement funds by restructuring its financial hardship-unlocking program.
The president of the Canadian Labour Congress says that the federal government is deliberately trying to sabotage federal-provincial talks aimed at improving the Canada Pension…
Following the downgrade of Illinois’s debt by a second credit rating agency, governor Patrick Quinn called for a special legislative session to address the state’s…
Fitch has downgraded the state of Illinois’s credit rating one notch to A- after legislators were unable to pass public pension reforms last week.
Whether elected or appointed, a pension trustee faces many demands soon after assuming the role. But while the load of a trustee is heavy, there…
In the wake of the Indalex case, it might behoove plan sponsors to draft a funding policy.
The European Commission has ordered France to revamp its pension program and cut spending to address its budget deficit.
Good governance leads to better outcomes for a pension plan. That’s a given. If the party responsible for administering a plan builds a system, constructs…
In light of the Deloitte report on inappropriate Senate expenses, the Canadian Taxpayers Federation is renewing its call for a new law that would take…
The Government of Quebec has tabled a bill to create voluntary retirement savings plans in the province.
Thanks to some creative plan design, the Ontario Court of Justice has recently upheld the contractual pre-retirement locking-in provisions in a deferred profit sharing plan…
The Government of Nova Scotia has introduced an amendment to take back pensions from members of the legislative assembly convicted of a serious indictable offence.
The 2013 Ontario budget proposes introducing pooled registered pension plans in the province.
Increasing Canada Pension Plan (CPP) and Quebec Pension Plan (QPP) benefits would hurt the economy, according to a report by the Canadian Federation of Independent…
The Supreme Court of Canada has dismissed the application for leave to appeal in Carrigan v. Carrigan Estate, a case that has changed how pre-retirement death…
The first DB to DC pension plan conversion I was involved in took place in 1986. Back then, a DC pension plan was called a…
The 2008 economic crisis and its lasting aftermath have significantly influenced the dynamics of collective bargaining in both the public and private sectors in Canada.…
On Feb. 1, 2013, the Supreme Court of Canada (SCC) released its hotly anticipated decision in the Sun Indalex Finance, LLC v. United Steelworkers (Indalex)…
After posting strong returns in the mid-2000s following the tech bubble, the Colleges of Applied Arts and Technology (CAAT) Pension Plan was hit hard in…
While 2012 saw strong investment returns for Canadian DB pension plans, solvency funding issues continued to be a challenge. With similar patterns expected to continue…
Canadians should have the choice to make additional voluntary contributions to the Canada Pension Plan in order to avoid facing a significant decline in living…
The impact of the Supreme Court of Canada’s Feb.1 decision in Sun Indalex Finance, LLC v. United Steelworkers (Indalex) on lenders and credit markets has…
While most investors employ active management in an attempt to achieve market beating performance, I don’t believe investors fully realize just how likely it is…
The City of Saint John, New Brunswick was beset last year by debate over its gaping $195 million pension deficit, so bad that a consultant…
Pension litigation has been on the rise for many years. A recent decision of the Nova Scotia Supreme Court provides an important reminder to employers…