Latest news in Governance/legislation

Is investment choice necessary?

Is investment choice necessary?

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…

  • By: Greg Hurst
  • March 13, 2013 September 13, 2019
  • 06:50
Sustaining pensions in union environments

Sustaining pensions in union environments

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.…

Indalex: Outcomes of wearing multiple hats

Indalex: Outcomes of wearing multiple hats

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)…

Strategy: Dynamic dual at CAAT

Strategy: Dynamic dual at CAAT

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…

  • By: Leigh Doyle
  • March 1, 2013 September 13, 2019
  • 07:11
Pension law developments

Pension law developments

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…

  • By: Neil Faba
  • February 21, 2013 September 13, 2019
  • 09:31
CIBC CEO calls for CPP-like vehicle in pension reform debate

CIBC CEO calls for CPP-like vehicle in pension reform debate

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…

  • By: Staff
  • February 20, 2013 September 13, 2019
  • 08:17
Indalex: Know where to hang your hat

Indalex: Know where to hang your hat

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…

  • By: Mark Firman
  • February 11, 2013 September 13, 2019
  • 07:24
Can underperformance be predictable?

Can underperformance be predictable?

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…

East coast municipalities grapple with pension debt

East coast municipalities grapple with pension debt

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…

Take caution with pension committee email

Take caution with pension committee email

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…

Barriers to pension plan de-risking

Barriers to pension plan de-risking

Historically, Canadian pension accounting standards were viewed as one of the barriers encountered by employers wishing to reduce pension risk. These barriers included the ability…

  • January 15, 2013 September 13, 2019
  • 09:30
A newer model

A newer model

The target benefit plan (TBP) is a new pension model gaining both attention and momentum in Canada for its potential to provide plan members with…

  • By: Jana Steele
  • January 8, 2013 September 13, 2019
  • 10:29
Best of pensions 2012

Best of pensions 2012

Employees are staying into the workforce for much longer than their parents and grandparents did. There are both social and financial reasons driving this trend.…

  • By: Staff
  • December 24, 2012 September 13, 2019
  • 10:22
Comparing retirement systems: Canada vs. U.S.

Comparing retirement systems: Canada vs. U.S.

In Canada, there has been a lot of talk about the current public retirement system and how it should be improved. But how does Canada’s…

New bill addresses Alberta private sector pensions

New bill addresses Alberta private sector pensions

The Alberta government has introduced Bill 10, the Employment Pension Plans Act, in the provincial legislature. The bill aims to allow plan administrators to more…

  • By: Neil Faba
  • October 29, 2012 September 13, 2019
  • 09:38
Flashback: When Quebec phased retirement

Flashback: When Quebec phased retirement

For generations, the concept of retirement centred around a one-time event: you worked to age 65, then your employer sent you off with a gold…

  • By: Neil Faba
  • October 26, 2012 September 13, 2019
  • 07:07
HOOPP, OPSEU, CAAT sign pension deal with province

HOOPP, OPSEU, CAAT sign pension deal with province

Ontario finance minister Dwight Duncan publically announced yesterday that the province and The Healthcare of Ontario Pension Plan (HOOPP), The Ontario Public Service Employees Union…

Disclosure vs. communication: More than just semantics

Disclosure vs. communication: More than just semantics

Disclosure—it’s a word that’s popping up with increasing frequency in the pension world. In fact, it’s hard to turn around these days without tripping over…

Is the PRPP dead?

Is the PRPP dead?

The only news around pooled registered pension plans (PRPPs) today seems to be coming from the federal Department of Finance, Ted Menzies, Minister of State…

  • By: Greg Hurst
  • October 19, 2012 September 13, 2019
  • 08:27
New Brunswick’s innovative answer to pension reform

New Brunswick’s innovative answer to pension reform

B plans across the country have faced significant issues in recent years, including low interest rates, changing demographics (such as longer life expectancy and an…

  • By: Jana Steele
  • September 26, 2012 September 13, 2019
  • 07:00
Stop pretending: PRPPs not a panacea

Stop pretending: PRPPs not a panacea

The federal government has created the pooled registered pension plan (PRPP) in the hopes that provinces would each adopt a bill creating a similar product…

P.E.I. examines $436-million pension shortfall

P.E.I. examines $436-million pension shortfall

Members of the Prince Edward Island Legislature’s Public Accounts Committee were briefed yesterday on options for tackling the funding shortfall in the province’s public sector…

  • By: Staff
  • August 29, 2012 September 13, 2019
  • 09:39
Lost boy to pension analyst: Kuol an industry inspiration

Lost boy to pension analyst: Kuol an industry inspiration

One of the first lessons Panther Kuol learned while growing up in Sudan was the value of planning carefully for the future.

  • By: Neil Faba
  • August 28, 2012 September 13, 2019
  • 09:29
Will the PRPP matter?

Will the PRPP matter?

The pooled registered pension plan (PRPP)—proposed by the federal government in response to the lack of pension coverage across Canada—may also help to resolve employers’…

  • By: Leigh Doyle
  • August 15, 2012 September 13, 2019
  • 09:46
The advisor’s role in benefits plans

The advisor’s role in benefits plans

The shift to more complicated arrangements that require additional communication also means there is a greater role for advisors in the decision-making process.

  • By: Leigh Doyle
  • August 15, 2012 September 13, 2019
  • 08:47