The Royal Newfoundland Constabulary (RNC) has laid dozens of fraud-related charges against a 62-year-old former employee of the archdiocese of St. John’s. The RNC alleges…
Ontario’s new rules for dividing pensions on marriage breakdowns are a welcome development, Ian Edelist, pension practice leader at Eckler Ltd., said during an Association…
Watch this video Just because there haven’t been any large lawsuits around DC plans in Canada yet doesn’t mean they aren’t possible. Paul Litner, partner,…
Other plans might be increasing member contribution rates but the Healthcare of Ontario Pension Plan (HOOPP) board of trustees says HOOPP won’t be one of…
The C.D Howe Institute warns those advocating for expanding the CPP to not be fooled by the fund’s good returns and perceived sustainability. The CPP…
The New Brunswick government has asked the City of Saint John to rework reform proposals for its ailing pension plan. City manager Patrick Woods says…
Effective July 12, 2010 the Superintendent’s permission to transfer assets related to DC provisions was removed from the Pension Benefits Standards Act. As a result,…
While the budget delivered positive news for the economic growth of Canada (the federal finances are in better shape now than they were when the…
The lights were on and the cameras were rolling when Jim Flaherty tabled his 2011 Budget in March. But when the opposition parties called “Cut!”…
Watch this video What will pooled retirement pension plans mean for employers? Or for employees? Will Canadians voluntarily save more for retirement if the PRPP…
With a mandate to cut spending by about €8 billion between 2012 and 2015 (which is one of several conditions Greece must meet to continue…
The Speech from the Throne, delivered by new Governor General David Johnston, on June 3, was a missed opportunity to keep earlier promises to improve…
The pieces to the GST/HST puzzle for trustees and sponsors of registered pension plans and other employee benefits plans are now all out of the…
For some employers, getting employees to formulate a financial plan for retirement is much like leading a horse to water. You can’t make employees plan…
The treatment and protection of members’ accrued pensions in an underfunded DB pension plan following the insolvency of the plan sponsor has been the subject…
As of January, International Financial Reporting Standards (IFRS) are in effect for publicly traded Canadian companies. What’s pertinent to DB plans and other post-retirement benefits…
In my previous column, Examining portfolio risk, we discussed ex-ante risk, ex-post risk and how both measures can provide greater understanding of portfolio risk. In…
Jack Layton wants provincial premiers onside as his New Democrats use their new-found status in Parliament to push for strengthened public pensions. The newly minted…
As of July 1, more amendments to the Pension Benefits Standards Act, 1985 contained in Bill C-9 will come into force. These will apply to…
The Office of the Chief Actuary (OCA) of Canada has released the findings of an external peer review panel commissioned to review the 25th Actuarial…
Merger and acquisition (M&A) activity is a cyclical business, and, after the meltdown and liquidity issues of 2008, it has been in a trough, to…
Pension funding levels at large companies improved modestly at the end of last year, largely due to the moderate stock market gains and employer contributions.…
Pensions are inextricably tied to the economy, said Malcolm Hamilton, an actuary with Mercer (Canada) Ltd., speaking recently in Toronto at the Association of Canadian…
The federal government’s December 2010 announcement of the pooled retirement pension plan (PRPP) arrangement has been the most significant piece of pension reform introduced in…
With the credit and economic turmoil of 2008 and 2009 now well behind us and the flurry of merger and acquisition (M&A) activity at the…