Latest news in Governance/legislation

PRPPs: Not a silver bullet

PRPPs: Not a silver bullet

The Framework for Pooled Registered Pension Plans, released by the Department of Finance in December 2010, suggests that the introduction of pooled registered pension plans…

What’s your party’s pension reform agenda

What’s your party’s pension reform agenda

As I write this, the first federal election campaign of 2011 is entering the home stretch. I say “first,” because the discordant tenor of the…

  • By: Greg Hurst
  • April 28, 2011 September 13, 2019
  • 09:40
Provincial and federal pension reforms – simplified

Provincial and federal pension reforms – simplified

Pensions are politically difficult, said Peggy McCallum, a partner with Fasken Martineau DuMoulin LLP, speaking at the Association of Canadian Pension Management’s spring session, Checking…

Infrastructure financing improving

Infrastructure financing improving

The current state of infrastructure in Canada and its future development compare favourably with the rest of the world. An expert panel at the recent…

The results of blurred lines in pension administration

The results of blurred lines in pension administration

The recent Ontario Court of Appeal decision in the Ault v. Canada (Attorney General) case serves as a reminder to pension service providers that they…

  • By: Jana Steele
  • April 21, 2011 September 13, 2019
  • 11:41
Peter Bethlenfalvy joins Manulife

Peter Bethlenfalvy joins Manulife

Peter Bethlenfalvy has joined Manulife Financial in the role of senior vice-president, financial regulations. He will be responsible for strategy and monitoring of financial regulatory…

  • By: Staff
  • April 19, 2011 September 13, 2019
  • 11:49
Ontario pension reform explained

Ontario pension reform explained

Two recent bills introduced in Ontario put forward some important changes to the more than 8,000 employee pension plans regulated by the province. A webinar…

  • By: Neil Faba
  • April 18, 2011 September 13, 2019
  • 13:57
Solvency relief for public sector pensions: Ontario

Solvency relief for public sector pensions: Ontario

On Feb.10, 2011, Ontario released details on Proposed 2011 Solvency Relief, measures that would provide temporary solvency funding relief for eligible public sector and broader…

No jail for pension fraudster

No jail for pension fraudster

A Winnipeg man who collected more than $80,000 from his dead mother’s pension payments has been given a suspended sentence. Government pension payments from both…

  • By: Staff
  • April 15, 2011 September 13, 2019
  • 11:38
Get employees to take action: make a culture shift

Get employees to take action: make a culture shift

Every year, the pension industry conducts research that measures how engaged participants are in their retirement plans. Despite tremendous efforts by plan sponsors to educate…

Caisse reports strong single-year gain

Caisse reports strong single-year gain

The Caisse de dépôt et placement du Québec reported a 13.6% return in its annual report for fiscal 2010, which was released today. “I am…

  • By: Neil Faba
  • April 13, 2011 September 13, 2019
  • 11:49
CPPIB partners in $350 million investment

CPPIB partners in $350 million investment

Warburg Pincus, the Canada Pension Plan Investment Board (CPPIB) and KERN Partners have agreed to invest up to $350 million in Black Swan Energy Ltd.,…

  • By: Staff
  • April 12, 2011 September 13, 2019
  • 10:35
HOOPP fully funded: Annual report

HOOPP fully funded: Annual report

The Healthcare of Ontario Pension Plan (HOOPP) continues to be fully funded and is reporting returns of 13.68% and net assets of $35.7 billion in…

  • By: Staff
  • April 11, 2011 September 13, 2019
  • 13:47
United Steelworkers wins pension battle

United Steelworkers wins pension battle

The United Steelworkers (USW) union has won a landmark legal decision forcing an insolvent corporation to honour pension obligations to employees. The Court of Appeal…

  • By: Staff
  • April 11, 2011 September 13, 2019
  • 13:27
Transitioning to retirement: Get the message out

Transitioning to retirement: Get the message out

Statistics are a funny thing. They can be twisted and turned and manipulated to support or refute nearly any question. But they serve an important…

  • By: Joel Kranc
  • April 11, 2011 September 13, 2019
  • 10:40
Boost financial literacy to improve retirement savings

Boost financial literacy to improve retirement savings

The continuing demographic shift has put the retirement income issue into the spotlight and prompted discussion between government, the private sector and Canadians. But people’s…

  • By: Neil Faba
  • April 8, 2011 September 13, 2019
  • 13:10
Pension decision favours staff: Globe and Mail

Pension decision favours staff: Globe and Mail

The Ontario Court of Appeal ruled in favour of the former employees of Indalex yesterday. The aluminum company, which filed for creditor protection under the…

  • By: Staff
  • April 8, 2011 September 13, 2019
  • 11:40
The Caisse updates investment policy

The Caisse updates investment policy

The Caisse de dépôt et placement du Québec announced today it has updated its Policy on Responsible Investment, which has been in effect since 2005.…

  • By: Staff
  • April 8, 2011 September 13, 2019
  • 11:37
Pension policies need updating, says Rae

Pension policies need updating, says Rae

Otto von Bismarck, first chancellor of Germany, introduced the world’s first state pension plan in the 1880s. Citizens weren’t eligible to collect benefits until age…

  • By: Neil Faba
  • April 7, 2011 September 13, 2019
  • 12:41
New GST and HST changes affecting pension plans

New GST and HST changes affecting pension plans

The new pension plan deemed supply GST/HST rules are now fully in effect, and their impact is already hitting plan sponsors. Confusion, yes, but there…

  • By: Greg Hurst
  • April 5, 2011 September 13, 2019
  • 10:15
Pains of a small pension plan

Pains of a small pension plan

Statistics Canada reported in its Pension Plans in Canada survey that, in 2006, just under 220,000 Canadians were members of small registered pension plans (plans…

Why we need to improve pension coverage: A look at the numbers

Pension plans and the issue of who has (or does not have) them has become a hot topic in Canada. As the populations of developed…

  • March 30, 2011 September 13, 2019
  • 12:02
New tax form for pension and benefits filers

New tax form for pension and benefits filers

The Canada Revenue Agency has introduced a new version of Form GST494. The form is based on the Excise Tax Act (ETA), the proposed amendments…

  • By: Staff
  • March 30, 2011 September 13, 2019
  • 10:40
Nfld Employers’ Council disputes pensioners’ claims

Nfld Employers’ Council disputes pensioners’ claims

The head of the Newfoundland and Labrador Employers’ Council has voiced his opposition to a recent request by public sector pensioners for increased pension benefits.                    …

  • By: Staff
  • March 29, 2011 September 13, 2019
  • 12:25
New Brunswick pension task force seeks submissions

New Brunswick pension task force seeks submissions

A three-member task force created by the New Brunswick government to review rules and regulations protecting private pensions in the province is inviting organizations and…

  • By: Staff
  • March 28, 2011 September 13, 2019
  • 12:58