Pensions Governance/legislation Page 66

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Update from Quebec: changing the rules

Update from Quebec: changing the rules June 16, 2010 | Luc Villiard Much has changed for defined benefit (DB) plan sponsors in Quebec over the…

Ottawa, Ontario unite on pension reform

After what seemed like an eternity of consultations, town hall meetings and white papers, Federal Finance Minister Jim Flaherty and Ontario Finance Minister Dwight Duncan…

  • By: Jody White
  • June 11, 2010 September 13, 2019
  • 00:00

A not-so-full recovery

Over the past couple of years, the world’s stock markets have experienced a steep decline followed by a dramatic recovery. Although the Canadian stock market…

Pension law changes and your Ontario registered pension plan

There has been a flurry of activity in the pension regulatory world over the past several months. This article will set out some of the…

An age-old story

Since the market meltdown of 2008, pension plans have a renewed focus on managing investment risk. However, few plans can afford to lose sight of…

Closing the pension gap

Closing the pension gap May 25, 2010 | Peter Drake In early May, I had the privilege of being a panelist at a conference held…

Immediate vesting imminent in Ontario

Bill 236, the Pension Benefits Amendment Act, 2010, received Royal Assent on May 18, 2010, and is important to all Ontario plan sponsors, according to…

  • By: Jody White
  • May 21, 2010 September 13, 2019
  • 00:00

Pension chiefs call for political action on retirement reform

An open letter from a group of Canada’s leading pension organizations is calling on the country’s finance ministers to create a federal-provincial task force to…

  • By: Jody White
  • May 20, 2010 September 13, 2019
  • 00:00

Pre-emptive strike launched against national securities regulator

Alberta and Quebec have joined forces in a broadside against the formation of a national securities regulator. In a blistering 44-page missive, Fraser Milner &…

  • By: Jody White
  • May 20, 2010 September 13, 2019
  • 00:00

Ask the Expert: Malcolm Hamilton

What needs to change to make the Canadian retirement system sustainable? Our system is like the Titanic: big, slow to turn and vulnerable to large…

Leech calls for pension system update

The failure of pension plan legislation and design to keep up with the times is hurting the ability of Canadians to prepare for retirement, according…

  • By: Jody White
  • May 12, 2010 September 13, 2019
  • 00:00

IFIC weighs in on retirement debate

The Investment Funds Institute of Canada (IFIC) is urging the federal government to consider the full spectrum of retirement assets in its efforts toward reform…

Quebec report – a new decade in Quebec pension law

In Quebec, the end of the last decade was marked by the convergence of two major pension law initiatives. The first one, the remnants of…

All for one

In recent years, the costs of post-retirement benefits have been a growing concern for corporations. According to a 2008 Mercer survey, one-third of respondents had…

Canadian pension reform: the survey says…

The financial events of 2008 and early 2009 will have a long-lasting effect on the myriad stakeholders of employer-sponsored pension plans. Many plan sponsors are…

The importance of financial literacy

As I finalize preparations for a presentation on the importance of financial literacy, I am struck by the sheer magnitude of the challenges ahead for…

A big day for pension debate

A Toronto hotel provided the forum for comprehensive and spirited debate on Canada’s retirement system on Wednesday. Speaking at the Conference Board of Canada’s Summit…

  • By: Jody White
  • April 14, 2010 September 13, 2019
  • 00:00

Flaherty hints at private sector pension solution

Federal Finance Minister Jim Flaherty seems to be leaning towards a private sector solution to address the shortcomings of Canada’s retirement system, reports the Globe…

  • By: Jody White
  • April 13, 2010 September 13, 2019
  • 00:00

Record fine for CCWIPP trustees

Nine trustees of the Canadian Commercial Workers Industry Pension Plan (CCWIPP) have been slapped with a total fine of $202,500 for a breaching their fiduciary…

  • By: Jody White
  • April 9, 2010 September 13, 2019
  • 00:00

Pension funds battle hedge funds over “side pocketing”

Institutional investors around the world are pushing back against a hedge fund practice that isolates up to 10% of an investor’s assets, according to a…

  • By: Jody White
  • April 6, 2010 September 13, 2019
  • 00:00

Broken promises

The crisis in the financial system led to a recession, an equity market meltdown and a collapse in long-term interest rates. The solvency position of…

Budget ruts

On the evening of March 4th, our team of writers and editors settled in for a long night, preparing to broadcast news of the 2010…

2010 Quebec budget highlights

Quebec Finance Minister Raymond Bachand tabled his 2010–2011 provincial budget on March 30, 2010. According to Towers Watson, the budget proposes measures to reduce the…

  • By: Jody White
  • April 1, 2010 September 13, 2019
  • 00:00

Let them save, says CLHIA

Canada’s insurance and health industry believes the country’s retirement system is far from broken, and that individuals simply need more incentive to save for themselves.…

  • By: Jody White
  • March 31, 2010 September 13, 2019
  • 00:00

Alice in Pensionland

  The success of the recent theatrical release Alice in Wonderland has brought renewed attention to one of the most famous lines in the 19th…