Pensions Governance/legislation Page 68

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Sheer Prudence

A pension plan administrator has a legal obligation to invest plan assets prudently and in compliance with the quantitative limits on pension investments. Until recently,…

  • By: Paul Litner
  • February 1, 2010 September 13, 2019
  • 00:00

Seeing Clearly

Roughly 18 months after the financial crisis, the economic fog is beginning to lift, but custodians still struggle with declining pension assets. In this year’s…

Custody Report – A Conversation with Custodians

The February issue of Benefits Canada featured a roundtable with senior representatives from custody service providers on the issues and trends facing the industry. This…

New voluntary pension plan most feasible: minister

B.C. finance minister Colin Hansen has identified a voluntary, supplemental pension plan based on the Canada Pension Plan (CPP) as the most likely option for…

  • By: Jody White
  • January 27, 2010 September 13, 2019
  • 00:00

Canada under-invested in physical capital

Despite an increasingly educated and well-trained labour force, Canada’s productivity growth over the past 25 years has been sluggish due to a lack of investment…

  • By: Jody White
  • January 26, 2010 September 13, 2019
  • 00:00

Pension reform requires government role: B.C. Finance Minister

B.C. Finance Minister Colin Hansen is refuting the findings of an influential report on Canada’s retirement system and is making fresh appeals for reform, reports…

  • By: Jody White
  • January 22, 2010 September 13, 2019
  • 00:00

Retirement latest theatre in battle of the sexes

Women view wealth and retirement quite differently than men, a new study finds. A survey of 1,200 Canadians, undertaken by Fleishman-Hillard on behalf of Sun…

  • By: Mark Noble
  • January 22, 2010 September 13, 2019
  • 00:00

Unions warn Conservatives over pensions

Ottawa is playing host to Canada’s 18 federal unions for Tuesday and Wednesday as they draw out a battle plan for the expected showdown over…

  • By: Jody White
  • January 19, 2010 September 13, 2019
  • 00:00

Retirement a four-letter word

Canadian employers and employees are not only growing reticent to bring up the “R” word, but expectations surrounding retirement are becoming increasingly murky, according to…

  • By: Jody White
  • January 18, 2010 September 13, 2019
  • 00:00

Government called out on slow pace of pension reform

Seniors advocacy group CARP has vowed to pursue a public campaign to hold the federal government’s feet to the fire by demanding a commitment to…

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

H1N1 and the law: what U.S. and Canadian employers should know

For most employers, proactive thinking on employment law issues means putting proper procedures in place to handle issues like discrimination, harassment claims, or a potential…

Mercer pension index up slightly

Recovering equity markets and rising interest rates combined to nudge the overall health of pension plans upward this past quarter, according to Mercer. The Mercer…

  • By: Staff
  • January 6, 2010 September 13, 2019
  • 00:00

Plan earlier rather than later for harmonization

When it comes to sales tax harmonization, which will become effective in Ontario and British Columbia in July 2010, government announcements to date have focused…

Expressed Views

The International Foundation of Employee Benefit Plans (IFEBP) conducted its first live on-site survey of plan sponsors attending the 42nd Annual Canadian Employee Benefits Conference…

Themes and Variations

Last year started with great uncertainty for pension plans, following a disastrous 2008, which was made worse by a mediocre 2007. The S&P TSX Composite…

  • By: Barry Gros
  • January 1, 2010 September 13, 2019
  • 00:00

We Need a Hero

The Benefits Canada Editorial Advisory Board met recently to discuss the current pension and benefits landscape and to share perspectives on future trends. The conversation…

Reform at Last

Christmas arrived early for plan sponsors and members as the Government of Ontario introduced legislation on Dec. 9, 2009, to amend the Ontario Pension Benefits…

Full Disclosure

As defined contribution (DC) pension plans gain international traction in today’s weakened economy, the issue of meaningful fee disclosure has garnered significant attention. Unlike the…

Benefits Canada’s top 10 pension governance stories of 2009

1. HST a dark horse for plan sponsors Ontario’s Harmonized Sales Tax will be implemented a year from now. What it means for plan sponsors…

  • By: Staff
  • December 31, 2009 September 13, 2019
  • 00:00
ABCP fines ‘no deterrent’

ABCP fines ‘no deterrent’

While the majority of retail asset backed commercial paper investors got 100% of their principal investment back, many believe the firms that sold ABCP have…

  • By: Mark Noble
  • December 22, 2009 September 13, 2019
  • 00:00

The pension disconnect: does Canada really have a problem?

On the eve of the federal-provincial finance ministers meeting in Whitehorse, a curious disconnect is emerging in Canada. A chorus of prominent voices has been…

  • By: Fred Vettese
  • December 11, 2009 September 13, 2019
  • 00:00

Ignatieff calls for pension reform

Liberal leader Michael Ignatieff is backing the idea of a supplementary government pension plan, saying Canadians are not saving enough for retirement. “We are calling…

  • By: Jody White
  • December 8, 2009 September 13, 2019
  • 00:00

Lessons from the Wal-Mart union case

On Nov. 27, 2009, the Supreme Court of Canada handed down a decision in Plourde v. Wal-Mart Canada Corp., which upheld a long-standing principle of…

  • By: Jody White
  • December 2, 2009 September 13, 2019
  • 00:00

Being Accountable

Public companies will be required to transition to International Financial Reporting Standards (IFRS) for fiscal reporting periods starting in 2011. They will need to comply…

Role Models

Amherst (Town) v. Nova Scotia (Superintendent of Pensions) (Amherst) is the first case to address the issue of who is considered an “employer” for the…