In June 2009, the Ontario Government amended the Regulation to the Pension Benefits Act (Ontario), or PBA, providing most defined benefit pension plan sponsors with…
The solution to Canada’s workforce conundrum requires some fresh thought and tough choices, according to the C.D. Howe Institute. Some of the suggestions contained in…
Careful observers of the Canadian pension scene may have noticed that when the federal government issued the final version of its new solvency funding…
How to address pension plan funding and insolvent plan sponsors in a time of crisis. The financial results of 2008 are hitting pension fund…
How an internal audit can help your organization manage pension risks and improve its procedures. In this turbulent economic climate, any reference to pension…
Over the past several months, news headlines have been filled with the troubles pension funds have found themselves in. Indeed, there are a multitude of…
The Manitoba Court of Appeal has outlined important principles of contractual interpretation with relation to pension plans, along with guidance on how possibly to avoid…
A recent Mercer study on flexible benefits plans in the U.K. has found that preferred benefits options vary according to characteristics including age, gender and…
Keeping costs at a minimum in this turbulent economy is top of mind for employers. At the recent Managing the Workplace During an Economic Downturn…
While Canadian employers move aggressively to contain costs and manage risk, they are also making a concerted effort to minimize the impact on employees, a…
The Supreme Court has dismissed a $350-million bid to launch a class action against CIBC for unpaid after-hours work. In a 37-page decision, Madam Justice…
The Alberta-B.C. (ABC) pension proposal for a government-sponsored supplemental pension plan is flawed and should be abandoned in favour of comprehensive reform of the Canada…
Plan administrators attending the International Foundation of Employee Benefit Plans’ session on Retirement Arrangements on June 17 in Toronto learned that while Canadian and American…
Recent legal decisions are sending the message that employees have the right to work in an atmosphere of civility and dignity and that employers that…
Northern Trust has created a pensions advisory group to help European pension clients with investment and regulatory issues. “The formation of the retirement solutions practice…
What seemed a bump in road in 2002 has now become a frighteningly deep hole for plan sponsors. At the same time, it is shedding…
Facing criticism over the Canada Pension Plan Investment Board’s (CPPIB) compensation structure, Federal Finance Minister Jim Flaherty has asked all government-owned companies to review their…
Employee engagement is holding up under the pressure of the global recession, but with many workers beginning to question their leaders’ competency and direction. Employers…
When the title of the annual report for the largest pension plan in the country begins with “Let us explain,” it’s clear that something has…
When a particular pension or benefits topic is making waves in the media, I often hear from PR firms. If I had a dollar for…
The Ontario government announced in its last budget that it would provide the Ontario Teachers’ Pension Plan with the legal authority to act as an…
The predicament that Canada’s pension system currently finds itself in has all the makings of an election issue, save for one: an individual to grab…
The ongoing global financial crisis has been almost unprecedented in scope and scale. It looks as if we’ve missed, if only by a hair, the…
What are the implications of pension funds assuming third party investment management responsibilities for other funds? The current premise is that pooling of assets will…
Once regarded outmoded and unsustainable, the Book reserve model of pensions has emerged the most resilient in the face of the global financial crisis, a…