The median solvency ratio of Canadian defined benefit pension plans hit its highest level since before the 2007 financial crisis, according to the latest quarterly…
Large pension plans in the United States are increasingly looking to Canadian pension funds for ideas and best practices in institutional investing, according to a…
Younger Canadians are at risk of shouldering any future deficit in the expanded Canada Pension Plan if it experiences shortfalls in investment returns, according to a…
More than 200 employees in a defined contribution pension plan at Cape Breton University have joined the Nova Scotia Public Service Superannuation Plan, a defined benefit scheme for…
Many publicly traded companies give employees the opportunity to own shares in the company they work for. Traditionally, that happens through an employee share plan where…
More employers should be considering offering group decumulation options to employees, the Association of Canadian Pension Management argues in a new report. While individual options…
The solvency position of Canadian defined benefit pension plans remained level through the first quarter of 2017, according to Mercer’s latest pension health index. The index,…
In its report on employer pension plans in Canada published earlier this month, Statistics Canada noted the overwhelming majority of plan members are in trusteed…
The Ontario Teachers’ Pension Plan saw a 4.2 per cent rate of return in 2016, which was down 8.8 percentage points from 13 per cent…
Now is the time for employers to start looking at the Canada Pension Plan enhancements and their potential affects on workplace pension plans, said lawyer…
The Prince of Wales’ Accounting for Sustainability project has launched a Canadian chapter of its chief financial officer network that will focus on the role…
Veterans Affairs Minister Kent Hehr has all but ruled out a return to the old way injured veterans received pensions, setting up a potentially vicious…
Among the changes announced by the federal government in its budget yesterday is the cancellation of the Canada savings bond program, a savings vehicle many employers have…
An article on how the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline will impact plan sponsors and members was the most-read story…
While the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline contains several key updates with regard to plan sponsor and member responsibilities,…
In 2023, the world’s 300 largest pension funds’ assets under management increased by 10 per cent to US$22.6 trillion, compared to $20.6 trillion at the…
The International Centre for Pension Management is celebrating 20 years of promoting strong pension governance practices by regularly engaging plan sponsor members, says Sebastien Betermier, the organization’s…
With many Canadian defined benefit pension plans in a strong funded position, plan sponsors, particularly those with unionized workforces, are increasingly discussing the use of…
The federal government is currently seeking recommendations about its plan to introduce solvency reserve accounts for federally regulated defined benefit pension plans. Under the government’s…
From 2016 to 2024, fewer plan members are confident they’ve saved enough for retirement. Indeed, Benefits Canada’s 2024 CAP Member survey found plan members’ optimism…
Going through a divorce can be an extremely stressful and emotional experience and, unsurprisingly, the impacts can spill into the workplace. “[Employees may be] at…
When Phillip Kotanidis took over as chief human resources officer at Toronto’s Michael Garron Hospital in 2018, the financial well-being of staff wasn’t exactly high…
As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says…
Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…
Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…