OPTrust return slides to 6% in 2016
OPTrust’s investment return for 2016 decreased to six per cent, compared to its return of eight per cent in 2015. Its 2016 funded status report,…
- By: Julius Melnitzer
- March 13, 2017 September 13, 2019
- 10:00
Top Stories in Pensions
Newfoundland mine retirees receive good news in pension battle
Former employees of Wabush Mines in Newfoundland and Labrador received good news Thursday when the provincial government announced a legal move that could help them…
- By: Jann Lee
- March 10, 2017 September 13, 2019
- 09:54
HOOPP return rises to 10.4% for 2016
Despite a challenging start to 2016, the Healthcare of Ontario Pension Plan improved its investment return to 10.4 per cent by the end of the…
- By: Jennifer Paterson
- March 9, 2017 September 13, 2019
- 11:00
Market value of Canada’s trusteed pensions continues to grow: Stats Can
The market value of Canadian employer-sponsored pension plans grew 3.9 per cent to a total of $1.7 trillion in the third quarter of 2016, nearly…
- By: Jennifer Paterson
- March 9, 2017 September 13, 2019
- 09:18
Have your say: Should CPP enhancements include dropout clause for new parents?
As the government moves forward on enhancements to the Canada Pension Plan, critics are raising concerns about the absence of a dropout clause for parents who…
- By: Staff
- March 7, 2017 September 13, 2019
- 09:20
CAAT plan’s funding status climbs to 113.3%
The College of Applied Arts and Technology pension plan was 113.3 per cent funded on a going-reserve basis as of Jan. 1, 2017, according to…
- By: Staff
- March 7, 2017 September 13, 2019
- 08:48
Canada Post union pushes for DB plans for all members
In its latest round of negotiations with Canada Post, the Union of Postal Communications Employees, a division of the Public Service Alliance of Canada, is fighting…
- By: Sara Tatelman
- March 6, 2017 September 13, 2019
- 10:00
Canadian DB pension solvency continued to rise in February: survey
The financial health of Canadian defined benefit pension plans improved again in February as buoyant stock markets offset the impact of moderating bond yields, according…
- By: Staff
- March 3, 2017 September 13, 2019
- 08:45
CPP enhancements receive final sign-off
Canada’s governor general has signed an order in council to bring the Canada Pension Plan enhancements in Bill C-26 into force, marking the final step…
- By: Staff
- March 2, 2017 September 13, 2019
- 10:30
Canadian retirees more financially satisfied and confident than pre-retirees: survey
Canadian retirees report a higher degree of financial satisfaction, are more confident in their financial decisions and have less anxiety about retirement compared to those…
- By: Jennifer Paterson
- March 2, 2017 September 13, 2019
- 09:32
B.C. case pits U.S. pension claims against Canadian workers in bankruptcy matter
In a case with significant consequences for Canadian employers and workers that has echoes of the saga involving Nortel Networks Corp., the British Columbia Supreme…
- By: Julius Melnitzer
- March 2, 2017 September 13, 2019
- 09:10
Newfoundland MHAs’ potential move to DC pension could save $5.2M
Newly-elected members of the House of Assembly in Newfoundland and Labrador could be moved out of their defined benefit pension plan to a defined contribution…
- By: Jennifer Paterson
- March 1, 2017 September 13, 2019
- 09:12
Half of Canadian retirees left work earlier than expected: survey
Nearly half (48 per cent) of retired Canadians aged 50 and over stopped working earlier than expected, with 33 per cent doing so because of…
- By: Staff
- February 28, 2017 September 13, 2019
- 08:43
Top 5 HR, benefits, pension and investment stories of the week
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…
- By: Staff
- September 27, 2024 September 26, 2024
- 09:00
How CAPSA’s updated CAP guideline will impact plan sponsors, members
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,…
- By: Blake Wolfe
- September 24, 2024 September 24, 2024
- 09:00
Report finds world’s 300 largest pension funds’ AUM increased 10% in 2023
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…
- By: Staff
- September 18, 2024 September 18, 2024
- 09:00
ICPM celebrating 20 years of promoting strong pension governance practices
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…
- By: Bryan McGovern
- October 1, 2024 September 30, 2024
- 11:00
How are Canadian DB pension plan sponsors making use of surplus funds amid positive funded status environment?
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…
- By: Bryan McGovern
- September 26, 2024 September 25, 2024
- 11:00
Feds seeking feedback on solvency reserve accounts for federally regulated DB pension plans
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…
- By: Staff
- September 26, 2024 September 30, 2024
- 11:00
2024 CAP Member Survey: How CAPs are supporting employee financial wellness amid growing economic uncertainty
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…
- By: Blake Wolfe
- September 13, 2024 September 12, 2024
- 08:56
How plan sponsors can support employees going through a divorce
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…
- By: Kelsey Rolfe
- September 13, 2024 September 12, 2024
- 08:54
2024 Top 100 Pension Funds report: Employees’ financial wellness moving up the agenda for pension plan sponsors
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…
- By: Michael McKiernan
- June 21, 2024 June 20, 2024
- 08:55
How Ontario pay transparency legislation will impact employers
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…
- By: Sadie Janes
- December 4, 2023 December 1, 2023
- 09:00
Desjardins using budget workshops, interactive game to support employee financial wellness
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…
- By: Sadie Janes
- November 24, 2023 November 23, 2023
- 09:00
2023 Healthy Outcomes Conference: A closer look at the mental, physical, financial risk factors facing plan members
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…
- By: Kelsey Rolfe
- November 20, 2023 November 15, 2023
- 07:58