The 5 key components of a DB pension funding regime
The interest in pension funding rules is as great as ever, with changes taking effect in Quebec in 2016 and a review of funding rules…
- February 24, 2017 September 13, 2019
- 09:00
Top Stories in Pensions
Manitoba should consider pension funding reform instead of temporary measures: PIAC
Manitoba should initiate an overall pension funding reform review similar to other provinces rather than continuing to rely on temporary solvency relief measures, according to…
- By: Staff
- February 23, 2017 September 13, 2019
- 08:36
Health-care union to introduce low-fee, portable savings plan
Canada’s health-care union, the Services Employees International Union Healthcare, is introducing a new low-fee, portable retirement plan for its members and their family members. The…
- By: Jennifer Paterson
- February 22, 2017 December 10, 2021
- 09:30
Have your say: Are employers responsible for helping staff boost RRSP contributions?
As the registered retirement savings plan turns 60 this year and the annual contribution deadline looms ahead, two new pieces of research show a shift…
- By: Staff
- February 21, 2017 September 13, 2019
- 13:45
CPPIB head says China and Canada face similar pension challenges
China sees Canada as a valuable source of expertise as both countries grapple with the needs of an aging population that’s increasingly retired, according to…
- By: David Paddon, The Canadian Press
- February 21, 2017 September 13, 2019
- 10:00
Canadian pensioners not living as long as expected: research
Longevity for Canadian pensioners is lower than anticipated, which could be costing defined benefit plan sponsors, according to new research by Club Vita Canada Inc.…
- By: Staff
- February 21, 2017 September 13, 2019
- 09:40
How to deal with DB pensions in an M&A transaction
When General Electric Co. acquired French multinational Alstom’s energy activities in November 2015, the transaction was via a stock purchase. That meant the whole division…
- By: Jennifer Paterson
- February 21, 2017 September 13, 2019
- 08:56
Stelco’s long battle on the pension precipice
Like most 19-year-olds, Gary Howe didn’t pay a great deal of attention to his pension entitlements when he signed up with Stelco Inc. as an…
- By: Michael McKiernan
- February 21, 2017 September 13, 2019
- 08:55
A primer on multi-employer pension plans
Forget the buzz around new target-benefit legislation. Multi-employer pension plans were here first, starting about 50 years ago. Particularly common in unionized, mobile workforces such…
- By: Sara Tatelman
- February 21, 2017 September 13, 2019
- 08:53
A look at Quebec’s pension solvency changes one year on
More than a year after its implementation, Quebec’s shift to going-concern funding obligations for defined benefit pension plans has already led to some positive results…
- By: Julius Melnitzer
- February 21, 2017 September 13, 2019
- 08:52
Union agrees with auditor general on pension accounting conflict
The union representing government employees in Ontario is siding with auditor general Bonnie Lysyk in a $10.7-billion accounting dispute with the Liberal government. The disagreement…
- By: Staff with files from The Canadian Press
- February 17, 2017 September 13, 2019
- 09:35
More pension plans using target-date funds as default option
Target-date funds continue to be the most common default investment option offered to members of workplace capital accumulation plans, according to new research by the…
- By: Jennifer Paterson
- February 15, 2017 September 13, 2019
- 09:15
National financial literacy committee adds CPPIB and CLHIA execs
Fifteen leaders representing all sectors have been named to the National Steering Committee on Financial Literacy, including the Canada Pension Plan Investment Board’s Michel Leduc…
- By: Staff
- February 15, 2017 September 13, 2019
- 09:01
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