While many Canadians over the age of 55 have longevity-related concerns when it comes to retirement, only a third expect to adjust their future lifestyle…
Between 2000 and 2013, fewer and fewer 25- to 54-year-olds used registered retirement savings plans, a study from Statistics Canada has found. The number of…
While institutional investors want to improve transparency in climate-related financial disclosures, they face unique circumstances that would make it difficult to accurately disclose an investment…
The Ontario government should include surpluses from two of its jointly sponsored pension plans in its financial statements, an expert advisory panel recommended on Monday. “Simply…
The gross income replacement level of a typical capital accumulation plan grew by one per cent in the fourth quarter of 2016, according to a…
Ten Canadian pension funds are among the top 100 global private equity investors, according to a new report by data and intelligence company Preqin. The…
Canadian defined benefit pension plans saw a median gain of 5.3 per cent in 2016, according to findings by Northern Trust Co. Canada. “The net…
Some 323,000 Canadians have inadequate retirement income once the costs of long-term health care are factored in, a figure that could grow to about 815,500…
CAA South Central Ontario will share the lessons learned during its transition to a defined contribution pension plans at the 2017 Benefits and Pension Summit…
Canadian defined benefit pension plans closed out 2016 with an annual return of 6.8 per cent, up from 5.4 per cent in 2015, according to…
At a time when 11 million Canadians don’t have a workplace pension plan, it makes good sense for those who do to learn about their…
The federal government’s advisory council on economic growth has released its second wave of recommendations that include extending the age of eligibility for the Canada Pension Plan,…
Last week, injured elevator technician Gordon Skinner won the right to have his medical marijuana prescription covered by his employer-sponsored plan. It’s not the first time a plan…
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…