Five steps to setting up a DC pension plan
You’ve decided to launch a defined contribution pension plan for your employees, but you don’t know where to begin. What’s the answer? How do you…
- By: Teimaz Binesh
- February 3, 2017 September 13, 2019
- 09:29
Top Stories in Pensions
Why Canadians aren’t contributing to RRSPs: survey
Fewer Canadians plan to contribute to registered retirement savings plans this year compared to last year (46 per cent versus 50 per cent), though the…
- By: Staff
- February 3, 2017 September 13, 2019
- 09:05
Hamilton hospital hosts back-to-basics financial education series
St. Joseph’s Healthcare Hamilton went back to the basics of budgeting and planning when it hosted a recent series of financial education sessions for employees. The…
- By: Jennifer Paterson
- February 1, 2017 September 13, 2019
- 19:21
Changes to Ford’s pension accounting led to $2B loss in 2016
Ford Motors Company has adjusted its method of accounting for pension contributions and other post-retirement employee benefits, the company noted in a filing to the…
- By: Staff
- February 1, 2017 September 13, 2019
- 09:17
Loblaw buys $350M in annuities for inflation-linked DB obligations
Loblaw Companies Ltd. has purchased annuities from Sun Life and BMO Insurance to reduce risk from its inflation-linked defined benefit pension plans. Read: Is it time…
- By: Sara Tatelman
- January 31, 2017 September 13, 2019
- 11:04
Have your say: Is Quebec striking the right balance with QPP reforms?
While reforms to the Canada Pension Plan are well underway, the debate on what to do with the Quebec Pension Plan is just getting started…
- By: Staff
- January 31, 2017 September 13, 2019
- 09:16
Canadian pension plans moving slowly but surely towards DC: survey
Canadian pension plans have grown significantly over the past decade, a survey by Willis Towers Watson has found. Total pension assets were US$965 billion in…
- By: Staff
- January 31, 2017 September 13, 2019
- 09:09
Sounding Board: Expansion of QPP necessary for future of Canada’s retirement system
Though Canada’s retirement income system was ranked eighth among 27 countries by the 2016 Melbourne Mercer Global Index, it also revealed the weaknesses in our…
- By: Jean-Philippe Provost and Hubert Tremblay
- January 30, 2017 September 13, 2019
- 09:46
QPP reform must target middle-income earners: ACPM
While the Association of Canadian Pension Management is in favour of enhancing the Quebec Pension Plan, it’s calling for a targeted solution to the problem…
- By: Staff
- January 27, 2017 September 13, 2019
- 09:29
Have your say: Is it time to permit deferred annuities?
Last week, the Pension Investment Association of Canada was the latest group to lend its voice to the growing concern over the decumulation of Canadian’s…
- By: Staff
- January 24, 2017 September 13, 2019
- 09:30
Investment returns predicted to fall as uncertainty leaves economy ‘most unstable’
Canadian pension plans should expect a decrease in returns across all asset classes and a weakening in investment opportunities in 2017, according to an economic…
- By: Jennifer Paterson
- January 20, 2017 September 13, 2019
- 09:48
PIAC proposes regulatory changes to address decumulation concerns
Canada’s pension and tax regulations need to be updated to address the lack of decumulation options for the growing number of Canadians nearing retirement, according…
- By: Staff
- January 20, 2017 September 13, 2019
- 09:30
Supporting adult children takes its toll on boomers’ retirement plans: survey
As baby boomers approach retirement while their children look for financial help, many are feeling the financial strain. A new TD survey found 62 per cent…
- By: Staff
- January 19, 2017 August 8, 2024
- 14:08
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