Two new legislative requirements in Ontario will have an impact on pension plan communication in 2017. First, as of Jan. 1, 2017, organizations of all…
As the new year begins, what are the key benefits, pension and investment issues facing plan sponsors in the coming months? For those providing benefits, drug…
The median solvency ratio of Canadian defined benefit pension plans closed out 2016 by reaching its highest level in more than two years, according to…
Ask your employees when they intend to retire. You might get surprising answers, because various government and think-tank studies show more Canadians, particularly those employed…
The maximum monthly benefit for new Canada Pension Plan recipients has increased by $21.67 in 2017, while monthly old-age security benefits have risen by about…
The Canada Pension Plan Investment Board sold its 45 per cent ownership interest in a Manhattan office tower to a global institutional investor for almost…
“The Ontario Registered Pension Plan was dead: to begin with. There is no doubt whatever about that. . . . Old ORPP was as dead…
2016 was certainly an interesting year for the pension and investment industries. It was a year of political moves that rocked stock markets, a number…
The end of the calendar year is a time that many of us make resolutions for personal improvements to ensure the upcoming year is even…
Equitable Group Inc. has completed a private placement of the company’s 809,585 common shares with the Ontario Municipal Employees Retirement System for $61.76 per share…
Pension plans administrators in Alberta’s private sector will have another year to put a governance policy in place. Under Bill 10, published in 2012, the…
Federal authorities allege that a former official at the pension fund for New York state public employees took bribes that included prostitutes, strippers, cocaine and a…
The solvency ratio of Canadian pension plans increased significantly between the third and fourth quarters of 2016, according to Mercer’s latest pension health index. The median…
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…