Solid performance from equities and long-duration domestic bonds in the third quarter of 2016 boosted returns for Canadian defined benefit pension plans, according to a…
Whenever the Canada Pension Plan is amended, the chief actuary must prepare a supplementary actuarial report has to be prepared on it. That report, released…
Following the federal government’s announcement yesterday of its plans to invest in infrastructure, one of Canada’s largest pension funds is advising the government that the…
The deal to sell U.S. Steel Canada Inc. to U.S.-based holding company Bedrock Industries Group LLC has been confirmed, a transaction that was proposed in…
The McInnis Cement plan project, a collaboration between Caisse de dépôt et placement du Québec and other shareholders, is close to 75 per cent completed…
The Canada Revenue Agency has announced an increase of $400 (from $54,900 in 2016 to $55,300 in 2017) to the maximum pensionable earnings under the…
Thirty minutes after its midnight deadline, Ford Motors Company and Unifor reached a tentative agreement that reinforces the economic pattern established with General Motors of…
Leading defined contribution pension plan sponsors are shifting their focus from building account balances to building income adequacy. This outcomes-based approach means plan sponsors need…
The City of Winnipeg will soon approach police unions about amending their defined benefit pension plan as it struggles to keep it afloat, according to…
The government of British Columbia has extended the period over which pension solvency deficiencies can be funded by five years to assist plan sponsors registered…
Niagara Casinos launched an intensive communications campaign in 2015 to ensure employees were taking advantage of its defined contribution pension plan. The company’s efforts to…
Diversified pooled pension fund managers posted a median return of 4.4 per cent before management fees for the third quarter of 2016 and a median…
Pension decisions shouldn’t be made in a vacuum. For plan members to make the best decision they have to understand more than just the details…
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…