Anyone who has grappled with Canada’s pension-related GST/HST rules can agree with the Association of Canadian Pension Management’s recent assertion that the rules are “extraordinarily…
The Office of the Superintendent of Financial Institutions Canada has published a revised version of its instruction guide for the preparation of actuarial reports for…
Canada’s retirement system maintained its score of a B on the 2016 Melbourne Mercer Global Pension Index, indicating a sound structure, many good features and…
We may be witnessing the most significant changes to the funding rules of Canadian defined benefit pension plans in more than 25 years. First, since…
Millennial business owners are more likely to invest in employee benefits with 81 per cent investing in benefits within a year of launching their business,…
A court hearing on whether Northern Transportation Co. Ltd. pensioners should be the first recipients of the proceeds of the company’s sale has been delayed.…
Ontario Teachers’ Pension Plan will acquire the Canadian arm of an international beer, wine and spirits producer and marketer for about $1.03 billion. Apart from…
The median solvency ratio of Ontario’s defined benefit pension plans at Sept. 30, 2016 was 79 per cent, a very slight drop from 80 per…
The Manitoba government has approved a deferral of pension payments to help the sale of the troubled Tolko Industries pulp and paper mill in The…
The baby boomers, of which I am one, are famous for having distorted just about every market they have touched. Housing was perhaps the first…
A settlement has been reached to end a lengthy battle over divvying up the US$7.3 billion raised in Nortel Networks Corp.’s bankruptcy liquidation. The decision…
The Ontario Ministry of Finance recently closed its consultation on proposed amendments to the province’s solvency funding framework for defined benefit pension plans as plan…
Ari Kaplan has launched Kaplan Law, Canada’s first law firm focusing on pension dispute mediation. With two decades of experience at Koskie Minsky, Kaplan has been…
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…