What do you get when you look to transfer 9,000 members, with more than $1.3 billion in assets, from one defined contribution pension plan to…
The Caisse de dépôt et placement du Québec generated a two per cent return in the first half of the year ended June 30, 2016, its…
Despite continuing economic uncertainty, Canadian defined benefit pension plans showed returns of 2.9 per cent in the second quarter of 2016 compared to first quarter…
La Caisse de dépôt et placement du Québec is to invest an additional $125 million in the form of preferred equity in its McInnis Cement plant…
While Canada Post Corp. has withdrawn the lockout threat it issued in early July to the Canadian Union of Postal Workers, the two sides remain…
The Canada Pension Plan enhancement deal that federal Finance Minister Bill Morneau reached with his provincial counterparts in June has hit a bump in the…
More than 1,000 employee and retiree members of Co-op Atlantic’s defined benefit pension plan are to share $7.25 million following a New Brunswick judge’s approval…
Alberta Teachers’ Retirement Fund Board, along with Axium Infrastructure and Manulife Financial, have acquired Samsung Renewable Energy’s one-third interest in the K2 Wind Facility near Goderich,…
The Investment Funds Institute of Canada is getting a head start on the next federal budget by calling for changes to the treatment of group…
Saskatchewan’s pension regulator has set out proposals that include eliminating solvency funding for the province’s negotiated cost pension plans. Currently, all negotiated cost plans must…
Which type of pension plan is better: defined benefit or defined contribution? While the answer may seem obvious to some, the question was the subject…
With the third phase of the Client Relationship Model, Phase 2 (CRM2) rules around fee disclosure in Canada now in effect and new regulatory actions…
Group registered retirement savings plans were in the hot seat when the Ontario government declared they wouldn’t be comparable for the purposes of the Ontario…
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…
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…
Marcie Frost, chief executive officer at the California Public Employees’ Retirement System, is receiving a significant bonus that will boost her compensation to more than…
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…