The number of workers in Canada who were members of a registered pension plan increased to more than six million people in 2014, according to…
The Ontario government spent up to $70 million on developing the now-abandoned Ontario Retirement Pension Plan, according to new figures released by the province. The…
The federal Department of Finance has released draft legislative and regulatory proposals dealing with the goods and services tax issues that apply to pension plans. The proposals…
Eliminating the solvency-funding requirement is among the possibilities as the Ontario government launches consultations on revamping the funding rules for the province’s defined benefit pension plans. In…
Despite all of the talk about precarious job prospects for young people, a new survey has found a large number of those in or just…
British Columbia Investment Management Corp. has reported a -0.2 per cent return for its fiscal year ended Mar. 31, 2016, down from a 14.2 per cent…
OPSEU has appointed Giulia Volpe to OPTrust’s board of trustees. Volpe is a pension analyst with the Ontario Pension Board in Toronto. She has more…
The Caisse de dépôt et placement du Québec has loaned $59.5 million to the New Richmond wind farm in Gaspésie, Que. The farm’s 33 wind turbines…
More and more employers are worried about their staff members’ financial health, according to a Willis Towers Watson survey. Among the 122 Canadian employers polled, 58…
If your job description includes responsibility for communicating pensions and benefits to fellow employees, then you’ll already know that with each new communication comes potential…
The median solvency ratio for Ontario’s defined benefit pension plans has risen two per cent, from 78 per cent to 80 per cent since Mar.…
Canada ranks 10th in a list of countries that provide the best retirement security, according to the latest global retirement index published today by Natixis…
With cost containment a key concern for sponsors of benefit and pension plans, are you planning on making changes to your plan design in the…
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…