The pension industry has seen a number of issues disrupt the group retirement market recently. They include low interest rates, financial crashes, the switch to…
One sure way for sponsors of defined contribution pension plans to attract the attention of class action lawyers is to tell members what the value…
A majority (58 per cent) of Canadians are in favour of a moderate expansion to the Canada Pension Plan and Quebec Pension Plan, according to…
With finance ministers discussing potential enhancements to the Canada Pension Plan in Vancouver today, what would you like to see come out of today’s talks?…
Modern public sector pension plans share risk, most are fully funded, well-governed and superbly efficient at securing adequate retirement income at an affordable cost. Some…
Caisse de dépôt et placement du Québec has invested a further $14.3 million in Stingray, a Quebec business-to-business music and in-store multimedia solutions provider. The…
The Alberta Superintendent of Pensions has released four interpretive guidelines to explain various legislative requirements around workplace pension plans that are registered in the province.…
A briefing book prepared last fall for incoming Finance Minister Bill Morneau warns that Canada’s spending on public pensions is dramatically lower than many other…
Automatically raising workplace pension contributions in tandem with the cost of living is unnecessary because Canadian retirees spend less money once they reach age 70,…
The Caisse de dépôt et placement du Québec has launched espace cdpq, its new investment and development hub for entrepreneurs. The hub is aimed at…
As Ontario Premier Kathleen Wynne clarifies and possibly softens her line on what her government is expecting around Canada Pension Plan reform, a new report…
Many working Canadians aged 50 and older are overly confident about their level of retirement preparation, a new study from Morneau Shepell has found. Their…
Climate change and extreme weather events threaten business continuity and, by extension, cash flow across all business sectors. However, as damaging as floods, droughts, wildfires,…
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…