Though there has yet to be a formal agreement reached on how Canada’s largest pension funds will work with the federal government to support its infrastructure agenda,…
The Association of Canadian Pension Management is asking the Canadian Association of Pension Supervisory Authorities to allow for some flexibility in its revised guidelines on…
The Caisse de dépôt et placement du Québec has invested in a Montreal-based virtual reality studio that’s known for collaborating with franchises such as Cirque…
Nearly two-thirds (62 per cent) of Canadian employees would be willing to pay more out of their paycheque in order to receive a more generous…
Many companies – including Great-West Life, Starbucks and WestJet – offer employee share purchase plans to employees with the expectation of employee retention and entrepreneurial thinking. You may…
Alberta Investment Management Corporation has entered into a strategic financing relationship with Calfrac Well Services, an Alberta-based pressure pumping services provider, on behalf of certain…
Real estate has become the main driver of increasing alternative allocations for sovereign investors, according to Invesco’s 2016 global sovereign asset management study. From 2012…
The Ontario Retirement Pension Plan has a new minister in charge following Ontario Premier Kathleen Wynne’s cabinet shuffle today. Among the moves was the appointment…
The Liberal government’s proposed increase to the guaranteed income supplement top-up benefit by up to $947 annually for the most vulnerable single seniors comes in…
As Canadians continue to debate changes to public pension programs, Illinois is tackling the retirement savings issue with its new Secure Choice Savings Program that will…
The British Columbia Investment Management Corp. (bcIMC) has entered into a definitive agreement to acquire 99.9 per cent stake in Glencore Agricultural Products for a consideration of…
The Canadian Union of Public Employees has served notice to the province of New Brunswick that is wants to intervene in a lawsuit against incoming changes…
The Public Sector Pension Investment Board (PSP Investments) has acquired a minority interest in Allflex Group from international private equity firm BC Partners. BC Partners first invested…
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…