With the Canada Pension Plan on many people’s minds, how does Canada’s public pension system compare to those of other countries? In light of the debate…
The Canadian Institute of Actuaries has published a public position on the potential expansion of the Canada and Quebec Pension Plans, including a modest benefit increase, equal employer…
Two of Canada’s largest pension funds — the Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan — are partnering with an infrastructure…
Which cities in Canada are the best places to retire? Benefits Canada‘s sister publication MoneySense has published its annual ranking of Canada’s Best Places to…
Time and time again, research reveals that defined benefit and target benefit plan members rank their annual pension statement as the single most important piece of…
While discussions continue over new requirements around environmental, social and governance factors in Ontario, OPTrust has had provisions in place since 2007, says an official at the…
What does Canada do better than any other country? Play hockey? Let’s not go there. Run an effective, efficient and sustainable retirement income system for the…
British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan have entered into a new multi-jurisdictional pension plan agreement. More than 1,100 plans will fall under the…
The median solvency ratio of Canadian defined benefit pension plans increased in May as stable growth in equities offset the impact of declining bond yields,…
Consultancy Proteus has launched a series of educational videos to help employers with the top issues and challenges facing their retirement plans. The first video, which…
As previously announced in March’s federal budget, the Liberal government has launched a consultation on whether it should keep, relax or scrap the “30-per-cent rule,” which currently…
Nearly two-thirds (65 percent) of global employees support auto-enrolment in workplace pension plans, according to a new report from the Aegon Centre for Longevity and Retirement…
The venture capital investment arm of the Ontario Municipal Employees Retirement Plan is partnering with the Canadian Film Centre’s Media Lab for a study on virtual…
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…