Ontario passes ORPP bill
Ontario has passed the Ontario Retirement Pension Plan Act, 2016 today, despite the impending meeting of Canada’s finance ministers on June 19-20 to discuss enhancements to…
- By: Staff
- June 2, 2016 September 13, 2019
- 13:09
Top Stories in Pensions
CPP expansion won’t help vulnerable seniors: study
For the small number of seniors considered low income who receive an average of $3,610 from the Canada Pension Plan each year, enhancements to the national pension…
- By: Michael Chen
- June 2, 2016 September 13, 2019
- 09:11
CPPIB invests in bonds secured on Romanian real estate
The Canada Pension Plan Investment Board has committed 150 million euros ($219 million) to a bond secured on properties in Romania’s capital, Bucharest. Read: CPPIB’s…
- By: Staff
- May 31, 2016 September 13, 2019
- 10:14
NDP cites universality in bid to remove DC plans from ORPP comparability
An effort by the NDP to clamp down on exemptions from the Ontario Retirement Pension Plan went down to defeat yesterday as debate on the…
- By: Jann Lee
- May 31, 2016 September 13, 2019
- 09:56
Have your say: What are the prospects for CPP reform?
With Canada’s finance ministers preparing for a meeting next month to discuss ways to enhance the Canada Pension Plan, what’s the likelihood of success? In an interview with Benefits Canada’s sister…
- By: Staff
- May 30, 2016 September 13, 2019
- 16:50
Finance ministers schedule meeting to discuss CPP reform
Canada’s finance ministers have scheduled a meeting for June 19-20 in Vancouver to discuss ways to reform the Canada Pension Plan, the Globe and Mail…
- By: Staff
- May 30, 2016 September 13, 2019
- 09:56
CPPIB’s fiscal report reflects long-term challenges for pension funds
While the Canada Pension Plan Investment Board’s modest 3.4 per cent investment return announced last week will have minimal short-term effects, its investment income will have significant…
- By: Jann Lee
- May 27, 2016 September 13, 2019
- 08:39
OPTrust executives in Washington to promote Canadian pension model
Executives from pension fund OPTrust travelled to Washington this week to meet with U.S. economic leaders and pension experts to strengthen ties and promote the Canadian pension…
- By: Staff
- May 27, 2016 September 13, 2019
- 07:47
New federal pension disclosure rules coming into effect July 1
The federal Office of the Superintendent of Financial Institutions has introduced several new disclosure amendments for the pension plans it regulates that will come into effect…
- By: Staff
- May 26, 2016 September 13, 2019
- 08:55
National employers face equity questions in deciding on ORPP
As companies consider their options around the Ontario Retirement Pension Plan, national employers with staff who work in Ontario and other provinces face additional questions about what to do.…
- By: Michael Chen
- May 25, 2016 September 13, 2019
- 09:16
Just 49% of Americans participate in a workplace retirement plan: survey
More than 40 per cent of full-time private sector employees in the U.S. say they lack access to either a pension or an employer-based retirement…
- By: Staff
- May 24, 2016 September 13, 2019
- 16:33
Alberta’s public service pension reports 89% funded ratio
Alberta’s Public Service Pension Plan has reported an expected funded ratio of 89 per cent at December 31, 2015, an increase of five percentage points since December 31,…
- By: Staff
- May 20, 2016 September 13, 2019
- 08:53
CPPIB return drops to 3.4%, lowest since 2009
The Canada Pension Plan Investment Board saw its net investment return for the fiscal year ended March 31, 2016 drop to 3.4 per cent, a decline of nearly 15 percentage…
- By: Staff
- May 19, 2016 September 13, 2019
- 16:23
Top 5 HR, benefits, pension and investment stories of the week
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…
- By: Staff
- September 27, 2024 September 26, 2024
- 09:00
How CAPSA’s updated CAP guideline will impact plan sponsors, members
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,…
- By: Blake Wolfe
- September 24, 2024 September 24, 2024
- 09:00
Report finds world’s 300 largest pension funds’ AUM increased 10% in 2023
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…
- By: Staff
- September 18, 2024 September 18, 2024
- 09:00
How are Canadian DB pension plan sponsors making use of surplus funds amid positive funded status environment?
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…
- By: Bryan McGovern
- September 26, 2024 September 25, 2024
- 11:00
Gov’t seeking feedback on solvency reserve accounts for federally regulated DB pension plans
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…
- By: Staff
- September 26, 2024 September 24, 2024
- 11:00
CalPERS CEO pay reaching US$1.2M due to investment performance boost: report
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…
- By: Staff
- September 25, 2024 September 23, 2024
- 15:00
2024 CAP Member Survey: How CAPs are supporting employee financial wellness amid growing economic uncertainty
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…
- By: Blake Wolfe
- September 13, 2024 September 12, 2024
- 08:56
How plan sponsors can support employees going through a divorce
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…
- By: Kelsey Rolfe
- September 13, 2024 September 12, 2024
- 08:54
2024 Top 100 Pension Funds report: Employees’ financial wellness moving up the agenda for pension plan sponsors
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…
- By: Michael McKiernan
- June 21, 2024 June 20, 2024
- 08:55
How Ontario pay transparency legislation will impact employers
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…
- By: Sadie Janes
- December 4, 2023 December 1, 2023
- 09:00
Desjardins using budget workshops, interactive game to support employee financial wellness
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…
- By: Sadie Janes
- November 24, 2023 November 23, 2023
- 09:00
2023 Healthy Outcomes Conference: A closer look at the mental, physical, financial risk factors facing plan members
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…
- By: Kelsey Rolfe
- November 20, 2023 November 15, 2023
- 07:58