Ahead of Bombardier’s annual shareholder meeting on Friday, two of its largest shareholders have expressed concern about the company’s executive compensation structure. The Canada Pension Plan Investment Board…
Ontario Teachers’ Pension Plan has announced it will sell its ownership in ANV Holdings BV to AmTrust Financial Services, a multinational insurance holding company headquartered in…
When the Ontario government released a regulatory proposal to eliminate the so-called 30-per-cent rule on March 14, it appeared neither controversial nor significant at first…
In its first federal budget last month, the Liberal government said it would seek additional funding from Canada’s pension funds as it looks to invest more…
When the Ontario government announced its proposed new legislation enshrining the framework for the Ontario Retirement Pension Plan (ORPP) on April 14, it also shared some significant…
More than half (59 per cent) of retirees are worried about making their retirement savings stretch for their remaining years, according to a new survey by…
Finance Minister Bill Morneau has been busy promoting his first federal budget on both sides of the Atlantic. This week, he continues west to such…
The Colleges of Applied Arts and Technology (CAAT) Pension Plan earned a net-of-fee annual return of 8.1% in 2015, outperforming its policy benchmark by 3.1%, but…
Many plan sponsors aren’t aware of the level of oversight required for their defined contribution pension plans and the legal risks that comes along with…
CDPQ Infra, a subsidiary of Caisse de dépôt et placement du Québec, has proposed a 67-kilometre electric light-rail transit system for the Greater Montréal area…
The Ontario Registered Pension Plan Administration Corp. will begin an extensive education campaign about the ORPP for employers this summer and a verification process for…
It seems even the judiciary isn’t immune to efforts to rein in benefits plans, including post-retirement coverage. In a recent decision of Ontario’s Divisional Court,…
Defined contribution pension plans put a significant onus on individuals to make decisions about their own retirement investments, something that leaves financial outcomes vulnerable to…
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…