New Brunswick’s two largest public sector pension plans are joining forces. The trustee boards of the Public Service Shared Risk Plan, which covers most employees in…
As Ontario inches closer to launching its mandatory pension program, the Ontario Retirement Pension Plan, the pension industry remains polarized about the plan’s impact on…
While proponents are expressing concern about the absence of any mention of target-benefit pension plans in the recent federal budget, the omission doesn’t mean Ottawa has lost interest in…
Despite low interest rates, slow global growth and sliding commodity prices, the Ontario Teachers’ Pension Plan (Teachers’) saw its investment return increase in 2015 –…
CPPIB Credit Investments Inc., a wholly-owned subsidiary of the Canada Pension Plan Investment Board, has completed the funding of €480 million in the Mandatory Exchangeable Facility…
For many Canadian pension investors, the Canadian dollar has been a source of tremendous volatility in recent years. After reaching a post-financial crisis high of…
Global retailer Kingfisher Group has agreed a £230-million medically underwritten buy-in for its defined benefit pension plan. The transaction, which covers 149 specific plan members from the company’s £3-billion…
Caisse de dépôt et placement du Québec has appointed Alonso García-Tamés managing director of its México subsidiary, CDPQ México, and head of Latin America. Based in Mexico…
The Illinois Supreme Court dealt another devastating blow Thursday to the state’s impatient attempts to control its ballooning public pension debt by striking down a state…
American Airlines has re-instated its profit-sharing program, which had been in place prior to its 2015 merger with US Airways. The program, which took effect with…
From the Ontario Retirement Pension Plan to the implications of environmental, social and governance factors, the pension stream at Benefits Canada‘s 2016 Benefits and Pension…
Alberta Investment Management Corporation (AIMCo) has reported a 9.1% rate of return on its total assets under management for the year ending December 31, 2015.…
After outcry over possible changes to the taxation of stock options, the Liberal government has left the existing regime in place — at least for…
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…