During its announcement of the 2016 Ontario Budget on Feb. 25, the provincial government said it’s on track to ensure that, by 2020, all eligible…
The Ontario government said it will continue to consult on all aspects of a target benefit multi-employer pension plans framework, including funding rules. In its…
Less than two months after Quebec changed the funding rules for its private defined benefit pension plans, the government of Ontario says it will proceed…
A final report on modernizing and increasing accountability around the regulations of financial services and pension plans in Ontario is set to be released in…
The London City airport will be bought by a consortium that includes the Ontario Teachers’ Pension Plan, the Alberta Investment Management Corporation and Borealis Infrastructure,…
Nearly three-quarters of Canadian employees believe they are facing a less comfortable retirement than their parents, according to new research by Willis Towers Watson. The…
Amid monetary easing, declining oil prices and anemic global growth, Caisse de dépôt et placement du Québec posted a return of 9.1 per cent for…
More than half (56%) of Canadian employers with defined contribution pension plans think their employees are saving enough for retirement, while just 24% of employees feel the…
The Association of Canadian Pension Management is hoping to see a series of pension consultations announced by the Ontario government when it shares the details…
The Ontario Chamber of Commerce (OCC) is calling on the government of Ontario to support employers in the transition to the Ontario Retirement Pension Plan…
Alliance Home Healthcare has been ordered by a federal judge to repay a total of US$1,736,339 to its profit-sharing plan. An investigation by the U.S.…
There are many ways to measure the success of a defined benefit pension plan. Consider the Healthcare of Ontario Pension Plan, where I work. HOOPP is one…
It’s not in existence yet, but the Ontario Retirement Pension Plan is already coming under scrutiny from the auditor general. In this case, Bonnie Lysyk…
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…