Greek farmers angry at planned pension and tax reforms have expanded their campaign of blocking highways and closed a border crossing to Bulgaria. About 1,500…
The median solvency ratio of defined benefit (DB) pension plans in Ontario was down very slightly in the fourth quarter of 2015, to 83% on December 31 compared…
Morneau Shepell maintains a database that covers literally all of the defined benefit (DB) pension plans for which the firm performs a funding valuation. The database contains…
Alberta Investment Management Corporation (AIMCo) has announced it will acquire a minority stake in the holding company of DFG Investment Advisors, a New-York based asset management…
The Canadian Armed Forces has admitted that reservists are waiting too long to receive their first pension cheques because the HR processes at National Defence…
The Ontario Trucking Association (OTA) said that one of its key concerns about the Ontario Registered Pension Plan (ORPP) has been “laid to rest for…
The UK government has announced an end to prohibitive charges faced by people looking to access their pension pot early. The plans will cap excessive…
Are you interested in forecasting your pension plan’s funded position? If so, read on. In fact, you can even determine your plan’s expected average contributions…
Several thousand lawyers marched to parliament Thursday to protest a planned overhaul of the pension system by Greece’s government. Chanting “No retreat till we’re vindicated,” the lawyers…
Associate Minister of Finance Mitzie Hunter has written to Ontario Premier Kathleen Wynne with the latest progress report for the Ontario Retirement Pension Plan (ORPP). While the…
Another year has passed, and once again the Nova Scotia Health Employees’ Pension Plan won and my personal RRSP lost. I’m talking about the annual investment return…
Plan sponsor Nyhart Actuary and Employee Benefits (Nyhart) has re-enrolled its employees into Russell Adaptive Retirement Accounts, developed by global asset manager Russell Investments. Russell…
Members of the Royal Ontario Museum pension plan have chosen to join the Colleges of Applied Arts and Technology pension plan. The merger is the first…
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…