Legislative round-up: pension dates for 2016
To stay up to date on legislative changes in the pension industry, it is important to bookmark a few key dates for 2016. January 1,…
- By: Staff
- January 8, 2016 September 13, 2019
- 09:10
Top Stories in Pensions
2015 ended on a down note for Canadian pensions
The solvency position of Canadian pension plans were down slightly in 2015, according to the latest Mercer Pension Health Index. The median solvency ratio of…
- By: Jennifer Paterson
- January 6, 2016 September 13, 2019
- 09:29
New pension funding rules in Quebec
Major changes to the rules around the funding of private sector defined benefit pension plans took effect on January 1, 2016 in Quebec. The changes in Bill…
- By: Jennifer Paterson
- January 5, 2016 September 13, 2019
- 09:25
Luring talent to manage pension assets in-house when you don’t have much to offer
If you want something done right, do it yourself. This cliché rings true for more and more pension funds worldwide. Looking to save on investment…
- By: Yaldaz Sadakova
- December 29, 2015 September 13, 2019
- 10:17
CPPIB to invest an extra $1billion in China
The Canada Pension Plan Investment Board (CPPIB) is committing an additional US$1 billion to logistics investments in China. The funds will be allocated to the…
- By: The Canadian Press
- December 23, 2015 September 13, 2019
- 13:16
ORPP may be good for the economy, but confusion about it remains
The Conference Board of Canada says the proposed Ontario Retirement Pension Plan (ORPP) will mean long-term increases in income that offset the small negative effect…
- By: The Canadian Press
- December 23, 2015 September 13, 2019
- 13:06
Despite Fed’s rate hike, Canada’s pension plans still face low bond returns
The U.S. Federal Reserve’s recent 25-basis-point rate hike—the first one since the 2008 meltdown—won’t affect the funded status of Canadian defined benefit pension plans, experts…
- By: Yaldaz Sadakova
- December 23, 2015 September 13, 2019
- 12:21
Higher pension contributions only partly offset by lower RRSP savings
A new report by Statistics Canada says automatic increases in registered pension plans are most helpful to people who don’t save much in registered retirement…
- By: The Canadian Press
- December 22, 2015 September 13, 2019
- 12:08
JPMorgan Chase to compensate public pension funds for trading losses
JPMorgan Chase has agreed to pay $150 million to public pension funds and individuals hurt by its $6 billion “London Whale” trading loss, Ohio’s attorney…
- By: Julie Carr Smyth, The Associated Press
- December 22, 2015 September 13, 2019
- 12:05
Finance ministers agree to revisit pension reform talks in 2016
A federal-provincial gathering of finance ministers reached rare consensus Monday on the polarizing subject of Canada Pension Plan (CPP) reform—they agreed to keep debating it.…
- By: Andy Blatchford, The Canadian Press
- December 22, 2015 September 13, 2019
- 11:58
Other
How to communicate shared-risk plan designs
In our collective search for ways to offer retirement income security while maintaining contribution stability, jointly-sponsored pension plans (JSPPs), target benefit plans (TBPs) and shared…
- By: Susan Deller
- December 22, 2015 September 13, 2019
- 10:14
What does the industry expect from CPP talks?
As Finance Minister Bill Morneau meets with his provincial and territorial counterparts in Ottawa this weekend, it is expected that the Canada Pension Plan (CPP)…
- By: Jennifer Paterson
- December 18, 2015 September 13, 2019
- 09:47
NL government halts collection of pension overpayments
The new Liberal government in Newfoundland and Labrador is dropping an effort to collect on pension overpayments to more than 400 people. The pensioners had…
- By: The Canadian Press
- December 18, 2015 September 13, 2019
- 09:30
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