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Rethink your approach towards mature employees

Rethink your approach towards mature employees

Baby boomers are saying they plan to work longer. This can be good or bad news. Many companies can benefit from keeping their mature workers…

Canadian pension funds lost $2.4 billion from fossil fuel investments

Canadian pension funds lost $2.4 billion from fossil fuel investments

Five major Canadian pension funds lost $2.4 billion during the last half of 2014 as a result of investing in fossil fuel assets, thestar.com reports.…

  • By: Staff
  • November 17, 2015 September 13, 2019
  • 10:51
CRA sets 2016 max pensionable earnings

CRA sets 2016 max pensionable earnings

The Canada Revenue Agency recently announced that the maximum pensionable earnings under the Canada Pension Plan for 2016 will be $54,900, up from $53,600 in…

  • By: Staff
  • November 16, 2015 September 13, 2019
  • 10:40
CPPIB, OMERS and Teachers’ buy Chicago toll road

CPPIB, OMERS and Teachers’ buy Chicago toll road

Three Canadian pension funds have signed a deal to buy the company that operates the Chicago Skyway toll road for US$2.8 billion. The Canada Pension…

Morneau to meet with provinces on CPP expansion

Morneau to meet with provinces on CPP expansion

Finance Minister Bill Morneau will be meeting with his provincial and territorial counterparts as soon as possible to start working on increasing the CPP benefit,…

  • By: Staff
  • November 16, 2015 September 13, 2019
  • 10:07
Canadians remain confused about saving for retirement

Canadians remain confused about saving for retirement

Many Canadians don’t know how much they will need to save for retirement on their own and to what extent they should rely on government…

  • By: Staff
  • November 13, 2015 September 13, 2019
  • 11:10
Actuaries call for pension reform

Actuaries call for pension reform

Canada’s governments should act now to reform the Canada Pension Plan, says the Canadian Institute of Actuaries. Federal and provincial governments have a “once-in-a-generation opportunity…

  • By: Staff
  • November 13, 2015 September 13, 2019
  • 10:30

2015 CAP member survey: Understanding the decumulation dilemma

For capital accumulation plan (CAP) members, it’s tough trying to save money for retirement. How much should I save? How much is actually enough for…

Indebted Canadians worry about retirement

Indebted Canadians worry about retirement

Many Canadians in their late 40s and early 50s have large amounts of debt and little savings for retirement, CBC reports. On top of that,…

  • By: Staff
  • November 11, 2015 September 13, 2019
  • 11:38
Canada’s DB plans approach risk proactively: report

Canada’s DB plans approach risk proactively: report

Canadian DB pension plans are taking a more proactive and long-term approach to risk in an effort to better cope with volatility. These are the…

  • By: Staff
  • November 10, 2015 September 13, 2019
  • 12:14
Military spouses wrongfully rejected for OAS

Military spouses wrongfully rejected for OAS

The federal department in charge of retirement benefits has quietly been reviewing its protocols amid concerns that military spouses were wrongfully being rejected for old…

CPPIB’s investment strategy at a glance

CPPIB’s investment strategy at a glance

Edwin Cass, senior vice-president and chief investment strategist for the Canada Pension Plan Investment Board (CPPIB) spoke about the pension fund’s investment framework at the…

  • By: Staff
  • November 6, 2015 September 13, 2019
  • 11:04
Is your pension plan compliant with B.C.’s new PBSA?

Is your pension plan compliant with B.C.’s new PBSA?

It doesn’t take much to make a B.C. registered pension plan (or a plan registered in another provincial jurisdiction with B.C. members) quickly become non-compliant…

  • November 6, 2015 September 13, 2019
  • 08:30

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…

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…

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…

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…

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…