Home Pensions Page 254

Top Stories in Pensions

Tackling the retirement readiness challenge

Tackling the retirement readiness challenge

With the snowballing shift from DB to DC pension plans over the last decade or two, Canadians have grown more accustomed to owning responsibility for…

3 pension risk transfer strategies

3 pension risk transfer strategies

What’s the best way to transfer DB risk? Here are three strategies.

CPPIB to invest in affordable housing in Mumbai

CPPIB to invest in affordable housing in Mumbai

After opening an office in Mumbai in late October, The Canada Pension Plan Investment Board (CPPIB) will now invest $2 billion in affordable housing in…

  • By: Staff
  • November 2, 2015 September 13, 2019
  • 10:27
Yes, public pensions are cheaper

Yes, public pensions are cheaper

The debate about the merits of the proposed Ontario Retirement Pension Plan (ORPP) and a mandatory CPP expansion versus private pensions continues. But proposal opponents…

CPPIB buys into portfolio of U.S. warehouses

CPPIB buys into portfolio of U.S. warehouses

Canada Pension Plan Investment Board (CPPIB) is expanding its investments in the United States, including a US$350-million real estate deal. The transaction will give the…

Ontario will proceed with ORPP for now: Wynne

Ontario will proceed with ORPP for now: Wynne

Ontario Premier Kathleen Wynne says the first conversation she wants to have with Justin Trudeau once he’s sworn in as prime minister will be about…

Ousted politicians in line for golden pensions

Ousted politicians in line for golden pensions

The 180 MPs who were either defeated or didn’t seek re-election in the election will collect $5.3 million in annual pension payments, estimates the Canadian…

  • By: Staff
  • October 22, 2015 September 13, 2019
  • 09:56
Members, sponsors divided on ORPP value: Survey

Members, sponsors divided on ORPP value: Survey

Notwithstanding a possible Liberal majority in next week’s federal election, and the idea that it would “negate” the need for an Ontario Retirement Pension Plan…

  • By: Joel Kranc
  • October 16, 2015 September 13, 2019
  • 08:30
Mitzie Hunter on the ORPP

Mitzie Hunter on the ORPP

Note: This story was written before Premier Kathleen Wynne announced Tuesday that her government would drop the Ontario Retirement Pension Plan if the Liberals win…

Saving for retirement in the U.K.

Saving for retirement in the U.K.

It seems adults haven’t forgotten their childhood piggy bank. According to an Aviva survey, one in 10 U.K. adults use the porcine friend to save…

  • By: Staff
  • October 14, 2015 September 13, 2019
  • 10:45
2015 Top 50 DC Plans Report: How To Change Your DC Plan

2015 Top 50 DC Plans Report: How To Change Your DC Plan

Don’t be afraid to change your DC plan... learn from companies that do it right

U.S. Steel Canada may face court action over pensions

U.S. Steel Canada may face court action over pensions

Canada’s federal government has threatened to take U.S. Steel Canada to court if it it doesn’t keep its promises to pensioners, The Hamilton Spectator reports.…

  • By: Staff
  • October 13, 2015 September 13, 2019
  • 10:38
Pension plans see increase in funded deficit

Pension plans see increase in funded deficit

The funded status deficit of American pension plans increased by US$102 billion in the third quarter of 2015, a shift from the previous quarter that…

  • By: Staff
  • October 7, 2015 September 13, 2019
  • 11:53

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…