Greece is so battered even vulture funds are abandoning it. Canadian DB pension plans likely lack direct exposure to it, since they want to preserve…
Ontario’s Associate Minister of Finance Mitzie Hunter defended the Ontario Retirement Pension Plan during a recent visit to Ottawa. In an interview with the Ottawa…
The Canada Pension Plan Investment Board (CPPIB) had a small investment loss after costs in the first quarter of the 2016 financial year but the…
Earlier this week, the Ontario government announced plans to introduce the Ontario Retirement Pension Plan (ORPP) using a phased-in approach. But tax expert Jack Mintz…
The Ontario Pension Board, administrator of the Public Service Pension Plan (PSPP), and the CAAT Pension Plan say their members will be exempt from the…
Over the years, a growing chorus of voices has been pleading with the provinces to lighten up on the overburden of pension regulation and give…
In less than two years, the Ontario Retirement Pension Plan (ORPP) is scheduled to be introduced.
The decision by the Government of Ontario to let some DC plans be considered comparable to the Ontario Retirement Pension Plan (ORPP) received divided reactions…
Enhanced offerings to make it easier for employees to save for retirement, combined with the growing U.S. economy, have stimulated employee contribution rates and account…
Premier Kathleen Wynne says Stephen Harper is standing in the way of an Ontario pension plan, while the prime minister says he's happy to block…
The Government of Ontario announced key details in the design of the Ontario Retirement Pension Plan (ORPP) on Tuesday and reaction to the announcement was…
As Ontario moves forward with its mandatory provincial pension program, it should use Australia’s DC system as a model instead of the Canada Pension Plan…
To eliminate its retirement income insecurity, Canada needs to overhaul every aspect of its retirement system, instead of simply focusing on whether to expand the…
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…