The Ontario government has released a consultation paper on the proposed criteria that the government might use to evaluate whether newly established multi-employer jointly sponsored…
Ontario’s decision to move ahead with creating the Ontario Retirement Pension Plan, a mandatory provincial plan that will offer a retirement benefit on top of…
The Government of Ontario has unveiled details about its plan to create an arms-length organization to administer the Ontario Retirement Pension Plan (ORPP).
Nova Scotia's updated Pension Benefits Act will come into effect on June 1.
The Standing Committee on Social Policy is expected to meet next week to consider Bill 57, An Act to create a framework for pooled registered…
Capital Accumulation Plans should be exempt from participating in the proposed Ontario Retirement Pension Plan (ORPP), said Marka Yamada, president and CEO of PUP Investing,…
DC pension plans will continue to play an important role in providing retirement security for many years to come, says Morneau Shepell chief actuary Fred…
Bill 56, An Act to require the establishment of the Ontario Retirement Pension Plan, has moved one step closer to becoming law.
The global DC landscape is characterized by an expected increase in employer contributions and a growing use of target-date funds (TDFs), while DB plans around…
Why pension funds should invest in oil companies
Canadian pension funds invest in emerging market debt. So why aren’t Islamic bonds, or sukuk, on the table?
How to handle the payout phase is one of the most important issues facing DC plan sponsors today. Benefits Canada’s 2015 DC Plan Summit delved…
Capital accumulation plans (CAPs) already help 2.4 million Ontario workers save for a good retirement and can largely solve the under-saving gap. The proposed Ontario…
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…
Brianne Collins, age 29, has worked as a senior copywriter at a large Toronto-based advertising agency for just over a year. Collins’ agency supports employee…
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…