U.K. pension deficits double
The accounting deficit of DB pension schemes for the United Kingdom’s largest 350 companies has nearly doubled in the past year.
- By: Staff
- January 7, 2015 September 13, 2019
- 10:41
Top Stories in Pensions
Illinois creates private sector retirement savings plan
Legislation to create a retirement plan for private sector employees in Illinois has been signed into law.
- By: Staff
- January 7, 2015 September 13, 2019
- 10:38
U.S. corporate pension plan funding levels decline
The pension funded status of the largest corporate sponsors in the United States dropped in 2014 as falling interest rates and the impact of new…
- By: Staff
- January 6, 2015 September 13, 2019
- 11:34
How to improve DC pension communications
Get creative with DC communications by focusing on member behaviour.
- By: Susan Deller and Janice Holman
- January 5, 2015 September 13, 2019
- 07:00
Q&A: The DC plan landscape
DC plan assets are continuing to grow as more Canadian companies are shifting away from DB plans. Shawn Cohen, a director of relationship management for…
- By: Craig Sebastiano
- January 2, 2015 September 13, 2019
- 12:16
Canadian pension plan solvency declines in 2014
The solvency of Canadian DB plans declined through 2014 due to a decrease in long-term interest rates.
- By: Staff
- January 2, 2015 September 13, 2019
- 10:09
Why Canada’s pension funding regime needs an overhaul
Canada’s pension legislators need to fix the pension solvency funding system to reflect current realities
- By: Ian Edelist
- January 1, 2015 September 13, 2019
- 07:00
Alberta amends Employment Pension Plans Regulation
The Government of Alberta amended the Employment Pension Plans Regulation primarily to establish a new moratorium on solvency fund for collectively bargained multi-employer pension plans.
- By: Staff
- December 31, 2014 September 13, 2019
- 09:41
Pension commuted values expected to rise
The Actuarial Standards Board is proposing new mortality tables be used to calculate pension commuted values for members terminating from DB plans and that could…
- By: Staff
- December 30, 2014 September 13, 2019
- 15:25
Capital accumulation plans
Best of pensions in 2014
This year was an interesting one for the pension industry. After enhancing the Canada Pension Plan was put on hold in late 2013, Ontario went…
- By: Staff
- December 30, 2014 September 13, 2019
- 10:04
Final regulations on retiree statements, investment policies released
The Ontario government has filed O. Reg. 235/14, which amends the Pension Benefits Regulation to include provisions on the content and timing requirements for biennial…
- By: Staff
- December 30, 2014 September 13, 2019
- 10:02
New plan members rely on balanced, target-date funds
The evolution of 401(k) plan designs has resulted in a significant increase in the use of balanced funds, including target-date funds, by recently hired 401(k)…
- By: Staff
- December 29, 2014 September 13, 2019
- 15:37
CPP benefits rising in 2015
The benefit rates for the Canada Pension Plan are increasing next year, says Employment and Social Development Canada.
- By: Staff
- December 29, 2014 September 13, 2019
- 11:47
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 employers can support female employees’ financial, retirement wellness
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…
- By: Brooke Smith
- September 13, 2024 September 12, 2024
- 08:57
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