Decumulation strategies
With about 400,000 Canadians expected to retire each year over the next 17 years, sponsors of DC pension plans should be considering their role in…
- By: Sonya Felix
- October 10, 2014 September 13, 2019
- 14:56
Top Stories in Pensions
Plan governance and de-risking DC
Sponsors of DC pension plans may well wonder if they are doing enough to avoid potential risks if the plan doesn’t provide the expected retirement…
- By: Sonya Felix
- October 10, 2014 September 13, 2019
- 13:06
Quebec should scrap municipal DB plans: report
The Montreal Economic Institute is proposing that Quebec's municipalities should abandon DB plans and move to DC plans and that the retirement age be gradually…
- By: Staff
- October 10, 2014 September 13, 2019
- 10:10
Ontario releases proposed amendments to PBA regulation
The Government of Ontario has released proposed amendments to Regulation 909 of the Pension Benefits Act (PBA), according to Hicks Morley's FTR Now publication.
- By: Staff
- October 9, 2014 September 13, 2019
- 12:54
Shift to DC leads to higher costs: Report
Converting large public sector DB plans to DC arrangements is not a financial panacea; instead, it would create higher costs, inefficiencies and increased risks for…
- By: Staff
- October 8, 2014 September 13, 2019
- 11:51
Saving for retirement requires a strategy
It’s critical for individuals to have an idea of how much retirement income will be generated by their current savings strategy, says Janice Holman, a…
- By: Staff
- October 8, 2014 September 13, 2019
- 11:25
Federally registered PRPPs now available
Minister of State (Finance) Kevin Sorenson announced that five insurance companies that have federal pooled registered pension plan licences have been registered with the Office…
- By: Staff
- October 7, 2014 September 13, 2019
- 10:53
Do retirement plans really attract and retain employees?
Employers agree that retention and attraction of quality employees is one of their biggest goals in the HR department. Popular belief tells us that a…
- October 6, 2014 September 13, 2019
- 11:54
National Bank offering VRSPs
National Bank has obtained approval to offer voluntary retirement savings plans to all employers, employees, individuals and professional associations in Quebec.
- By: Staff
- October 3, 2014 September 13, 2019
- 10:44
Small businesses worry about ORPP
Ontario small business owners are feeling vulnerable to the introduction of the Ontario Retirement Pension Plan.
- By: Staff
- October 3, 2014 September 13, 2019
- 10:26
Your pension plan is a big deal—so promote it!
If you’re having trouble getting your plan members to understand and appreciate their pension benefits, ask yourself this: Do you celebrate your pension plan? Do…
- By: Susan Deller
- October 3, 2014 September 13, 2019
- 07:00
Funded status of Canadian pension plans dips
The solvency position of Canadian pension plans dipped in the third quarter of 2014, according to Mercer.
- October 2, 2014 September 13, 2019
- 10:56
Bristol-Myers Squibb transfers pension obligations
Bristol-Myers Squibb will settle US$1.4 billion in pension obligations through the purchase of a group annuity contract from The Prudential Insurance Company of America.
- By: Staff
- October 2, 2014 September 13, 2019
- 10:21
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…
- 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