Time to get serious about the payout phase
Since the early 1990s, when pension plan sponsors began in earnest to convert their DB plans to DC, Canada has seen a sustained shift in…
- By: Janice Holman
- May 1, 2014 September 13, 2019
- 07:00
Since the early 1990s, when pension plan sponsors began in earnest to convert their DB plans to DC, Canada has seen a sustained shift in…
Former employees of Nortel Networks in Canada are looking to reclaim their share in the allocation of the company's global estate, but only on a…
Last week, the Government of Ontario released four proposals in respect of proposed amendments to Regulation 909 under the Pension Benefits Act and is seeking…
The Association of Canadian Pension Management has congratulated the federal government on its announcement that it intends to make target benefit plans available to federally…
De-risking seems to be the topic du jour for Canadian DB pension plans. But not all pension funds need to take risk off the table—and…
During Benefits Canada's annual DC Plan Summit, plan sponsors participated in interactive sessions. They split into small groups and were given questions to discuss. Based…
Diversified pooled fund managers outperformed the benchmark, on average, in the first quarter of the year.
The Canadian Institute of Actuaries says the federal government's launch of consultations on a potential federal framework for target benefit plans is a potential game…
The federal government has unveiled a proposal for target benefit plans, pension programs that share the risk between employers and employees.
There isn't a retirement income crisis in Canada, according to a study.
Updated pension legislation and an enhancement to Canada Pension Plan could help Canadian workers save enough to support a standard of living they would find…
Ottawa plans to propose shared-risk pension plans for crown corporations and federally regulated companies, according to media reports.
Pension assets rose for a third successive quarter as global financial markets continued to progress during the first quarter.
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…