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…
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…
The Canada Pension Plan Investment Board has completed a secondary transaction related to J.W. Childs Equity Partners III, a private equity fund by J.W. Childs…
The Ontario Teachers' Pension Plan is partnering with GE Aviation to support the development of advanced technologies for the GE9X engine.
Canadian DB plans have de-risking on their mind, with most sponsors considering plan design changes, rather than annuity purchases.
Member communications are the most difficult part of pension and benefits administration. A pension or benefits plan administrator has to condense complex legal, actuarial, investment…
The Government of Alberta has introduced a bill to reform the province's public sector pension plans.
The City of Detroit, working through federal bankruptcy mediators, has reached an agreement on pension and healthcare benefits with an association representing retired Detroit police…
Industrial Alliance has introduced a new specialized website about the voluntary retirement savings plan.
The Colleges of Applied Arts and Technology Pension Plan reported a 13.9% net return for the year that ended on Dec. 31, 2013.
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…
The New Brunswick Teachers' Federation and the provincial government have reached an agreement regarding changes to the teachers' pension plan.
My pension fund clients that have members resident in Quebec have been sending me a form letter they have received from the Canada Revenue Agency…
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…