The Canadian Institute of Actuaries has issued the first-ever mortality tables and mortality improvement scales that are based on pensioner mortality experience in this country.
As part of the ongoing reforms to the Ontario Pension Benefits Act, major changes were made to Ontario’s pension asset transfer rules, effective Jan. 1,…
The difference between public and private sector wages for equivalent jobs in Ontario—after a decade of steady increase—currently costs more than $1 billion a year…
MFS Investment Management Canada Ltd. has announced changes to its Canadian LifePlan Funds to address home-country investment bias.
Sun Life Financial has launched a new online program that incorporates a gamification strategy to engage workers in learning more about their workplace retirement and…
The Government of Ontario has proposed a regulatory amendment that would modify one of the quantitative investment limits that apply to registered pension plans in…
A new report argues that efforts to revamp the Canada Pension Plan should take a back seat to a couple of straightforward policy reforms that…
Is that light we see at the end of the tunnel? It certainly could be—Canadian DB pension plans ended 2013 in the best shape they’ve…
Global institutional pension fund assets in 13 major markets—including Canada—grew by 9.5% in 2013 to reach a new high of almost US$32 trillion ($35.5 billion),…
Ontario's finance minister has asked the rest of Canada "to collaborate on options to improve supplementary retirement income for workers."
Enrolling in benefits and pension plans isn’t top of mind for new employees. During the first few weeks on the job, they are often overwhelmed…
U.S. corporate pension plans in January 2014 gave up all of the gains they had achieved in the fourth quarter of 2013.
When it comes to protecting the environment and our planet—sustainability is a word people can usually get behind. But ask plan members how they feel…
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…