Canada’s pension system has a large problem that needs addressing—and the sooner, the better. Our pension system is often characterized as a stool supported by…
Over the past few months, you've had a few things to say about whether or not expanding the Canada Pension Plan (CPP) is a good…
CPP expansion doesn’t solve the problem that we have today, and it may not solve a problem that we may not have in 40 years.
There are good reasons for those who are already providing workplace pension plans to support an increase to the CPP. The most obvious is that…
When I came back to work last August after my second maternity leave, it was with a renewed sense of eagerness and anticipation. What new…
Quick word association game: Denmark. What’s the first thing that comes to mind? Pastries? LEGO? Beer? Now, add pensions to the list. Denmark apparently has…
The Supreme Court of Canada has upheld a lower court ruling that the pension surplus that existed when Manitoba Telephone Services was privatized in 1997…
A fact sheet from the Office of the Chief Actuary shows that the shift to DC from DB is continuing.
The province of Ontario expects to announce details of its provincial pension plan in a few months, according to the premier.
The U.S. Department of the Treasury says employers will not be required to offer the new retirement savings account, myRA, to their workers.
Great-West Life Group Retirement Services is developing a voluntary retirement savings plan solution to help meet the needs of Quebec workers who don't have a…
The Government of Ontario has assembled an advisory group to advise it on how to strengthen retirement income security.
Morneau Shepell's 60 Second Survey suggests that if the provinces adopted a new pension plan to supplement the Canada Pension Plan, employers would prefer that…
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…