Trying to solve Canada’s pension problem
Everyone has an opinion about how to solve Canada’s pension dilemma—the latest duo share their thoughts.
- By: Brooke Smith
- January 24, 2014 September 13, 2019
- 11:02
Top Stories in Pensions
Michigan offers to help Detroit pensions
Michigan's governor is working with the state legislature to allocate up to US$350 million ($388.4 million) over the next 20 years to assist in saving…
- By: Staff
- January 23, 2014 September 13, 2019
- 16:42
Pension plans had strong 2013
Canadian pension plans posted solid gains in 2013 as global equity markets continued to surge during the fourth quarter.
- By: Staff
- January 22, 2014 September 13, 2019
- 16:40
Air Canada eliminates pension deficit
Air Canada estimates that its $3.7 billion pension deficit has been eliminated within the past year and will have a small surplus, partly due to…
- By: Staff
- January 22, 2014 September 13, 2019
- 16:38
Paul Martin to advise Ontario on provincial pension plan
Paul Martin has agreed to serve as a special advisor to Ontario's minister of finance and work with the government on creating a provincial pension…
- By: Staff
- January 22, 2014 September 13, 2019
- 16:36
Resolutions for DC sponsors in 2014
Various recent surveys of DC plan members reveal that they feel confused and ill-prepared when it comes to retirement income. They usually don’t have a…
- By: Staff
- January 20, 2014 September 13, 2019
- 15:16
2014 CAP Suppliers Report: Sea change
In a shifting CAP landscape, what’s the impact of industry consolidation on plan sponsors?
- By: Tony Palermo
- January 20, 2014 September 13, 2019
- 07:00
Workers can text to save for retirement
Principal Financial Group has introduced a new quick enrollment method that lets American employees to sign up to save for retirement in their DC plan…
- January 16, 2014 September 13, 2019
- 16:58
Plan sponsors look to improve portfolio efficiency
An increasing correlation between different equity markets, coupled with the forecast for lower returns, have DB pension plan sponsors seeking other ways to diversify their…
- By: Staff
- January 16, 2014 September 13, 2019
- 16:48
Alberta public pensions in good shape: Study
A new study prepared by an independent, professional actuary shows that Alberta's largest public sector pension plans are healthy and well on the way to…
- By: Staff
- January 16, 2014 September 13, 2019
- 11:10
Pension column: Building blocks
Since 2006, changes in markets and interest rates have led to a drop in the average capital accumulation plan (CAP) member’s replacement income ratio—to 62%,…
- By: Janice Holman
- January 16, 2014 September 13, 2019
- 07:00
DC plan members becoming more conservative
Despite a bullish outlook on the market, American DC plan participants are becoming increasingly conservative, with a preference for fixed income without a solid understanding…
- By: Staff
- January 15, 2014 September 13, 2019
- 16:51
SRPPs: A new model for pensions
Pension reform in New Brunswick can be traced to two highly publicized pension plan failures, which reduced incomes substantially below the level promised by the…
- By: Mel Bartlett and Conrad Ferguson
- January 15, 2014 September 13, 2019
- 10:07
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