Ontario proposes amendments to PBA
The Government of Ontario introduced legislation on Wednesday to make amendments to the Pension Benefits Act in response to the Carrigan v. Carrigan Estate case.
- By: Staff
- December 16, 2013 September 13, 2019
- 11:29
Top Stories in Pensions
Market value of pension funds flat
Statistics Canada says the market value of Canadian employer-sponsored pension funds totalled $1.2 trillion at the end of the second quarter, virtually unchanged from the…
- By: Staff
- December 12, 2013 September 13, 2019
- 09:55
Low returns expected to hurt pensions, retirees
Low investment returns loom in the decades ahead. That means bad news for pension plan managers and those saving for retirement, according to a C.D.…
- By: Staff
- December 11, 2013 September 13, 2019
- 16:50
CPP expansion not the best way to save for retirement: Poll
As federal and provincial finance ministers prepare to discuss proposals for increasing mandatory Canada/Quebec Pension Plan premiums this weekend, a poll finds that a vast…
- By: Staff
- December 11, 2013 September 13, 2019
- 16:30
Canada Post to receive pension funding relief
The federal government intends to introduce regulations providing Canada Post with four-year relief from the requirement to make special payments to the pension plan, as…
- By: Staff
- December 11, 2013 September 13, 2019
- 15:09
Great-West Life launches interactive savings site
Great-West Life has launched smartPATH 2.0, an interactive online resource designed to help employers better engage their employees in retirement education, planning and saving.
- December 11, 2013 September 13, 2019
- 12:03
Capital accumulation plans
Guidance on governance options for target benefit plans
As the interest in target benefit plans grows, a new guide by Aon Hewitt says Canada’s pension industry needs to examine the range of choices…
- December 11, 2013 September 13, 2019
- 10:03
Auditor general calls OPG’s pensions “generous”
The pension plan at Ontario Power Generation is generous by any standard, according to the 2013 annual report by the province's auditor general.
- By: Staff
- December 10, 2013 September 13, 2019
- 16:10
DB, DC need similar qualities
DB and DC plans should be more similar, according to Jim Leech, Ontario Teachers’ Pension Plan president and CEO.
- By: Craig Sebastiano
- December 10, 2013 September 13, 2019
- 11:22
Conservatives vote against NDP motion to expand CPP
The Conservatives voted down a motion by the National Democratic Party to expand the Canada Pension Plan in the House of Commons on Monday.
- By: Staff
- December 10, 2013 September 13, 2019
- 10:28
Leech appointed as special advisor
Ontario Minister of Finance Charles Sousa has asked Jim Leech, the outgoing head of the Ontario Teachers' Pension Plan, to recommend ways to make electricity…
- By: Staff
- December 10, 2013 September 13, 2019
- 10:01
Pension assets grew in 2012
Statistics Canada reports that pension wealth advanced to nearly $2.6 trillion by the end of last year, an increase of 9.1% from 2011.
- By: Staff
- December 10, 2013 September 13, 2019
- 10:00
How to win members and influence behaviour
Dale Carnegie’s 1936 classic, How to Win Friends and Influence People, might have been written directly for DC plan sponsors. While plan sponsors can’t force…
- By: Stephen Foerster and Alessandro Previtero
- December 10, 2013 September 13, 2019
- 07:00
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