I am now going to publicly flip-flop and add my voice to calls for CPP expansion, which I now believe to be an inevitable development.
Ontario Premier Kathleen Wynne warns that unless retirement incomes are improved, Canada will suffer the consequences.
The Ontario Teachers' Pension Plan and OMERS are pleased with the Government of Ontario's decision to modernize investment rules for large pension plans.
In its fall economic statement, the Government of Ontario said it would take steps to make the province's retirement income system better.
Finance Minister Jim Flaherty supports an expanded Canada Pension Plan but not while the economy is still in recovery mode.
Many Canadian companies will soon start preparing disclosures for their fiscal year-end corporate financial statements. For most organizations that account for their pension and other…
Individual investment strategies have less of an impact on DC members' replacement income than plan contributions and interest rates, according to Eckler's Capital Accumulation Plan…
While there is a strong commitment to DB plans in the public sector, a survey finds that many Canadian plan sponsors are looking at ways…
Bentall Kennedy has launched a new real estate investment fund, which will be available only to members of DC pension and savings plans provided by…
This past summer, the employer members of OMERS proposed cutting the basic pension formula from 2% of final average pay (on earnings over the year’s…
The Canadian Restaurant and Foodservices Association says enhancements to the Canada Pension Plan are worrisome for labour-intensive restaurant employers and will increase the cost of…
Provincial and territorial finance ministers reached an agreement on conditions to expand the Canada Pension Plan on Friday.
The Canada Revenue Agency says the maximum pensionable earnings under the Canada Pension Plan (CPP) for 2014 will be $52,500, up from $51,100 in 2013.
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…