During Benefits Canada’s annual DC Plan Summit, plan sponsors participated in interactive sessions. They split into small groups and were given questions to discuss. Based…
The Ontario Teachers’ Pension Plan posted a solid 13% rate of return for the year ended Dec. 31, 2012, beating its consolidated benchmark by 2%.
Canadian pension plans have improved their solvency position in Q1 due to a strong performance in equities and a slight increase in long-term interest rates.…
During Benefits Canada’s annual DC Plan Summit, plan sponsors participated in interactive sessions. They split into small groups and were given questions to discuss. Based…
Institutional investors began 2013 with the anticipation of a gradual global economic recovery. While this trend may play out, there is a need for continued…
During Benefits Canada’s annual DC Plan Summit, plan sponsors participated in interactive sessions. They split into small groups and were given questions to discuss. Based…
The Supreme Court of Canada has dismissed the application for leave to appeal in Carrigan v. Carrigan Estate, a case that has changed how pre-retirement death…
It has become a truism that DC plans impose too much risk on employees but that belief is rarely quantified.
Although fewer companies are offering DB pension plans, U.K. employers paid record amounts to these plans last year, according to an analysis by Towers Watson…
The collective bargaining environment in recent years has been heavily influenced by employers’ desires to constrain labour costs, improve productivity and better manage their financial…
Ottawa is urging the provinces to move forward on pooled registered pension plans (PRPPs), noting in this year’s federal budget that the federal PRPP regulatory…
Saskatchewan Finance Minister Ken Krawetz announced yesterday in his budget address that his government intends to introduce pooled registered pension plan (PRPP) legislation in 2013.
Bailouts are complicated things when it comes to sovereign nations, as the continuing woes of Greece, Ireland, Spain and Portugal illustrate. For all the infusion…
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…
The International Centre for Pension Management is celebrating 20 years of promoting strong pension governance practices by regularly engaging plan sponsor members, says Sebastien Betermier, the organization’s…
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…
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…