Are target-benefit plans (TBPs) a cost-effective and risk-reducing alternative for pension plan sponsors versus traditional DB plan and DC plans? And, as importantly, are we…
The Ontario Retirement Pension Plan is based on the "faulty assumption" that most residents of the province aren't ready for retirement, says the Fraser Institute's…
New Brunswick's shared-risk model for pension plans has received the highest grade from the American Academy of Actuaries.
In our last post, we looked at two of the myths surrounding target benefit plans (TBPs). This time, we look at myths involving unions’ opposition…
The Ontario government's pension plan falls well short of the universal, DB retirement security Ontarians need, and are being used as a smokescreen for more…
The Ontario Retirement Pension Plan is scheduled to be implemented in about two years, yet there are still many questions about the plan that remain…
Before getting started on the myths, it’s important to understand what target benefit plans (TBPs) are and how they differ from (but also share) the…
While attending last week’s Pension Policy Forum in Toronto, it became clear that the focus of pension reform in this country has gradually been shifting.
Canada’s retirement income system maintained its B grade in the 2014 edition of the highly regarded Melbourne Mercer Global Pension Index, reinforcing its position as…
Ontario small business owners are feeling vulnerable to the introduction of the Ontario Retirement Pension Plan.
Old age security (OAS) benefits, which consist of the basic OAS pension, the Guaranteed Income Supplement (GIS) and the Allowances, will increase by 0.9% for…
The Association of Canadian Pension Management has released a paper that provides recommendations for a framework to facilitate the conversion from traditional private sector DB…
Linking health and wealth can boost employee productivity and engagement
We live in a digital age where we are bombarded by information at lightning speed. For many of us, it’s a struggle just to get…
It is possible to have too much of a good thing, including communication. In fact, one of the best ways NOT to communicate is to…
The number of old age security beneficiaries is expected to increase by 60% within the next two decades, according to a report.
Target benefit plans have been making significant inroads in the public sector of late, more so than most of us realize.
CARP is calling on the federal government to fight seniors’ poverty by eliminating mandatory minimum withdrawals from RRIFs, relaxing GIS rules and introducing measures to…
The Government of Ontario is moving ahead with its mandatory provincial pension plan, the Ontario Retirement Pension Plan (ORPP), after the provincial budget received royal…
The quarterly benefit amounts for old age security for July to September 2014 will be 1.3% higher.
The Association of Canadian Pension Management says there are principles that should be followed in any expansion of mandatory public plans.
After a number of false starts (and there may be more yet), the goal of pension reform in Canada seems to have zeroed in on…
The Regina Police Service has developed a target benefit pension plan for more than 500 police officers and staff with assistance from Aon Hewitt.
A study finds that the Ontario government's proposed provincial pension plan could cost Ontarians thousands of dollars each year.
A little over two years ago, Daniel Kahneman wrote a seminal book on human behaviour and perceptions, titled Thinking, Fast and Slow. In the book,…