Latest news in Other

The good and the bad of auto-enrollment

The good and the bad of auto-enrollment

For employers that are trying to help their employees prepare for retirement, the challenge has always been finding ways to craft a program that is…

Canada ranks 10th in pension sustainability

Canada ranks 10th in pension sustainability

Canada’s pension system rounds out the top 10 of the most stable systems in the world, according to research by Allianz Global Investors.

  • By: Tammy Burns
  • November 8, 2011 September 13, 2019
  • 10:36
Pension plans not in future for many Quebec SMEs

Pension plans not in future for many Quebec SMEs

Retirement planning will remain a major issue for workers of Quebec-based small and medium-sized enterprises (SMEs) that don’t offer pension plans. According to the latest…

  • By: Staff
  • October 31, 2011 September 13, 2019
  • 11:29
Small businesses can benefit from benefits programs

Small businesses can benefit from benefits programs

The bulk of Canadian employers believe that offering benefits increases employees’ productivity and gives them a hiring advantage—but many employers aren’t implementing the necessary programs…

  • By: Staff
  • October 28, 2011 September 13, 2019
  • 10:14
Pensions, banks prop up M&A activity

Pensions, banks prop up M&A activity

Merger and acquisition activity edged higher in Canada in the third quarter, thanks to a wave of deals by pension funds and banks, says a…

  • By: Staff
  • October 28, 2011 September 13, 2019
  • 09:35
Teachers’ commits $125 million to NXT Capital

Teachers’ commits $125 million to NXT Capital

Teachers’ Private Capital, a unit of the Ontario Teachers’ Pension Plan (Teachers’) has made a $125 million equity commitment to NXT Capital, LLC, a privately…

  • By: Staff
  • October 27, 2011 September 13, 2019
  • 09:12
Report: Beware of longevity risk

Report: Beware of longevity risk

Many public and private employer pension funds have under-reserved for longevity risk, a new report from Swiss Re reveals. The report, Longevity risk and protection…

  • By: Staff
  • October 24, 2011 September 13, 2019
  • 09:33
Pensions take hit in Q3: RBC Dexia

Pensions take hit in Q3: RBC Dexia

The market volatility that swept through global equity markets in the third quarter had a severe impact on pension plans, according to RBC Dexia Investor…

  • By: Staff
  • October 21, 2011 September 13, 2019
  • 08:16
What your employees don’t know about government programs

What your employees don’t know about government programs

When it comes to government benefits, chances are many of your employees don’t know what’s available or what they’re entitled to. Is it your job…

Managing pensions in unsettled times

Managing pensions in unsettled times

The capital market volatility of the past few months has been unsettling for pension plan sponsors and participants alike. Even before Standard & Poor’s downgrading…

U.S. public pension assets fell $726 billion in 2009

U.S. public pension assets fell $726 billion in 2009

The U.S.’s state and local public employee retirement systems fell $726.1 billion, or 22.7% in 2009, from $3.2 trillion in 2008 to $2.5 trillion in…

  • By: Staff
  • October 17, 2011 September 13, 2019
  • 09:42
OMERS Ventures invests in app developer

OMERS Ventures invests in app developer

OMERS Ventures and Charles River Ventures have invested a combined $5 million in Wave Accounting Inc., an online accounting application developer, as part of Wave’s…

  • By: Staff
  • October 14, 2011 September 13, 2019
  • 10:59
OMERS, CPPIB team up on RBC development

OMERS, CPPIB team up on RBC development

The Canada Pension Plan Investment Board (CPPIB) and Oxford Properties, the real estate arm of OMERS, are teaming up in a fifty-fifty joint venture to…

  • By: Staff
  • October 14, 2011 September 13, 2019
  • 10:23
Claim deadlines looming for 2010 pension entity GST/HST rebates

Claim deadlines looming for 2010 pension entity GST/HST rebates

There is an estimated $300 million per year available for GST/HST pension entity rebates—an average of approximately $25,000 per eligible plan—but much of that money…

  • By: Greg Hurst
  • October 13, 2011 September 13, 2019
  • 10:53
Canadian pensions rank fifth, but reform needed

Canadian pensions rank fifth, but reform needed

Canada has held on to its fifth place ranking in a global comparison of pension systems, but significant reform is still needed. According to the…

  • By: Staff
  • October 11, 2011 September 13, 2019
  • 11:47
5 tips for choosing your RFP consultant

5 tips for choosing your RFP consultant

Transparency and good governance influence how Canadian pension plan sponsors manage their plans. While many continue to choose service providers via transparent internal processes, plan…

No review of public sector pensions for N.S.

No review of public sector pensions for N.S.

Nova Scotia Premier Darrell Dexter says the province has no plans to review public sector pension plans. Dexter says his government will look at what…

Global economy drives Canadian pension losses

Global economy drives Canadian pension losses

Amid concerns of a global economic slowdown, Canadian pension plans experienced significant losses on both sides of the balance sheet in the third quarter of…

  • By: Neil Faba
  • October 6, 2011 September 13, 2019
  • 12:03
Top 100 U.S. public fund assets hit $2.8 trillion

Top 100 U.S. public fund assets hit $2.8 trillion

The assets for the U.S.’s 100 largest public sector retirement plans rose 1.3% to US$2.8 trillion in the second quarter of 2011, according to the…

Hybrid pension plans: Way of the future or just a myth?

Hybrid pension plans: Way of the future or just a myth?

Air Canada and the union representing its flight attendants recently agreed to a new hybrid pension plan for new hires. It consists of a slimmed…

Pension reform’s rough waters: Expectations crash with reality

Pension reform’s rough waters: Expectations crash with reality

I was asked recently to speak at the IFEB Conference on the topic “The Collision of Pension Reform and Poor Investment Returns.” I didn’t choose…

  • By: Robin Pond
  • September 20, 2011 September 13, 2019
  • 13:21
EAPs need to address debt in investment counselling

EAPs need to address debt in investment counselling

Canadian employees are too in debt to think about retirement planning. That’s the implication from a recent report by Morneau Shepell, which shows more workers…

  • By: Tammy Burns
  • September 16, 2011 September 13, 2019
  • 10:43
Funded status of U.S. pensions falls to 78%

Funded status of U.S. pensions falls to 78%

The funded status of the typical U.S. corporate pension plan fell 5.6 percentage points in August, to 78%, as pension plans were affected by both…

  • By: Staff
  • September 14, 2011 September 13, 2019
  • 14:08
Vanguard to provide 401(k) plans to small companies

Vanguard to provide 401(k) plans to small companies

American investment manager Vanguard has announced it will offer a bundled 401(k) plan service for small companies. The service is designed for 401(k) and profit-sharing…

  • By: Staff
  • September 14, 2011 September 13, 2019
  • 10:32
Pension size and performance

Pension size and performance

Is bigger better? That’s the question posed by Alexander Dyck and Lukasz Pomorski, professors of finance at the Rotman School of Management, University of Toronto,…