There are no end to the opinions of what needs to be done to better our current pension system. Although it’s been talked about for over a year, we have yet to see major progress. Many feel the time to act has come. With the minister’s meeting in Alberta only days away, we’ve put together […]
Little more than a week ahead of the upcoming Kananaskis, Alta., meeting—while the rest of Canada’s finance ministers search for that most elusive of creatures in our federation, a political consensus—Saskatchewan has unilaterally undertaken a significant evolutionary step toward meaningful and viable pension reform through changes to the Saskatchewan Pension Plan (SPP). But perhaps a […]
At their meeting in Prince Edward Island in June 2010, federal, provincial and territorial finance ministers decided to pursue three areas relating to pensions, one of which was to explore private sector plan design innovations that would allow financial institutions to offer broad-based defined contribution (DC) arrangements to multiple employers and the self-employed. By combining […]
2010 DC Plan Summit report May 07, 2010 | Various authors Our 11th annual DC Plan Summit, Looking Back To Look Forward, offered plan sponsors a vision of the future. From pension reform to new investment and communication strategies, delegates shared informative presentations and insightful dialogue to help shape the DC industry. Session 1 – […]
A Toronto hotel provided the forum for comprehensive and spirited debate on Canada’s retirement system on Wednesday. Speaking at the Conference Board of Canada’s Summit on the Future of Pensions, Healthcare of Ontario Pension Plan president John Crocker delivered a staunch defense of defined benefit (DB) plans, explaining that the emerging conventional wisdom of DB […]
Canada’s federal and provincial finance ministers will gather at a summit meeting today in Whitehorse to discuss, among other things, the state of the nation’s pension system. The outcome of these talks could well be a pivotal defining moment for privately-sponsored pension plans. Media attention on pensions over the past few months has been intense. […]
According to Benefits Canada, total assets in Canadian registered pension plans passed the $1 trillion mark earlier this decade. A question often asked by plan administrators responsible for investing all this money and by those who advise or do business with such administrators is: What are the principal legal rules governing the investment of pension […]
Sydney Ryan is carrying on her father’s legacy at the company he founded 42 years ago. This family-owned and -operated company, Telelink, has grown from a small three-employee answering service to a full-service call centre with 80 to 100 employees(120 in peak summer months), who provide inbound and outbound customer service programs. In 1965, when […]
The federal government has launched a public comment period for an agreement intended to streamline the oversight of pooled registered pension plans (PRPPs).
Ontario has passed the Pooled Registered Pension Plans (PRPP) Act, 2015.