PIAC – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Tue, 19 Nov 2024 17:20:15 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-103/ Fri, 11 Oct 2024 13:00:43 +0000 https://www.benefitscanada.com/?p=161251 An article on why employers that mandate onsite work could see increased employee turnover was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Employers mandating onsite work may see exodus of skilled employees: expert 2. 69% of Canadian workers experiencing symptoms […]

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]]> PIAC recommending flexible sustainability reporting framework for institutional investors https://www.benefitscanada.com/news/cir-news-news/piac-recommending-flexible-sustainability-reporting-framework-for-institutional-investors/ Mon, 07 Oct 2024 13:00:59 +0000 https://www.benefitscanada.com/?p=161016 The Pension Investment Association of Canada is recommending the development of a flexible framework to guide institutional investors’ sustainability reporting, while encouraging innovation and addressing greenwashing. In an open letter to the Competition Bureau, the PIAC said it would oppose any model that imposes disincentives on businesses disclosing strategy and process as it evolves. It argued that […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-95/ Fri, 16 Aug 2024 13:00:52 +0000 https://www.benefitscanada.com/?p=159257 An article on why Canadian workers say job flexibility is key to satisfaction was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. 70% of Canadian workers say flexibility key to job satisfaction: survey 2. Only a quarter of Canadian employees […]

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]]> Canadian pension plans facing unexpected taxes in EU countries: PIAC https://www.benefitscanada.com/pensions/governance-law/canadian-pension-plans-facing-unexpected-taxes-in-eu-countries-piac/ Tue, 13 Aug 2024 13:00:26 +0000 https://www.benefitscanada.com/?p=159022 Canadian pension plans are facing unforeseen taxation of dividends in European Union countries like Germany and the Netherlands, said the Pension Investment Association of Canada. In an open letter, the PIAC said its members have endured a discriminatory dividend taxation relative to settled European tax law and the free movement of capital within the EU […]

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]]> CSSB’s climate risk disclosure standards should align with ISSB’s, with only Canadian-specific modifications: PIAC https://www.benefitscanada.com/pensions/governance-law/cssbs-climate-risk-disclosure-standards-should-align-with-issbs-with-only-canadian-specific-modifications-piac/ Thu, 20 Jun 2024 13:00:00 +0000 https://www.benefitscanada.com/?p=157204 The Pension Investment Association of Canada supports closely aligning the Canadian Sustainability Standards Board disclosure standards with the International Sustainability Standards Board’s requirements but recommends it only make necessary Canadian-specific modifications to the guidance. In an open letter to the CSSB, the PIAC noted alignment between financial and sustainability reporting supports “a connectivity that is essential […]

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]]> Where do Canadian institutional investors stand on calls for increased domestic investments? https://www.benefitscanada.com/news/cir-news-news/where-do-canadian-institutional-investors-stand-on-calls-for-increased-domestic-investments/ Thu, 04 Apr 2024 13:00:53 +0000 https://www.benefitscanada.com/?p=152900 A renewed call for increased domestic investments by Canadian pension plans isn’t surprising amid an ongoing discussion around the role of investment organizations in supporting the economy, says Malcolm Hamilton, a senior fellow at the C.D. Howe Institute. “I think it’s very natural for Canadian businesses . . . [that] focus on the Canadian economy, not […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-70/ Fri, 26 Jan 2024 14:00:29 +0000 https://www.benefitscanada.com/?p=151186 An article on the funded position of Canadian defined benefit pension plans was the most-read story on BenefitsCanada.com. Here are the five top HR, benefit, pension and investment stories of the week: 1. Average DB pension plan’s funded position on solvency basis up in November: report 2. Decision raises questions about dependent contractors’ entitlement to reasonable notice […]

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]]> PIAC asking B.C. to refrain from limiting entities that can offer variable life benefits https://www.benefitscanada.com/pensions/governance-law/piac-asking-bc-to-refrain-from-limiting-entities-that-can-offer-variable-life-benefits/ Wed, 24 Jan 2024 14:00:03 +0000 https://www.benefitscanada.com/?p=151019 The Pension Investments Association of Canada is calling on the British Columbia government to refrain from setting limits on the type of entities that can offer variable life benefits. In an open letter, the association said a competitive landscape that includes a broad scope of service providers, including registered pension plans, would be beneficial for retirees, noting […]

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]]> PIAC focusing on pension solvency uniformity, CAPSA risk management guidelines in 2024 https://www.benefitscanada.com/pensions/governance-law/piac-focusing-on-pension-solvency-uniformity-capsa-risk-management-guidelines-in-2024/ Thu, 18 Jan 2024 14:00:34 +0000 https://www.benefitscanada.com/?p=150701 The Pension Investment Association of Canada will concentrate its legislative advocacy efforts on funding reform in 2024, including for an overhaul of long-term, minimum funding regulations for federally regulated defined benefit pension plans, said David Lawson, the PIAC’s new chair. In an emailed statement to Benefits Canada, he said as DB plan sponsors continue to face […]

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]]> BCFSA’s climate risk guidelines could create burden on smaller pension plans, says PIAC https://www.benefitscanada.com/pensions/governance-law/bcfsas-climate-risk-guidelines-could-create-burden-on-smaller-pension-plans-piac/ Thu, 14 Dec 2023 14:00:37 +0000 https://www.benefitscanada.com/?p=148770 The Pension Investment Association of Canada is calling on the B.C. Financial Services Authority to reconsider implementing new standards for climate-related risks analysis guidelines, noting it would be extremely challenging for most pension plans to meet a potential new climate and transition risk review system. In an open letter, the PIAC recommended a principles-based approach to […]

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