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Conte Financial Services, Dickinson & Associates merging

Conte Financial Services Inc. and Dickinson & Associates are merging to become the Prime Benefits Group. The two Ottawa-based employee benefits and pension consulting firms finalized the merger earlier this month. The new firm continues to operate out of Canada’s capital city.  Read: Hub acquires Ontario benefits, HR consulting firm Tony Conte, formerly president of Conte Financial Services, and […]

  • September 22, 2020 November 12, 2020
  • 15:00

Ontario allowing DB pension sponsors to defer contributions until 2021

The government of Ontario is providing employers with the option to defer contributions to certain defined benefit pension plans to help with their organization’s cash flow during the coronavirus pandemic while providing safeguards for funding plan member benefits. The province has amended its Pension Benefits Act to allow for the temporary deferral of contributions, while the Financial Services […]

  • September 22, 2020 November 30, 2020
  • 08:45

Ontario Teachers’ opening Singapore office

The Ontario Teachers’ Pension Plan is opening a new office in Singapore to enhance its capabilities in Asia Pacific. As of the end of 2019, the plan had more than 30 employees in the region and about $15 billion invested there across public equity, private equity and infrastructure. “Expanding our presence in Asia is critical […]

  • September 22, 2020 December 6, 2020
  • 07:18

Ontario Teachers’ opening Singapore office

The Ontario Teachers’ Pension Plan is opening a new office in Singapore to enhance its capabilities in Asia Pacific. As of the end of 2019, the plan had more than 30 employees in the region and about $15 billion invested there across public equity, private equity and infrastructure. “Expanding our presence in Asia is critical to […]

  • September 21, 2020 November 17, 2020
  • 15:45

Osler appointing Andrea Boctor to pensions, benefits group

Osler Hoskin and Harcourt LLP is appointing Andrea Boctor as a partner in its pensions and benefits group. Boctor’s practice encompasses all areas of pensions and benefits law, including pension administration, investment structuring and compliance and pension issues that arise in the context of transactions, lending and restructurings. In addition, her practice has a particular […]

  • September 21, 2020 November 30, 2020
  • 15:15

OSFI launches discussion on tech risks to pensions, other federal financial institutions

The Office of the Superintendent of Financial Institutions is launching a three-month consultation on risks and other considerations regarding technological advancements impacting Canada’s financial sector. Along with a discussion paper, the consultation’s objective is to ensure federally regulated financial institutions and pension plans have solid strategies to manage non-financial risks. According to the agency, while rapidly […]

  • September 21, 2020 November 30, 2020
  • 09:20

Canadian workers saving more during coronavirus but still suffering financial stress: survey

While 62 per cent of working Canadians said they’re able to save more than five per cent of their paycheque in 2020, compared to 59 per cent in 2019, more are financially stressed than in previous years, according to a new survey by the Canadian Payroll Association. The survey, along with an analysis of its […]

  • September 21, 2020 November 17, 2020
  • 09:15

CIA selects FTSE Russell to represent Canada bond market for commuted-value calculations

The Canadian Institute of Actuaries has selected FTSE Russell to represent the provincial and investment-grade corporate bond spread to be used for the CIA’s new market-based commuted-value calculation. The calculation is used to determine how much to pay a member of a registered defined benefit pension who leaves the plan and elects to receive their […]

  • September 21, 2020 December 6, 2020
  • 07:58

EAP counselling more effective on issues of presenteeism than other workplace problems: survey

Presenteeism is the No. 1 issue for employers in terms of its negative impact on the workforce and the extent to which is can be improved with counselling through an employee assistance program, according to a new survey by Morneau Shepell Ltd. The survey, which covered insights from more than 35,000 employees gathered between 2010 and 2019, […]

  • September 18, 2020 November 17, 2020
  • 15:30

CIA, FTSE Russell partner on commuted-value calculation

The Canadian Institute of Actuaries has selected FTSE Russell to represent the provincial and investment-grade corporate bond spread to be used for the CIA’s new market-based commuted-value calculation. The calculation is used to determine how much to pay a member of a registered defined benefit pension who leaves the plan and elects to receive their […]

  • September 18, 2020 November 30, 2020
  • 15:15