The continuing demographic shift has put the retirement income issue into the spotlight and prompted discussion between government, the private sector and Canadians. But people’s…
The Ontario Court of Appeal ruled in favour of the former employees of Indalex yesterday. The aluminum company, which filed for creditor protection under the…
The Caisse de dépôt et placement du Québec announced today it has updated its Policy on Responsible Investment, which has been in effect since 2005.…
Otto von Bismarck, first chancellor of Germany, introduced the world’s first state pension plan in the 1880s. Citizens weren’t eligible to collect benefits until age…
The new pension plan deemed supply GST/HST rules are now fully in effect, and their impact is already hitting plan sponsors. Confusion, yes, but there…
Statistics Canada reported in its Pension Plans in Canada survey that, in 2006, just under 220,000 Canadians were members of small registered pension plans (plans…
Pension plans and the issue of who has (or does not have) them has become a hot topic in Canada. As the populations of developed…
The Canada Revenue Agency has introduced a new version of Form GST494. The form is based on the Excise Tax Act (ETA), the proposed amendments…
The head of the Newfoundland and Labrador Employers’ Council has voiced his opposition to a recent request by public sector pensioners for increased pension benefits. …
A three-member task force created by the New Brunswick government to review rules and regulations protecting private pensions in the province is inviting organizations and…
Mere hours before a non-confidence vote brought down his government, Finance Minister Jim Flaherty released final amendments to the Pension and Benefits Standards Regulations, 1985…
In the 1970s, a pension committee appointed to provide oversight for a DB plan might only have met once a year under a simple mandate,…
Buck Consultants has launched a new service—Buck Global Investment Advisors (BGIA)—designed to offer pension plan and endowment clients access to a broader range of fund…
Politics plays an important role in pension reform, and always has ever since Otto Von Bismarck introduced the first old age pension in 1889. Apparently…
A federal budget that attempted to balance the government’s determination to eliminate the deficit by 2015 and the need to attract opposition support offered little…
A Guaranteed Income Supplement (GIS) top-up of $50 a month for singles and $70 a month for couples and the elimination of the mandatory retirement…
Finance Minister Jim Flaherty has offered few clues as to what today’s budget will contain, but major spending isn’t expected. The budget will contain some…
Pooled registered pension plans (PRPPs) are coming, and many will say not a moment too soon given that only one in three private sector worker…
Recent reforms will be inadequate to cover higher pension costs in the future, despite increases in retirement ages in half of Organisation for Economic Co-operation…
Californians want public pension benefits to be restricted, said a Bloomberg report. According to a state-wide survey by Field Research Corp. and the University of…
The Public Service Alliance of Canada has appealed an October decision by the Ontario Court of Appeal which had dismissed the union’s case against the…
An overwhelming majority of Canadians say they want a program that makes it easier for employers to offer a pension plan, according to a Research…
Download the Pension and Benefits Legal Directory Over the last two decades, the pension and benefits industry has had its share of legal issues. Following…
Failure to select a custodial partner, with capabilities aligned with the current and future objectives of the fund, can result in a significant drain on…
Over the past decade, defined benefit (DB) pension investment has changed dramatically in nearly every way but one—plan governance still means trustees are responsible for…