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Registered pension membership rises, DB plan coverage drops: OSFI

Registered pension membership rises, DB plan coverage drops: OSFI

The total number of active members in registered pension plans rose steadily between 2005 and 2015, from 5.7 million to 6.3 million, an increase of…

  • By: Staff
  • October 13, 2017 September 13, 2019
  • 16:30
CPPIB makes moves in global data centres, U.S. real estate

CPPIB makes moves in global data centres, U.S. real estate

The Canada Pension Plan Investment Board and partners are investing US$350 million in the Alpha Data Centre Fund, which aims to develop a portfolio of new and…

  • By: Staff
  • October 13, 2017 September 13, 2019
  • 16:15
Caisse to buy stake in Quebec convenience store chain

Caisse to buy stake in Quebec convenience store chain

Caisse de dépôt et placement du Québec is purchasing 11,369,599 Class A shares of Alimentation Couche-Tard Inc. from Metro Inc. Couche-Tard owns and operates nearly 9,500…

  • By: Staff
  • October 12, 2017 September 13, 2019
  • 17:11
80% of pension plans underfunded but solvency improved slightly in 2016: OSFI

80% of pension plans underfunded but solvency improved slightly in 2016: OSFI

The overall solvency position improved slightly for federally registered pension plans in 2016 compared to 2015, but the majority of funds remained slightly underfunded on…

  • By: Staff
  • October 11, 2017 September 13, 2019
  • 09:45
Sears liquidation a vindication for pensioners’ move to force DB windup

Sears liquidation a vindication for pensioners’ move to force DB windup

Sears Canada Inc.’s announcement on Tuesday that it will seek a liquidation order from the Ontario Superior Court of Justice appears to vindicate the earlier…

National Institute of Ageing appoints inaugural senior research fellow

National Institute of Ageing appoints inaugural senior research fellow

Ted Rogers School of Management’s National Institute of Ageing has appointed Bonnie-Jeanne MacDonald as its inaugural senior research fellow. In the role, she will conduct…

  • By: Staff
  • October 11, 2017 September 13, 2019
  • 08:00
Can the feds overcome opposition to pass target-benefit pension bill?

Can the feds overcome opposition to pass target-benefit pension bill?

One year after the federal government unveiled legislation that would allow federally regulated employers to offer target-benefit pension plans, the proposal has stalled in the…

Deepening public-private divide, global diversification among key pension trends

Deepening public-private divide, global diversification among key pension trends

The environment for pension plans in Canada has changed dramatically in recent years, and the challenges facing plan sponsors are multiplying. The good news is…

A look at the Netherlands’ proposed new DC model

A look at the Netherlands’ proposed new DC model

The Netherlands has long had a reputation for having a strong two-pillar retirement system that provides retirees with an income replacement rate of at least…

  • By: Jann Lee
  • October 10, 2017 September 13, 2019
  • 08:54
Rituals touted as creative way to get DC members to save more

Rituals touted as creative way to get DC members to save more

Defined contribution plan administrators that want to boost members’ financial behaviour should follow the lead of superstitious sports stars by embracing the surprising power of…

Enbridge, RBC among employers recognized for focus on diversity, inclusion

Enbridge, RBC among employers recognized for focus on diversity, inclusion

Enbridge, Jazz Aviation and the Royal Bank of Canada were among the companies recognized by the federal government for their commitment to creating diverse and…

  • By: Staff
  • October 6, 2017 September 13, 2019
  • 08:45
Quebec employees reject contract offer over pension issues despite eight-month strike

Quebec employees reject contract offer over pension issues despite eight-month strike

Employees at the Canadian Electrolytic Zinc Ltd. refinery outside of Montreal have voted to reject the final contract offer from the their parent company after…

  • By: Staff
  • October 6, 2017 September 13, 2019
  • 08:30
Auditor general says N.S. teachers’ pension plan in ‘worrisome financial shape’

Auditor general says N.S. teachers’ pension plan in ‘worrisome financial shape’

Nova Scotia’s auditor general is sounding the alarm about the financial status of the province’s teachers’ pension plan, calling for action to address its “serious…

  • By: Staff
  • October 4, 2017 September 13, 2019
  • 16:30

More than £50 billion in U.K. pension benefits at risk of being lost, misplaced: study

More than £50 billion in U.K. pension benefits were at risk of being misplaced in abandoned accounts or scattered across multiple lost pots in 2023,…

  • By: Staff
  • March 25, 2024 March 25, 2024
  • 15:00

Employees of Canadian energy companies joining CAAT’s DBplus pension plan

Employees of Candu Energy Inc., Canadian Nuclear Laboratories and Global First Power are joining the Colleges of Applied Arts and Technology’s DBplus pension plan. Unionized…

  • By: Staff
  • March 21, 2024 March 21, 2024
  • 15:00

Clear, flexible regulations needed for target-benefit plans: report

Clear and flexible regulations that reflect the nature and diversity of target-benefit plans would allow these plans to thrive, according to a new report from…

  • By: Staff
  • March 19, 2024 March 18, 2024
  • 09:00

Ontario continues work on infrastructure bank, target-benefit pension plan framework

In its 2024 budget on Tuesday, the Ontario government reiterated its support for a provincial infrastructure bank to leverage public sector pension investments. The bank,…

  • By: Staff
  • March 27, 2024 March 27, 2024
  • 15:00

Group annuity market growing as DB pension plans move to de-risk

Ford of Canada’s recent transfer of $923 million in pension liabilities to Desjardins Group, RBC Insurance and Sun Life Assurance Co. of Canada augurs well…

FSRA names Andrew Fung EVP of pensions

The Financial Services Regulatory Authority of Ontario is appointing Andrew Fung as executive vice-president of pensions, effective March 11, 2024. Fung first joined the Financial…

  • By: Staff
  • March 20, 2024 March 20, 2024
  • 15:00

OPB working with employers to receive salary information of employees impacted by Bill 124

The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the…

  • By: Staff
  • March 12, 2024 March 13, 2024
  • 15:00

UPP keeping plan members engaged, informed with new web portal

The University Pension Plan is launching a new web portal to prioritize plan member engagement throughout the year. “Transparency is an important value to our…

OMERS pension benefits accounted for 9.3% of Ontario retirement income in 2023: report

Retirement benefits paid out by the Ontario Municipal Employees Retirement System accounted for 9.3 per cent of retirement income in Ontario in 2023, according to…

  • By: Blake Wolfe
  • February 15, 2024 February 14, 2024
  • 09:00

How Ontario pay transparency legislation will impact employers

As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says…

Desjardins using budget workshops, interactive game to support employee financial wellness

Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…

  • By: Sadie Janes
  • November 24, 2023 November 23, 2023
  • 09:00

2023 Healthy Outcomes Conference: A closer look at the mental, physical, financial risk factors facing plan members

Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…