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CPP enhancements receive final sign-off

CPP enhancements receive final sign-off

Canada’s governor general has signed an order in council to bring the Canada Pension Plan enhancements in Bill C-26 into force, marking the final step…

  • By: Staff
  • March 2, 2017 September 13, 2019
  • 10:30
Canadian retirees more financially satisfied and confident than pre-retirees: survey

Canadian retirees more financially satisfied and confident than pre-retirees: survey

Canadian retirees report a higher degree of financial satisfaction, are more confident in their financial decisions and have less anxiety about retirement compared to those…

B.C. case pits U.S. pension claims against Canadian workers in bankruptcy matter

B.C. case pits U.S. pension claims against Canadian workers in bankruptcy matter

In a case with significant consequences for Canadian employers and workers that has echoes of the saga involving Nortel Networks Corp., the British Columbia Supreme…

Newfoundland MHAs’ potential move to DC pension could save $5.2M

Newfoundland MHAs’ potential move to DC pension could save $5.2M

Newly-elected members of the House of Assembly in Newfoundland and Labrador could be moved out of their defined benefit pension plan to a defined contribution…

Half of Canadian retirees left work earlier than expected: survey

Half of Canadian retirees left work earlier than expected: survey

Nearly half (48 per cent) of retired Canadians aged 50 and over stopped working earlier than expected, with 33 per cent doing so because of…

  • By: Staff
  • February 28, 2017 September 13, 2019
  • 08:43
The 5 key components of a DB pension funding regime

The 5 key components of a DB pension funding regime

The interest in pension funding rules is as great as ever, with changes taking effect in Quebec in 2016 and a review of funding rules…

  • February 24, 2017 September 13, 2019
  • 09:00
Manitoba should consider pension funding reform instead of temporary measures: PIAC

Manitoba should consider pension funding reform instead of temporary measures: PIAC

Manitoba should initiate an overall pension funding reform review similar to other provinces rather than continuing to rely on temporary solvency relief measures, according to…

  • By: Staff
  • February 23, 2017 September 13, 2019
  • 08:36

Health-care union to introduce low-fee, portable savings plan

Canada’s health-care union, the Services Employees International Union Healthcare, is introducing a new low-fee, portable retirement plan for its members and their family members. The…

Have your say: Are employers responsible for helping staff boost RRSP contributions?

Have your say: Are employers responsible for helping staff boost RRSP contributions?

As the registered retirement savings plan turns 60 this year and the annual contribution deadline looms ahead, two new pieces of research show a shift…

  • By: Staff
  • February 21, 2017 September 13, 2019
  • 13:45
CPPIB head says China and Canada face similar pension challenges

CPPIB head says China and Canada face similar pension challenges

China sees Canada as a valuable source of expertise as both countries grapple with the needs of an aging population that’s increasingly retired, according to…

Canadian pensioners not living as long as expected: research

Canadian pensioners not living as long as expected: research

Longevity for Canadian pensioners is lower than anticipated, which could be costing defined benefit plan sponsors, according to new research by Club Vita Canada Inc.…

  • By: Staff
  • February 21, 2017 September 13, 2019
  • 09:40
How to deal with DB pensions in an M&A transaction

How to deal with DB pensions in an M&A transaction

When General Electric Co. acquired French multinational Alstom’s energy activities in November 2015, the transaction was via a stock purchase. That meant the whole division…

Stelco’s long battle on the pension precipice

Stelco’s long battle on the pension precipice

Like most 19-year-olds, Gary Howe didn’t pay a great deal of attention to his pension entitlements when he signed up with Stelco Inc. as an…

Feds seeking to boost domestic investments by Canadian institutional investors: budget

In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…

  • By: Staff
  • April 17, 2024 April 16, 2024
  • 09:00

Back to basics on investment glide paths

Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee…

Employer matching key to supporting young workers’ retirement readiness: report

Employer-sponsored retirement plans that offer matching contributions can help younger workers retire earlier and with more money, according to a new report by Mercer Canada.…

  • By: Staff
  • April 11, 2024 April 10, 2024
  • 09:00

FSRA focusing on target-benefit framework for MEPPs, sustainability of PBGF in 2024-25 annual plan

In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s…

  • By: Staff
  • April 17, 2024 April 16, 2024
  • 09:00

Where do Canadian institutional investors stand on calls for increased domestic investments?

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…

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

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

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…

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…