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Pension solvency funding a growing challenge as B.C. deficits mount

Pension solvency funding a growing challenge as B.C. deficits mount

British Columbia’s defined benefit pension plans continue to face funding challenges as solvency deficits mount, according to a report released last week by the Financial…

  • By: Jann Lee
  • August 23, 2016 September 13, 2019
  • 09:00
Have your say: Was the decision to revert OAS eligibility to age 65 a good move?

Have your say: Was the decision to revert OAS eligibility to age 65 a good move?

Was the government’s decision to restore eligibility for old-age security to age 65 the correct choice? Tabled in March, the federal budget cancelled provisions in…

  • By: Staff
  • August 22, 2016 September 13, 2019
  • 14:34
OAS and GIS changes to raise program costs by $11.6B in 2030: report

OAS and GIS changes to raise program costs by $11.6B in 2030: report

Cancelling the increase in the age of eligibility for old-age security benefits would raise total program expenditures by $10.4 billion by 2030, according to a…

  • By: Staff
  • August 22, 2016 September 13, 2019
  • 10:58
Morgan Stanley accused of mismanaging its 401k plan

Morgan Stanley accused of mismanaging its 401k plan

Even Wall Street workers are unhappy with how their retirement plans are run. A participant in Morgan Stanley’s 401k plan filed a lawsuit Friday in…

Raising retirement benefits for military, RCMP families would cost $6B: PBO

Raising retirement benefits for military, RCMP families would cost $6B: PBO

An NDP private member’s bill that proposes raising the retirement benefit payments made to the families of deceased Canadian Forces and Royal Canadian Mounted Police…

Ontario Teachers’ loses appeal of $1M wrongful dismissal ruling

Ontario Teachers’ loses appeal of $1M wrongful dismissal ruling

The Ontario Teachers’ Pension Plan Board has lost its appeal of a decision ordering it to pay more than $1 million to a former senior investment employee. The…

  • By: Jann Lee
  • August 18, 2016 September 13, 2019
  • 09:22
FICOM appoints interim superintendent of pensions

FICOM appoints interim superintendent of pensions

The Financial Institutions Commission of British Columbia has appointed Michael Peters as acting superintendent of pensions as part of an interim leadership team. The regulatory…

  • By: Staff
  • August 17, 2016 September 13, 2019
  • 09:05
Arbitrator picks DC plan for Canada Post rural workers

Arbitrator picks DC plan for Canada Post rural workers

New workers who are members of the Canadian Postmasters and Assistants Association (CPAA) will be joining a defined contribution pension plan after a labour arbitrator ruled…

Sounding Board: A look at the amalgamation of two DC pension plans

Sounding Board: A look at the amalgamation of two DC pension plans

What do you get when you look to transfer 9,000 members, with more than $1.3 billion in assets, from one defined contribution pension plan to…

Caisse posts strongest half-year return since 2010

Caisse posts strongest half-year return since 2010

The Caisse de dépôt et placement du Québec generated a two per cent return in the first half of the year ended June 30, 2016, its…

Canadian pension plans rebound in Q2: RBC report

Canadian pension plans rebound in Q2: RBC report

Despite continuing economic uncertainty, Canadian defined benefit pension plans showed returns of 2.9 per cent in the second quarter of 2016 compared to first quarter…

  • By: Staff
  • August 12, 2016 September 13, 2019
  • 08:26
Caisse to invest additional $125 million in McInnis Cement project

Caisse to invest additional $125 million in McInnis Cement project

La Caisse de dépôt et placement du Québec is to invest an additional $125 million in the form of preferred equity in its McInnis Cement plant…

  • By: Staff
  • August 11, 2016 September 13, 2019
  • 17:19
Removing pension issues a solution to Canada Post stalemate: prof

Removing pension issues a solution to Canada Post stalemate: prof

While Canada Post Corp. has withdrawn the lockout threat it issued in early July to the Canadian Union of Postal Workers, the two sides remain…

Top 5 HR, benefits, pension and investment stories of the week

A story on how Organon Canada is supporting women employees at every stage of their career was the most-read story on BenefitsCanada.com. Here are the top…

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

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…

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…