Home Pensions Page 216

Top Stories in Pensions

Canadian pension solvency survives Brexit, for now: survey

Canadian pension solvency survives Brexit, for now: survey

Canadian defined benefit pension solvency improved quarter-over-quarter, rising by 2.3 percentage points in the quarter to June 30 as the immediate selloff in equities following…

  • By: Staff
  • July 6, 2016 September 13, 2019
  • 09:00
Caisse to acquire French property management company

Caisse to acquire French property management company

The Caisse de dépôt et placement du Québec is to acquire French residential property management company Foncia. Caisse is part of a consortium of buyers…

  • By: Staff
  • July 6, 2016 September 13, 2019
  • 08:50
Canada Post sticks to DC stance in issuing lockout notice to union

Canada Post sticks to DC stance in issuing lockout notice to union

Canada Post Corp. is sticking to its proposal to introduce a defined contribution pension plan for new workers as it issues a 72-hour lockout notice…

  • By: Staff
  • July 5, 2016 September 13, 2019
  • 09:42
How did Canada’s fastest-growing pension funds fight off 2015 market headwinds?

How did Canada’s fastest-growing pension funds fight off 2015 market headwinds?

In a year that witnessed volatile markets and a plummeting Canadian dollar, 92 per cent of the plans on Benefits Canada’s top 100 pension funds…

CPPIB’s Crestone Peak Resources announces expected close of Encana subsidiary sale

CPPIB’s Crestone Peak Resources announces expected close of Encana subsidiary sale

Encana Corp. and Crestone Peak Resources, which is 95 per cent owned by the Canada Pension Plan Investment Board, have announced that Encana expects the…

  • By: Staff
  • July 4, 2016 September 13, 2019
  • 08:28
71% of employers to focus on employees’ financial well-being: survey

71% of employers to focus on employees’ financial well-being: survey

Nearly three-quarters (71 per cent) of employers said they intend to focus on employees’ financial well-being in ways that expand beyond retirement decisions, according to…

  • By: Staff
  • June 30, 2016 September 13, 2019
  • 16:55
Update to 10% pension investment rule to come July 1

Update to 10% pension investment rule to come July 1

Amendments to the Pension Benefits Standards Act take effect on July 1, including an update to the 10 per cent rule for investments and regulations…

B.C. Teachers’ pension reduces employer contribution rates

B.C. Teachers’ pension reduces employer contribution rates

British Columbia’s Teachers’ Pension Plan is decreasing its employer contributions from July 1 after its most recent valuation results showed the plan is in surplus.…

Brexit puts a damper on Canadian pension plans: survey

Brexit puts a damper on Canadian pension plans: survey

The solvency ratio of a typical Canadian pension plan has fallen by almost three per cent since the majority of Britain voted to leave the…

  • By: Staff
  • June 29, 2016 September 13, 2019
  • 09:14
Pensioners suffer a blow as judge rules on Co-op Atlantic restructuring

Pensioners suffer a blow as judge rules on Co-op Atlantic restructuring

Pensioners of a New Brunswick co-operative have suffered a blow as legal wranglings continue over the fate of pensions at several Canadian companies. In Moncton,…

Manitoba wants CPP deal to go even further

Manitoba wants CPP deal to go even further

Manitoba has proposed a series of enhancements to the Canada Pension Plan agreement that it believes would make the CPP “more responsive to the realities…

  • By: Staff
  • June 28, 2016 September 13, 2019
  • 08:27
Canada and four provinces sign PRPP agreement

Canada and four provinces sign PRPP agreement

Canada, British Columbia, Nova Scotia, Quebec and Saskatchewan have signed a multilateral agreement on pooled registered pension plans and voluntary retirement savings plans which came…

  • By: Staff
  • June 27, 2016 September 13, 2019
  • 09:43
Pension association asks CRA for help locating pensioners

Pension association asks CRA for help locating pensioners

The Association of Canadian Pension Management has submitted a letter to the Canada Revenue Agency asking for help to locate missing pension plan members. Specifically,…

  • By: Staff
  • June 27, 2016 September 13, 2019
  • 09:16

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…