Defined benefit pension solvency rises in April: survey
The median solvency ratio of Canadian defined benefit pension plans stood at 86.1 per cent at the end of April, an increase of 2.4 percentage…
- By: Staff
- May 4, 2016 September 13, 2019
- 09:00
The median solvency ratio of Canadian defined benefit pension plans stood at 86.1 per cent at the end of April, an increase of 2.4 percentage…
Canadian pension funds are falling behind their international peers when it comes to climate change risk management, according to an annual report released yesterday. “Climate…
As the drive towards target-benefit pension plans continues to make headway in Canada, litigation risk for their sponsors is on the rise. The jurisprudence is…
In the 25-year history of the goods and services tax, its application to investment fees has been the subject of a series of battles between the…
The southern Alberta division of the Canadian Corps of Commissionaires has changed its defined contribution pension provider and structure in a bid to offer its 1,600 employees a…
A growing number of pension plan administrators are dealing with with the onerous task of tracking down missing plan members who have retired, according to speakers…
U.S.-based yogurt-maker Chobani is handing out shares worth up to 10 per cent of the company to its 2,000 full-time employees. In a letter sent…
OMERS private equity, the private equity arm of the Ontario Municipal Employees Retirement System, has agreed to sell baked goods company Give and Go Prepared…
One-fifth (21 per cent) of employer respondents to a recent survey by the International Foundation of Employee Benefit Plans provide financial or retirement education programs in the workplace…
The Canada Pension Plan Investment Board and European private equity firm Cinven have announced an agreement to acquire Hotelbeds Group, a global provider of travel…
Ahead of Bombardier’s annual shareholder meeting on Friday, two of its largest shareholders have expressed concern about the company’s executive compensation structure. The Canada Pension Plan Investment Board…
Ontario Teachers’ Pension Plan has announced it will sell its ownership in ANV Holdings BV to AmTrust Financial Services, a multinational insurance holding company headquartered in…
When the Ontario government released a regulatory proposal to eliminate the so-called 30-per-cent rule on March 14, it appeared neither controversial nor significant at first…
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…
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…
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…
An Ontario Superior Court ruling that allowed IBM Canada Ltd. to retrospectively rectify drafting errors that created unintended additional pension benefits for employees on disability…
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…
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…
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…
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…
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…
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 Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…
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…