The Association of Canadian Pension Management is hoping to see a series of pension consultations announced by the Ontario government when it shares the details…
The Ontario Chamber of Commerce (OCC) is calling on the government of Ontario to support employers in the transition to the Ontario Retirement Pension Plan…
Alliance Home Healthcare has been ordered by a federal judge to repay a total of US$1,736,339 to its profit-sharing plan. An investigation by the U.S.…
There are many ways to measure the success of a defined benefit pension plan. Consider the Healthcare of Ontario Pension Plan, where I work. HOOPP is one…
It’s not in existence yet, but the Ontario Retirement Pension Plan is already coming under scrutiny from the auditor general. In this case, Bonnie Lysyk…
In a move that has drawn significant attention in the pension community, Quebec has introduced a potential solution to a major conundrum for employers: how…
General Motors plans to sell 20- and 30-year notes to make a payment on its huge U.S. pension obligation for hourly workers. The Detroit company filed…
Canadian pension plans finished 2015 in positive territory with an annual return rate of 5.4%, according to a report by RBC Investor & Treasury Services.…
Better strategic design of group retirement plans and raising contribution rates can help employers improve employees’ retirement savings, according to the 2015 Capital Accumulation Plan…
Group Marcelle has acquired Lise Watier Cosmétiques with an $18-million investment by pension fund Caisse de dépôt et placement du Québec. The acquisition by the Canadian cosmetics…
After a six-year legal battle, it’s finally time for the former employees of the bankrupt technology firm Nortel Networks to learn what to do with their…
The CPP Investment Board and a partner are jointly buying six seniors housing properties in Florida for US$555 million. The Toronto-based retirement fund manager will…
Canadian retirees are living on 62% of the income they had before retiring, according to a new report. The Sun Life Financial Retirement Now Report…
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…
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.…
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…
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,…
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…