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CPP fund ended 2015 up nearly $10 billion in assets

CPP fund ended 2015 up nearly $10 billion in assets

The CPP fund ended 2015 with net assets of $282.6 billion, compared to $272.9 billion at the end of the previous quarter, according to the latest…

Despite protests, Greek PM says reforms ‘not optional’

Despite protests, Greek PM says reforms ‘not optional’

Protesting farmers says they’re planning to camp outside parliament and hold a 48-hour protest against planned pension reforms. Farmers from around 70 highway and road blockades…

Brazil governor wants environmental fund to pay pensions

Brazil governor wants environmental fund to pay pensions

A major Brazilian daily said Tuesday that the Rio de Janeiro state governor wants to use money earmarked for an environmental fund to cover shortfalls…

Noranda Aluminum files for bankruptcy, cites pension liabilities

Noranda Aluminum files for bankruptcy, cites pension liabilities

One of North America’s biggest makers of aluminum foil is seeking bankruptcy protection to restructure, citing falling aluminum prices and other market challenges that also…

Pension risk management in challenging times

Pension risk management in challenging times

In recent years, pension plan sponsors were optimistic about upcoming de-risking activity. In a Towers Watson (now Willis Towers Watson) survey conducted in the summer…

  • February 9, 2016 September 13, 2019
  • 09:30
Ontario spent $600K on ORPP ads during election: taxpayer group

Ontario spent $600K on ORPP ads during election: taxpayer group

Premier Kathleen Wynne is defending nearly $600,000 the government spent in advertising the Ontario Retirement Pension Plan during the federal election campaign. The Canadian Taxpayers’ Federation…

Employee Financial Well-Being to launch online pilot program

Employee Financial Well-Being to launch online pilot program

Employee Financial Well-Being will roll out an online financial education pilot program called Money Ecademy, which is designed to engage and nudge employees towards better financial…

Why decumulation is essential in retirement planning

Why decumulation is essential in retirement planning

Retirement planning has two equal sides, one in which the focus is saving for retirement (accumulation) and the other in which your focus is managing…

  • February 5, 2016 September 13, 2019
  • 09:15
Pension plans feel effect of January’s volatile markets: survey

Pension plans feel effect of January’s volatile markets: survey

The health of Canadian pension plans suffered the effects of January’s slumping equity markets and declining bond yields, according to tracking results for the month…

Raising the bar on pension plan governance

Raising the bar on pension plan governance

New regulations and legislation around plan administration is changing the state of play for pension governance. It is no longer a nice to have; it’s…

AIMCo appoints chief risk officer

AIMCo appoints chief risk officer

Alberta Investment Management Corporation (AIMCo) has appointed Remco van Eeuwijk as chief risk officer, effective May 2, 2016. With more than 15 years of experience,…

  • By: Staff
  • February 3, 2016 September 13, 2019
  • 09:40
SIPP requirements: Out of the boilerplate and into the boiler

SIPP requirements: Out of the boilerplate and into the boiler

Pension plan administrators have a fiduciary duty to invest plan assets prudently and in the best interests of plan beneficiaries. This much, to quote Jane…

  • By: Mark Firman
  • February 3, 2016 September 13, 2019
  • 09:34
Ontario Teachers’ adds to investment team

Ontario Teachers’ adds to investment team

Following on from its appointment of a new chief investment officer, the Ontario Teachers’ Pension Plan (OTPP) has made a series of appointments to its investment…

  • By: Staff
  • February 3, 2016 September 13, 2019
  • 09:22

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

47% of U.S. millennials are moderately confident they’ll save enough for retirement: survey

Nearly half (47 per cent) of U.S. millennials are moderately confident in their ability to accumulate enough retirement savings, according to a new survey by…

  • By: Staff
  • April 9, 2024 April 8, 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

More than £50 billion in U.K. pension benefits at risk of being lost, misplaced: study

More than £50 billion in U.K. pension benefits were at risk of being misplaced in abandoned accounts or scattered across multiple lost pots in 2023,…

  • By: Staff
  • March 25, 2024 March 25, 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…