Employers need to prepare for a new normal in their pension plans as the economy continues to lag and people are living longer, Mercer’s Jean-Philippe…
An investment arm of one of Canada’s large public-sector pension funds says it has agreed to buy a 24.15% stake in Spain’s largest operator of oil…
The Ontario government has announced a series of design and feature details for the Ontario Retirement Pension Plan (ORPP). In a press conference this morning, Ontario…
No matter which position you take on the Ontario Retirement Pension Plan (ORPP), one thing is certain: its introduction offers a unique opportunity to engage and…
Sun Life has completed a combined annuity buy-in transaction valued at $530 million with two Canadian pension plan sponsors to transfer investment, longevity and inflation risk…
The Association of Canadian Pension Management (ACPM) has asked the Ontario government to delay the implementation of the Ontario Retirement Pension Plan (ORPP) by one year. In a letter to…
Greek farmers angry at planned pension and tax reforms have expanded their campaign of blocking highways and closed a border crossing to Bulgaria. About 1,500…
The median solvency ratio of defined benefit (DB) pension plans in Ontario was down very slightly in the fourth quarter of 2015, to 83% on December 31 compared…
Morneau Shepell maintains a database that covers literally all of the defined benefit (DB) pension plans for which the firm performs a funding valuation. The database contains…
Alberta Investment Management Corporation (AIMCo) has announced it will acquire a minority stake in the holding company of DFG Investment Advisors, a New-York based asset management…
The Canadian Armed Forces has admitted that reservists are waiting too long to receive their first pension cheques because the HR processes at National Defence…
The Ontario Trucking Association (OTA) said that one of its key concerns about the Ontario Registered Pension Plan (ORPP) has been “laid to rest for…
The UK government has announced an end to prohibitive charges faced by people looking to access their pension pot early. The plans will cap excessive…
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…