Legislative round-up: pension dates for 2016
To stay up to date on legislative changes in the pension industry, it is important to bookmark a few key dates for 2016. January 1,…
- By: Staff
- January 8, 2016 September 13, 2019
- 09:10
Top Stories in Pensions
2015 ended on a down note for Canadian pensions
The solvency position of Canadian pension plans were down slightly in 2015, according to the latest Mercer Pension Health Index. The median solvency ratio of…
- By: Jennifer Paterson
- January 6, 2016 September 13, 2019
- 09:29
New pension funding rules in Quebec
Major changes to the rules around the funding of private sector defined benefit pension plans took effect on January 1, 2016 in Quebec. The changes in Bill…
- By: Jennifer Paterson
- January 5, 2016 September 13, 2019
- 09:25
Luring talent to manage pension assets in-house when you don’t have much to offer
If you want something done right, do it yourself. This cliché rings true for more and more pension funds worldwide. Looking to save on investment…
- By: Yaldaz Sadakova
- December 29, 2015 September 13, 2019
- 10:17
CPPIB to invest an extra $1billion in China
The Canada Pension Plan Investment Board (CPPIB) is committing an additional US$1 billion to logistics investments in China. The funds will be allocated to the…
- By: The Canadian Press
- December 23, 2015 September 13, 2019
- 13:16
ORPP may be good for the economy, but confusion about it remains
The Conference Board of Canada says the proposed Ontario Retirement Pension Plan (ORPP) will mean long-term increases in income that offset the small negative effect…
- By: The Canadian Press
- December 23, 2015 September 13, 2019
- 13:06
Despite Fed’s rate hike, Canada’s pension plans still face low bond returns
The U.S. Federal Reserve’s recent 25-basis-point rate hike—the first one since the 2008 meltdown—won’t affect the funded status of Canadian defined benefit pension plans, experts…
- By: Yaldaz Sadakova
- December 23, 2015 September 13, 2019
- 12:21
Higher pension contributions only partly offset by lower RRSP savings
A new report by Statistics Canada says automatic increases in registered pension plans are most helpful to people who don’t save much in registered retirement…
- By: The Canadian Press
- December 22, 2015 September 13, 2019
- 12:08
JPMorgan Chase to compensate public pension funds for trading losses
JPMorgan Chase has agreed to pay $150 million to public pension funds and individuals hurt by its $6 billion “London Whale” trading loss, Ohio’s attorney…
- By: Julie Carr Smyth, The Associated Press
- December 22, 2015 September 13, 2019
- 12:05
Finance ministers agree to revisit pension reform talks in 2016
A federal-provincial gathering of finance ministers reached rare consensus Monday on the polarizing subject of Canada Pension Plan (CPP) reform—they agreed to keep debating it.…
- By: Andy Blatchford, The Canadian Press
- December 22, 2015 September 13, 2019
- 11:58
Other
How to communicate shared-risk plan designs
In our collective search for ways to offer retirement income security while maintaining contribution stability, jointly-sponsored pension plans (JSPPs), target benefit plans (TBPs) and shared…
- By: Susan Deller
- December 22, 2015 September 13, 2019
- 10:14
What does the industry expect from CPP talks?
As Finance Minister Bill Morneau meets with his provincial and territorial counterparts in Ottawa this weekend, it is expected that the Canada Pension Plan (CPP)…
- By: Jennifer Paterson
- December 18, 2015 September 13, 2019
- 09:47
NL government halts collection of pension overpayments
The new Liberal government in Newfoundland and Labrador is dropping an effort to collect on pension overpayments to more than 400 people. The pensioners had…
- By: The Canadian Press
- December 18, 2015 September 13, 2019
- 09:30
Chipotle expanding benefits offering to focus on career development, student debt
In anticipation of 25 per cent to 35 per cent growth in Canada by the end of 2024, restaurant chain Chipotle Mexican Grill Inc. is making…
- By: Sadie Janes
- April 26, 2024 April 26, 2024
- 09:00
Top 5 HR, benefits, pension and investment stories of the week
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…
- By: Staff
- April 19, 2024 April 18, 2024
- 09:00
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
Top 5 HR, benefits, pensions and investment stories of the week
An article on how employers are enhancing their benefits packages to boost talent attraction and retention was the most-read story on BenefitsCanada.com this past week.…
- By: Staff
- April 26, 2024 April 25, 2024
- 09:00
Ontario court sides with IBM in pension benefits rectification case
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…
- By: Julius Melnitzer
- April 24, 2024 April 23, 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
Just a third of U.K pension plan members feel they’ve saved enough to retire: survey
Only a third (31 per cent) of U.K. pension plan members say they have sufficient retirement savings, down slightly from 32 per cent in 2022,…
- By: Staff
- April 26, 2024 April 25, 2024
- 09:00
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
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…
- By: Sadie Janes
- December 4, 2023 December 1, 2023
- 09:00
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…
- By: Kelsey Rolfe
- November 20, 2023 November 15, 2023
- 07:58