Canadians remain confused about saving for retirement
Many Canadians don’t know how much they will need to save for retirement on their own and to what extent they should rely on government…
- By: Staff
- November 13, 2015 September 13, 2019
- 11:10
Many Canadians don’t know how much they will need to save for retirement on their own and to what extent they should rely on government…
Canada’s governments should act now to reform the Canada Pension Plan, says the Canadian Institute of Actuaries. Federal and provincial governments have a “once-in-a-generation opportunity…
For capital accumulation plan (CAP) members, it’s tough trying to save money for retirement. How much should I save? How much is actually enough for…
Many Canadians in their late 40s and early 50s have large amounts of debt and little savings for retirement, CBC reports. On top of that,…
Canadian DB pension plans are taking a more proactive and long-term approach to risk in an effort to better cope with volatility. These are the…
The federal department in charge of retirement benefits has quietly been reviewing its protocols amid concerns that military spouses were wrongfully being rejected for old…
Edwin Cass, senior vice-president and chief investment strategist for the Canada Pension Plan Investment Board (CPPIB) spoke about the pension fund’s investment framework at the…
It doesn’t take much to make a B.C. registered pension plan (or a plan registered in another provincial jurisdiction with B.C. members) quickly become non-compliant…
With the snowballing shift from DB to DC pension plans over the last decade or two, Canadians have grown more accustomed to owning responsibility for…
What’s the best way to transfer DB risk? Here are three strategies.
After opening an office in Mumbai in late October, The Canada Pension Plan Investment Board (CPPIB) will now invest $2 billion in affordable housing in…
The debate about the merits of the proposed Ontario Retirement Pension Plan (ORPP) and a mandatory CPP expansion versus private pensions continues. But proposal opponents…
Canada Pension Plan Investment Board (CPPIB) is expanding its investments in the United States, including a US$350-million real estate deal. The transaction will give the…
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,…
Employees of Candu Energy Inc., Canadian Nuclear Laboratories and Global First Power are joining the Colleges of Applied Arts and Technology’s DBplus pension plan. Unionized…
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…
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,…
Ford of Canada’s recent transfer of $923 million in pension liabilities to Desjardins Group, RBC Insurance and Sun Life Assurance Co. of Canada augurs well…
The Financial Services Regulatory Authority of Ontario is appointing Andrew Fung as executive vice-president of pensions, effective March 11, 2024. Fung first joined the Financial…
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…
Retirement benefits paid out by the Ontario Municipal Employees Retirement System accounted for 9.3 per cent of retirement income in Ontario in 2023, according to…
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…