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Some DC plan members panicked

Some DC plan members panicked

DC plan members in the United States did some panic selling in the past two weeks, trading out of stocks and into bonds, research shows.

  • By: Staff
  • September 1, 2015 September 13, 2019
  • 11:44

Automatic savings improves retirement confidence

Pre-retirees in the United States report a high level of confidence when their savings are on auto-pilot, a survey finds.

  • By: Staff
  • August 31, 2015 September 13, 2019
  • 11:51
Supplemental CPP unnecessary: IIAC

Supplemental CPP unnecessary: IIAC

The Investment Industry Association of Canada (IIAC) questions whether a CPP supplement is needed, given the saving options already available to investors.

  • By: Staff
  • August 31, 2015 September 13, 2019
  • 11:12
Implications of the voluntary CPP for employers

Implications of the voluntary CPP for employers

When Minister of Finance Joe Oliver announced in May that the federal government would consider allowing voluntary contributions to CPP, the financial community was caught…

NDP promises to boost GIS, lower OAS eligibility age

NDP promises to boost GIS, lower OAS eligibility age

NDP leader Tom Mulcair took his campaign to downtown Toronto today to announce that he would boost an old-age benefit.

Liberals promise lifelong pensions for injured veterans

Liberals promise lifelong pensions for injured veterans

Injured veterans would get lifelong pension, should Justin Trudeau be elected prime minister this fall.

The other mandatory provincial retirement savings plan

The other mandatory provincial retirement savings plan

Over the next several years, workers without access to a workplace pension plan will be required to participate in a new savings vehicle but it's…

  • By: Staff
  • August 17, 2015 September 13, 2019
  • 11:20
Why pension plans need resilient portfolios

Why pension plans need resilient portfolios

Greece is so battered even vulture funds are abandoning it. Canadian DB pension plans likely lack direct exposure to it, since they want to preserve…

Mitzie Hunter touts ORPP

Mitzie Hunter touts ORPP

Ontario’s Associate Minister of Finance Mitzie Hunter defended the Ontario Retirement Pension Plan during a recent visit to Ottawa. In an interview with the Ottawa…

  • By: Staff
  • August 14, 2015 September 13, 2019
  • 11:39
CPP contributions offset small investment loss in busy quarter

CPP contributions offset small investment loss in busy quarter

The Canada Pension Plan Investment Board (CPPIB) had a small investment loss after costs in the first quarter of the 2016 financial year but the…

10 reasons why the ORPP is absurd

10 reasons why the ORPP is absurd

Earlier this week, the Ontario government announced plans to introduce the Ontario Retirement Pension Plan (ORPP) using a phased-in approach. But tax expert Jack Mintz…

  • By: Staff
  • August 13, 2015 September 13, 2019
  • 12:55
PSPP, CAAT plan members exempt from ORPP

PSPP, CAAT plan members exempt from ORPP

The Ontario Pension Board, administrator of the Public Service Pension Plan (PSPP), and the CAAT Pension Plan say their members will be exempt from the…

  • By: Staff
  • August 13, 2015 September 13, 2019
  • 11:11
ORPP: Good in theory, bad in practice

ORPP: Good in theory, bad in practice

Over the years, a growing chorus of voices has been pleading with the provinces to lighten up on the overburden of pension regulation and give…

  • By: Joe Nunes
  • August 13, 2015 September 13, 2019
  • 07:00

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

Employees of Canadian energy companies joining CAAT’s DBplus pension plan

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…

  • By: Staff
  • March 21, 2024 March 21, 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

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

Group annuity market growing as DB pension plans move to de-risk

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…

FSRA names Andrew Fung EVP of pensions

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…

  • By: Staff
  • March 20, 2024 March 20, 2024
  • 15:00

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…

OMERS pension benefits accounted for 9.3% of Ontario retirement income in 2023: report

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…

  • By: Blake Wolfe
  • February 15, 2024 February 14, 2024
  • 09:00

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…

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…