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More clarity needed in pension rules following marriage breakdown: ACPM

The Association of Canadian Pension Management is calling for increased clarity regarding Ontario’s rules for the valuation and division of pension payments following a marriage…

Looking under the hood of jumbo transactions

The recent announcement that General Motors of Canada Co. purchased $1.8 billion of annuities for its salaried pension plan is creating a lot of excitement.…

Caisse, UPP employees receiving recognition for net-zero contributions

Employees at two Canadian pension plans are being recognized for their responsible investment achievements. The British High Commission and the Canada Climate Law Initiative named…

  • By: Staff
  • May 7, 2021 May 7, 2021
  • 15:00

Pensions, permanency of contract workers at heart of Nestlé strike

More than 470 employees at a Nestlé Canada plant in Toronto are on strike after Unifor Local 252 and the company failed to reach an…

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CN Rail amending pension policy for same-sex couples

The Canadian National Railway Co. is amending its pension policy after awarding benefits to a widower who was initially denied because of an outdated rule…

  • By: Staff
  • May 7, 2021 May 6, 2021
  • 09:00
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Federal budget promising relief for DC pension plan under, over contributions

Tucked away in the federal budget are proposals that will lighten the load for defined contribution pension plan administrators confronted with historical under and over…

Employers making pension, benefits changes as pandemic continues: survey

Canadian employers are making ongoing changes to their pension and benefits offerings as the coronavirus pandemic drags on, according to a new survey by the…

  • By: Staff
  • May 5, 2021 May 5, 2021
  • 09:00
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UTAM posts 11.7% pension return for 2020

The University of Toronto Asset Management Corp. ended 2020 with pension and endowment returns of 11.7 per cent and 11.6 per cent, respectively. In a…

  • By: Staff
  • May 5, 2021 May 4, 2021
  • 09:00
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Nova Scotia Teachers’ underperforms benchmark in 2020, facing independent review

The Nova Scotia Teachers’ Pension Plan returned 6.78 per cent in 2020, increasing net assets to $5.519 billion, but falling short of the policy benchmark…

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72% of Canadian pension funds considering consolidation options: survey

The majority (72 per cent) of Canadian pension funds said they’re currently focused on consolidation options that offer greater certainty they’ll be able to meet…

  • By: Staff
  • May 3, 2021 May 6, 2021
  • 09:00

Conference Board of Canada joining CAAT’s DBplus pension

The Conference Board of Canada’s 150 group plan members are joining the College of Applied Arts and Technology’s defined benefit pension plan. Effective June 1,…

  • By: Staff
  • April 29, 2021 April 29, 2021
  • 15:00

Investing in low-carbon economy will pay off for pension plans

We are now in Month 14 of the coronavirus pandemic. For institutional investors like pension plans, this pandemic and its consequences highlight the reality of…

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CAAT posts 11.1% return for 2020

The Colleges of Applied Arts and Technology Pension Plan is reporting an 11.1 per cent return for 2020, exceeding its policy benchmark by 0.4 per…

  • By: Staff
  • April 26, 2021 April 26, 2021
  • 15:00

Head to head: Should Canadian policy-makers facilitate a workplace emergency savings benefit?

With many employees struggling with finances since the coronavirus pandemic started last March, two experts weigh in on the viability of offering a workplace emergency…

Pension plan committees applying virtual meeting lessons to second year of pandemic

Pension plan committees pivoted to virtual meetings in March 2020 and learned many lessons to apply to year two of the pandemic and beyond As…

Six employees discuss their personal roads to retirement

While 65 has long been considered the traditional retirement age, younger employees face the possibility of working longer. Plan sponsors can learn much from the…

Federal budget fails to support pension reform, says retiree group, politicians

The Canadian Federation of Pensioners is calling for amendments to federal insolvency laws to protect members of defined benefit pensions if the employer is insolvent.…

FSRA advising DB MEPPs on governance, risk-management practices

The Financial Services Regulatory Authority of Ontario is issuing leading practices for the province’s defined benefit multi-employer pension plans, in the areas of governance, risk management and…

  • By: Staff
  • March 26, 2021 March 30, 2021
  • 09:00

Ontario’s budget highlights pension benefits, ongoing support for employers and employees

In its 2021 budget on Wednesday, the Ontario government said it’s requiring pension plan administrators to calculate and report their plan’s claim exposure to the…

  • By: Staff
  • March 25, 2021 March 25, 2021
  • 09:00

Women retiring two years later, with 30% less wealth, than men: report

Although women must work two years longer than men to be retirement ready, they still retire with 30 per cent less wealth than their male…

  • By: Staff
  • March 10, 2021 April 25, 2021
  • 17:37

Canadians’ financial well-being on the decline: survey

The financial well-being of Canadians has declined over the last year, according to a new survey by Morneau Shepell Ltd. It rated Canadians’ overall financial…

  • By: Staff
  • February 11, 2021 March 24, 2021
  • 09:00

PIAC comments on FSRA’s plan for missing plan members

The Pension Investment Association of Canada is expressing its support for the Financial Services Regulatory Authority of Ontario’s draft guidelines for pension plan sponsors dealing…

  • By: Staff
  • September 23, 2020 November 26, 2020
  • 09:30

Editorial: Learning by doing during a once-in-a-century crisis

The best way to learn is by doing. And since March 11, 2020, when a pandemic was declared by the World Health Organization, we’ve all…

Via Rail, Unifor deal increases employer contributions for hybrid pension members

The union representing Via Rail Canada Inc. employees has ratified a new agreement that will increase employer contributions for members of the company’s hybrid pension…

  • By: Staff
  • April 12, 2021 April 26, 2021
  • 09:00

Ontario Teachers’ investing in legal tech company, supporting franchise operator’s expansion

The Ontario Teachers’ Pension Plan is getting into the legal technology business after agreeing to a strategic investment in software provider Miratech. Miratech’s legal and…