Latest news in Capital accumulation plans

123rf_iidniel

CPPIB acquires maritime terminal operator, AIMCo invests in Indian clean energy fund

The Canada Pension Plan Investment Board is acquiring North America’s largest marine terminal operator. A minority investor in the Ports America Group since 2014, the…

  • By: Staff
  • September 30, 2021 September 29, 2021
  • 10:00

University of Victoria Students’ Society joining CAAT’s DBplus pension

The University of Victoria Students’ Society is the first Vancouver Island employer to join the Colleges of Applied Arts and Technology pension plan’s DBplus. By…

  • By: Staff
  • September 27, 2021 October 6, 2021
  • 15:00

Canada drops to No. 10 in retiree well-being global rankings: report

Canada drops to No. 10 among developed nations for retiree well-being after spending two years in a row at No. 8, according to Natixis Investment…

  • By: Staff
  • September 23, 2021 September 22, 2021
  • 09:00

Bâtirente appointing Éric Filion as CEO

Bâtirente is naming Éric Filion (pictured) as chief executive officer, effective Oct. 6. He’ll take over the position from Daniel Simard, who is retiring after 25…

  • By: Staff
  • September 17, 2021 September 20, 2021
  • 09:00

How can pension plan sponsors help women hit their retirement readiness stride?

Preparing financially for retirement is a marathon filled with many obstacles along the way to a constantly shifting finish line. Even in 2021, female employees…

How Poland’s new DC program was designed using behavioural science

Like many other countries around the world, Poland’s aging population is increasingly highlighting the topic of retirement savings. “Each year, the number of pensioners increase…

  • By: Blake Wolfe
  • September 17, 2021 September 16, 2021
  • 08:53

Q&A with the Saskatchewan Pension Plan’s Katherine Strutt

On the eve of her retirement after more than 30 years in the pension industry, the SPP’s former executive director talks women in pensions, decumulation…

Health benefits claims paid out to support mental health rose 24% in 2020: CLHIA

Canadian insurers paid out more than $97 billion in benefits from life and health insurance products in 2020, according to the Canadian Life and Health…

  • By: Staff
  • September 15, 2021 September 15, 2021
  • 09:00

DC pension members prioritizing remuneration, ESG resolutions: survey

Governance-related resolutions are receiving more overall votes from defined contribution pension plan members, but environmental issues are more engaging on a vote-per-measure basis, according to…

  • By: Staff
  • September 14, 2021 September 14, 2021
  • 12:00

CPPIB, Ontario Teachers’ among the world’s top 20 pension funds

The Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan are among the 20 largest pension funds in the world in terms of…

  • By: Staff
  • September 9, 2021 September 9, 2021
  • 12:20
Copyright_ Audtakorn Sutarmjam_123RF

Income inequality reducing retirement security in U.S.: report

Income inequality in the U.S. is contributing to the growth of financial insecurity in retirement, exacerbated by a shift from pensions to individual 401(k) savings…

  • By: Staff
  • September 8, 2021 September 7, 2021
  • 09:00

Which employers are finalists in the 2021 Workplace Benefits Awards?

Benefits Canada is pleased to announce the finalists of the 2021 Workplace Benefits Awards. This year’s entry and judging process took place during the second year of the coronavirus…

  • By: Staff
  • September 7, 2021 October 15, 2021
  • 09:00
24603574-123RF

ESG integration hampered by pension plan sponsors, uncertainty around fiduciary duties: research paper

Board and executive-level efforts to integrate environmental, social and governance issues into pension plans’ investment strategies are frequently thwarted by unclear guidance from plan sponsors…

  • By: Staff
  • September 2, 2021 September 2, 2021
  • 09:00

Positive DC plan investment outlook, returns may fuel early retirements: report

After the market rollercoaster ride of 2020, investors’ expectations have shifted considerably, and many are now looking for returns of 10.6 per cent above inflation…

  • By: Staff
  • August 17, 2021 August 17, 2021
  • 09:00
Copyright_nanastudio_123RF

Ontario Medical Association introducing new pension annuity offering

The Ontario Medical Association is helping its members save for retirement with a new guaranteed lifetime income annuity. Kayte Fredrickson, vice-president of insurance for the…

Editorial

Editorial: Pandemic just the latest challenge facing retirement readiness

Last year, Benefits Canada hosted its 2020 CAP Member Survey webinar just a few weeks after the World Health Organization declared the global coronavirus pandemic.…

2021 Consultants Report: Pandemic changing plan sponsor, consultant relationships

The past year and a half has been characterized by marked change. The move to remote work, industry layoffs and the desire for more robust…

  • By: Leah Golob
  • August 13, 2021 August 11, 2021
  • 08:56

2021 CAP Member Survey: How are CAP members faring during coronavirus?

For the past 15 years, Benefits Canada’s CAP Member Survey has taken the pulse of capital accumulation plan members’ retirement readiness, their knowledge, confidence and…

Market expansion a priority for DC pension consultants: survey

Market expansion in 2021 is a priority among Canada’s defined contribution pension consultants, according to a new survey by PIMCO Canada. The inaugural survey, conducted…

  • By: Staff
  • August 11, 2021 August 10, 2021
  • 09:00
Copyright_ spirer_123RF

CLHIA calling for increased access to VPLAs, prescription drugs

The Canadian Life and Health Insurance Association is calling on the federal government to permit standalone variable payment life annuities to pool participants from all…

  • By: Staff
  • August 9, 2021 August 9, 2021
  • 15:00

Vale mine workers ending strike after winning pension, benefits increases

The first strike at Vale Canada in more than a decade is drawing to a close after unionized workers at the Sudbury, Ont., mine ratified a collective…

Copyright_Vadym Malyshevskyi_123RF

George Hull Centre joining CAAT’s DBplus pension

The George Hull Centre for Children & Families is joining the Colleges of Applied Arts and Technology’s DBplus pension plan. The Toronto-based non-profit organization previously…

  • By: Staff
  • August 5, 2021 August 5, 2021
  • 15:00
Copyright_ warongdech_123RF

CAPSA developing multi-jurisdictional VPLA framework for DC pension plans

The Canadian Association of Pension Supervisory Authorities is developing a framework for defined contribution pension plans to offer variable payment life annuities. In developing the…

  • By: Staff
  • August 4, 2021 August 3, 2021
  • 09:00
Copyright_rawpixel_123RF

Canada’s pension plan sponsors prioritizing governance, but more work to be done: survey

While the majority of Canadian pension and retirement savings plan sponsors view governance as a top priority, 24 per cent said they haven’t conducted a…

Copyright_Mikhail Tsikhanovich_123RF

FSRA issuing guidance on pension plan administrator responsibilities

The Financial Services Regulatory Authority of Ontario is releasing final interpretation guidance to support the role and responsibilities of pension plan administrators. The guidance, an updated…

  • By: Staff
  • July 30, 2021 July 29, 2021
  • 09:00