Blair Morrison retiring from BCFSA
Blair Morrison, chief executive officer and chief statutory officer of the British Columbia Financial Services Authority, is retiring in early 2025 after more than five…
- By: Staff
- July 9, 2024 July 8, 2024
- 09:00
Latest news in Defined benefit pensions
Median solvency ratio of Canadian DB pension plans stays flat in Q2 2024: reports
The median solvency ratio of Canadian defined benefit pension plans remained flat in the second quarter of 2024, compared to the previous quarter, according to…
- By: Staff
- July 3, 2024 July 3, 2024
- 15:00
OPB marching in Toronto’s Pride Parade in support of LGBTQ2S+ employees, community
The Ontario Pension Board is displaying its support for its LGBTQ2S+ employees and, indeed, the wider community, as some of its workers proudly wave the…
- By: Bryan McGovern
- June 28, 2024 June 27, 2024
- 09:00
FSRA releases final guidance on roles, responsibilities of pension plan administrators
The Financial Services Regulatory Authority of Ontario has updated its guidance on the roles and responsibilities of pension plan administrators, adding three additional areas for administrators…
- By: Staff
- June 24, 2024 June 24, 2024
- 15:00
Top 5 HR, benefits, pension and investment stories of the week
A story discussing the factors leading employees to delay taking time off and instead engage in ‘quiet vacationing’ was the most-read story this week on…
- By: Staff
- June 21, 2024 June 20, 2024
- 09:00
2024 Top 100 Pension Funds report: Employees’ financial wellness moving up the agenda for pension plan sponsors
When Phillip Kotanidis took over as chief human resources officer at Toronto’s Michael Garron Hospital in 2018, the financial well-being of staff wasn’t exactly high…
- By: Michael McKiernan
- June 21, 2024 June 20, 2024
- 08:55
CSSB’s climate risk disclosure standards should align with ISSB’s, with only Canadian-specific modifications: PIAC
The Pension Investment Association of Canada supports closely aligning the Canadian Sustainability Standards Board disclosure standards with the International Sustainability Standards Board’s requirements but recommends it…
- By: Staff
- June 20, 2024 June 19, 2024
- 09:00
U.S. pension risk transfer sales premium increased 130% in Q1 2024: report
U.S. pension risk transfer sales reached US$14.6 billion in the first quarter of 2024, a 130 per cent increase from the same period in 2023,…
- By: Staff
- June 18, 2024 June 18, 2024
- 15:00
Ontario DB pension plans’ average solvency ratio increases to 122% in Q1 2024: FSRA
The average projected solvency ratio for Ontario defined benefit pension plans was 122 per cent as of March 31, 2024, up three per cent from…
- By: Staff
- June 17, 2024 June 13, 2024
- 15:00
Top 5 HR, benefits, pension and investment stories of the week
An article detailing a stark increase in the use of obesity medications among Canadian employer-sponsored benefits plan members was the most-read article on BenefitsCanada.com this…
- By: Staff
- June 14, 2024 June 13, 2024
- 09:00
UPP generates net return of 10.2% in 2023, net assets increase to $11.7BN
The University Pension Plan generated a net return of 10.2 per cent in 2023, up from a 9.1 per cent loss in 2022, according to…
- By: Staff
- June 12, 2024 June 12, 2024
- 15:00
Medicus Pension Plan reports 158% funded status at start of 2024
The Medicus Pension Plan, a defined benefit multi-employer pension plan designed exclusively for incorporated physicians in Canada, reported a funded status of 158 per cent…
- By: Bryan McGovern
- June 11, 2024 June 11, 2024
- 09:00
2024 Global Investment Conference: A look at evolving retirement trends
During a panel discussion at the Canadian Investment Review’s 2024 Global Investment Conference in April, three pension plan sponsors shared their perspective on plan design…
- By: Bryan McGovern
- June 10, 2024 August 23, 2024
- 07:49
Top 5 HR, benefits, pension and investment stories of the week
An article on the federal government’s national pharmacare bill receiving approval in the House of Commons was the most-read story on BenefitsCanada.com this week. Here…
- By: Staff
- June 7, 2024 June 6, 2024
- 09:00
FSRA outlines final guidance on retroactive adverse amendments
In its newest guidance, the Financial Services Regulatory Authority of Ontario is barring pension plan administrators from registering retroactive adverse amendments that could have a negative…
- By: Bryan McGovern
- June 5, 2024 June 4, 2024
- 09:00
Nestlé, Unifor agreement includes pension, benefits gains
The union representing more than 460 employees at Nestlé in Toronto has ratified a three-year collective agreement that includes pension and benefits gains, ending a…
- By: Staff
- June 4, 2024 June 3, 2024
- 09:00
Top 5 HR, benefits, pension and investment stories of the week
An article on legal challenges filed against the federal government’s hybrid work mandate for public service employees was the most-read story on BenefitsCanada.com this week.…
- By: Staff
- May 31, 2024 May 30, 2024
- 09:00
Expert panel: New research brings mortality improvement into spotlight for pension plan sponsors
One of the many consequences of the coronavirus pandemic was an unprecedented interest in the life expectancy of Canadians. While the increased focus on life…
- By: Gavin Benjamin
- May 28, 2024 May 27, 2024
- 09:00
Competitive pension risk transfer costs increase from 100.3% to 100.9% in April: report
The estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process increased from 100.3 per cent of a plan’s accounting…
- By: Staff
- May 28, 2024 May 28, 2024
- 09:00
Top 5 HR, benefits, pension and investment stories of the week
An article highlighting CGI Group’s initiatives for Mental Health Awareness Month was the most-read story on BenefitsCanada.com this week. Here are the top five human…
- By: Staff
- May 24, 2024 May 23, 2024
- 09:00
Average Canadian DB pension plan’s funded position on solvency, accounting basis up in April: report
The funded position of a typical Canadian defined benefit pension plan rose on both a solvency and accounting basis in April, according to Telus Health’s…
- By: Staff
- May 23, 2024 May 22, 2024
- 09:00
Association of Professors of the University of Ottawa, Ontario Confederation of University Faculty Associations joining UPP
The Association of Professors of the University of Ottawa and the Ontario Confederation of University Faculty Associations are joining the University Pension Plan, as of April…
- By: Staff
- May 16, 2024 May 16, 2024
- 09:00
Saskatchewan arbitrator sides with Canadian Blood Services in pension contributions case
A Saskatchewan arbitrator has ruled that Canadian Blood Services doesn’t owe an employee eight years of retroactive pension contributions because it took the proper steps…
- By: Julius Melnitzer
- May 16, 2024 May 15, 2024
- 09:00
Martin Brower, Unifor agreement includes pension, benefits gains
Warehouse workers and transportation drivers employed by Martin Brower in Ontario have ratified a three-year collective agreement that includes pension and benefits gains. The workers,…
- By: Staff
- May 10, 2024 May 10, 2024
- 15:00
How PepsiCo Canada’s savings program is helping employees achieve financial security at any stage in life
PepsiCo Canada is baking flexibility into its retirement savings benefits to support employees’ financial security amid the rising cost of living. To help employees reach…
- By: Lauren Bailey
- May 10, 2024 August 19, 2024
- 08:58