An article on how British Columbia’s amended definition of provision for adverse deviation will impact the province’s target-benefit pension plans was the most-read story on…
A new retirement plan design could allow more public employees in the U.S. to accrue retirement benefits regardless of their length of service, according to…
British Columbia’s amended definition of provision for adverse deviation will provide additional flexibility to the province’s target-benefit pension plans, according to experts. The changes to…
The Canadian Institute of Actuaries is urging the federal government to reconsider its cessation of real return bond issuances, citing the potential financial impacts to…
During history’s turning points, fortune favours the innovators. As the world moves beyond the coronavirus pandemic and the global workforce entrenches the improved labour conditions…
The most important asset in the world is people’s personal information because every piece of data that we provide to the internet through social media…
Few people have as clear a perspective on the differences between public sector defined benefit pension plans in Canada and the U.S. as Paul Matson.…
In 2021, the Saskatchewan Healthcare Employees’ Pension Plan set out to gauge just how well-versed its 60,000 members were about their defined benefit pension plan.…
An article on the potential impacts of Alberta withdrawing from the Canada Pension Plan was the most-read story on BenefitsCanada.com over the last week. Here…
The French government’s plans to reform the national pension system have been met by widespread protest. Elisabeth Borne, France’s prime minister, unveiled plans to raise…
The Association of Canadian Pension Management’s top priority in 2023 is convincing Canada’s senate to amend or block the passage of Bill C-228, according to…
The uncertainty about the direction interest rates will move in 2023 means defined benefit pension plan sponsors should be reconsidering their asset allocation strategies, says…
The aggregate funded ratio for Canadian defined benefit pension plans increased from 96.9 per cent to 100.8 per cent during 2022, according to Aon’s latest…
Similar to 2022, the coming year will present both challenges and opportunities for defined benefit pension plan sponsors, with the rewards going to plan sponsors…
For some Canadians, the term pension may still conjure images of a secure stash of money guaranteed to ensure a comfortable lifestyle in retirement. I…
The average solvency ratio of Canadian defined benefit pension plans grew by 10 per cent in 2022, according to a new report by Mercer Canada.…
Amid the lingering coronavirus pandemic, vaccination policies and paid sick leave were top of mind among Benefits Canada’s readers in 2022. However, stories about new…
The Financial Services Tribunal of Ontario has awarded an employer with a $320,000 pension surplus, despite the plan’s trust agreements’ silence as to surplus entitlement.…
The Canadian Coalition for Good Governance is joining the Colleges of Applied Arts and Technology pension plan’s DBplus arrangement. “Our participation in a [defined benefit]…
Arthur J. Gallagher & Co. is acquiring BCHR Holdings — also known as Buck — for US$660 million. Through the agreement, Gallagher will expand its…
The Ontario Teachers’ Pension Plan is appointing Charley Butler as its chief pension officer, effective Jan. 1, 2023. In the role, Butler will oversee the…
In the Expert Commission on Pensions’ 2008 review of Ontario’s pension system, it recommended an agency or unit of the provincial government serve as a…
BMO Financial Group expects North American economies will go through a shallow recession in 2023, according to Douglas Porter, the bank’s chief economist and managing…
An article on how Canada compares to other countries in terms of its vacation day offering was the most-read story on BenefitsCanada.com over the last…
A bill currently under consideration by Canada’s senate could hasten the closure of open defined benefit plans, according to Gavin Benjamin, a partner in LifeWorks…