The Canadian Association of Pension Supervisory Authorities is seeking feedback on three risk management guidelines. The guidelines will cover pension plans’ use of leverage, cyber…
The average Canadian defined benefit pension plan saw improvements in its solvency position in May, according to LifeWorks Inc.’s latest monthly report. An investment portfolio…
The Healthcare of Ontario Pension Plan is increasing its lifetime pension for all active plan members effective Jan. 1, 2023. As an example, under the…
An article on how pension plans are approaching risk management was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular…
The Alberta government is gathering feedback from stakeholders to help inform potential legislative and policy updates for private sector pension laws. The consultation will focus…
The importance of risk management isn’t new for the majority of defined benefit pension plan sponsors and administrators. The impact of long-term interest rates, market…
Scotiabank’s win at Benefits Canada’s 2021 Workplace Benefits Awards led to increased employee engagement and peer recognition, says Rosemary Hatnay, director and head of total rewards solutions…
The Canadian pension risk transfer market registered about $6.6 billion in annuity sales in the second half of 2021, far exceeding the activity of any…
Retirees with defined benefit pension plans are less likely to draw down their savings to cover their spending than those with a defined contribution plan,…
An article on how employers can create health benefits and retirement plans for gig workers was the most-read story on BenefitsCanada.com over the last week.…
The Association of Canadian Pension Management is calling on the Office of the Superintendent of Financial Institutions to provide more detail on how pension plans…
The union representing employees at a Hitachi Construction Truck Manufacturing Ltd. plant in Guelph, Ont. has ratified an agreement that includes pension and benefits gains.…
The Pension Investment Association of Canada is urging the Office of the Superintendent of Financial Institutions to ensure its guidance on pension investment risk management is…
Contract food services and custodial workers at Canada’s colleges and universities have less access to pensions and paid leave than their in-house colleagues, according to…
An article on the potential future of pension plans in the private sector was the most-read story on BenefitsCanada.com over the last week. Here are…
As the move away from traditional defined benefit plans continues and intensifies, Canada’s multi-employer pension plans are providing employers with another retirement savings option for…
Pension coverage in the public sector is high, with the vast majority of public sector employees covered by a defined benefit pension plan. However, the…
The Ontario Pension Board, the administrator of province’s public service pension plan, generated a return of 9.4 per cent in 2021. In its yet-to-be released…
The Canadian Investment Review is proud to announce the winners of the second annual Pension Leadership Awards. The winners are: Chief Investment Officer of the Year James…
By underestimating life expectancy, employees risk running out of money in retirement, according to a new survey by analytics firm Club Vita. The survey, which…
Despite a recommendation made by the four Atlantic provinces in 2016, a review of the Atlantic Lottery Corp.’s underfunded defined benefit pension plan has yet…
The Nova Scotia Teachers’ Pension Plan exceeded its return benchmark in 2021, though its solvency ratio on a growing-concern basis remains underwater, according to its…
Almost a third (29 per cent) of Canadians believe their employer-sponsored pension plan will be their primary source of retirement income, while 15 per cent…
The union representing roughly 900 workers at Metro Inc. warehouses in Etobicoke, Ont. has ratified a new 4.5-year collective agreement that includes pension and benefits…
The overwhelming majority (92 per cent) of British institutional investors and wealth managers are planning to increase their allocations to renewable energy in order to…