The average solvency ratio of Canadian defined benefit pension plans in Mercer’s database increased five percentage points in the first quarter of 2022, according to…
Rio Tinto Group is making parental leave more accessible for employees by removing the distinction between primary and secondary caregivers. The policy change — which…
In the fall of 2021, 39-year-old Krista Lehman quit her job as a program assistant at a Vancouver post-secondary institution to take a mental-health break…
The Office of the Superintendent of Financial Institutions is launching an eight-week consultation on the management of investment risk by federally regulated pension plans. Along…
The announcement of a new multi-employer pension plan for Canadian physicians was the most read story over the past week on BenefitsCanada.com. Here are the five…
This month marks the two-year anniversary of the World Health Organization declaring the coronavirus a global pandemic. In some ways, we’ve come a long way…
After navigating the unpredictable markets of the past two decades, some defined benefit pension plan sponsors could be forgiven for wanting to seek out some…
Right from the very beginning, the coronavirus pandemic has taken Canadian real estate investors on a wild ride. After the freefalling panic of March 2020,…
The Colleges of Applied Arts and Technology pension plan increased its average 10-year net return to 11 per cent and outperformed its benchmark, according to…
In certifying a pension class action by Brewers Retail Inc., an Ontario Superior Court judge denounced the Financial Services Regulatory Authority of Ontario for defying…
A new multi-employer pension plan is being created for Canadian incorporated physicians. The Medicus Pension Plan, developed by MD Financial Management Inc. and Scotiabank, will…
The Ontario Teachers’ Pension Plan investments returned 11.1 per cent in 2021, with its result driven by the strong performance of its private equity portfolio.…
The British Columbia Municipal Pension Plan’s new Municipal Retiree Benefit Trust is joining the B.C. Investment Management Corp. The MRBT, which has $100 million in assets…
Almost two-thirds (62 per cent) of U.S. defined benefit plan sponsors are seeking to exit their plans, while 33 per cent are looking to achieve…
With today marking the second anniversary of the coronavirus pandemic, it isn’t surprising that a pair of articles on the pandemic’s lasting impact were among…
The average funded status for the largest U.S. defined benefit pension plans was 93.8 per cent in 2021, up from 86.2 per cent in 2020…
The OPSEU Pension Trust is reporting a net investment return of 15.3 per cent for 2021, a result driven by strong private equity performance. In…
Despite rising concerns about inflation and the war in Ukraine, the funded position of a typical Canadian defined benefit pension plan improved slightly on both…
Canada’s pension plans are weathering the coronavirus pandemic, with many plans currently in their best financial shape in several years. The early days of the…
The average 45-year-old Canadian employee earning $60,000 per year will need to accumulate $1.4 million in retirement savings by age 65 if they want to…
An article on British Columbia’s paramedics and their need for enhanced mental-health benefits was the most read story over the past week on BenefitsCanada.com. Here…
Target-benefit plans are being hampered by a disconnect between how they’re regulated and how they’re managed, according to a new report for the C.D. Howe Institute.…
ArcelorMittal Long Products Canada is renewing three collective agreements with its employees, including improvements to the defined benefit pension plan, disability benefits and life insurance.…
With Ontario’s defined benefit pension plans in their best financial shape since 2009, the Financial Services Regulatory Authority of Ontario is advising plan sponsors and…
The Canadian Association of Pension Supervisory Authorities is establishing a new committee with a mandate to develop a risk management guideline for pension plans. The…