Latest news in Defined benefit pensions

Manitoba amends pension rules to strengthen regulatory, solvency system

Manitoba is amending its pension regulatory system in order to strengthen the province’s pension regulatory and solvency framework. The changes, which took effect on Dec.…

Canadian DB pensions’ average funding positions improved slightly in December: report

The average Canadian defined benefit pension plan saw improvements on a solvency and accountancy basis in December, according to LifeWorks Inc.’s latest monthly report. It…

  • By: Staff
  • January 11, 2022 January 12, 2022
  • 11:00

DB pensions offer significant cost savings over DC plans: report

Defined benefit pension plans offer substantial cost advantages over 401(k)-style defined contribution plans, according to a new report by the National Institute on Retirement Security.…

  • By: Staff
  • January 11, 2022 January 10, 2022
  • 09:00

Trent University pension plan joins UPP

Trent University is joining the University Pension Plan. The university, based in Peterborough, Ont., is the UPP’s fourth member institution. It follows Queen’s University, which…

  • By: Staff
  • January 10, 2022 January 10, 2022
  • 15:00
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Trusteed pension funds’ assets valued at $2.14T in Q2: StatsCan

The market value of assets held by Canadian trusteed pension funds rose four per cent to $2.14 trillion at the end of the second quarter…

  • By: Staff
  • January 10, 2022 January 7, 2022
  • 09:00

Top 5 HR, pension and benefits stories of the week

How the City of Toronto is continuing to support employee mental health in these uncertain times took the top spot over the past week on BenefitsCanada.com.…

  • By: Staff
  • January 7, 2022 January 7, 2022
  • 09:00

Puerto Rico’s public sector pension plans transition from DB to DC

Members of Puerto Rico’s public sector pension plans are facing a benefits freeze and the transformation of their defined benefits plans to defined contribution plans. The…

  • By: Staff
  • January 6, 2022 January 6, 2022
  • 13:45

Fiscal sustainability of DB pensions more important than overall liabilities: report

The viability of a public defined benefit pension plan is best judged by its fiscal sustainability rather than its overall liabilities, according to a new…

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Majority of Canadian DB pension solvency ratios above 100 per cent: report

The average solvency ratio of Canadian defined benefit pension plans in Mercer’s database grew by seven per cent in 2021, according to a new report…

2021 a banner year for largest U.S. DB pension plans: report

The largest defined benefit pension plans in the U.S. saw average funded status improve by eight per cent in 2021, according to a new report…

  • By: Staff
  • January 4, 2022 January 4, 2022
  • 09:00

Expert panel: DB, DC pension predictions for 2022

As a new year dawns, our attention turns to what’s ahead, the following are a few of my predictions for trends in the world of…

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New Brunswick to allow windup of pension plans with missing members

New Brunswick’s new unclaimed property regime, which came into force on Jan. 1, 2022 and is the fourth such provincial regime in Canada, will finally…

Top 10 HR, benefits, pension and investment stories of 2021

The second year since the onset of the global coronavirus pandemic was a significant one for the human resources, benefits, pension and investment industries, particularly…

Top 10 pension stories of 2021

Among 2021’s most popular pension stories on BenefitsCanada.com, Benefits Canada and the Canadian Institutional Investment Network’s rankings of the top 100 defined benefit plans and top…

2021 IIC coverage: The impact of climate change on asset valuation

Asset managers that incorporate climate change into their investment processes are increasingly looking beyond commitments to net zero and exploring the impact on asset valuation,…

  • By: Blake Wolfe
  • December 21, 2021 December 17, 2021
  • 07:58

2021 IIC coverage: Maximizing the certainty of an outcome — it isn’t just death and taxes

With many defined benefit pension plan solvency ratios at all-time highs, plan sponsors have an excellent opportunity to rethink their approach to investing, according to…

2021 IIC coverage: How OPTrust is designing, implementing an effective ESG strategy

The OPSEU Pension Trust is shifting toward responsible investing as environmental, social and governance factors become increasingly more material to returns for institutional investors. “We’re…

  • By: Blake Wolfe
  • December 21, 2021 December 21, 2021
  • 07:54

2021 IIC coverage: CBC Pension Plan monitoring, refining LDI strategy

With interest rates trending downward over several decades, liability-driven investing has proven to be a successful strategy for the Canadian Broadcasting Corp. Pension Plan. The…

  • By: Blake Wolfe
  • December 21, 2021 December 17, 2021
  • 07:50
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Two new employers joining CAAT’s DBplus pension

The National Association of Federal Retirees and the United Way Centraide North East Ontario/Nord-est de l’Ontario are the latest employers to join the Colleges of Applied…

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

2021 CAP Suppliers Report: Helping employees plan for retirement while saving for a rainy day

As the coronavirus pandemic sent the global economy into a tailspin, many Canadians grew increasingly concerned about whether they’d amassed enough savings to weather the…

Canadian public pension plans lead in private equity investments: report

Canada’s largest public pension plans are more heavily invested in private equity than other global public pension plans, according to a new report by British…

  • By: Staff
  • December 14, 2021 December 16, 2021
  • 12:00

Canadian DB plan solvency, balance sheets dipped in November: report

The average Canadian defined benefit pension plan saw its funding position deteriorate slightly on both a solvency and accounting basis in November, according to a…

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ACPM renews calls for CAP auto-enrolment, escalation features in Ontario

The Association of Canadian Pension Management is once again calling on the Ontario government to modernize the Employment Standards Act and the Pension Benefits Act…

  • By: Staff
  • December 8, 2021 December 8, 2021
  • 09:00

Who are the finalists of the 2021 Pension Leadership Awards?

The Canadian Investment Review is pleased to announce the finalists for the second annual Pension Leadership Awards. This year, the awards welcomed more than 20…

  • By: Staff
  • December 7, 2021 March 15, 2022
  • 10:00
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Public Sector Accounting Board proposing new standards for DB pensions

Five years after Ontario’s auditor general uncovered an issue with the way the province was including pension assets in its financial statements, the office is…

  • By: Staff
  • December 3, 2021 December 13, 2021
  • 15:00