Latest news in Defined benefit pensions

Copenhagen students win global prize for designing collective DC pension plan

Four undergraduates from the Copenhagen Business School have claimed the top prize at the 2021 McGill International Portfolio Challenge by designing a collective defined contribution…

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How employers can solve the inflation puzzle amid war for talent

As inflation hits a record high in Canada, employers are helping workers weather the storm through various benefits and compensation offerings, according to several experts.…

  • By: Blake Wolfe
  • December 2, 2021 December 1, 2021
  • 09:00

Air Canada, unions reach agreement to wind down pension trust

Air Canada and unions representing more than 20,000 employees are reaching an agreement that will wind down a shared pension trust to the benefit of…

  • By: Staff
  • November 30, 2021 November 30, 2021
  • 09:00

UPP appointing Omo Akintan as chief people officer

The University Pension Plan is appointing Omo Akintan as chief people officer, effective February 2022. Prior to joining the UPP, Akintan was the chief people…

  • By: Staff
  • November 29, 2021 November 29, 2021
  • 09:00

Debate about pension fund’s divesting due to ESG issues heats up in Oregon

Oregon’s state employee retirement fund is coming under increased scrutiny as the U.S. state is facing increased calls for divestment from companies that have environmental,…

Expert panel: Inflation risk — to hedge or not to hedge?

With October inflation hitting an 18-year high, inflation risk is back on the radar of plan sponsors providing inflation-linked defined benefit pensions. In the past,…

Top 5 HR, pension and benefits stories of the week

A story looking at dynamic pension pools as a decumulation option took the top spot over the past week on BenefitsCanada.com. Here are the five most popular…

  • By: Staff
  • November 19, 2021 November 19, 2021
  • 09:05

Head to head: Should Canadian governments eliminate pension solvency funding rules?

With defined benefit pension solvency reforms gradually coming in across the country, two experts debate whether there’s a better way to ensure DB plan sustainability…

Group of DB pension plans release educational video for financial literacy month

To celebrate Financial Literacy Month, a consortium of public sector defined benefit pension plan sponsors are releasing an informational video designed to educate their plan members…

  • By: Staff
  • November 18, 2021 November 18, 2021
  • 10:30
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Employers see retirement benefits as top attraction, retention tool: survey

A majority of Canadian employers believe providing workplace retirement savings plans can improve employee attraction and retention, according to a survey by Maru Group Ltd.…

ACPM urging Retraite Québec to address recovery measures timing in draft pension amendment

The Association of Canadian Pension Management is calling on Retraite Québec to review its draft amendment of a regulation governing supplemental pension plans. In a…

  • By: Staff
  • November 16, 2021 November 16, 2021
  • 15:00

Dynamic pension pools a viable decumulation option for Canadians: report

With 10 million Canadian baby boomers entering retirement, dynamic pension pools could help seniors turn their accumulated savings into low-cost lifetime pension income, according to…

  • By: Staff
  • November 16, 2021 November 15, 2021
  • 09:00

FSRA releases final guidance on impact of marriage breakdown on pension benefits

The Financial Services Regulatory Authority of Ontario is clarifying its guidance on the administration of pension benefits upon marriage breakdown. The final guidance, which came into…

  • By: Staff
  • November 12, 2021 November 12, 2021
  • 15:00

Top 5 HR, pension and benefits stories of the week

Stories delving into how employers and employees are dealing with returning to the workplace dominated the top stories over the past week on BenefitsCanada.com, with three of…

  • By: Staff
  • November 12, 2021 November 12, 2021
  • 09:00

Domestic equity returns bolstering Canadian DB pension plan solvency: report

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

  • By: Staff
  • November 9, 2021 November 9, 2021
  • 10:00

Coverage of the 2021 Global Investment Conference

Eighteen months after the onset of the coronavirus crisis, the 2021 Global Investment Conference looked at how the uncertain global future will impact pension portfolios.…

2021 GIC coverage: Pension investment and the use of leverage — a tax perspective

Some four decades ago, parliamentarians voted to restrict pension funds’ ability to borrow money without losing their tax-exempt status, though their reasoning has been lost…

2021 GIC coverage: The evolution of ESG investing

The recent emphasis on environmental, social and governance issues among pension investors will continue to dominate industry conversations in the future, according to a panel…

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Canadian public sector pension plans contribute $82BN to economy: report

The economic activity from the operations of Canada’s public sector pension plans, as well as retirees spending their income from those plans, supports 877,100 jobs…

  • By: Staff
  • November 5, 2021 November 5, 2021
  • 15:00
Canada’s DB pension plans post 5% return in Q4, close 2020 with 10% gain

Canadian pension plan returns see modest growth in Q3: report

Canadian pension plans saw returns averaging about 0.6 per cent in the third quarter of 2021, according to a new report by Northern Trust Canada.…

  • By: Staff
  • November 2, 2021 November 4, 2021
  • 11:00
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Award finalists discuss mental health, enhanced communications amid pandemic

More than 19 months into the coronavirus pandemic, employers are focusing on enhanced mental-health offerings and streamlined communications for their benefits and pension plans. During a…

  • By: Blake Wolfe
  • November 1, 2021 October 29, 2021
  • 09:00

Top 5 HR, pension and benefits stories of the week

A story looking at the award-winning strategy behind Canadian Forest Products Ltd.’s ongoing support for employees’ savings and retirement goals took the top spot over…

  • By: Staff
  • October 29, 2021 October 29, 2021
  • 09:00
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Institutional investors demand corporate action on climate change, just transition for Indigenous peoples

A number of Canadian institutional investors are urging corporations to begin addressing climate change risks and opportunities in order to receive their investment dollars. Some…

Expert panel: How could inflation impact DB pension plans?

After being off of Canadians’ radar screens for years, the re-emergence of inflation in recent months is receiving significant attention for many, including pension plan…

Canfor wins award for educating employees on retirement savings

Canadian Forest Products Ltd.’s ongoing support for employees’ savings and retirement goals resulted in a win in the Financial wellness category at Benefits Canada’s 2021…

  • By: Blake Wolfe
  • October 25, 2021 October 24, 2021
  • 09:00