Scotiabank’s focus on making essential pension information more accessible to plan members was recognized at Benefits Canada’s 2021 Workplace Benefits Awards on Oct. 14. The bank won…
The decision to favour contributors to Italy’s defined benefit pension plan during its transition to a defined contribution model favours early retirees and disadvantages younger…
The selection of a target-date fund glide path is more crucial than ever as the migration from DB to DC pension plans continues. Since its…
Collective defined contribution pension plans could begin to replace DC plans, just as DC plans have replaced the majority of defined benefit plans in recent…
Nearly half (44 per cent) of employers that offer retirement benefits said employee productivity has been better than normal over the past year, compared to…
The Ontario Teachers’ Pension Plan is appointing Kathryn Fric (pictured) as its next chief risk officer, effective Nov. 1. Fric will report to Jo Taylor,…
The typical Canadian defined benefit pension plan deteriorated on a solvency basis but improved on an accountancy basis in September, according to a new report…
Increasing yield for long-term government bonds and a flat credit spread through the third quarter of 2021 are driving up defined benefit pension liabilities, according…
Canada’s first National Day for Truth and Reconciliation was front of mind this week, with Benefits Canada‘s look at how employers can mark the inaugural…
The 17 pension-qualified members of parliament who stood down or were ousted during last week’s federal election will receive $1.4 million per year in payments,…
Although Manitoba’s Pension Amendments Act takes effect on Oct. 1, pension plan sponsors are disappointed that the provisions allowing them to use reserve accounts to…
A new white paper published by the Canadian Institute of Actuaries is proposing new rules during defined benefit plan windups, requiring higher solvency ratios for members…
The University of Victoria Students’ Society is the first Vancouver Island employer to join the Colleges of Applied Arts and Technology pension plan’s DBplus. By…
The federal election is top of mind for many these days, so it’s no surprise Benefits Canada‘s most-read story over the past seven days was…
While a re-elected Liberal government may introduce some measures to protect private pension plan members, it’s unlikely to pursue super-priority similar to what was proposed…
Canada drops to No. 10 among developed nations for retiree well-being after spending two years in a row at No. 8, according to Natixis Investment…
The Association of Canadian Pension Management is calling on the Office of the Superintendent of Financial Institutions to address funding asymmetry in its approach to…
As Canadians head to the polls today, Benefits Canada takes a look at how the federal parties’ campaign promises could impact the human resources, benefits…
When the coronavirus pandemic shook up the investment landscape last spring, Canadian pension funds were also jostled by the shock wave, with the Alberta Investment…
Preparing financially for retirement is a marathon filled with many obstacles along the way to a constantly shifting finish line. Even in 2021, female employees…
When the University Pension Plan officially launched in July 2021, it did so with Barbara Zvan as its inaugural president and chief executive officer. Fresh…
The Public Sector Pension Investment Board is becoming a signatory on a diversity, equity and inclusion pledge. The pension fund joined 179 investment organizations in…
The University Pension Plan is appointing Aaron Bennett (pictured left) as its first chief investment officer. In his new role, Bennett will be responsible for establishing an…
The market value of assets held by Canadian trusteed pension funds totalled $2.1 trillion at the end of the first quarter, according to new data…
The Healthcare of Ontario Pension Plan is appointing Michael Wissell as its chief investment officer. Prior to the new role, Wissell was the plan’s senior…