Latest news in Defined benefit pensions

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

Scotiabank awarded for making pension statements more accessible

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…

  • By: Blake Wolfe
  • October 22, 2021 October 22, 2021
  • 09:00
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Italy’s public pension system favours early retirees: report

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…

  • By: Staff
  • October 21, 2021 October 21, 2021
  • 11:00

Focusing on TDF glide paths as migration from DB to DC plans continue

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 DC pension plan designs offer benefits to sponsors, members: report

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…

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

Employers offering retirement benefits seeing stronger staff productivity: survey

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…

  • By: Staff
  • October 7, 2021 October 7, 2021
  • 09:00

Ontario Teachers’ appointing Kathryn Fric as chief risk officer

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,…

  • By: Staff
  • October 7, 2021 October 7, 2021
  • 09:00

Canadian DB pension plan returns dip, balance sheets stable in September: report

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…

What do historically low interest rates mean for DB pension de-risking?

Volatile quarter increasing DB pension liabilities: 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…

  • By: Staff
  • October 5, 2021 October 5, 2021
  • 12:30

Top 5 HR, benefits and pension stories of the week

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…

  • By: Staff
  • October 1, 2021 September 30, 2021
  • 09:00
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Pensions for ousted and retired MPs could cost taxpayers $42M

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,…

  • By: Staff
  • September 29, 2021 September 28, 2021
  • 15:00