Pension membership on the rise in Canada: StatsCan
More than 125,000 Canadians became active members in a registered pension plan in 2019, according to a new report by Statistics Canada. It found the number…
- By: Staff
- July 7, 2021 July 7, 2021
- 15:00
Latest news in Defined benefit pensions
Colleges and Institutes Canada joining CAAT’s DBplus pension
Colleges and Institutes Canada is the latest employer to join the Colleges of Applied Arts and Technology’s DBplus pension plan. The organization, which is the…
- By: Staff
- July 6, 2021 July 5, 2021
- 09:00
Canadian DB pensions see improved funded position, investment returns: reports
The aggregate funded ratio for Canadian defined benefit pension plans in the S&P/TSX composite index increased from 94.8 per cent in the first quarter of…
- By: Staff
- July 5, 2021 July 2, 2021
- 09:00
University Pension Plan launches multi-employer DB pension plan
The University Pension Plan is launching its jointly sponsored pension plan, providing management services to the Queen’s University, the University of Guelph and the University…
- By: Staff
- July 2, 2021 July 2, 2021
- 09:00
Nova Scotia’s PSSP sees 15.75% return: annual report
Nova Scotia’s Public Service Superannuation Plan saw a 15.75 per cent return net of investment fees for the fiscal year 2020/21, generating $1 billion in…
- By: Staff
- June 30, 2021 June 30, 2021
- 15:00
2021 Top 100 Pension Funds Report: DB plans shining bright amid pandemic clouds
If there was a Hall of Fame for catastrophic years, 2020 would be a certainty for admission, with Canada among many nations around the globe…
- By: Michael McKiernan
- June 30, 2021 July 7, 2021
- 08:57
Meet the judges of the 2021 Workplace Benefits Awards
With the 2021 Workplace Benefits Awards’ nomination process drawing to a close in a couple of weeks, Benefits Canada is pleased to announce this year’s…
- By: Staff
- June 25, 2021 June 24, 2021
- 09:00
Three employers joining CAAT’s DBplus pension
The New Digital Research Infrastructure Organization, the Ontario Dental Association and its subsidiary Accerta are joining the Colleges of Applied Arts and Technology’s DBplus pension plan.…
- By: Lauren Bailey
- June 24, 2021 July 5, 2021
- 09:00
Transfer of assets to N.B.’s unclaimed property program could reduce burden on pension plans
The Association for Canadian Pension Management is urging New Brunswick’s Financial and Consumer Services Commission to ensure unclaimed entitlements from ongoing pension plans are eligible…
- By: Staff
- June 23, 2021 June 23, 2021
- 15:00
PIAC warns of ‘unintended consequences’ of pension super-priority bill
There could be “unintended consequences” if a bill conferring preferred creditor status to defined benefit pension plan members during bankruptcies passes through Canada’s House of Commons,…
- By: Staff
- June 23, 2021 June 24, 2021
- 13:00
BCI, CPPIB and OTPP investments tied to human rights abuses in China, finds watchdog
A report from the U.K.-based watchdog group Hong Kong Watch is criticizing three major Canadian pension funds for investing in Chinese businesses involved in human rights…
- By: Gideon Scanlon
- June 21, 2021 June 21, 2021
- 10:30
Deadline extended for 2021 Workplace Benefits Awards
Benefits Canada is extending the deadline for entering the 2021 Workplace Benefits Awards to Wednesday, July 7. The annual awards, which will be held virtually on Oct. 14,…
- By: Staff
- June 21, 2021 June 21, 2021
- 08:45
Majority of Canadian workers willing to take less pay for a workplace pension plan: survey
A majority (70 per cent) of Canadians say they’re willing to forgo a higher salary in exchange for a workplace pension plan, according to a…
- By: Lauren Bailey
- June 18, 2021 June 19, 2021
- 15:00
Pride Month: CN Rail dispute ‘catalyst’ for same-sex pension plan policy reviews
While a recent dispute between the Canadian National Railway Co. and the surviving same-sex partner of a deceased plan member will likely inspire other plan…
- By: Blake Wolfe
- June 18, 2021 June 25, 2021
- 09:00
Canada’s largest pension funds come together at inaugural climate change event
Representatives from eight of Canada’s largest pension funds — known as the Maple Eight — participated in the first meeting of the Sustainable Finance Action…
- By: Staff
- June 16, 2021 June 17, 2021
- 09:00
Financial market regulators highlighting focus on DC investment fees
Investment fees led the agenda at the Joint Forum of Financial Market Regulators’ annual meeting last week. This year, the forum engaged externally on investment fees,…
- By: Staff
- June 15, 2021 June 14, 2021
- 15:00
U.S. public sector pension retains top executives despite trustee revolt
Two executives at the Pennsylvania-based Public School Employees Retirement System have survived an effort by trustees to oust them from their positions due to investment…
- By: Staff
- June 15, 2021 June 15, 2021
- 11:00
Decline in bond yields signals market observers to be on ‘inflation watch’: report
The funded position for an average Canadian defined benefit pension plan improved slightly during May, with a solvency of 108.2 per cent, according to a…
- By: Staff
- June 10, 2021 June 10, 2021
- 12:30
Sears Canada retirees’ group says bankruptcy laws unjust for pensioners
Canada’s bankruptcy laws should be changed to avoid future financial hardship for members of other underfunded pension plans, said a court-appointed representative for Sears Canada…
- By: The Canadian Press
- June 10, 2021 June 10, 2021
- 09:30
British Airways appointing outsourced chief investment officer
British Airways is appointing Blackrock Inc. as outsourced chief investment officer for its two defined benefit pension plans. While many U.K.-based pensions have adopted an…
- By: Staff
- June 8, 2021 June 8, 2021
- 12:30
Could pandemic-related mortality rates impact DB pension plans?
Over the past several months, much attention has been paid to the coronavirus pandemic’s impact on financial markets and, subsequently, defined benefit pension plans’ financial conditions…
- By: Gavin Benjamin
- June 8, 2021 June 23, 2021
- 09:00
Bankruptcy and insolvency bill will negatively affect struggling DB pensions, says ACPM president
The Association of Canadian Pension Management is urging parliamentarians to vote down the final version of a new bankruptcy and insolvency bill. If passed, Bill…
- By: Staff
- June 8, 2021 June 11, 2021
- 09:00
FSRA three-year plan includes pension flexibility, transparency and innovation
The Financial Services Regulatory Authority of Ontario has unveiled its priorities for the next three years, including plans to reshape its supervisory role for the…
- By: Staff
- May 31, 2021 May 31, 2021
- 09:15
Feds extending pension plan relief by one year to help employers, employees through pandemic
The federal government is extending its relief to registered pension plans and deferred salary leave plans by one year to help employers manage and maintain…
- By: Staff
- May 21, 2021 May 25, 2021
- 15:30
UAPP withdrawing $2.7BN public equities portfolio from AIMCo
The Universities Academic Pension Plan is withdrawing control of its $2.7-billlion public equities portfolio from the Alberta Investment Management Corp. The withdrawal comes following ongoing…
- By: Blake Wolfe
- May 18, 2021 May 18, 2021
- 09:00