Two experts weigh in on the merits and drawbacks of taking the traditional annuities route versus opting for the newer do-it-yourself option. Marco Dickner, retirement…
While solvency funding relief helped Canada’s pension funds withstand the turbulence of 2020, a long-term vision with an eye to a more robust funding framework…
A defined benefit pension plan leader rarely gets to work with a “blank canvas,” but Chuck Bruce has taken that unique opportunity and drawn a…
At the end of March 2020, Newfoundland and Labrador had $4.89 billion in unfunded pension liabilities, including unfunded liability and promissory notes, according to a…
The Association of Canadian Pension Management is calling for increased clarity regarding Ontario’s rules for the valuation and division of pension payments following a marriage…
Employees at two Canadian pension plans are being recognized for their responsible investment achievements. The British High Commission and the Canada Climate Law Initiative named…
More than 470 employees at a Nestlé Canada plant in Toronto are on strike after Unifor Local 252 and the company failed to reach an…
The Canadian National Railway Co. is amending its pension policy after awarding benefits to a widower who was initially denied because of an outdated rule…
Canadian employers are making ongoing changes to their pension and benefits offerings as the coronavirus pandemic drags on, according to a new survey by the…
The University of Toronto Asset Management Corp. ended 2020 with pension and endowment returns of 11.7 per cent and 11.6 per cent, respectively. In a…
The Nova Scotia Teachers’ Pension Plan returned 6.78 per cent in 2020, increasing net assets to $5.519 billion, but falling short of the policy benchmark…
The majority (72 per cent) of Canadian pension funds said they’re currently focused on consolidation options that offer greater certainty they’ll be able to meet…
The Conference Board of Canada’s 150 group plan members are joining the College of Applied Arts and Technology’s defined benefit pension plan. Effective June 1,…
The Colleges of Applied Arts and Technology Pension Plan is reporting an 11.1 per cent return for 2020, exceeding its policy benchmark by 0.4 per…
The Canadian Federation of Pensioners is calling for amendments to federal insolvency laws to protect members of defined benefit pensions if the employer is insolvent.…
As the coronavirus pandemic ground the world to a halt in March 2020, stopping was not an option for Gale Rubenstein or her colleagues on…
General Motors of Canada Co. is transferring the longevity risk for $1.8 billion in pension plan liabilities through a group annuity buyout. Jennifer Wright, director…
The Alberta Teachers’ Retirement Fund Board is withdrawing its membership from the Principles of Responsible Investing Secretariat as it transfers responsibility for asset management to…
Canada’s defined benefit pension plans’ funded positions continue to improve in 2021, ending the first quarter at their highest levels in more than 20 years, according to…
The Ontario Teachers’ Pension Plan is getting into the legal technology business after agreeing to a strategic investment in software provider Miratech. Miratech’s legal and…
The Healthcare of Ontario Pension Plan ended 2020 with a funded status of 119 per cent and posted a return of 11.42 per cent over the…
The Ontario Teachers’ Pension Plan is reporting a total-fund net return of 8.6 per cent for 2020, a year which has generated mixed financial results…
Despite adjustments to operations and investments during the coronavirus pandemic, Canada’s major pension plan leaders are maintaining a long-term view by looking ahead to a…
The Financial Services Regulatory Authority of Ontario is issuing leading practices for the province’s defined benefit multi-employer pension plans, in the areas of governance, risk management and…
In its 2021 budget on Wednesday, the Ontario government said it’s requiring pension plan administrators to calculate and report their plan’s claim exposure to the…