Latest news in Defined benefit pensions

Ontario Teachers’ invests in supply chain tech, announces CFO to retire

The Ontario Teachers’ Pension Plan is leading a US$50-million series C funding round for Calgary-based 3D robotics supply chain company Attabotics Inc. The pension fund is making…

  • December 10, 2020 January 20, 2021
  • 18:51

OMERS Sponsors Corp. changing board structure

The Ontario Municipal Employees Retirement System’s Sponsor Corp. board is changing from a co-chair to a chair and vice-chair system. After discussions on changes to…

  • December 10, 2020 January 22, 2021
  • 18:50
Corby, Hiram Walker entering $176M group annuity buy-in

Corby, Hiram Walker entering $176M group annuity buy-in

Corby Spirit and Wine Ltd. and Hiram Walker & Sons Ltd. are de-risking with a $176-million group annuity buy-in amidst volatile markets caused by the…

  • By: Staff
  • December 7, 2020 April 28, 2021
  • 15:00

FSRA allowing DB pension sponsors to defer contributions until 2021

The Financial Services Regulatory Authority of Ontario is providing employers with the option to defer contributions to certain defined benefit pension plans to help with…

  • By: Staff
  • September 23, 2020 December 6, 2020
  • 07:53

Ontario allowing DB pension sponsors to defer contributions until 2021

The government of Ontario is providing employers with the option to defer contributions to certain defined benefit pension plans to help with their organization’s cash flow during…

  • By: Staff
  • September 22, 2020 November 30, 2020
  • 08:45

CIA, FTSE Russell partner on commuted-value calculation

The Canadian Institute of Actuaries has selected FTSE Russell to represent the provincial and investment-grade corporate bond spread to be used for the CIA’s new…

  • By: Staff
  • September 18, 2020 November 30, 2020
  • 15:15

FSRA estimating jump in DB pension solvency off rebound in markets

The median projected solvency for Ontario’s defined benefit pension plans increased to 90 per cent at the end of 2020’s second quarter, up from 85…

  • By: Staff
  • September 15, 2020 November 17, 2020
  • 15:30

OTIP employees joining CAAT’s DBplus pension

The Ontario Teachers Insurance Plan and its group of companies are the latest employers to join the Colleges of Applied Arts and Technology’s DBplus pension…

  • By: Staff
  • September 15, 2020 November 30, 2020
  • 15:15

FSRA seeking input on draft guidance for DB pension asset transfers

The Financial Services Regulatory Authority is seeking stakeholder input on draft guidance on providing consent for asset transfer transactions under the Pension Benefits Act. Aiming…

  • By: Staff
  • September 15, 2020 December 6, 2020
  • 09:40

FSRA seeking input on draft guidance for DB pension transfers

The Financial Services Regulatory Authority is seeking stakeholder input on draft guidance on providing consent for asset transfer transactions under the Pension Benefits Act. Aiming to…

  • By: Staff
  • September 15, 2020 November 30, 2020
  • 09:00
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OTIP employees joining CAAT’s DBplus

The Ontario Teachers Insurance Plan and its group of companies is the latest employer to join the Colleges of Applied Arts and Technology’s DBplus pension…

  • By: Staff
  • September 15, 2020 December 6, 2020
  • 06:54

Top 300 pension funds’ AUM grows 8% in 2019: research

The world’s 300 largest pension funds saw their assets under management increase in value by eight per cent in 2019, to a total value of…

  • By: Staff
  • September 14, 2020 November 17, 2020
  • 08:45

Offering DB benefits for DC members at Halifax Port ILA/HEA pension plan

The Halifax Port ILA/HEA has found a way to provide its defined contribution pension plan members with a defined benefit upon retirement — and it’s…

  • By: Yaelle Gang
  • September 4, 2020 December 6, 2020
  • 07:41
34937954

Mohawk College Foundation joins CAAT’s DBplus

The Mohawk College Foundation is the latest employer to join the Colleges of Applied Arts and Technology pension plan’s DBplus. Prior to the move, which…

  • By: Staff
  • August 27, 2020 December 6, 2020
  • 09:17
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How have Canada’s DB pensions changed over the last decade?

Whether it’s battling the challenges of plan maturity, increasing longevity, the changing nature of work or difficult financial markets, these so-called golden handcuffs are looking…

Ontario Teachers’ invests in supply chain tech, announces CFO to retire

The Ontario Teachers’ Pension Plan is leading a US$50-million series C funding round for Calgary-based 3D robotics supply chain company Attabotics Inc. The pension fund is making…

  • By: Staff
  • August 18, 2020 January 20, 2021
  • 15:15

2020 Consultants Report: Pandemic will fundamentally change benefits, pension plans

The coronavirus pandemic is fundamentally changing the future of work and, very likely, the nature of employer-sponsored benefits and pension plans. Looking to the end…

2020 Top 100 Pension Funds Report: How have Canada’s DB pensions changed over the last decade?

2020 Top 100 Pension Funds Report: How have Canada’s DB pensions changed over the last decade?

Whether it’s battling the challenges of plan maturity, increasing longevity, the changing nature of work or difficult financial markets, these so-called golden handcuffs are looking…

Saint John Airport staff join CAAT’s DBplus

Firefighters, administrative and infrastructure maintenance personnel at the Saint John Airport are among the newest members to join the Colleges of Applied Arts and Technology…

  • By: Staff
  • July 13, 2020 December 6, 2020
  • 16:26

How the OPB mixes guidance, support and advice to optimize pension member decisions

Pension plan members are buffeted from all sides by information on retirement options — some reliable, some not — especially now that the coronavirus pandemic…

2019 Top 50 DC Plans Report: What does the future hold for hybrid pension plans?

While defined contribution pension plans evolve and defined benefit plans decline, the McGill University pension plan is a true blend of both types — at…

2019 Consultants Report: What benefits and pension topics are top of mind for consultants?

2019 Consultants Report: What benefits and pension topics are top of mind for consultants?

Compared to the preceding years, 2019 appears to be the year of steady when it comes to progress on hot topics that resonated in the…

Coronavirus prompting CAP sponsors to review TDF suites

2019 Top 100 Pension Funds Report: Deconstructing pension protection, promises and priorities

Though Trish McAuliffe didn’t know much about pension benefits at the time, they were at the heart of one of her earliest working memories. In…

How Husky Energy included active members in its DB plan annuitization

How Husky Energy included active members in its DB plan annuitization

With a defined benefit plan closed since 1991, Husky Energy Inc. was facing a dilemma. It wanted to annuitize the plan but had active members…

Improving employees’ financial wellness in fourth industrial revolution

When the World Economic Forum met this year in Davos, Switzerland, it chose a very timely topic: the fourth industrial revolution that’s about to be wrought by automation.…

  • April 30, 2019 November 30, 2020
  • 08:30