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PIAC providing feedback on ISSB’s sustainability, climate change exposure drafts

The Pension Investment Association of Canada is providing feedback on the International Sustainability Standard Board’s exposure drafts on disclosure of financial information pertaining to sustainability…

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Canadian pension funds receive top scores in transparency benchmark

The Canada Pension Plan Investment Board is the world’s most transparent pension fund, according to the global pension transparency benchmark, a collaboration between Top1000funds.com and…

  • By: Staff
  • August 2, 2022 August 2, 2022
  • 11:00
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Rejected by courts, U.S. retirees take last shot to save pensions

Dave Muffley thought he had it made when it came to a solid retirement. The Indiana man spent roughly 30 years as a salaried maintenance…

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U.K. government proposing rules requiring DB pensions to share investment strategies

The U.K. government is proposing new rules requiring defined benefit pension plan sponsors to provide regulators with a summary of their investment strategies. Under the proposed…

  • By: Staff
  • July 28, 2022 July 28, 2022
  • 11:00

OAS increase an opportunity for employees to consider delaying retirement: expert

While old-age security has permanently increased by 10 per cent for seniors aged 75 and older, employees can maximize this benefit, along with their Canada…

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ACPM cautions OSFI against one-size-fits-all approach to risk management

The Association of Canadian Pension Management is cautioning the Office of the Superintendent of Financial Institutions on a one-size-fits-all approach to risk management across the…

  • By: Staff
  • July 21, 2022 July 20, 2022
  • 09:00

European central bank expected to raise interest rates by 25 basis points

The European Central Bank is expected to raise interest rates for the first time since 2011. In a statement, the bank said it plans to…

  • By: Staff
  • July 19, 2022 July 19, 2022
  • 12:30
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B.C. public sector pension plans schooling trustees with plan-specific curriculum

Four of British Columbia’s public sector pension plans are educating trustees with a new plan-specific curriculum. The curriculum — a collaboration between the College Pension…

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CAPSA’s risk management guideline committee seeking members for industry working group

The Canadian Association of Pension Supervisory Authorities’ risk management guideline committee is seeking nominations for an industry working group. The committee will draw on the group…

  • By: Staff
  • July 14, 2022 July 13, 2022
  • 09:00
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Biden’s Ohio visit spotlights effort to rescue troubled MEPPs

Reassuring frustrated blue-collar voters, U.S. President Joe Biden on Wednesday visited Ohio iron workers to highlight federal action to shore up troubled pension funding for…

CIFSC releases responsible investment framework for Canadian funds

The Canadian Investment Funds Standards Committee is releasing the final framework it will use to identify investment funds that disclose adopting responsible investing strategies. “Given…

  • By: Staff
  • July 7, 2022 July 6, 2022
  • 11:00

Access to collective investment trusts will strengthen 403(b) retirement plans: report

U.S. employers offering 403(b) retirement plans will benefit from access to collective investment trusts, according to a report by the Defined Contribution Institutional Investment Association.…

  • By: Staff
  • July 6, 2022 July 6, 2022
  • 15:00
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IMCO unveils ESG strategy, discloses portfolio emissions

The Investment Management Corp. of Ontario is publishing its inaugural environmental, social and governance report, which includes an outline of its four-pronged ESG integration strategy.…

  • By: Staff
  • July 5, 2022 July 5, 2022
  • 12:00
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French election results scuttle Macron’s hopes for pension reform

French president Emmanuel Macron’s efforts to reform his country’s pension system have been set back by the results of divisive national elections. During his campaign…

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Nova Scotia’s PSSP returns 5.56% for fiscal year

The Nova Scotia Public Service Superannuation Plan generated net returns of 5.56 per cent during its latest fiscal year, which ended on March 31, 2022.…

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Top 5 HR, benefits and pension stories of the week

An Ontario Superior Court judge awarding $210,000 in costs against the Financial Services Regulatory Authority of Ontario was the most-read story on BenefitsCanada.com over the…

  • By: Staff
  • June 30, 2022 June 30, 2022
  • 09:00
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N.B. auditor general report calls for transparency from public sector investment organization

New Brunswick’s auditor general is reigniting a dispute with the an independent public sector asset manager responsible for investing on behalf of pension plans jointly…

  • By: Staff
  • June 28, 2022 June 28, 2022
  • 13:00

BCI names Michel Drolet as senior VP of corporate risk, chief audit officer

The British Columbia Investment Management Corp. is appointing Michel Drolet as senior vice-president of corporate risk and chief audit executive. In the role, he’ll lead…

  • By: Staff
  • June 28, 2022 June 28, 2022
  • 11:00
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Ontario court awards $210K in costs against FSRA in Brewers Retail pension case

An Ontario Superior Court judge is awarding Brewers Retail Inc. $210,000 in costs against the Financial Services Regulatory Authority of Ontario. Justice Ed Morgan’s award…

Transition to low carbon economy highlighting climate risks for pension plans: CAPSA

The potential impact of a disorderly transition to a low carbon economy is a top factor driving financial market regulators to accelerate and focus their…

  • By: Staff
  • June 27, 2022 June 24, 2022
  • 09:00
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Top 5 HR, benefits and pension stories of the week

An article on Stelco Inc.’s $1.3 billion annuity buy-in for one of its defined benefit pension plans was the most-read story on BenefitsCanada.com over the…

  • By: Staff
  • June 24, 2022 June 23, 2022
  • 09:00
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No need for separate OSFI culture risk management guideline, says CIA

Culture risk management can be enhanced within existing risk management frameworks, says the Canadian Institute of Actuaries, adding it doesn’t see a need for a…

  • By: Staff
  • June 22, 2022 June 21, 2022
  • 09:00
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Updated CAP guidelines must reflect changes in the pension industry: CPBI session

As the Canadian Association of Pension Supervisory Authorities looks to update its capital accumulation plan guidelines, the amendments must reflect the changes in the industry,…

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ACPM provides feedback on proposed amendments to pension accounting standards

The Association of Canadian Pension Management is providing feedback on the Accounting Standards Board’s proposed amendments to the Chartered Professional Accountants of Canada’s handbook, including…

  • By: Staff
  • June 16, 2022 June 15, 2022
  • 09:00
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CAPSA seeking feedback on risk management guidelines

The Canadian Association of Pension Supervisory Authorities is seeking feedback on three risk management guidelines. The guidelines will cover pension plans’ use of leverage, cyber…

  • By: Staff
  • June 15, 2022 June 14, 2022
  • 09:00