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Expert panel: What does it mean for pension plan members to live separate and apart?

While pension plan administrators know about their plan members’ employment history and salaries, they may not expect to learn much about their personal lives, including how…

OECD report urging policy-makers to consider role of employers in supporting pension growth

Since employers play a key role in supporting pension growth, policy-makers should consider their involvement when implementing pension reforms, according to a new report by…

  • By: Staff
  • December 2, 2022 December 1, 2022
  • 09:00

Top 5 HR, benefits, pension and investment stories of the week

An article on the potential impacts of a pension super-priority bill was the most-read story on BenefitsCanada.com over the last week. Here are the five most…

  • By: Staff
  • December 2, 2022 December 1, 2022
  • 09:00
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$13.5BN HSBC Canada Bank acquisition a win for pension plans, says RBC CEO

A deal for the Royal Bank of Canada to absorb HSBC Bank Canada for $13.5 billion is good news for pension plans, said Dave McKay,…

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ACPM calling on feds, CAP sponsors to increase focus on decumulation

The Association of Canadian Pension Management is calling on the federal government and capital accumulation plan sponsors to support members’ financial wellness by focusing on…

  • By: Staff
  • November 30, 2022 November 30, 2022
  • 15:00
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Saskatchewan amending pension legislation to include more decumulation options, solvency reserve funds

The Saskatchewan government is introducing amendments to its pension legislation that provide additional flexibility for plan sponsors and introduce new decumulation options for members of…

  • By: Staff
  • November 28, 2022 November 28, 2022
  • 15:00

Pension super-priority bill passes in House of Commons

A bill intended to provide defined benefit pension plan members with super-priority in the event of a plan sponsor’s insolvency passed in the House of…

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Top 5 HR, benefits, pension and investment stories of the week

An article on the FIRE — financial independence and retiring early — concept was the most-read story on BenefitsCanada.com over the last week. Here are the five…

  • By: Staff
  • November 25, 2022 November 24, 2022
  • 09:00
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Expert panel: China’s ESG mask slips

Reports that a leading asset manager is delaying the launch of a Chinese bond fund indefinitely are a clear sign that the facade around Chinese…

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Employer’s prior conduct prohibits pension plan amendments, despite collective agreement terms: Ontario court

A recent Ontario Divisional Court ruling serves as a caution that employers’ prior conduct may prohibit them from amending pension plans even when the collective…

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Expert panel: Can pension administrators deny benefits to plan members who don’t submit proof-of-life forms?

In August, the Canadian Broadcasting Corp. reported that the U.K. Department for Works and Pensions cut off state pension payments to several expatriate pensioners living…

  • By: Mary Picard
  • November 22, 2022 November 22, 2022
  • 09:00

FSRA releases final pension deregistration guidance

The Financial Services Regulatory Authority of Ontario has released its final pension deregistration guidance, which identifies the documents, information and timeframes that are required under…

  • By: Staff
  • November 21, 2022 November 21, 2022
  • 15:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on the Canadian Federation of Pensioners’ response to proposed legislative and policy updates for Alberta’s private sector pension regulations was the most-read story…

  • By: Staff
  • November 18, 2022 November 18, 2022
  • 09:01

A look at the landscape for automatic features in Canadian pension plans

Matching employer contributions in capital accumulation plans are as close to free money as employees can legally get. “You’re not changing your risk — because…

How InBenefits is aiming to prove the potential of target-benefit pensions

Alain Malaket has a nuanced perspective on risk — one informed by his experiences as a third-party administrator, pension regulator, consultant, pension plan director and…

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Ontario seeking feedback on framework for target-benefit pension plans

In its fall economic statement, the Ontario government said it will ask stakeholders to provide feedback this winter on a draft framework for target-benefit pension…

  • By: Staff
  • November 17, 2022 November 17, 2022
  • 13:00

CFP urging Alberta government to reconsider transfer of pension risk to plan members

The Canadian Federation of Pensioners is taking issue with some of the Alberta government’s proposed legislative and policy updates for private sector pension laws, including…

  • By: Staff
  • November 16, 2022 November 16, 2022
  • 09:00
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Report urges pension plan fiduciaries to focus on finance when considering ESG factors

A new report from the C.D. Howe Institute says pension plan fiduciaries shouldn’t ignore climate change and other environmental, social, and governance factors that are…

  • By: Staff
  • November 15, 2022 November 14, 2022
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on the strike by Ontario education workers was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news…

  • By: Staff
  • November 11, 2022 November 11, 2022
  • 09:00
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CIA advising CAPSA to consider pension plan liabilities, climate disclosure in ESG risk management guideline

The Canadian Institute of Actuaries is advising the Canadian Association of Pension Supervisory Authorities to strengthen its proposed guideline on risks related to environmental, social…

  • By: Staff
  • November 8, 2022 November 8, 2022
  • 09:00
Alberta’s public-sector pension plans reassuring members amid worry over ministerial order

CIA supporting going-concern plus regime, auto features in Alberta’s private sector pensions

The Canadian Institute of Actuaries is supporting several of the Alberta government’s proposed legislative and policy updates for private sector pension laws, including the move…

  • By: Staff
  • November 7, 2022 November 4, 2022
  • 09:00
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CPP maximum pensionable earnings increasing to $66,600 in 2023

The maximum pensionable earnings under the Canada Pension Plan for 2023 is increasing to $66,600 from $64,900 in 2022. The new ceiling was calculated according to a CPP legislated…

  • By: Staff
  • November 3, 2022 November 2, 2022
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

A pair of articles on Benefits Canada‘s 2022 Workplace Benefits Awards winners were among the most-read stories on BenefitsCanada.com over the last week. Here are the five…

  • By: Staff
  • October 28, 2022 October 28, 2022
  • 09:00
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Report urges DC pension plan sponsors to focus on decumulation

Capital accumulation plan sponsors need to focus on providing lifetime retirement income for plan members amid the growth of decumulation solutions such as advanced life…

  • By: Staff
  • October 25, 2022 October 25, 2022
  • 15:00
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PIAC reiterates objections to pension super-priority bill

The Pension Investment Association of Canada is reiterating its concerns about Bill C-228, which was designed to protect members of defined benefit pension plans during…

  • By: Staff
  • October 25, 2022 October 24, 2022
  • 10:11