It’s no secret that passive investments, such as exchange-traded and indexed funds, have become more popular with investors over the past 10 years. Such funds require…
New Brunswick has tabled amendments to the province’s Financial Administration Act in an effort to prohibit special pensions or payments to staff as part of leadership changes. “Your government is…
The large number of Canadians who fear the Canada Pension Plan won’t be around when they retire reflects a misplaced belief, said Canada Pension Plan Investment Board president…
The Ontario government has introduced a bill that, if passed, will enact several changes to the Pension Benefits Act. “This is a significant step,” says Stephanie…
The Financial Services Commission of Ontario has appointed Morneau Shepell Ltd. to take over the continuing administration of Stelco Inc.’s five existing defined benefit pension plans as…
Over the past 10 years, assets in pension plans registered in Alberta have reached $54 billion, an increase of 149 per cent, according to a new…
Ontario’s fall economic statement confirmed a number of previously announced frameworks for the province’s pension, health-care and employment programs, including a look at addressing decumulation. The…
The Office of the Superintendent of Financial Institutions has laid out its progress on a number of pension responsibilities in its 2016-17 report on plans and…
Pension arrangements for politicians have long been controversial, but at least in the case of members of Parliament, they’ve begun footing an equal share of…
Too much avocado toast isn’t the reason younger Canadians have a hard time getting a start on their retirement savings. Canadian millennials are “literally working and…
The current environment is simply too difficult for Canadians to save adequately for retirement, given increased longevity and the low yields on appropriate investments, according…
The New Democratic Party tabled a private member’s bill Monday to amend Canada’s insolvency laws so they protect pension plans and post-retirement benefits when a company is…
The Quebec government has announced a plan to expand the Quebec Pension Plan in line with reforms to the Canada Pension Plan. As part of…
A new report on income security in Ontario is recommending that the provincial government expand the provision of essential health benefits to all low-income people…
The Canadian government will discontinue the Canada savings bond and Canada premium bonds program on Nov. 1, 2017. While existing bonds will continue as usual until they…
CARP is the latest organization to call for legislative reforms to better protect pensioners working for private sector companies that file for insolvency. CARP, formerly…
The federal government is currently reviewing the discount rates it uses for its pension and benefits obligations, Finance Minister Bill Morneau said in the fall economic statement…
The coming into force of an administrative monetary penalty regime under Ontario’s Pension Benefits Act on Jan. 1, 2018, will change the risk profile for…
The Caisse de dépôt et placement du Québec will now be factoring climate change into every investment decision it makes, setting out targets and actions…
One year since the federal government unveiled its target-benefit bill, the issue is still attracting divisive opinions from the industry. On one hand, there’s continued…
The Ontario Superintendent of Financial Services has selected Morneau Shepell Ltd. to take over the administration of Sears Canada Inc.’s pension plan. Following the announcement…
The idea of taxing employee discounts appears to be on hold for now, but the government may reintroduce it at a later date. If it does,…
The overall solvency position improved slightly for federally registered pension plans in 2016 compared to 2015, but the majority of funds remained slightly underfunded on…
Sears Canada Inc.’s announcement on Tuesday that it will seek a liquidation order from the Ontario Superior Court of Justice appears to vindicate the earlier…
The Netherlands has long had a reputation for having a strong two-pillar retirement system that provides retirees with an income replacement rate of at least…