The Office of the Chief Actuary is launching a peer review process for its next actuarial report on the Canada Pension Plan, which is expected…
The push to make companies detail their exposure to climate change received a boost last week with about 80 women leaders in business and civil…
Risk management continues to be one of the hottest topics in the pension industry for a number of reasons, including the uncertainty caused by the…
The Association of Canadian Pension Management is recommending a few amendments to the Pension Benefits Standards Act, including the required disclosure to spouses and electronic…
An article on the Association of Canadian Pension Management’s call for modernized pension legislation in Alberta was the most-read story on BenefitsCanada.com this past week.…
The Association of Canadian Pension Management is calling on the Alberta government to modernize its provincial pension legislation and align its laws with other Canadian…
Seventeen of the largest workplace pension providers in the U.K. have agreed to invest at least 10 per cent of their defined contribution default funds…
Administering a pension plan involves the accumulation of large amounts of data in the form of documents, filings, reports, emails and letters. At some point,…
An article on a lawsuit filed by Ontario Provincial Police recruits against the Ontario Municipal Employees Retirement System and the Ontario Pension Board was the…
An article on how Canada’s federal election could impact employees’ retirement savings was the most-read story on BenefitsCanada.com this past week. Here are the top…
The benefits of artificial intelligence go hand in hand with the many risks, but the pension industry’s requirements around fiduciary responsibility and governance, as well…
A group of former municipal police officers who were recruited by the Ontario Provincial Police have launched multi-million-dollar lawsuits against the Ontario Municipal Employees Retirement…
The U.S. Supreme Court has unanimously decided in favour of former Cornell University employees who accused the university of violating the Employee Retirement Income Security…
While there’s more work to be done, election campaign promises made by Canada’s major federal political parties that address retirement challenges are a step in…
The British Columbia Financial Services Authority is releasing a stand-alone information security guideline for pension plan administrators based in the province. The guideline, which will…
Benefits Canada celebrated the Defined Contribution Plan Summit’s 25th anniversary by looking at how the world has changed over the last quarter century, the subsequent…
Donald Trump is poised to be the “most transformational” U.S. president due to his corporate tax rate approach and a unique deregulation plan across financial…
As defined contribution plans mature, Canada is seeing the first wave of retirees that only have DC plans and plan sponsors are facing the challenges…
While good governance practices must be at the core of any pension plan, intricate frameworks are designed to be proportional to the size of the…
Home-country bias is a conversation that ebbs and flows, with U.S. investment returns since the 2008/09 financial crisis reigniting the conversation, said Jon Knowles, institutional…
An emerging trend in U.S. defined contribution investment strategies is the ‘blend trend,’ which is a target-date solution that allocates to underlying building blocks that…
With no federal requirement for U.S. employers to offer retirement savings options, individual states are stepping up and delivering meaningful programs. Speaking at Benefits Canada’s…
Rather than a single defined contribution plan sponsor tackling the decumulation dilemma alone, decisions need to be reframed as a decumulation ecosystem, said Nicole Lomax,…
Since 2008, when the U.S. enacted legislation allowing target-date funds as the default, total assets in these funds have grown from around US$150 billion to…
In the early days of Bell Canada’s defined contribution plan, there was a lot of emphasis on information and big campaigns, but at that time,…