In its first federal budget last month, the Liberal government said it would seek additional funding from Canada’s pension funds as it looks to invest more…
When the Ontario government announced its proposed new legislation enshrining the framework for the Ontario Retirement Pension Plan (ORPP) on April 14, it also shared some significant…
Finance Minister Bill Morneau has been busy promoting his first federal budget on both sides of the Atlantic. This week, he continues west to such…
Many plan sponsors aren’t aware of the level of oversight required for their defined contribution pension plans and the legal risks that comes along with…
The Ontario Registered Pension Plan Administration Corp. will begin an extensive education campaign about the ORPP for employers this summer and a verification process for…
It seems even the judiciary isn’t immune to efforts to rein in benefits plans, including post-retirement coverage. In a recent decision of Ontario’s Divisional Court,…
While Manitoba’s Progressive Conservatives have been silent about their stance on an expansion to the Canada Pension Plan, experts predict the party’s victory Tuesday could mean the province…
For many people, the mere mention of European Union rules conjures up images of red tape and bureaucratic minefields. So it’s hardly surprising that Europe’s…
A new bill for the Ontario Retirement Pension Plan introduced today will also include an option for other provinces to join in as Ontario moves…
As employers struggle to determine the right governance structure for their defined contribution pension plans, one company going through the process found it could do…
As Ontario inches closer to launching its mandatory pension program, the Ontario Retirement Pension Plan, the pension industry remains polarized about the plan’s impact on…
While proponents are expressing concern about the absence of any mention of target-benefit pension plans in the recent federal budget, the omission doesn’t mean Ottawa has lost interest in…
The Illinois Supreme Court dealt another devastating blow Thursday to the state’s impatient attempts to control its ballooning public pension debt by striking down a state…
In its first federal budget, presented on March 22, the Liberal government announced a range of developments that will affect employers and the pension and benefits industries. They…
In its first budget, presented on March 22, the federal government announced it would launch consultations in the coming months to give Canadians an opportunity to share…
The Liberal government has announced it will launch a consultative process on the investment rule that restricts pension plans from holding more than 30 per cent…
In its 2016 budget, the federal government proposed changes to the agreement powers of the Pension Benefits Standards Act. The changes, according to the budget document,…
I have mixed feelings about the government’s recent announcement of its intent to preserve eligibility for old-age security at age 65. That’s because I no longer…
Mark Wiseman, president and CEO of the Canada Pension Plan Investment Board and Michael Sabia, CEO of the Caisse de dépôt et placement du Québec, will…
A comparison of pension systems in Canada and Britain isn’t an apples-to-apples exercise — or even apples to grapefruits. But when it comes to pension…
Prime Minister Justin Trudeau says next week’s federal budget will restore the age of eligibility for old age security to 65. Trudeau says the decision…
The federal government is widely expected to make good on its election promise to restore OAS eligibility to age 65 for all Canadians, giving clients…
Plan sponsors awaiting a final report on modernizing and increasing accountability in the regulations of financial services and pension plans in Ontario should be wary of a recommendation that…
According to a recent Broadbent Institute study, “the value of retirement assets of those aged 55 to 64 without an employer pension is wholly inadequate.”…
A U.S. insurance company has agreed to pay US$219 million to end a class action lawsuit for allegedly making false and misleading statements about a…