Nearly two-thirds (65 percent) of global employees support auto-enrolment in workplace pension plans, according to a new report from the Aegon Centre for Longevity and Retirement…
Ontario has passed the Ontario Retirement Pension Plan Act, 2016 today, despite the impending meeting of Canada’s finance ministers on June 19-20 to discuss enhancements to…
With Canada’s finance ministers preparing for a meeting next month to discuss ways to enhance the Canada Pension Plan, what’s the likelihood of success? In an interview with Benefits Canada’s sister…
Canada’s finance ministers have scheduled a meeting for June 19-20 in Vancouver to discuss ways to reform the Canada Pension Plan, the Globe and Mail…
The federal Office of the Superintendent of Financial Institutions has introduced several new disclosure amendments for the pension plans it regulates that will come into effect…
As companies consider their options around the Ontario Retirement Pension Plan, national employers with staff who work in Ontario and other provinces face additional questions about what to do.…
Mark Machin will replace Mark Wiseman’s role as president and chief executive officer of the Canada Pension Plan Investment Board on June 13. Since 2012,…
Alberta’s Office of the Superintendent of Pensions has given pension plans located in Fort McMurray a two-month extension to file their annual information returns and audited…
Expanding the Canada Pension Plan would be the best way to fend off the retirement crisis, presenters at the Standing Committee on Social Policy hearings…
Carolyn Rogers, the chief executive officer of the Financial Institutions Commission of British Columbia, will be leaving FICOM at the end of July to join the…
Ontario has introduced draft regulations to provide temporary solvency funding relief for defined benefit pension plans that it promised in the 2016 Budget. Once finalized,…
The government of Ontario has assembled a nominating committee to recommend potential board members for the Ontario Retirement Pension Plan Administration Corporation. The chair of…
Regardless of whether you agree with the Ontario Registered Pension Plan, you may find new ads from the Government of Ontario helpful for getting employees —…
Pension funds are under increasing scrutiny and fund manager compensation is an area of heated debate. Keith Ambachtsheer, director emeritus of the Rotman International Centre…
A revised draft of legislation published by Canada’s Department of Finance has left pension funds and other “intermediaries” off the list of players that would…
Should you beef up your defined contribution pension plan or axe it and enrol in the Ontario Registered Pension Plan instead? What if your plan is…
While the Ontario Retirement Pension Plan has provoked some apprehension about a potentially negative impact on defined contribution pension plans, a Benefits Canada survey of…
Canada’s workplace pension system is going through a recalibration due in part to an aging population and demographic shifts, declining coverage and unpredictable financial markets.…
Canadian employees born after 1971 can expect to receive a rate of return of just 2.1 per cent on their Canada Pension Plan contributions, according to a…
As the drive towards target-benefit pension plans continues to make headway in Canada, litigation risk for their sponsors is on the rise. The jurisprudence is…
In the 25-year history of the goods and services tax, its application to investment fees has been the subject of a series of battles between the…
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…