New regulations and legislation around plan administration is changing the state of play for pension governance. It is no longer a nice to have; it’s…
Pension plan administrators have a fiduciary duty to invest plan assets prudently and in the best interests of plan beneficiaries. This much, to quote Jane…
Greece’s leftwing-led government is entering a new round of negotiations with its creditors over progress on the latest bailout program, amid angry union reactions to…
As the Ontario government continues to forge ahead with its plans for the Ontario Retirement Pension Plan (ORPP) by announcing new details and features this…
The Ontario government has announced a series of design and feature details for the Ontario Retirement Pension Plan (ORPP). In a press conference this morning, Ontario…
No matter which position you take on the Ontario Retirement Pension Plan (ORPP), one thing is certain: its introduction offers a unique opportunity to engage and…
The Association of Canadian Pension Management (ACPM) has asked the Ontario government to delay the implementation of the Ontario Retirement Pension Plan (ORPP) by one year. In a letter to…
Greek farmers angry at planned pension and tax reforms have expanded their campaign of blocking highways and closed a border crossing to Bulgaria. About 1,500…
The Ontario Trucking Association (OTA) said that one of its key concerns about the Ontario Registered Pension Plan (ORPP) has been “laid to rest for…
The UK government has announced an end to prohibitive charges faced by people looking to access their pension pot early. The plans will cap excessive…
Several thousand lawyers marched to parliament Thursday to protest a planned overhaul of the pension system by Greece’s government. Chanting “No retreat till we’re vindicated,” the lawyers…
Associate Minister of Finance Mitzie Hunter has written to Ontario Premier Kathleen Wynne with the latest progress report for the Ontario Retirement Pension Plan (ORPP). While the…
To stay up to date on legislative changes in the pension industry, it is important to bookmark a few key dates for 2016. January 1,…
Major changes to the rules around the funding of private sector defined benefit pension plans took effect on January 1, 2016 in Quebec. The changes in Bill…
Whether Prime Minister Justin Trudeau’s promise to enhance the CPP can shift from being a mere campaign pledge to becoming reality hinges on the provinces—and…
The deadline for filing amendments with respect to British Columbia’s Pension Benefits Standards Act (PBSA) has been extended by three months. Pension plan amendments required…
The ORPP is “a harebrained idea,” according to Dr. Jack Mintz, economist and fellow at the University of Calgary. Speaking at the 2015 Portfolio Management…
Canada’s governments should act now to reform the Canada Pension Plan, says the Canadian Institute of Actuaries. Federal and provincial governments have a “once-in-a-generation opportunity…
The British Columbia government is announcing new standards for workplace pension plans, creating options that could be activated even before an employee retires.
U.S. Steel Canada says it will be filing a motion with the Ontario Superior Court of Justice seeking an order to continue its operations and…
Climate change is one of the biggest risks faced by Canadian pension plans and plan managers may be forced into taking public stands to fulfil…
Over the years, a growing chorus of voices has been pleading with the provinces to lighten up on the overburden of pension regulation and give…
The Government of Ontario announced key details in the design of the Ontario Retirement Pension Plan (ORPP) on Tuesday and reaction to the announcement was…
As Ontario moves forward with its mandatory provincial pension program, it should use Australia’s DC system as a model instead of the Canada Pension Plan…
To eliminate its retirement income insecurity, Canada needs to overhaul every aspect of its retirement system, instead of simply focusing on whether to expand the…