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…
The union that represents NHL players doesn’t want its Ontario members – the Toronto Maple Leafs and the Ottawa Senators – to be forced to pay into…
Ontario Progressive Conservative leader Patrick Brown said the party not only opposes the provincial Liberal government’s plan for the Ontario Retirement Pension Plan, but they’d…
The Canadian Federation of Independent Business (CFIB) is calling on the government to end the “bridge benefit” perk, an incentive for government employees who retire early.…
Nearly half (44%) of respondents approve of the Ontario Retirement Pension Plan (ORPP) as a supplement to the CPP, according to a sampling of public opinion…
The year 2016 started out with a bang, to say the least. The past year marked a transition in financial markets as the U.S. hiked…
Ontario Finance Minister Charles Sousa announced the province’s 2016 budget on Thursday, outlining a range of developments of interest to employers and benefit plan sponsors, including:…
Ontario pension plans registered before Jan. 1, 2016 must file their statement of investment policies and procedures (SIPP) by this coming Tuesday, March 1. For plans registered…
Ontario is introducing changes to the Pooled Registered Pension Plans Act, 2015 as well as other legislative pension amendments as part of its 2016 budget,…
During its announcement of the 2016 Ontario Budget on Feb. 25, the provincial government said it’s on track to ensure that, by 2020, all eligible…
The Ontario government said it will continue to consult on all aspects of a target benefit multi-employer pension plans framework, including funding rules. In its…
Less than two months after Quebec changed the funding rules for its private defined benefit pension plans, the government of Ontario says it will proceed…
A final report on modernizing and increasing accountability around the regulations of financial services and pension plans in Ontario is set to be released in…
The Association of Canadian Pension Management is hoping to see a series of pension consultations announced by the Ontario government when it shares the details…
The Ontario Chamber of Commerce (OCC) is calling on the government of Ontario to support employers in the transition to the Ontario Retirement Pension Plan…
It’s not in existence yet, but the Ontario Retirement Pension Plan is already coming under scrutiny from the auditor general. In this case, Bonnie Lysyk…
In a move that has drawn significant attention in the pension community, Quebec has introduced a potential solution to a major conundrum for employers: how…