A real-life stress test
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…
- By: Martin Leclair and Lewis Powell
- March 3, 2016 September 13, 2019
- 09:12
Latest news in Governance/legislation
What the Ontario Budget means for employers
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:…
- By: Staff
- February 26, 2016 September 13, 2019
- 09:12
SIPP deadline looms for Ontario pensions
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…
- By: Staff
- February 26, 2016 September 13, 2019
- 08:34
Ontario Budget: Province to introduce PRPP changes
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,…
- By: Yaldaz Sadakova
- February 25, 2016 September 13, 2019
- 17:55
Ontario Budget: The ORPP pushes ahead, more details to come in spring
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…
- By: Jennifer Paterson
- February 25, 2016 September 13, 2019
- 17:50
Ontario Budget: Government continues to consult on target benefit plans
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…
- By: Staff
- February 25, 2016 September 13, 2019
- 17:08
Ontario Budget: Province starts reviewing pension solvency rules
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…
- By: Yaldaz Sadakova
- February 25, 2016 September 13, 2019
- 16:55
Ontario Budget: Final report on modernization of pension plans to come this spring
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…
- By: Staff
- February 25, 2016 September 13, 2019
- 16:51
What will Ontario’s 2016 Budget say about pensions?
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…
- By: Jennifer Paterson
- February 23, 2016 September 13, 2019
- 09:54
OCC calls for offset measures to support transition to ORPP
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…
- By: Staff
- February 23, 2016 September 13, 2019
- 09:50
Editorial: ORPP ads reflect misplaced priorities
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…
- By: Glenn Kauth
- February 22, 2016 September 13, 2019
- 09:15
Quebec shakes up pension landscape with shift to going-concern funding
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…
- By: Yaldaz Sadakova
- February 22, 2016 September 13, 2019
- 09:10
Nortel pensioners face decision on payment options
After a six-year legal battle, it’s finally time for the former employees of the bankrupt technology firm Nortel Networks to learn what to do with their…
- By: Jennifer Paterson
- February 18, 2016 September 13, 2019
- 09:36
CPP to be expanded within the year
The Canada Pension Plan will be enhanced in 2016, says federal Finance Minister Bill Morneau. “Our goal is to work together with all provinces and…
- By: Staff
- February 17, 2016 September 13, 2019
- 11:45
ORPP delay welcomed, but more support needed
The Ontario Chamber of Commerce and the Canadian Federation of Independent Business are just two of the organizations encouraged by the provincial government’s announcement Tuesday…
- By: Jennifer Paterson
- February 17, 2016 September 13, 2019
- 09:24
ORPP delay a ‘wise’ move
The Association of Canadian Pension Management is welcoming today’s announcement of a one-year delay to the Ontario Retirement Pension Plan. “We welcome it,” says ACPM…
- By: Glenn Kauth
- February 16, 2016 September 13, 2019
- 11:25
ORPP delay, GST relief on investment association’s budgetary wish list
The Portfolio Management Association of Canada is adding its voice to groups calling for a delay to the introduction of the Ontario Retirement Pension Plan.…
- By: Glenn Kauth
- February 12, 2016 September 13, 2019
- 11:36
Greek farmers clash with riot police in pensions protest
Greek farmers wielding shepherd’s staffs and throwing rocks clashed with riot police in Athens on Friday as thousands headed to the capital for a two-day…
- By: Elena Becatoros, The Associated Press
- February 12, 2016 September 13, 2019
- 09:10
CLHIA calls for one-year delay to ORPP
The Canadian Life and Health Insurance Association (CLHIA) has called for a one-year delay of the ORPP. In its 2016 Ontario Budget Submission, written to Ontario Minister…
- By: Jennifer Paterson
- February 11, 2016 September 13, 2019
- 10:05
Lawsuit filed against IAM pension fund
The U.S. Department of Labor has filed a lawsuit against the International Association of Machinists (IAM) National Pension Fund and its board of trustees, citing…
- By: Jennifer Paterson
- February 11, 2016 September 13, 2019
- 09:21
Ontario spent $600K on ORPP ads during election: taxpayer group
Premier Kathleen Wynne is defending nearly $600,000 the government spent in advertising the Ontario Retirement Pension Plan during the federal election campaign. The Canadian Taxpayers’ Federation…
- By: Allison Jones, the Canadian Press
- February 8, 2016 September 13, 2019
- 17:31
Raising the bar on pension plan governance
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…
- By: Vawn Himmelsbach
- February 3, 2016 September 13, 2019
- 10:32
SIPP requirements: Out of the boilerplate and into the boiler
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…
- By: Mark Firman
- February 3, 2016 September 13, 2019
- 09:34
Greece enters new round of bailout talks amid pension reform unrest
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…
- By: The Associated Press
- February 1, 2016 September 13, 2019
- 09:05
Conservatives and NDP express ORPP concerns
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…
- By: Jennifer Paterson
- January 28, 2016 September 13, 2019
- 09:48