Feds miss the mark in PRPP Act
On November 17, the Pooled Registered Pension Plan Act was tabled in the House of Commons. The explicitly stated purpose of the Act “is to…
- By: Greg Hurst
- November 28, 2011 September 13, 2019
- 10:16
Latest news in Governance/legislation
Banks resisting OMERS push to manage PRPPs
Canadian banks are opposing a push by OMERS to manage PRPPs, reports Bloomberg News.
- By: Staff
- November 25, 2011 September 13, 2019
- 11:07
PRPPs: New vehicle, same old problems
The newly re-introduced Pooled Retirement Pension Plan (PRPP) may be touted as the cure-all for all Canada’s flailing retirement savings system, but a rather unimpressed…
- By: Vikram Barhat
- November 18, 2011 September 13, 2019
- 11:46
Feds roll out new pension option
The federal government this morning introduced the much-anticipated Pooled Registered Pension Plans (PRPP) Act to address concerns over declining pension coverage for Canadians.
- By: Vikram Barhat and Tammy Burns
- November 17, 2011 September 13, 2019
- 11:47
Europe’s plans for pension reform
A leaked white paper has revealed the European Commission’s suggestions for pension reform, reports Investment & Pensions Europe (IPE).
- By: Staff
- November 17, 2011 September 13, 2019
- 11:06
N.S. Pension Benefits Act introduced
The government of Nova Scotia has introduced a new Pension Benefits Act, which would enable private sector pension plan members and retirees to know more…
- By: Staff
- November 15, 2011 September 13, 2019
- 10:24
Are PRPPs the gateway to compulsory pensions?
Like most western countries, the level of pension savings in Canada is a major issue for the government, and increased life longevity is driving concerns…
- By: Tom Murray
- November 15, 2011 September 13, 2019
- 08:44
Why we need a lifetime retirement saving limit
Born in 1946, the first wave of Canada’s baby boom generation will be 65 years old in 2012. If they haven’t saved enough for retirement,…
- By: James Pierlot with Faisal Siddiqi
- November 10, 2011 September 13, 2019
- 14:15
Making sense of the CPP changes
Under the current Canada Pension Plan (CPP) rules, employees and employers are not required to pay CPP contributions for employees who are working while collecting…
- By: Tammy Burns
- November 9, 2011 September 13, 2019
- 14:56
Tax rules hinder Canadians’ savings: C.D. Howe
Federal tax rules are preventing many Canadians—especially those in the private sector—from saving enough for retirement, according to a report released by the C.D. Howe…
- By: Staff
- October 28, 2011 September 13, 2019
- 08:29
NDP tables pension legislation
New Democrat Pension Critic Wayne Marston reintroduced legislation today to put pensioners ahead of creditors when their former employers go bankrupt. The proposed Pension Protection…
- By: Staff
- October 19, 2011 September 13, 2019
- 10:36
CFIB applauds N.B.’s public pension review
The Canadian Federation of Independent Business (CFIB) says governments across Canada should follow New Brunswick’s lead and begin reviewing their public sector pensions. “We’ve been…
- By: Neil Faba
- October 6, 2011 September 13, 2019
- 12:08
Why CFIB "Pension Tension" campaign is all wrong
Last December, I wrote an op/ed article in the Financial Post asking CPP expansionists to “Dial down the rhetoric on pensions” (FP Comment, Dec. 22,…
- By: Greg Hurst
- August 29, 2011 September 13, 2019
- 12:29
OSFI issues advisory on consent benefits
The Office of the Superintendent of Financial Institutions Canada (OSFI) has released a policy advisory to provide further detail on its expectations with respect to…
- By: Neil Faba
- August 29, 2011 September 13, 2019
- 11:24
Union lobbies for pension legislation change
United Steelworkers members and widows of members in Sudbury are lobbying for changes to Ontario’s pension legislation. Their concern is that the current legislation is…
- By: Staff
- August 4, 2011 September 13, 2019
- 13:22
Why DC pensions can be better than DB
The Institute for Research on Public Policy recently published a paper by economist Keith Horner entitled A New Pension Plan for Canadians: Assessing the Options,…
- By: Greg Hurst
- July 20, 2011 September 13, 2019
- 14:17
The new agreement for multi-jurisdictional plans
According to Statistics Canada, there are almost 3,000 registered pension plans in Canada with members in more than one province—hence the need for a national…
- By: Philip Morse
- July 14, 2011 September 13, 2019
- 10:24
Video: Affordable PRPPs
Watch this video Since the announcement of pooled registered pension plans (PRPPs) by the Federal government, plan sponsors and industry experts have been supportive of…
- By: Staff
- June 23, 2011 September 13, 2019
- 13:36
Are you ready for June 30 filings?
The end of this month marks the deadline for filing the first round of GST/HST 494 returns for the pension industry. With barely a week…
- By: Staff
- June 22, 2011 September 13, 2019
- 14:00
Dynamic de-risking trends and best practices
The last decade has been unpleasant for DB pension plans, even before the 2008 market crash. The Great Recession further exacerbated these challenges as global…
- By: Heather Cooke and Hrvoje Lakota
- June 22, 2011 September 13, 2019
- 13:54
Ontario, Quebec multi-jurisdictional pension rules are changing
A Buck Consultants Advisory out today reminds pension plan sponsors that Ontario and Quebec multi-jurisdictional plans will be subject to the new Agreement Respecting Multi-Jurisdictional…
- By: Staff
- June 22, 2011 September 13, 2019
- 12:34
Church pension fund files fraud charges
The Royal Newfoundland Constabulary (RNC) has laid dozens of fraud-related charges against a 62-year-old former employee of the archdiocese of St. John’s. The RNC alleges…
- By: Staff
- June 21, 2011 September 13, 2019
- 10:05
New pension rules for marriage breakdown welcomed
Ontario’s new rules for dividing pensions on marriage breakdowns are a welcome development, Ian Edelist, pension practice leader at Eckler Ltd., said during an Association…
- By: Dean DiSpalatro
- June 17, 2011 September 13, 2019
- 11:53
Video: Legal risks of DC plans
Watch this video Just because there haven’t been any large lawsuits around DC plans in Canada yet doesn’t mean they aren’t possible. Paul Litner, partner,…
- By: Staff
- June 16, 2011 September 13, 2019
- 13:43
HOOPP rates remain stable
Other plans might be increasing member contribution rates but the Healthcare of Ontario Pension Plan (HOOPP) board of trustees says HOOPP won’t be one of…
- By: Staff
- June 14, 2011 September 13, 2019
- 13:26