While Canadians’ increasing longevity has been a growing issue for pension plans and providers alike, its effect on quality of living can vary significantly across income…
The Pension Investment Association of Canada has submitted its comments on the federal government’s unclaimed pension balances framework, noting the solution to the problem is the…
While retirement income security is top of mind for many Canadians, British Columbia’s public sector pension plans are noteworthy models that can be emulated by sponsors…
Pharmacare and flexible annuity options top the Canadian Life and Health Insurance Association’s list of recommendations for the upcoming 2019 federal budget. In its submission, the…
Even as regulators move to expand decumulation options for Canadians in defined contribution pension plans, the degree to which employers will actually adopt the solutions…
The job of a pension consultant has evolved considerably over Bita Jenab’s 30-year career in the field. The mid-1990s saw a greater focus on governance…
While there are nuances, I consider a target-benefit plan to be one that determines benefits to members on a defined benefit basis while setting out…
The Canadian Association of Pension Supervisory Authorities’ latest consultation is seeking feedback on amendments to its guideline No. 8 for defined contribution pension plans, focusing on considerations around…
Reimbursing benefits, accessing dental plans and designating death benefit beneficiaries are among the most important unresolved issues from a decade of recommendations by Veterans Affairs…
The real solution for missing pension plan members is the establishment of a regime that allows plan sponsors to turn over unclaimed balances to a public…
Federal officials overseeing billions in benefit payments to millions of Canadians are hoping artificial intelligence can resolve ongoing snags in the system. The government is…
The majority of small business owners in Ontario want the government to scrap or delay the Canada Pension Plan enhancements, according to a new survey by…
This series of articles examines some actionable ideas to help plan administrators meet the Canadian Association of Pension Supervisory Authorities’ guideline No. 4. Following on from the…
As the average income replacement rate for capital accumulation plans continues to trend downwards, can employers mitigate this movement with the Canada Pension Plan’s incoming…
Until recently, Alberta common-law couples that were splitting up couldn’t divide their pension assets, even if both parties wanted to. This changed in April 2018,…
The National Pension Hub is awarding funding to three research projects, focusing on themes like portfolio construction and plan design. The hub, which the Global…
The federal government has increased the old-age security benefit by 1.2 per cent as of July 1. The change means a single senior receiving OAS…
Visitors to BenefitsCanada.com who type in a web address for a broken link will find a page with a lighthearted reply that reads: “Like a…
Facing a $10.3-million pension deficit in 2016, the Youth Services Bureau of Ottawa had some tough decisions to make. It felt that closing its defined…
Since 2011, Norway’s national pension provider has been calculating the life expectancy of those turning 61 as part of pension reforms introduced at that time.…
A new report from the C.D. Howe Institute is recommending a longer deferral period for the Canada Pension Plan and the Quebec Pension Plan, suggesting that…
The Canadian Association of Pension Supervisory Authorities has published draft guidance for plan administrators and third-party consultants to help them search for missing pension members.…
Sears Canada Inc. retirees are facing clawbacks to their pensions due to 10 months of overpayments. Since October 2017, the retailer’s former employees have been…
Pension plan administrators’ overall satisfaction with the Office of the Superintendent of Financial Institutions is on the rise, according to a new survey. The survey, commissioned…
The upcoming enhancements to the Canada Pension Plan will increase Canadians’ total CPP benefits by about 44 per cent by 2070, according to a new report by…