A new multi-employer pension plan is being created for Canadian incorporated physicians. The Medicus Pension Plan, developed by MD Financial Management Inc. and Scotiabank, will…
The Ontario Teachers’ Pension Plan investments returned 11.1 per cent in 2021, with its result driven by the strong performance of its private equity portfolio.…
The British Columbia Municipal Pension Plan’s new Municipal Retiree Benefit Trust is joining the B.C. Investment Management Corp. The MRBT, which has $100 million in assets…
Almost two-thirds (62 per cent) of U.S. defined benefit plan sponsors are seeking to exit their plans, while 33 per cent are looking to achieve…
With today marking the second anniversary of the coronavirus pandemic, it isn’t surprising that a pair of articles on the pandemic’s lasting impact were among…
The average funded status for the largest U.S. defined benefit pension plans was 93.8 per cent in 2021, up from 86.2 per cent in 2020…
The OPSEU Pension Trust is reporting a net investment return of 15.3 per cent for 2021, a result driven by strong private equity performance. In…
Despite rising concerns about inflation and the war in Ukraine, the funded position of a typical Canadian defined benefit pension plan improved slightly on both…
Three-quarters (75 per cent) of defined contribution plan sponsors cite reviewing fees as the most important step they took to improve their fiduciary position in…
Canada’s pension plans are weathering the coronavirus pandemic, with many plans currently in their best financial shape in several years. The early days of the…
Developing a made-in-Canada approach to employee ownership trusts will address multiple public policy challenges, according to a new report by non-profit Social Capital Partners. Employee-owned…
The average 45-year-old Canadian employee earning $60,000 per year will need to accumulate $1.4 million in retirement savings by age 65 if they want to…
More than a third (36 per cent) of Canadians aged 18 to 25 have already begun planning and saving for retirement, according to a survey by…
Amazon Canada’s commitment to unique financial wellness offerings led to a win at Benefits Canada‘s 2024 Workplace Benefits Awards on Oct. 18. The technology company was…
Admiral Insurance’s award-winning benefits program is demonstrating how employers can use versatility to strike a fine balance between finding innovative solutions and maintaining plan sustainability. The…
As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says…
With the new year may come new resolutions — or at least topics to keep in mind — for capital accumulation plan sponsors. Ongoing compliance…
Just 48 per cent of working Canadians say they have an employer-sponsored pension plan, according to a new survey by IG Wealth Management. The survey,…
Retirement advice and personalization are becoming foundational expectations for employees, not optional enhancements, said Rachel Weker, retirement strategist at T. Rowe Price Group Inc., during…
Don Smith, the recently suspended chair of the Colleges of Applied Arts and Technology pension plan’s board of trustees, has been removed from his position…
The Colleges of Applied Arts and Technology pension plan has suspended its board chair Don Smith. The pension organization, which oversees more than $23 billion…
The Healthcare of Ontario Pension Plan is appealing a Dutch tax court ruling against the investment organization. Th court backed the investigation of a tax…
Tourism Kingston is supporting employee financial well-being and retirement readiness with a new group registered retirement savings plan. The program, provided by the Empire Life…
When the Canadian Association of Pension Supervisory Authorities updated its capital accumulation plan guideline in September 2025, the Co-operative Superannuation Society Pension Plan conducted an…
Wealthsimple Inc. is marking Financial Literacy Month with a two-part series of information sessions on how women can build financial confidence. The sessions cover estate…