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HOOPP surpasses 400,000 plan members

HOOPP surpasses 400,000 plan members

The Healthcare of Ontario Pension Plan recently surpassed 400,000 plan members, more than doubling since 2013 when it passed the 200,000 member mark. It added…

  • By: Staff
  • February 9, 2021 February 16, 2021
  • 09:00
Navacord acquiring Ontario-based benefits firm

Navacord acquiring Ontario-based benefits firm

Navacord Corp. is further expanding its group benefits business by acquiring Penmore Benefits Inc. A division of The Penmore Group, Concord, Ont.-based Penmore Benefits Inc., provides…

  • By: Staff
  • February 8, 2021 February 8, 2021
  • 09:00
32% of Canadians delaying retirement due to coronavirus pandemic: survey

32% of Canadians delaying retirement due to coronavirus pandemic: survey

While the rollout of vaccines has the world cautiously optimistic about an economic recovery, a Scotiabank survey shows the coronavirus pandemic has Canadians concerned about their retirement…

  • By: Staff
  • January 25, 2021 January 25, 2021
  • 09:00
Strength in numbers at the Community and Women’s Groups Member Funded Pension Plan

Strength in numbers at the Community and Women’s Groups Member Funded Pension Plan

Many employees in the non-profit sector dedicate their lives to helping others. In 2008, a new pension plan was launched to help provide them with…

Canadians taking CPP at 60 losing $100,000+ in retirement income: study

Canadians taking CPP at 60 losing $100,000+ in retirement income: study

The average Canadian taking  Canada/Quebec Pension Plan benefits at age 60 instead of waiting until 70 can expect to lose more than $100,000 of secure lifetime…

  • By: Staff
  • December 11, 2020 January 19, 2021
  • 15:30

Blake Hutcheson succeeds Michael Latimer as OMERS’ CEO

As reported in December 2019, Blake Hutcheson has succeeded Michael Latimer as the new chief executive officer of the Ontario Municipal Employees Retirement System, effective June…

  • December 10, 2020 January 23, 2021
  • 19:13

Ontario Teachers’ appointing Karen Frank as senior managing director of equities

The Ontario Teachers’ Pension Plan is appointing Karen Frank as senior managing director of equities. Based in the pension fund’s London office, she’ll take on the new role in…

  • December 10, 2020 January 22, 2021
  • 19:07

Morneau Shepell appointing new retirement solutions partner

Morneau Shepell Ltd. is appointing Glen Oikawa as a client relationship partner, retirement solutions partner and Calgary office leader. In the new role, he’ll focus on…

  • December 10, 2020 January 22, 2021
  • 19:05
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Blair Richards moves to CIO of Halifax Port ILA/HEA pension plan

The Halifax Port ILA/HEA pension plan has appointed Blair Richards as its chief investment officer. After more than 20 years as chief executive officer, he…

  • December 10, 2020 January 22, 2021
  • 19:02

University Pension Plan names Barbara Zvan inaugural president, CEO

The University Pension Plan’s board of trustees has named Barbara Zvan as the inaugural president and chief executive officer of the UPP. Established on Jan. 1,…

  • December 10, 2020 January 22, 2021
  • 18:58

Mercer Canada appointing wealth business leader

Mercer Canada is appointing Teresa Palandra as leader of its wealth business. Palandra will be in charge of investment, wealth management and retirement services and solutions…

  • December 10, 2020 January 22, 2021
  • 18:57
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OMERS appointing Ingrid Chingcuanco as VP, pension operations

The Ontario Municipal Employees Retirement System is appointing Ingrid Chingcuanco as vice-president of pension operations. She joined the OMERS nearly eight years ago as director of pension policy.…

  • December 10, 2020 January 21, 2021
  • 18:56
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iA Financial Group appoints Éric Jobin as EVP, group benefits and retirement solutions

iA Financial Group is appointing Éric Jobin as executive vice-president of group benefits and retirement solutions. Jobin had been in the role, on an interim basis, since March 2020. He…

  • December 10, 2020 January 22, 2021
  • 18:55

Tips for helping staff piece together their retirement income puzzle

Retirement income can be sliced into three broad categories: what an individual receives from their employer, what they receive from the government and everything else.…

Pension benefits continue to lead growth in Canadian insurance industry: CLHIA

Canadians received a record $103 billion in benefits from life and health insurers last year, up 60 per cent from a decade earlier, according to…

  • By: Staff
  • September 16, 2020 November 30, 2020
  • 09:00

2020 Consultants Report: Pandemic will fundamentally change benefits, pension plans

The coronavirus pandemic is fundamentally changing the future of work and, very likely, the nature of employer-sponsored benefits and pension plans. Looking to the end…

Newfoundland and Labrador residents can now unlock pension benefits

Newfoundland and Labrador residents can now unlock benefits held in locked-in retirement savings arrangements for reasons of financial hardship or non-residency in Canada. The changes…

  • By: Staff
  • March 3, 2021 March 3, 2021
  • 09:00

CLHIA calling for flexible annuity options, changes to TFSA rules

The Canadian Life and Health Insurance Association is calling on the federal government to provide Canadians with access to more-secure retirement income. In its submission…

  • By: Staff
  • March 1, 2021 March 1, 2021
  • 15:00

Canada’s pension system gets top grades in new benchmark

Canada’s pension system was ranked first overall among 15 countries in the Global Pension Transparency Benchmark. It ranked Canadian funds first in governance, citing the…

  • By: Staff
  • February 23, 2021 February 24, 2021
  • 15:00

PIAC comments on FSRA’s plan for missing plan members

The Pension Investment Association of Canada is expressing its support for the Financial Services Regulatory Authority of Ontario’s draft guidelines for pension plan sponsors dealing…

  • By: Staff
  • September 23, 2020 November 26, 2020
  • 09:30

Four trends in group retirement, investment programs

The coronavirus pandemic is highlighting many trends in group retirement and investment programs, pushing the industry to be flexible and quick with some of the newer offerings.…

  • September 22, 2020 November 26, 2020
  • 08:45

Alberta’s LAPP introducing new pension portal for members

Alberta’s Local Authorities Pension Plan is introducing a new secure section of its website where plan members can log in, access their personal account and…

  • By: Staff
  • August 20, 2020 November 26, 2020
  • 15:00

Pension funds saving with in-house asset management: survey

Canadian pension funds are seeing significant cost savings from in-house asset management but are still relying on external managers, according to a new survey from…

  • By: Staff
  • March 3, 2021 March 3, 2021
  • 09:00

CPPIB appointing John Graham as CEO following resignation of Mark Machin

The Canada Pension Plan Investment Board is appointing John Graham (pictured) as its new chief executive officer, following the resignation of Mark Machin. Graham was…

Canadian employer pension plans’ asset value rebounds to $2.12 trillion: report

The market value of assets held by Canadian employer pension plans increased to $2.12 trillion in the third quarter of 2020, according to a new report…

  • By: Staff
  • February 25, 2021 February 25, 2021
  • 10:00