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Alberta Teachers’ Association files legal challenge to pension order

The Alberta Teachers’ Association is taking legal action against the recent ministerial order enacted on several of the province’s pension plans, including the Alberta Teachers’…

  • By: Staff
  • March 19, 2021 March 19, 2021
  • 09:00

Editorial: Helping turn retirement dreams into reality pays off

Remember those Freedom 55 ads that always seemed to be on TV in the ‘80s and ‘90s? I recently went down a YouTube rabbit hole…

How the TTC Pension Fund Society is staying on track during the coronavirus crisis

Since last March, the coronavirus pandemic has derailed the best-laid plans of many organizations, including the Toronto Transit Commission. With so many white-collar employees working…

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The Royal Mail Group’s road to offering U.K. employees a collective DC plan

The Royal Mail Group Ltd. will soon make history in the United Kingdom by becoming the first employer to sponsor an entirely new type of…

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St. John Ambulance joining CAAT’s DBplus pension

Approximately 500 members of the St. John Ambulance pension plan are joining the Colleges of Applied Arts and Technology pension plan’s DBplus arrangement. The not-for-profit…

  • By: Staff
  • March 18, 2021 March 19, 2021
  • 15:00
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Stock options driving loyalty, hard work among employees: study

Employees that include company stock in their overall financial planning are more loyal and have a higher output level, according to new research conducted in…

  • By: Staff
  • March 17, 2021 March 17, 2021
  • 09:00

Are target benefit pension plans the answer to a secure, sustainable retirement?

More Canadian employers should consider target benefit pension plans for their employees these days. The model is gaining steam. In mid-December, 2020, the Quebec legislator signed…

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Young Canadians focusing on retirement, financial security amid coronavirus crisis: survey

Young Canadians are increasingly planning their financial futures as the world faces down the second the year of the coronavirus pandemic, according to a new…

  • By: Staff
  • March 16, 2021 March 15, 2021
  • 09:00

Alberta looking at next steps to pull out of the CPP: Kenney

Alberta Premier Jason Kenney says his government will make a decision this spring on whether to pursue pulling Alberta out of the Canada Pension Plan.…

Women retiring two years later, with 30 per cent less wealth, than men: report

Although women must work two years longer than men to be retirement ready, they still retire with 30 per cent less wealth than their male…

  • By: Staff
  • March 10, 2021 March 10, 2021
  • 17:37
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Funding status down, alternative investments up among DB pension plans: survey

The funding status and confidence of Canadian defined benefit pension plans declined in 2020 amid the coronavirus pandemic and a low interest-rate environment, according to…

  • By: Staff
  • March 5, 2021 March 5, 2021
  • 09:00
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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

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…

FSRA advising DB MEPPs on governance, risk-management practices

The Financial Services Regulatory Authority of Ontario is issuing leading practices for the province’s defined benefit multi-employer pension plans, in the areas of governance, risk management and…

  • By: Staff
  • March 26, 2021 March 30, 2021
  • 09:00

Ontario’s budget highlights pension benefits, ongoing support for employers and employees

In its 2021 budget on Wednesday, the Ontario government said it’s requiring pension plan administrators to calculate and report their plan’s claim exposure to the…

  • By: Staff
  • March 25, 2021 March 25, 2021
  • 09:00

Canadian MEPPs facing challenges due to provincial funding requirements, plan growth

Canada’s multi-employer pension plans are facing a wide range of challenges, from funding requirements to future growth, according to a recent webinar hosted by the…

Canadians’ financial well-being on the decline: survey

The financial well-being of Canadians has declined over the last year, according to a new survey by Morneau Shepell Ltd. It rated Canadians’ overall financial…

  • By: Staff
  • February 11, 2021 March 24, 2021
  • 09:00

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

Ontario Teachers’ investing in legal tech co., supporting franchise operator’s expansion

The Ontario Teachers’ Pension Plan is getting into the legal technology business after agreeing a strategic investment in software provider Miratech. Miratech’s legal and compliance…

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…