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NDP cites universality in bid to remove DC plans from ORPP comparability

NDP cites universality in bid to remove DC plans from ORPP comparability

An effort by the NDP to clamp down on exemptions from the Ontario Retirement Pension Plan went down to defeat yesterday as debate on the…

  • By: Jann Lee
  • May 31, 2016 September 13, 2019
  • 09:56
Have your say: What are the prospects for CPP reform?

Have your say: What are the prospects for CPP reform?

With Canada’s finance ministers preparing for a meeting next month to discuss ways to enhance the Canada Pension Plan, what’s the likelihood of success? In an interview with Benefits Canada’s sister…

  • By: Staff
  • May 30, 2016 September 13, 2019
  • 16:50
Finance ministers schedule meeting to discuss CPP reform

Finance ministers schedule meeting to discuss CPP reform

Canada’s finance ministers have scheduled a meeting for June 19-20 in Vancouver to discuss ways to reform the Canada Pension Plan, the Globe and Mail…

  • By: Staff
  • May 30, 2016 September 13, 2019
  • 09:56
CPPIB’s fiscal report reflects long-term challenges for pension funds

CPPIB’s fiscal report reflects long-term challenges for pension funds

While the Canada Pension Plan Investment Board’s modest 3.4 per cent investment return announced last week will have minimal short-term effects, its investment income will have significant…

  • By: Jann Lee
  • May 27, 2016 September 13, 2019
  • 08:39
OPTrust executives in Washington to promote Canadian pension model

OPTrust executives in Washington to promote Canadian pension model

Executives from pension fund OPTrust travelled to Washington this week to meet with U.S. economic leaders and pension experts to strengthen ties and promote the Canadian pension…

  • By: Staff
  • May 27, 2016 September 13, 2019
  • 07:47
New federal pension disclosure rules coming into effect July 1

New federal pension disclosure rules coming into effect July 1

The federal Office of the Superintendent of Financial Institutions has introduced several new disclosure amendments for the pension plans it regulates that will come into effect…

  • By: Staff
  • May 26, 2016 September 13, 2019
  • 08:55
National employers face equity questions in deciding on ORPP

National employers face equity questions in deciding on ORPP

As companies consider their options around the Ontario Retirement Pension Plan, national employers with staff who work in Ontario and other provinces face additional questions about what to do.…

Just 49% of Americans participate in a workplace retirement plan: survey

Just 49% of Americans participate in a workplace retirement plan: survey

More than 40 per cent of full-time private sector employees in the U.S. say they lack access to either a pension or an employer-based retirement…

  • By: Staff
  • May 24, 2016 September 13, 2019
  • 16:33
Alberta’s public service pension reports 89% funded ratio

Alberta’s public service pension reports 89% funded ratio

Alberta’s Public Service Pension Plan has reported an expected funded ratio of 89 per cent at December 31, 2015, an increase of five percentage points since December 31,…

  • By: Staff
  • May 20, 2016 September 13, 2019
  • 08:53
CPPIB return drops to 3.4%, lowest since 2009

CPPIB return drops to 3.4%, lowest since 2009

The Canada Pension Plan Investment Board saw its net investment return for the fiscal year ended March 31, 2016 drop to 3.4 per cent, a decline of nearly 15 percentage…

  • By: Staff
  • May 19, 2016 September 13, 2019
  • 16:23
Mark Machin to replace Mark Wiseman at CPPIB

Mark Machin to replace Mark Wiseman at CPPIB

Mark Machin will replace Mark Wiseman’s role as president and chief executive officer of the Canada Pension Plan Investment Board on June 13. Since 2012,…

  • By: Staff
  • May 19, 2016 September 13, 2019
  • 10:49
Some businesses softening towards ORPP as exporters’ group calls for further delay

Some businesses softening towards ORPP as exporters’ group calls for further delay

OTTAWA — While one business leader took a relatively soft tone towards the Ontario Retirement Pension Plan in remarks at a pension event yesterday, another…

Video: Communication key to strong participation in Goodyear retirement options

Video: Communication key to strong participation in Goodyear retirement options

Communication and a willingness to consider diverse groups have been key as Goodyear Canada has embarked on changes to its retirement offerings. Goodyear, which employs…

Top 5 HR, benefits, pension and investment stories of the week

A story on how Organon Canada is supporting women employees at every stage of their career was the most-read story on BenefitsCanada.com. Here are the top…

  • By: Staff
  • April 19, 2024 April 18, 2024
  • 09:00

Feds seeking to boost domestic investments by Canadian institutional investors: budget

In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…

  • By: Staff
  • April 17, 2024 April 16, 2024
  • 09:00

Back to basics on investment glide paths

Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee…

Ontario court sides with IBM in pension benefits rectification case

An Ontario Superior Court ruling that allowed IBM Canada Ltd. to retrospectively rectify drafting errors that created unintended additional pension benefits for employees on disability…

FSRA focusing on target-benefit framework for MEPPs, sustainability of PBGF in 2024-25 annual plan

In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s…

  • By: Staff
  • April 17, 2024 April 16, 2024
  • 09:00

Where do Canadian institutional investors stand on calls for increased domestic investments?

A renewed call for increased domestic investments by Canadian pension plans isn’t surprising amid an ongoing discussion around the role of investment organizations in supporting the…

Clear, flexible regulations needed for target-benefit plans: report

Clear and flexible regulations that reflect the nature and diversity of target-benefit plans would allow these plans to thrive, according to a new report from…

  • By: Staff
  • March 19, 2024 March 18, 2024
  • 09:00

OPB working with employers to receive salary information of employees impacted by Bill 124

The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the…

  • By: Staff
  • March 12, 2024 March 13, 2024
  • 15:00

UPP keeping plan members engaged, informed with new web portal

The University Pension Plan is launching a new web portal to prioritize plan member engagement throughout the year. “Transparency is an important value to our…

How Ontario pay transparency legislation will impact employers

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…

Desjardins using budget workshops, interactive game to support employee financial wellness

Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…

  • By: Sadie Janes
  • November 24, 2023 November 23, 2023
  • 09:00

2023 Healthy Outcomes Conference: A closer look at the mental, physical, financial risk factors facing plan members

Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…