Alberta Teachers’ Retirement Fund Board, along with Axium Infrastructure and Manulife Financial, have acquired Samsung Renewable Energy’s one-third interest in the K2 Wind Facility near Goderich,…
The Investment Funds Institute of Canada is getting a head start on the next federal budget by calling for changes to the treatment of group…
Saskatchewan’s pension regulator has set out proposals that include eliminating solvency funding for the province’s negotiated cost pension plans. Currently, all negotiated cost plans must…
Which type of pension plan is better: defined benefit or defined contribution? While the answer may seem obvious to some, the question was the subject…
With the third phase of the Client Relationship Model, Phase 2 (CRM2) rules around fee disclosure in Canada now in effect and new regulatory actions…
Group registered retirement savings plans were in the hot seat when the Ontario government declared they wouldn’t be comparable for the purposes of the Ontario…
The Client Relationship Model is a regulatory effort designed to help clarify investment performance and costs for investors. Phase 1 What it involves: New disclosure…
The Ontario Teachers’ Pension Plan – along with RedBird Capital Partners and Aethon Energy Management – will acquire J-W Energy’s assets in north Louisiana and northeast…
Most financial professionals — not to mention the government — are still working through the changes announced in the 2016 federal budget, but the Investment…
Defined benefit pension risk is as much in the spotlight today as ever and remains a significant issue for plan sponsors, even when the sponsor’s…
The Canadian Life and Health Insurance Association is introducing a new online resource for people nearing retirement. The association launched Retiring Soon? this week after its financial literacy committee noted…
Ontario Teachers’ Pension Plan is adding to its industrial and energy portfolio through the acquisition of Aurora Plastics Inc. Founded in 1997, Aurora Plastics produces…
Following a settlement reached by the parties, the United States District Court for the District of Columbia has dismissed the U.S. Department of Labour’s lawsuit against…
Canadian plan members reported a significant drop in the amount they believe they need to retire — from roughly $1.4 million in 2023, 2024 and…
While the percentage of plan members who describe their personal financial situation as significantly or somewhat better than last year decreased from 42 per cent…
Methodology improvements are pushing the life expectancy of Canadian retirees and surviving spouses by roughly one year to age 65 as of Jan. 1, 2024,…
In its 2026 budget on Thursday, the Ontario government proposed doubling the pension benefits guarantee fund’s monthly guarantee limit from $1,500 to $3,000 for all…
The bankruptcy of the Hudson Bay Co. and subsequent loss of promised supplemental employee/executive retirement plan benefits to executives has caused many to rethink the…
Derek Dobson, chief executive officer and plan manager at the Colleges of Applied Arts and Technology’s pension plan, is departing the organization following a formal…
Bell Canada’s defined benefit and defined contribution pension plans are both overseen by the same pension committee. The meeting cadences differ, but the committee leans…
Employers can reinforce the value of their workplace retirement plans by communicating to plan members about the importance of having money later versus money now,…
The Financial Services Regulatory Authority of Ontario is marking its fourth annual Pension Awareness Day today by encouraging employees to understand their employer-sponsored retirement plan…
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…