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Top Stories in Pensions

Sun Life boosts Hong Kong presence through pension acquisition

Sun Life boosts Hong Kong presence through pension acquisition

Sun Life Financial Inc. is boosting its presence in Hong Kong through the acquisition of the pension business of FWD Life Insurance Co. Ltd. “Expanding…

  • By: Staff
  • August 3, 2016 September 13, 2019
  • 10:51
Canadian pension plans steady despite Brexit uncertainty

Canadian pension plans steady despite Brexit uncertainty

Canadian pension funds seem to have fared well despite the short-term market volatility that ensued following Britain’s vote to leave the European Union, but a…

  • By: Jann Lee
  • August 3, 2016 September 13, 2019
  • 10:37
75-year-old retiree finds ‘real joy’ in returning to Sun Life as an intern

75-year-old retiree finds ‘real joy’ in returning to Sun Life as an intern

Robert De Niro may have changed the way Sun Life Financial Inc. looks at its intern program. “One rainy day a few months ago, I…

Have your say: Were the ORPP costs reasonable?

Have your say: Were the ORPP costs reasonable?

Do you agree with Ontario spending $70 million on the now-abandoned Ontario Retirement Pension Plan? Last week, the provincial government released the costs for the…

  • By: Staff
  • August 2, 2016 September 13, 2019
  • 11:06
PSP Investments acquires majority stake in consumer goods manufacturer

PSP Investments acquires majority stake in consumer goods manufacturer

The Public Sector Pension Investment Board and private equity firm BC Partners will be acquiring a majority stake in consumer goods manufacturer Keter Group. Based…

  • By: Staff
  • July 29, 2016 September 13, 2019
  • 11:00
How can employers prepare for the CPP expansion?

How can employers prepare for the CPP expansion?

Employers should start reviewing their current retirement plans to prepare for the 2019 expansion of the Canada Pension Plan, according to a Willis Towers Watson…

  • By: Staff
  • July 29, 2016 September 13, 2019
  • 09:00
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Membership in pension plans increased 1.2% in 2014: Statistics Canada

The number of workers in Canada who were members of a registered pension plan increased to more than six million people in 2014, according to…

  • By: Staff
  • July 29, 2016 June 30, 2025
  • 09:00
Severance payments criticized as Ontario puts ORPP spending at $70M

Severance payments criticized as Ontario puts ORPP spending at $70M

The Ontario government spent up to $70 million on developing the now-abandoned Ontario Retirement Pension Plan, according to new figures released by the province. The…

  • By: Glenn Kauth
  • July 28, 2016 September 13, 2019
  • 16:24
Pension changes among issues in consultations on GST rules

Pension changes among issues in consultations on GST rules

The federal Department of Finance has released draft legislative and regulatory proposals dealing with the goods and services tax issues that apply to pension plans. The proposals…

  • By: Staff
  • July 28, 2016 September 13, 2019
  • 09:14
Eliminating solvency funding on the table as Ontario reviews DB rules

Eliminating solvency funding on the table as Ontario reviews DB rules

Eliminating the solvency-funding requirement is among the possibilities as the Ontario government launches consultations on revamping the funding rules for the province’s defined benefit pension plans. In…

  • By: Glenn Kauth
  • July 27, 2016 September 13, 2019
  • 11:21
Grads optimistic about jobs despite freelance economy, study finds

Grads optimistic about jobs despite freelance economy, study finds

Despite all of the talk about precarious job prospects for young people, a new survey has found a large number of those in or just…

B.C. Investment Management Corp. sees return drop 14 percentage points

B.C. Investment Management Corp. sees return drop 14 percentage points

British Columbia Investment Management Corp. has reported a -0.2 per cent return for its fiscal year ended Mar. 31, 2016, down from a 14.2 per cent…

  • By: Staff
  • July 22, 2016 September 13, 2019
  • 15:18
OPSEU appoints pension analyst to OPTrust’s board

OPSEU appoints pension analyst to OPTrust’s board

OPSEU has appointed Giulia Volpe to OPTrust’s board of trustees. Volpe is a pension analyst with the Ontario Pension Board in Toronto. She has more…

  • By: Staff
  • July 22, 2016 September 13, 2019
  • 15:15

Survey finds Canadians estimate they need an average of $976,835 to retire

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…

Fewer plan members describing financial situation as better, worse than last year: survey

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…

Rising life expectancy increasing liabilities, service costs for pension plan sponsors: CIA

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,…

Ontario proposing increase to PBGF’s monthly guarantee limit, cost reductions for pension plan administrators

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…

Sounding Board: How SERPs can support financial wellness, retirement readiness

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…

CAAT CEO departing following leadership crisis, paying back $1.6 million vacation payout

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…

  • By: Staff
  • March 6, 2026 March 6, 2026
  • 15:00

What can DC pension committees learn from DB plan governance?

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…

Communication key to reinforcing value of workplace retirement plans: report

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,…

  • By: Staff
  • March 5, 2026 March 4, 2026
  • 09:00

Pension Awareness Day 2026: FSRA highlighting plan member education, retirement readiness

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…

  • By: Blake Wolfe
  • February 19, 2026 February 18, 2026
  • 09:00

Amazon Canada’s new estate planning benefit key to financial wellness win

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 benefits program awarded for balancing innovation, sustainability

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…

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…

  • By: Sadie Janes
  • December 4, 2023 December 1, 2023
  • 09:00