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…
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…
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.…
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…
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,…
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…
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,…
OTTAWA — While one business leader took a relatively soft tone towards the Ontario Retirement Pension Plan in remarks at a pension event yesterday, another…
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…
Beau’s All Natural Brewing Company, an organic craft beer maker, is launching an employee share ownership plan on July 1 as it celebrates its 10-year…
The real-estate arm of Caisse de dépôt et placement du Québec is partnering with Claridge, a Montreal-based investment firm. Ivanhoé Cambridge aims to invest in a…
Alberta’s Office of the Superintendent of Pensions has given pension plans located in Fort McMurray a two-month extension to file their annual information returns and audited…
With many Canadians still reluctant to save for retirement, it’s time for plans to get more proactive about communicating the benefits of putting money away…
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…