It’s been a busy season for backtracking on government efforts to rein in the costs of pension and benefits programs. In March, the federal Liberals…
It’s been a bumpy year on global stock markets and at least some plan sponsors appear to be fastening their seatbelts in anticipation of more…
“These Canadians own your town,” Fortune magazine declared in December 2015, referring to the massive infrastructure and real estate investments Canadian pension funds have made…
While the Ontario Retirement Pension Plan has provoked some apprehension about a potentially negative impact on defined contribution pension plans, a Benefits Canada survey of…
While at a previous job with a school board, Karla Kochan would often see teachers quickly scale back their retirement plans after they had stopped…
Canada’s workplace pension system is going through a recalibration due in part to an aging population and demographic shifts, declining coverage and unpredictable financial markets.…
Pension funds should hire highly qualified candidates to manage investments even if it means paying them handsome six-figure salaries, pension expert Keith Ambachtsheer said at…
Canadian employees born after 1971 can expect to receive a rate of return of just 2.1 per cent on their Canada Pension Plan contributions, according to a…
The median solvency ratio of Canadian defined benefit pension plans stood at 86.1 per cent at the end of April, an increase of 2.4 percentage…
Canadian pension funds are falling behind their international peers when it comes to climate change risk management, according to an annual report released yesterday. “Climate…
As the drive towards target-benefit pension plans continues to make headway in Canada, litigation risk for their sponsors is on the rise. The jurisprudence is…
In the 25-year history of the goods and services tax, its application to investment fees has been the subject of a series of battles between the…
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…