Canadian retirees are living on 62% of income
Canadian retirees are living on 62% of the income they had before retiring, according to a new report. The Sun Life Financial Retirement Now Report…
- By: Staff
- February 18, 2016 September 13, 2019
- 09:15
Top Stories in Pensions
CPP to be expanded within the year
The Canada Pension Plan will be enhanced in 2016, says federal Finance Minister Bill Morneau. “Our goal is to work together with all provinces and…
- By: Staff
- February 17, 2016 September 13, 2019
- 11:45
ORPP delay welcomed, but more support needed
The Ontario Chamber of Commerce and the Canadian Federation of Independent Business are just two of the organizations encouraged by the provincial government’s announcement Tuesday…
- By: Jennifer Paterson
- February 17, 2016 September 13, 2019
- 09:24
92% of pension funds plan to upgrade governance: report
The vast majority (92%) of pension funds are planning to upgrade their governance model over the next 12 months, according to new research by State…
- By: Jennifer Paterson
- February 17, 2016 September 13, 2019
- 09:08
Co-op Atlantic staff facing 30% pension reduction
Some 1,200 employees and retirees of Co-op Atlantic are facing a 30% reduction in their pension. According to pension administrator Eckler, which was appointed after Co-op Atlantic filed…
- By: Staff
- February 16, 2016 September 13, 2019
- 16:34
ORPP delay a ‘wise’ move
The Association of Canadian Pension Management is welcoming today’s announcement of a one-year delay to the Ontario Retirement Pension Plan. “We welcome it,” says ACPM…
- By: Glenn Kauth
- February 16, 2016 September 13, 2019
- 11:25
Canadians’ retirement savings ‘wholly inadequate’
The value of retirement assets of Canadians aged between 55 and 64 without an employer pension is “wholly inadequate” at an overall median value of just…
- By: Staff
- February 16, 2016 September 13, 2019
- 09:59
Gallagher appoints Henry Toby
Employee benefits consulting and brokerage firm Gallagher has appointed Henry Toby as senior vice president of group benefits and retirement for the Ontario region. In…
- By: Staff
- February 15, 2016 September 13, 2019
- 09:10
ORPP delay, GST relief on investment association’s budgetary wish list
The Portfolio Management Association of Canada is adding its voice to groups calling for a delay to the introduction of the Ontario Retirement Pension Plan.…
- By: Glenn Kauth
- February 12, 2016 September 13, 2019
- 11:36
Manulife sees 62% drop in Q4 profit
Manulife Financial saw a 62% drop in fourth-quarter profit, largely from losses in its oil and gas investments, according to a report published Thursday. The Toronto-based company…
- By: Jennifer Paterson
- February 12, 2016 September 13, 2019
- 09:14
Greek farmers clash with riot police in pensions protest
Greek farmers wielding shepherd’s staffs and throwing rocks clashed with riot police in Athens on Friday as thousands headed to the capital for a two-day…
- By: Elena Becatoros, The Associated Press
- February 12, 2016 September 13, 2019
- 09:10
Ontario Teachers’ makes further appointments
Following the appointment of a new CIO in January and a reshuffling of its investment team last week, the Ontario Teachers’ Pension Plan has made…
- By: Staff
- February 11, 2016 September 13, 2019
- 13:27
CLHIA calls for one-year delay to ORPP
The Canadian Life and Health Insurance Association (CLHIA) has called for a one-year delay of the ORPP. In its 2016 Ontario Budget Submission, written to Ontario Minister…
- By: Jennifer Paterson
- February 11, 2016 September 13, 2019
- 10:05
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…
- By: Sonya Singh
- April 2, 2026 April 1, 2026
- 09:00
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…
- By: Blake Wolfe
- April 1, 2026 March 31, 2026
- 09:00
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,…
- By: Bryan McGovern
- March 26, 2026 March 26, 2026
- 11:00
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…
- By: Blake Wolfe
- March 27, 2026 March 27, 2026
- 09:00
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…
- By: Roy W. Craik
- March 11, 2026 March 10, 2026
- 09:00
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…
- By: Kelsey Rolfe
- March 6, 2026 March 6, 2026
- 08:54
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…
- By: Bryan McGovern
- October 28, 2024 November 6, 2024
- 09:00
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…
- By: Lauren Bailey
- October 25, 2024 November 6, 2024
- 09:00
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