Alberta Investment Management Corporation (AIMCo) has appointed Remco van Eeuwijk as chief risk officer, effective May 2, 2016. With more than 15 years of experience,…
Pension plan administrators have a fiduciary duty to invest plan assets prudently and in the best interests of plan beneficiaries. This much, to quote Jane…
Following on from its appointment of a new chief investment officer, the Ontario Teachers’ Pension Plan (OTPP) has made a series of appointments to its investment…
The Canada Pension Plan (CPP) is more costly than five public sector pension plans, according to a new report by the Fraser Institute. The report…
The Canada Pension Plan Investment Board and Quebec’s Caisse de depot are among institutional investors seeking greater transparency from three of the world’s biggest mining…
Mercer Canada has launched an online marketplace that is aimed at revolutionizing the bulk annuity market for defined benefit (DB) pension plans. The Mercer Pension…
Greece’s leftwing-led government is entering a new round of negotiations with its creditors over progress on the latest bailout program, amid angry union reactions to…
A special group assigned to help deal with a massive backlog of appeals around employment insurance and other social security benefits isn’t winding down anytime…
Sun Life Financial has launched a digital enrolment tool that aims to simplify the way Canadians save for retirement at work. The tool, MAX my…
Since most employer-sponsored plans allow employees to save painlessly through payroll deductions – often with a top-up from the company – the money is invested automatically and…
Canada’s top economists, strategists and portfolio managers expect tepid growth for Canada in the near term, which will result in continued low interest rates, modest…
As the Ontario government continues to forge ahead with its plans for the Ontario Retirement Pension Plan (ORPP) by announcing new details and features this…
More than half (54%) of Canadians are making saving for the long term, including retirement, their primary financial priority, according to a new survey. 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…