Are you interested in forecasting your pension plan’s funded position? If so, read on. In fact, you can even determine your plan’s expected average contributions…
Several thousand lawyers marched to parliament Thursday to protest a planned overhaul of the pension system by Greece’s government. Chanting “No retreat till we’re vindicated,” the lawyers…
Associate Minister of Finance Mitzie Hunter has written to Ontario Premier Kathleen Wynne with the latest progress report for the Ontario Retirement Pension Plan (ORPP). While the…
Another year has passed, and once again the Nova Scotia Health Employees’ Pension Plan won and my personal RRSP lost. I’m talking about the annual investment return…
Plan sponsor Nyhart Actuary and Employee Benefits (Nyhart) has re-enrolled its employees into Russell Adaptive Retirement Accounts, developed by global asset manager Russell Investments. Russell…
Members of the Royal Ontario Museum pension plan have chosen to join the Colleges of Applied Arts and Technology pension plan. The merger is the first…
To stay up to date on legislative changes in the pension industry, it is important to bookmark a few key dates for 2016. January 1,…
The solvency position of Canadian pension plans were down slightly in 2015, according to the latest Mercer Pension Health Index. The median solvency ratio of…
Major changes to the rules around the funding of private sector defined benefit pension plans took effect on January 1, 2016 in Quebec. The changes in Bill…
If you want something done right, do it yourself. This cliché rings true for more and more pension funds worldwide. Looking to save on investment…
The Canada Pension Plan Investment Board (CPPIB) is committing an additional US$1 billion to logistics investments in China. The funds will be allocated to the…
The Conference Board of Canada says the proposed Ontario Retirement Pension Plan (ORPP) will mean long-term increases in income that offset the small negative effect…
The U.S. Federal Reserve’s recent 25-basis-point rate hike—the first one since the 2008 meltdown—won’t affect the funded status of Canadian defined benefit pension plans, experts…
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…