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Is the supplementary pension plan back?

Is the supplementary pension plan back?

Canada’s top pension guru said his idea for a supplementary pension plan has risen again.

Collaboration leads to affordable pension plan solution

When faced with issues regarding the sustainability of its DB pension plan, Saint John Energy, an electrical distribution utility servicing the City of Saint John,…

Near-retirees don’t know much about pensions

Near-retirees don’t know much about pensions

Canadians nearing retirement are confident they have enough money to live the retirement lifestyle they desire, but many do not know how much retirement income…

  • By: Staff
  • February 19, 2014 September 13, 2019
  • 15:14
CalPERS adopts new demographic assumptions

CalPERS adopts new demographic assumptions

The California Public Employees’ Retirement System board of administration has approved new demographic assumptions, which it says are designed to ensure greater sustainability and soundness…

  • By: Staff
  • February 19, 2014 September 13, 2019
  • 14:08
Replacement income levels generated by CAPs increase

Replacement income levels generated by CAPs increase

Replacement income levels generated by capital accumulation plans increased to 64% in the fourth quarter of 2013, according to Eckler’s Capital Accumulation Plan Income Tracker.

  • By: Staff
  • February 19, 2014 September 13, 2019
  • 10:29
Rhode Island, unions reach pension settlement

Rhode Island, unions reach pension settlement

The Rhode Island government and attorneys representing public employee unions and retiree coalitions challenging changes to the state's pension system have reached a settlement agreement…

  • By: Staff
  • February 18, 2014 September 13, 2019
  • 11:04
De-risking not universal

De-risking not universal

With 2013 well and truly over, a number of us begin to prepare for committee meetings—if they haven’t already been held—to discuss performance. Supported by…

  • February 14, 2014 September 13, 2019
  • 11:15
Alberta pensions need better risk management: Auditor

Alberta pensions need better risk management: Auditor

A report by Alberta's auditor general finds that while public sector pension plan boards have implemented risk management systems, there's no clear responsibility for coordinating…

  • By: Staff
  • February 14, 2014 September 13, 2019
  • 10:40
New all-Canadian pension mortality tables, improvement scales released

New all-Canadian pension mortality tables, improvement scales released

The Canadian Institute of Actuaries has issued the first-ever mortality tables and mortality improvement scales that are based on pensioner mortality experience in this country.

  • By: Staff
  • February 13, 2014 September 13, 2019
  • 12:15
The benefits of merging Ontario pension plans

The benefits of merging Ontario pension plans

As part of the ongoing reforms to the Ontario Pension Benefits Act, major changes were made to Ontario’s pension asset transfer rules, effective Jan. 1,…

  • February 13, 2014 September 13, 2019
  • 10:28
Study: Ontario should address public sector pensions, pay

Study: Ontario should address public sector pensions, pay

The difference between public and private sector wages for equivalent jobs in Ontario—after a decade of steady increase—currently costs more than $1 billion a year…

  • By: Staff
  • February 11, 2014 September 13, 2019
  • 16:26
MFS LifePlan funds address home-country bias

MFS LifePlan funds address home-country bias

MFS Investment Management Canada Ltd. has announced changes to its Canadian LifePlan Funds to address home-country investment bias.

  • By: Staff
  • February 10, 2014 September 13, 2019
  • 15:29
Game on: A new way to learn about retirement savings

Game on: A new way to learn about retirement savings

Sun Life Financial has launched a new online program that incorporates a gamification strategy to engage workers in learning more about their workplace retirement and…

  • By: Staff
  • February 7, 2014 September 13, 2019
  • 14:50

More than £50 billion in U.K. pension benefits at risk of being lost, misplaced: study

More than £50 billion in U.K. pension benefits were at risk of being misplaced in abandoned accounts or scattered across multiple lost pots in 2023,…

  • By: Staff
  • March 25, 2024 March 25, 2024
  • 15:00

Employees of Canadian energy companies joining CAAT’s DBplus pension plan

Employees of Candu Energy Inc., Canadian Nuclear Laboratories and Global First Power are joining the Colleges of Applied Arts and Technology’s DBplus pension plan. Unionized…

  • By: Staff
  • March 21, 2024 March 21, 2024
  • 15:00

Clear, flexible regulations needed for target-benefit plans: report

Clear and flexible regulations that reflect the nature and diversity of target-benefit plans would allow these plans to thrive, according to a new report from…

  • By: Staff
  • March 19, 2024 March 18, 2024
  • 09:00

Ontario continues work on infrastructure bank, target-benefit pension plan framework

In its 2024 budget on Tuesday, the Ontario government reiterated its support for a provincial infrastructure bank to leverage public sector pension investments. The bank,…

  • By: Staff
  • March 27, 2024 March 27, 2024
  • 15:00

Group annuity market growing as DB pension plans move to de-risk

Ford of Canada’s recent transfer of $923 million in pension liabilities to Desjardins Group, RBC Insurance and Sun Life Assurance Co. of Canada augurs well…

FSRA names Andrew Fung EVP of pensions

The Financial Services Regulatory Authority of Ontario is appointing Andrew Fung as executive vice-president of pensions, effective March 11, 2024. Fung first joined the Financial…

  • By: Staff
  • March 20, 2024 March 20, 2024
  • 15:00

OPB working with employers to receive salary information of employees impacted by Bill 124

The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the…

  • By: Staff
  • March 12, 2024 March 13, 2024
  • 15:00

UPP keeping plan members engaged, informed with new web portal

The University Pension Plan is launching a new web portal to prioritize plan member engagement throughout the year. “Transparency is an important value to our…

OMERS pension benefits accounted for 9.3% of Ontario retirement income in 2023: report

Retirement benefits paid out by the Ontario Municipal Employees Retirement System accounted for 9.3 per cent of retirement income in Ontario in 2023, according to…

  • By: Blake Wolfe
  • February 15, 2024 February 14, 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…

Desjardins using budget workshops, interactive game to support employee financial wellness

Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…

  • By: Sadie Janes
  • November 24, 2023 November 23, 2023
  • 09:00

2023 Healthy Outcomes Conference: A closer look at the mental, physical, financial risk factors facing plan members

Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…