For capital accumulation plan (CAP) members, it’s tough trying to save money for retirement. How much should I save? How much is actually enough for…
Many Canadians in their late 40s and early 50s have large amounts of debt and little savings for retirement, CBC reports. On top of that,…
Canadian DB pension plans are taking a more proactive and long-term approach to risk in an effort to better cope with volatility. These are the…
The federal department in charge of retirement benefits has quietly been reviewing its protocols amid concerns that military spouses were wrongfully being rejected for old…
Edwin Cass, senior vice-president and chief investment strategist for the Canada Pension Plan Investment Board (CPPIB) spoke about the pension fund’s investment framework at the…
It doesn’t take much to make a B.C. registered pension plan (or a plan registered in another provincial jurisdiction with B.C. members) quickly become non-compliant…
With the snowballing shift from DB to DC pension plans over the last decade or two, Canadians have grown more accustomed to owning responsibility for…
What’s the best way to transfer DB risk? Here are three strategies.
After opening an office in Mumbai in late October, The Canada Pension Plan Investment Board (CPPIB) will now invest $2 billion in affordable housing in…
The debate about the merits of the proposed Ontario Retirement Pension Plan (ORPP) and a mandatory CPP expansion versus private pensions continues. But proposal opponents…
Canada Pension Plan Investment Board (CPPIB) is expanding its investments in the United States, including a US$350-million real estate deal. The transaction will give the…
Ontario Premier Kathleen Wynne says the first conversation she wants to have with Justin Trudeau once he’s sworn in as prime minister will be about…
The 180 MPs who were either defeated or didn’t seek re-election in the election will collect $5.3 million in annual pension payments, estimates the Canadian…
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…