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Great-West Life launches interactive savings site

Great-West Life launches interactive savings site

Great-West Life has launched smartPATH 2.0, an interactive online resource designed to help employers better engage their employees in retirement education, planning and saving.

  • December 11, 2013 September 13, 2019
  • 12:03

Guidance on governance options for target benefit plans

As the interest in target benefit plans grows, a new guide by Aon Hewitt says Canada’s pension industry needs to examine the range of choices…

  • December 11, 2013 September 13, 2019
  • 10:03
Auditor general calls OPG’s pensions “generous”

Auditor general calls OPG’s pensions “generous”

The pension plan at Ontario Power Generation is generous by any standard, according to the 2013 annual report by the province's auditor general.

  • By: Staff
  • December 10, 2013 September 13, 2019
  • 16:10
DB, DC need similar qualities

DB, DC need similar qualities

DB and DC plans should be more similar, according to Jim Leech, Ontario Teachers’ Pension Plan president and CEO.

Conservatives vote against NDP motion to expand CPP

Conservatives vote against NDP motion to expand CPP

The Conservatives voted down a motion by the National Democratic Party to expand the Canada Pension Plan in the House of Commons on Monday.

  • By: Staff
  • December 10, 2013 September 13, 2019
  • 10:28
Leech appointed as special advisor

Leech appointed as special advisor

Ontario Minister of Finance Charles Sousa has asked Jim Leech, the outgoing head of the Ontario Teachers' Pension Plan, to recommend ways to make electricity…

  • By: Staff
  • December 10, 2013 September 13, 2019
  • 10:01
Pension assets grew in 2012

Pension assets grew in 2012

Statistics Canada reports that pension wealth advanced to nearly $2.6 trillion by the end of last year, an increase of 9.1% from 2011.

  • By: Staff
  • December 10, 2013 September 13, 2019
  • 10:00
How to win members and influence behaviour

How to win members and influence behaviour

Dale Carnegie’s 1936 classic, How to Win Friends and Influence People, might have been written directly for DC plan sponsors. While plan sponsors can’t force…

Ontario has new rules for pension asset transfers

Ontario has new rules for pension asset transfers

Ontario’s new pension plan merger rules under new versions of section 80 (sale of business) and 81 (same employer mergers) of the Pension Benefits Act…

  • By: Staff
  • December 9, 2013 September 13, 2019
  • 10:52
NDP proposes CPP enhancement

NDP proposes CPP enhancement

The federal New Democratic Party is proposing to expand the Canada Pension Plan (CPP) and Quebec Pension Plan (QPP).

  • December 6, 2013 September 13, 2019
  • 16:52
Some employers support CPP expansion

Some employers support CPP expansion

A survey shows that an expanded Canada/Quebec Pension Plan (C/QPP) is considered to be the best way to improve Canada's retirement income system.

  • By: Staff
  • December 6, 2013 September 13, 2019
  • 10:22
Ontario seeks feedback on PRPPs

Ontario seeks feedback on PRPPs

The Ontario Ministry of Finance has released a discussion paper on pooled registered pension plans (PRPPs).

  • By: Staff
  • December 6, 2013 September 13, 2019
  • 10:10
N.B.’s SRPP model called “unfair”

N.B.’s SRPP model called “unfair”

The Professional Institute of the Public Service of Canada (PIPSC) says it deplores the repeal of New Brunswick's Public Service Superannuation Act (PSSA) and the…

  • By: Staff
  • December 6, 2013 September 13, 2019
  • 10:04

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…