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Top Stories in Pensions

Why the ORPP is a good move

Why the ORPP is a good move

The time is right to shore up our retirement system, and the Ontario Retirement Pension Plan (ORPP) is a step in the right direction.

Voluntary CPP expansion wouldn’t change the way Canadians save

Voluntary CPP expansion wouldn’t change the way Canadians save

In May, the Conservative government said it will look into allowing Canadians to voluntarily put more of their earnings into the Canada Pension Plan. Announced…

Ontario demands feds co-operate on ORPP

Ontario demands feds co-operate on ORPP

The Government of Ontario wants the federal government to reverse its decision not to help the province implement the Ontario Retirement Pension Plan (ORPP).

U.S. public pension contributions may rise as returns lag

U.S. public pension contributions may rise as returns lag

Investment returns below public pension plans' benchmarks mean that future contributions from participating state and local governments will have to rise in order to recover…

  • By: Staff
  • July 29, 2015 September 13, 2019
  • 12:30
Does your pension data need a refresh?

Does your pension data need a refresh?

A pension management task that doesn’t receive much attention is the need to collect and maintain detailed data relating to individual pension plan members. While…

  • July 24, 2015 September 13, 2019
  • 11:27
DB plan membership declines

DB plan membership declines

The number of Canadian workers with DB plans has continued to decline, says Statistics Canada.

  • By: Staff
  • July 22, 2015 September 13, 2019
  • 11:55
CPP enhancement, ORPP could reduce voluntary savings: Report

CPP enhancement, ORPP could reduce voluntary savings: Report

A mandatory CPP expansion or the Ontario Retirement Pension Plan (ORPP) could lead to a reduction in voluntary savings, finds a Fraser Institute study.

  • By: Staff
  • July 21, 2015 September 13, 2019
  • 11:09
CARP wants Ottawa to reverse decision to obstruct ORPP

CARP wants Ottawa to reverse decision to obstruct ORPP

CARP is calling the federal government’s refusal to allow Ontarians to use the CPP payroll deduction system to contribute to Ontario’s provincial pension plan a…

  • By: Staff
  • July 21, 2015 September 13, 2019
  • 09:58
Low interest rates drive down income replacement levels

Low interest rates drive down income replacement levels

Capital accumulation plan (CAP) sponsors and members continue to wrestle with the concept of “adequate” retirement income.

  • By: Staff
  • July 20, 2015 September 13, 2019
  • 12:17
DB plan pressures spur sponsors to take action

DB plan pressures spur sponsors to take action

American plan sponsors have been spurred to action by a perfect storm of pressures on their DB plans, finds the Mercer/CFO Research 2015 Risk Survey.

  • By: Staff
  • July 20, 2015 September 13, 2019
  • 11:07
Ottawa won’t co-operate on ORPP

Ottawa won’t co-operate on ORPP

Finance Minister Joe Oliver is telling Ontario the federal government will not co-operate in any way with the province's move to create its own pension…

The rise of financial robo-advisors

The rise of financial robo-advisors

Could robo-advisors be the nudge plan sponsors need to offer members investment advice?

Federal government aims to streamline PRPP oversight

Federal government aims to streamline PRPP oversight

The federal government has launched a public comment period for an agreement intended to streamline the oversight of pooled registered pension plans (PRPPs).

  • By: Staff
  • July 16, 2015 September 13, 2019
  • 12:28

Survey finds Canadians estimate they need an average of $976,835 to retire

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…

Fewer plan members describing financial situation as better, worse than last year: survey

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…

Rising life expectancy increasing liabilities, service costs for pension plan sponsors: CIA

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,…

Ontario proposing increase to PBGF’s monthly guarantee limit, cost reductions for pension plan administrators

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…

Sounding Board: How SERPs can support financial wellness, retirement readiness

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…

CAAT CEO departing following leadership crisis, paying back $1.6 million vacation payout

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…

  • By: Staff
  • March 6, 2026 March 6, 2026
  • 15:00

What can DC pension committees learn from DB plan governance?

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…

Communication key to reinforcing value of workplace retirement plans: report

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,…

  • By: Staff
  • March 5, 2026 March 4, 2026
  • 09:00

Pension Awareness Day 2026: FSRA highlighting plan member education, retirement readiness

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…

  • By: Blake Wolfe
  • February 19, 2026 February 18, 2026
  • 09:00

Amazon Canada’s new estate planning benefit key to financial wellness win

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 benefits program awarded for balancing innovation, sustainability

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…

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…

  • By: Sadie Janes
  • December 4, 2023 December 1, 2023
  • 09:00