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Top Stories in Pensions

Ottawa seeks feedback on voluntary CPP

Ottawa seeks feedback on voluntary CPP

The Government of Canada has officially started consultations for a voluntary supplement to the Canada Pension Plan (CPP).

  • By: Staff
  • July 14, 2015 September 13, 2019
  • 11:00
Video: Can auto features work in Canadian DC plans?

Video: Can auto features work in Canadian DC plans?

The main deterrent for some employers is the increased costs that would result. Another reason is, employers prefer not to force enrollment on employees who…

Wynne promotes ORPP’s advantages

Wynne promotes ORPP’s advantages

The Ontario Retirement Pension Plan (ORPP) will help give technology companies a "recruitment advantage," according to Ontario Premier Kathleen Wynne.

Nova Scotia provides framework for new pension plan designs

Nova Scotia provides framework for new pension plan designs

Among the numerous changes in Nova Scotia’s new Pension Benefits Act (PBA) and Regulations that took effect on June 1, 2015, is a framework for…

  • By: Staff
  • July 3, 2015 September 13, 2019
  • 11:10
Global uncertainty hurts pension health

Global uncertainty hurts pension health

The financial health of Canadian DB pensions declined sharply this week after improving through most of the second quarter, says Aon.

  • By: Staff
  • July 3, 2015 September 13, 2019
  • 10:01
Video: The transition to retirement from DC

Video: The transition to retirement from DC

To successfully transition a member to retirement from a DC plan requires four pillars: people, platform, product and price. Any transition should make people a…

Greece needs to tackle its pension problems

Greece needs to tackle its pension problems

Greece is on the verge of an economic collapse and its pension system is partially to blame.

Video: 5 risks in retirement

Video: 5 risks in retirement

On the road to retirement, members must overcome five major risks: market, timing, inflation, shortfall and longevity. Plan sponsors need to be aware of these…

Video: The benefits of offering a decumulation program

While most DC plan sponsors view retirement as the end of their relationship with their employees, some plan sponsors are taking an alternate approach by…

Pension health improves

Pension health improves

The solvency position of Canadian pension plans rose in the second quarter of 2015 because of rising interest rates.

  • By: Staff
  • June 29, 2015 September 13, 2019
  • 10:24
Video: Decumulation products and solutions

Video: Decumulation products and solutions

There are two impediments to moving forward with decumulation. One is structural: plan sponsors are reluctant to take on additional fiduciary responsibility. In 2014, the…

Union rejects new pension offer: Halifax Water

Union rejects new pension offer: Halifax Water

A lockout at the Halifax Regional Water Commission continues after the latest round of talks ended without agreement between the utility and the union for…

OAS benefit amount increases

OAS benefit amount increases

The quarterly benefit amounts for Old Age Security (OAS) for July to September 2015 have been announced by Employment and Social Development Canada.

  • By: Staff
  • June 26, 2015 September 13, 2019
  • 10:35

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