FATCA: Growing pains for administrators
We are all familiar with the expression “the long arm of the law.” However, few laws’ arms are longer than that of the U.S. Foreign…
- By: Mark Firman
- March 9, 2015 September 13, 2019
- 11:27
We are all familiar with the expression “the long arm of the law.” However, few laws’ arms are longer than that of the U.S. Foreign…
Group pension buyout sales reached US$8.5 billion in the United States last year.
In Ontario, the regulator recently made it a requirement effective Jan. 1, 2016 for pension funds to disclose whether environmental, social and governance (ESG) factors…
The current version of the Ontario Retirement Pension Plan (ORPP) is problematical in its benefit design and how it's targeted, Keith Ambachtsheer writes in a…
The Ontario Retirement Pension Plan is needed because Ontarians' workplace pension plan coverage is low, and they aren't saving enough, according to Associate Minister of…
The Ontario Retirement Pension Plan (ORPP) is an unprecedented new mandatory provincial pension plan that represents the provincial government's "made-in-Ontario" solution for expanding pension coverage…
Ottawa needs to change federal tax rules so that they accommodate single-employer target benefit plans, according to a C.D. Howe Institute report.
BCE has reached an agreement to transfer the longevity risk for $5 billion of pension plan liabilities to Sun Life Financial.
The plunge in interest rates to new lows in recent years has made DB plan sponsors rethink whether their pension plans continue to be sustainable.…
Members of Acadia University's pension plan have voted in favour of transferring into the Public Service Superannuation Plan (PSSP).
Faced with growing pension risks, do target benefit plans offer security for sponsors?
If baby boomers aren’t prepared for retirement, who’s going to pick up the slack?
The House of Commons recently passed Bill C-518, which would revoke the pensions of politicians who are convicted of certain serious crimes.
In its 2026 budget, the Quebec government said it intends to enhance the appeal of voluntary retirement savings plans amid low uptake of the savings…
More than half (56 per cent) of plan members say email is the most effective way to communicate with them about their savings plans, according…
In its sophomore year under the Employee Savings Survey banner, Benefits Canada’s annual check in with plan members about their financial priorities and the condition of…
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…
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…
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…