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A tale of two pension plans’ liabilities

A tale of two pension plans’ liabilities

Two American companies have announced they would sell major media properties over the last few days, yet the fate of the pension liabilities are different.

  • By: Staff
  • August 7, 2013 September 13, 2019
  • 09:38
Longer lives pose risks for all plan sponsors

Longer lives pose risks for all plan sponsors

New figures confirm that life expectancy in Canada has increased—a trend that, in the eyes of experts, poses a threat for the sponsors of both…

U.S. public pension funds see gains, corporate plans record losses

U.S. public pension funds see gains, corporate plans record losses

The second quarter of 2013 brought modest gains for public pension funds in the United States while delivering losses to corporate pension plans, according to…

  • By: Staff
  • August 6, 2013 September 13, 2019
  • 16:16
OMERS hires entrepreneur in residence

OMERS hires entrepreneur in residence

OMERS Ventures, the venture capital investment arm of the OMERS pension plan, is hiring Haroon F. Mirza for the newly created role of entrepreneur in…

  • By: Staff
  • August 6, 2013 September 13, 2019
  • 16:10
What Carrigan teaches us about pension communication

What Carrigan teaches us about pension communication

If you haven’t told your plan members about Carrigan v. Carrigan Estate, you’re not alone. Not only did the original decision catch the industry off-guard,…

As DC members keep saving, withdrawal levels stay low

As DC members keep saving, withdrawal levels stay low

In the first quarter of 2013, DC plan members in the United States maintained the same contribution rate observed in the first quarter of 2012,…

  • By: Staff
  • August 1, 2013 September 13, 2019
  • 16:40
DC plan members want guaranteed monthly income

DC plan members want guaranteed monthly income

The vast majority of America’s future retirees participating in DC plans believe that a guaranteed monthly income is absolutely essential, but many fear they haven’t…

  • By: Staff
  • August 1, 2013 September 13, 2019
  • 16:38
OPSEU seeks pension trustees

OPSEU seeks pension trustees

The Ontario Public Service Employees Union (OPSEU) is seeking pension trustee candidates for the OPSEU Pension Trust. The appointments are effective October 1, and applications…

  • By: Staff
  • August 1, 2013 September 13, 2019
  • 10:15

Breakdown: Automatic pilot

Among the touted benefits of auto-enrollment features in a capital accumulation plan (CAP) is the assumption—and hope (fingers crossed)—that plan members who contribute to their…

Help yourself

Saving for retirement means taking a lesson from the airlines As August draws to a close—the summer road trips and European vacations over—parents will be…

Prepare DC plan members for retirement

Prepare DC plan members for retirement

To help their plan members prepare for retirement, DC plan sponsors need to complete the accumulation-to-de-accumulation cycle Retirement security for Canadians is clearly one of…

S&P 500 company pensions see record shortfalls

S&P 500 company pensions see record shortfalls

Last year, S&P 500 companies posted record shortfalls in their pensions and other post-employment benefits, threatening to leave America’s future retirees empty-handed.

  • By: Staff
  • July 31, 2013 September 13, 2019
  • 15:28
As longevity increases, retirement savings fall short

As longevity increases, retirement savings fall short

As longevity increases and workplace pension plans decline, an alarming number of Canadians believe they are better equipped for a long retirement than they actually…

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…