Pensions Page 309

Top Stories in Pensions

Pension risk transfer market heats up

Pension risk transfer market heats up

There's a growing interest by U.S. plan sponsors in executing pension risk transfer deals.

  • By: Staff
  • December 23, 2014 September 13, 2019
  • 09:29
Lump of coal for pension plan sponsors

Lump of coal for pension plan sponsors

Barring a miraculous recovery in the next couple of weeks, 2014 will turn out to be a disappointing year for pension plan sponsors, says Mercer.

  • By: Staff
  • December 23, 2014 September 13, 2019
  • 08:56
CLHIA pans Ontario’s stance on DC plans

CLHIA pans Ontario’s stance on DC plans

The Canadian life and health insurance industry is extremely disappointed with the suggestion in the Ontario government's consultation paper on the Ontario Retirement Pension Plan…

  • By: Staff
  • December 22, 2014 September 13, 2019
  • 14:31
Plan sponsors: What’s on your wish list?

Plan sponsors: What’s on your wish list?

The holidays are a magical time. For many of us, they offer a period of reflection, renewal and planning for the coming year. It’s a…

  • By: Susan Deller
  • December 22, 2014 September 13, 2019
  • 14:31
Alberta solvency reserve accounts: An answer to trapped capital?

Alberta solvency reserve accounts: An answer to trapped capital?

DB plan sponsors in Alberta (and soon British Columbia) should carefully consider taking advantage of recent and forthcoming) legislation in those provinces permitting them to…

More women have DB plans

More women have DB plans

One-third of employed women and one-quarter of employed men ages 25 to 54 were covered by a DB plan in 2012, says Statistics Canada.

  • By: Staff
  • December 19, 2014 September 13, 2019
  • 10:30
Avoiding DC class actions

Avoiding DC class actions

Earlier this summer, Fidelity Investments settled two lawsuits brought by employees over the company’s own 401(k) plan. The suits alleged the firm offered employees its…

ORPP consultation paper released

ORPP consultation paper released

The Government of Ontario has released a consultation paper on the Ontario Retirement Pension Plan.

  • By: Staff
  • December 18, 2014 September 13, 2019
  • 11:08
NCR continues pension transformation strategy

NCR continues pension transformation strategy

NCR has purchased a single premium group annuity contract from The Principal to transfer about US$160 million ($185.8 million) of pension liabilities.

  • By: Staff
  • December 18, 2014 September 13, 2019
  • 10:36
TRW shifting pension risk to MetLife

TRW shifting pension risk to MetLife

MetLife has signed an agreement to provide pension benefits to 7,045 retirees and current beneficiaries in TRW’s DB plan in a US$440-million ($511.5-million) transaction.

  • By: Staff
  • December 16, 2014 September 13, 2019
  • 17:02
Pension wealth grows

Pension wealth grows

Pension wealth advanced to $2.85 trillion at the end of 2013, up 11.4% from 2012, says Statistics Canada.

  • By: Staff
  • December 16, 2014 September 13, 2019
  • 11:24
More myths about DB and target benefit plans

More myths about DB and target benefit plans

In our last post, we looked at two of the myths surrounding target benefit plans (TBPs). This time, we look at myths involving unions’ opposition…

Aon Hewitt introduces longevity model tool

Aon Hewitt introduces longevity model tool

Aon Hewitt has announced the Canadian launch of a new tool designed to help DB plan sponsors more effectively understand longevity.

  • By: Staff
  • December 15, 2014 September 13, 2019
  • 09:58

Quebec seeks to increase VRSP uptake through minimum contribution rates, new investment options

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…

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

AI gaining foothold with younger savings plan members, email remains preferred communications tool: survey

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…

Coverage of the 2026 Employee Savings Summit

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…

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…

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…

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