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Top Stories in Pensions

Time for a national retirement strategy

The results of 60 Second Survey conducted recently by Morneau Shepell showed that a significant majority of plan sponsors polled agreed that Canada is suffering…

Hybrid plans’ popularity soars

Hybrid plans’ popularity soars

The increase in the number of cash balance plans in the United States has jumped nearly 500% over the last decade, according to a report.

  • By: Staff
  • June 12, 2013 September 13, 2019
  • 10:51
Air Canada hopes to eliminate pension shortfall by 2020

Air Canada hopes to eliminate pension shortfall by 2020

Air Canada may get rid of its pension plan deficit, which was $3.7 billion at the end of January, in seven years.

  • By: Staff
  • June 11, 2013 September 13, 2019
  • 10:13
Additional asset classes could improve DC plan returns

Additional asset classes could improve DC plan returns

Broadening the investment options available to American DC plans to include real assets, emerging market equities and debt, and liquid alternatives could improve returns while…

  • By: Staff
  • June 11, 2013 September 13, 2019
  • 10:00
DB plans: The sky is not falling

DB plans: The sky is not falling

Sustainability is a clichéd, overused word in the DB pension plan arena these days. Sustainability focuses on delivering an appropriate retirement benefit at an acceptable…

Illinois governor calls for pensions session

Illinois governor calls for pensions session

Following the downgrade of Illinois’s debt by a second credit rating agency, governor Patrick Quinn called for a special legislative session to address the state’s…

  • By: Staff
  • June 7, 2013 September 13, 2019
  • 09:47
Canadian pension plans’ solvency position up in May

Canadian pension plans’ solvency position up in May

The solvency position of Canadian pension plans continued to rise in May.

  • By: Staff
  • June 6, 2013 September 13, 2019
  • 11:08
Video: Lights, camera, action

Video: Lights, camera, action

AFBS hits the mark with its social media policy

Video: Providing value for plan members

Video: Providing value for plan members

The Saskatchewan Pension Plan uses social media to connect with members by providing financial-related information.

  • By: Staff
  • June 5, 2013 September 13, 2019
  • 10:35
Funded status of U.S. plans improves

Funded status of U.S. plans improves

The funded status of the typical U.S. corporate plan increased by 5.6 percentage points in May to 86.4%—the highest level in nearly two years.

  • By: Staff
  • June 4, 2013 September 13, 2019
  • 16:08
Video: Keeping plan members engaged socially

Video: Keeping plan members engaged socially

Following an education campaign for its DC plan members, Niagara Casinos wanted to keep the momentum going.

  • By: Staff
  • June 4, 2013 September 13, 2019
  • 10:11
Illinois’s credit rating cut following pension reform failure

Illinois’s credit rating cut following pension reform failure

Fitch has downgraded the state of Illinois’s credit rating one notch to A- after legislators were unable to pass public pension reforms last week.

  • By: Staff
  • June 4, 2013 September 13, 2019
  • 09:01
Video: The benefits of social media

Video: The benefits of social media

Social media will provide plan sponsors with a vast amount of useful information about their members.

  • By: Staff
  • June 3, 2013 September 13, 2019
  • 11:52

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…