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Top Stories in Pensions

Federal solvency relief takes effect

The Federal Minister of Finance has unveiled new regulations, first announced June 12, which will provide temporary solvency funding relief for federally regulated defined benefit…

Increase retirement age: report

The solution to Canada’s workforce conundrum requires some fresh thought and tough choices, according to the C.D. Howe Institute. Some of the suggestions contained in…

  • By: Jody White
  • July 3, 2009 September 13, 2019
  • 00:00

Demystifying the deemed trust

  Careful observers of the Canadian pension scene may have noticed that when the federal government issued the final version of its new solvency funding…

Hard Lessons

How to address pension plan funding and insolvent plan sponsors in a time of crisis.   The financial results of 2008 are hitting pension fund…

Perfecting the process

How an internal audit can help your organization manage pension risks and improve its procedures.   In this turbulent economic climate, any reference to pension…

Deep Impact

How Canada’s pension plans and investments have held up during the financial crisis.   It’s clear that the events of 2008 have had a tremendous…

Time to raise the retirement age

Over the past several months, news headlines have been filled with the troubles pension funds have found themselves in. Indeed, there are a multitude of…

Ensuring maximum interpretive flexibility: a case study

The Manitoba Court of Appeal has outlined important principles of contractual interpretation with relation to pension plans, along with guidance on how possibly to avoid…

  • By: Jody White
  • June 29, 2009 September 13, 2019
  • 00:00

Demographics affect benefits options

A recent Mercer study on flexible benefits plans in the U.K. has found that preferred benefits options vary according to characteristics including age, gender and…

  • By: Staff
  • June 29, 2009 September 13, 2019
  • 00:00

Rightsizing may be the wrong option

Keeping costs at a minimum in this turbulent economy is top of mind for employers. At the recent Managing the Workplace During an Economic Downturn…

Towards a more socialistic DC pension system?

The past year has seen many new ideas foster around how to improve defined contribution (DC)-type retirement savings arrangements, many involving governments playing a much…

Ontario sets out solvency relief measures

The Ontario government has published Regulation 239/09, amending the Pension Benefits Act to provide temporary solvency funding relief to sponsors of DB plans registered in…

  • By: Jody White
  • June 24, 2009 September 13, 2019
  • 00:00

Canadian employers balance human capital, business costs

While Canadian employers move aggressively to contain costs and manage risk, they are also making a concerted effort to minimize the impact on employees, a…

  • By: Jody White
  • June 22, 2009 September 13, 2019
  • 00:00

FSRA issuing guidance on pension plan administrator responsibilities

The Financial Services Regulatory Authority of Ontario is releasing final interpretation guidance to support the role and responsibilities of pension plan administrators. The guidance, an updated…

  • By: Staff
  • July 30, 2021 July 29, 2021
  • 09:00

More plan sponsors meeting members’ retirement goals in 2021: survey

A majority (72 per cent) of plan sponsors believe their retirement savings plan is meeting its goals this year, up from roughly 66 per cent…

  • By: Staff
  • July 29, 2021 July 29, 2021
  • 09:00

How Willful is using benefits, flexibility and perks to attract top talent in tight labour market

While many organizations had to press pause on their hiring plans at the start of the coronavirus pandemic, Willful, a Canadian online estate planning company,…

Investors have role in advancing reconciliation with Indigenous peoples, says report

Institutional investors have a role to play in reconciling Canada with Indigenous people, says a new report by the Reconciliation and Responsible Investment Initiative. “With…

Expert panel: Understanding the changing legal climates for institutional investors

In case you missed it, a recent legal opinion by pension lawyer Randy Bauslaugh suggested plan sponsors might be personally liable for failing to consider…

CFA’s ESG standards could facilitate greenwashing, warns IFIC

The Chartered Financial Analyst Institute’s draft voluntary environmental, social and governance disclosure standards are vulnerable to greenwashing, warns the Investment Funds Institute of Canada. In…

U.S. employees lacking access to financial wellness programs: survey

A majority (63 per cent) of U.S. employees said their employer doesn’t offer a financial wellness program, according to a new survey by the Defined…

  • By: Staff
  • July 27, 2021 July 27, 2021
  • 15:00

CAAT DBplus pension welcoming more members of Canadian legal community

The College of Applied Arts and Technology’s DBplus pension plan is welcoming more members of Canada’s legal community through an affinity agreement between the pension…

Expert panel: How plan sponsors can help make retirement, pensions more equitable

Diversity, equity and inclusion is top of mind for many plan sponsors these days. And, while issues around retirement and pensions likely aren’t the key focus…

Aon, Willis Towers Watson call off proposed merger

Aon and Willis Towers Watson have agreed to terminate their proposed merger and end litigation with the U.S. Department of Justice. The merger, which was…

  • By: Staff
  • July 26, 2021 July 26, 2021
  • 12:00

Volitility, high inflation to be expected during coronavirus recovery, says Bank of Canada

Canada’s economy will undergo volatility and inflationary acceleration as the nation recovers from the coronavirus pandemic, warns the governor of the Bank of Canada. “The process…

  • By: Staff
  • July 15, 2021 July 15, 2021
  • 13:00

C.F. Crozier providing employees with $20,000 help to buy first home

The Ontario-based engineering consultancy firm C.F. Crozier and Associates Inc. is going beyond offering typical benefits, such as eye, dental and mental-health care, and providing…