The Ontario Teachers’ Pension Plan has eliminated its $12.7-billion funding deficit by reducing inflation protection for some of its members, allowing the fund to better…
The long road to synthesizing pension law. Diversity has been, and continues to be, the pride of this nation and the bane of existence for…
Western Canada is collectively holding its breath, waiting to see how the future of pensions will unfold. The energy-led economic boom has caused employment growth…
Employers are turning to phased retirement and pension alternatives to help them fight the attraction and retention battle. Findings in the Survey of Pension Plans…
A number of plan sponsors have one or more closed defined benefit (DB) plans that they intend to fully wind up over the coming years.…
CAP sponsors and retiring plan members face the downside of economic and market cycles—but there is hope. Imagine that you are about to retire under…
Responsible investment is an important issue for many pension plan sponsors today, but when it comes to public policy support for these initiatives, Canada has…
The Pan-Canadian Investors Committee for Third-Party Structured ABCP has commenced the final steps to implement its plan to restructure $32-billion of third-party asset-backed commercial paper…
The Supreme Court of Canada has dismissed a challenge to the restructuring plan for the country’s frozen asset-backed commercial paper (ABCP) market, clearing the way…
About a year ago, as financial markets were down—or so we thought at the time—I was writing on the importance of proactively communicating with and…
Plan sponsors and money managers fielding panicked calls by plan members should be investing in continuous education efforts to keep their clients focused on long-term…
The imminent departure of the first wave of baby boomers from the workforce will offer clues about the adequacy of that generation’s saving habits, and…
While the new tax-free savings account (TFSA) was well-received by the financial industry, the majority of Canadians have no idea what it is, according to…
Retirement income can be sliced into three broad categories: what an individual receives from their employer, what they receive from the government and everything else.…
Canadians received a record $103 billion in benefits from life and health insurers last year, up 60 per cent from a decade earlier, according to…
Defined contribution plan members saw a bounce-back in equity markets in the second quarter of 2020, boosting their gross income replacement ratios from the lows…
Canada’s pension system was ranked first overall among 15 countries in the Global Pension Transparency Benchmark. It ranked Canadian funds first in governance, citing the…
For almost a year now, federal and provincial pension regulators have been busily trying to mitigate the coronavirus pandemic’s effects. Regulators have never been more…
Two unions representing nearly 1,000 employees of Sanofi Canada are joining the Colleges of Applied Arts and Technology’s DBplus pension plan. Both Unifor Local 1701…
The Pension Investment Association of Canada is expressing its support for the Financial Services Regulatory Authority of Ontario’s draft guidelines for pension plan sponsors dealing…
The coronavirus pandemic is highlighting many trends in group retirement and investment programs, pushing the industry to be flexible and quick with some of the newer offerings.…
Alberta’s Local Authorities Pension Plan is introducing a new secure section of its website where plan members can log in, access their personal account and…
The Canada Pension Plan Investment Board is appointing John Graham (pictured) as its new chief executive officer, following the resignation of Mark Machin. Graham was…
The market value of assets held by Canadian employer pension plans increased to $2.12 trillion in the third quarter of 2020, according to a new report…
As reported in December 2019, Blake Hutcheson has succeeded Michael Latimer as the new chief executive officer of the Ontario Municipal Employees Retirement System, effective June…