Canadians should have the choice to make additional voluntary contributions to the Canada Pension Plan in order to avoid facing a significant decline in living…
Despite economic improvements, a large portion of Canadians expects to work past the traditional retirement age of 65, mainly due to financial concerns.
The Canada Pension Plan Investment Board (CPPIB) saw its assets grow in its fiscal third quarter, backed by strong returns from global equity markets. For…
Due to the dire financial situation of DB arrangements, more DB plan sponsors have started moving to DC over the last few years. For many,…
A new research study by the Canadian Financial Executives Research Foundation—the research arm of Financial Executives International Canada (FEI)—indicates that almost 60% of pension plan…
The thinking for plan sponsors over the last decade has been to reduce risk, reduce liabilities, get out of DB and move to a DC…
The impact of the Supreme Court of Canada’s Feb.1 decision in Sun Indalex Finance, LLC v. United Steelworkers (Indalex) on lenders and credit markets has…
During this RRSP season, Canadian pension plan sponsors should consider reminding their members about the important role an RRSP plays in their retirement.
While most investors employ active management in an attempt to achieve market beating performance, I don’t believe investors fully realize just how likely it is…
Pensions at the dinner table, recalls Jane Ambachtsheer of her early years spent with her father, Keith Ambachtsheer, president and founder of KPA Advisory Services…
With all the macro issues that hang over the markets—the European Union’s sovereign debt crisis, China’s industrial slowdown and the limping U.S. economy—it’s easy to…
There’s no debating that employees are stressed when it comes to their personal finances. One-in-four are financially distressed and spend more than an hour every…
The City of Saint John, New Brunswick was beset last year by debate over its gaping $195 million pension deficit, so bad that a consultant…
In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…
Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee…
Employer-sponsored retirement plans that offer matching contributions can help younger workers retire earlier and with more money, according to a new report by Mercer Canada.…
In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s…
A renewed call for increased domestic investments by Canadian pension plans isn’t surprising amid an ongoing discussion around the role of investment organizations in supporting the…
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,…
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…
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…
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…
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 Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…
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…