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Top Stories in Pensions

Separate and Not Equal

Federal and provincial pension benefits standards legislation may be similar, but plan sponsors need to acknowledge the differences between them. Sponsors of defined benefit (DB)…

  • By: Tony Devir
  • August 1, 2008 September 13, 2019
  • 00:00

DB Plan Sponsors Are Pessimistic

The mood amongst the defined benefit (DB) plan sector is decidedly pessimistic, and many plan sponsors are looking to make changes over the next 12…

  • By: Jody White
  • August 1, 2008 September 13, 2019
  • 00:00

Rash Acts

Corporate North America has fallen into the trap of short-term thinking, placing undue emphasis on the next quarter’s results. Are pension professionals blindly following the…

Around the World

Around the World August 01, 2008 | Frédéric Létourneau and Leo de Bever In a challenging social and economic environment, plan sponsors are looking to…

Court upholds partial wind-up

In certain circumstances, the Superintendent of Financial Services has the authority under Ontario’s governing pension statute to order a partial plan wind-up. One of those…

  • By: Jana Steele
  • July 24, 2008 September 13, 2019
  • 00:00

Closed DB Plans: Implementing a Short-Term Exit Strategy

In her article (Managing Risk Through Transition), Laura Lynch examined the decision tree leading to directional strategies for exiting a closed defined benefit (DB) plan.…

No Surplus Distribution Required

On June 26, 2008, the Federal Court of Appeal released a unanimous decision in Cousins et al. v. Attorney General of Canada and Marine Atlantic…

Challenges of Designing an Effective DC Plan

Designing an effective program is not easy. Experience shows that employee engagement in defined contribution (DC) plans is often low and leads to low participation…

Changes Afoot in Pension Industry

A fundamental change is underway in the area of global investment management for retirement, and an overhaul of the Canadian pension landscape is needed in…

  • By: Jody White
  • July 16, 2008 September 13, 2019
  • 00:00

The Régie Hammers Multi-Employer Pension Plans

The Régie has always believed that the Supplemental Pension Plans Act (SPPA) required Québec employers to fund a deficit on withdrawal or plan termination—even for…

Financial Advice for Plan Members

The average plan member is by no means a financial expert, and the choices offered by many service providers can leave some members bewildered and…

  • By: Jody White
  • July 8, 2008 September 13, 2019
  • 00:00

Is Canada falling behind on socially responsible investing?

Investing in a socially responsible manner is becoming increasingly important to pension plan sponsors, but it seems that in Canada, the legislative environment hasn’t kept…

Women Boost Pension Plan Enrollment

After a modest gain in 2005, membership in employer registered pension plans (RPPs) resumed normal growth in 2006 due entirely to increases among women, according…

Tips for helping staff piece together their retirement income puzzle

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.…

Pension benefits continue to lead growth in Canadian insurance industry: CLHIA

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…

  • By: Staff
  • September 16, 2020 November 30, 2020
  • 09:00

DC plan member education increasingly important: report

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…

  • By: Staff
  • August 5, 2020 December 6, 2020
  • 08:38

Canada’s pension system gets top grades in new benchmark

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…

  • By: Staff
  • February 23, 2021 February 24, 2021
  • 15:00

Pension regulators step up amid turmoil

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…

Sanofi joining CAAT’s DBplus pension

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…

  • By: Staff
  • February 12, 2021 February 26, 2021
  • 09:00

PIAC comments on FSRA’s plan for missing plan members

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…

  • By: Staff
  • September 23, 2020 November 26, 2020
  • 09:30

Four trends in group retirement, investment programs

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.…

  • September 22, 2020 November 26, 2020
  • 08:45

Alberta’s LAPP introducing new pension portal for members

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…

  • By: Staff
  • August 20, 2020 November 26, 2020
  • 15:00

CPPIB appointing John Graham as CEO following resignation of Mark Machin

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…

Canadian employer pension plans’ asset value rebounds to $2.12 trillion: report

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…

  • By: Staff
  • February 25, 2021 February 25, 2021
  • 10:00

Blake Hutcheson succeeds Michael Latimer as OMERS’ CEO

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…

  • December 10, 2020 January 23, 2021
  • 19:13