Golf fans everywhere know that Tiger Woods really doesn’t like to lose. Neither, apparently, does Quebec’s pensions regulator, the Régie des rentes du Québec. A…
The common assumption that plan sponsors are the only ones who bear the investment risk in defined benefit (DB) pension plans isn’t true as employees…
While initial reaction to the Ontario Court of Appeal decision in the Burke v. Hudson’s Bay Company case was positive from those who represent plan…
How to convert a disclosure requirement into a communications solution. It’s that time of year again—time for plan sponsors with a December 31st year-end to…
Defined benefit (DB) pension plans will soon be a thing of the past for the majority of Canadians, and a national summit is needed to…
Canadian pension plans are once again grappling with low interest rates and falling markets. However, they’ve learned from past experience and are armed with new…
The case for a principles-based regulatory pension system for single-employer pension plans governed by both plan members and plan sponsors. The search for a better…
Faced with the age-old problem of plan member disengagement and the heightened risk of employee litigation, plan sponsors are starting to turn to target date…
Glide path philosophy has become a big issue in the U.S., confirms Janet Rabovsky, practice leader, investment consulting, with Watson Wyatt Worldwide. While each target…
Canadians could have adequate savings during retirement if a government-backed supplementary pension plan were created, according to a study by the C.D. Howe Institute. In…
For those who believe that investment contributions during the working years constitute the bulk of retirement income, think again. New research suggests that up to…
Sometimes success can be a double-edged sword. Just ask Jim Leech, president and CEO of the Ontario Teachers’ Pension Plan. With $108.5 billion in assets…
The Ontario Expert Commission on Pensions (OECP) will submit its report to the province by the end of October, a few weeks later than expected,…
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…