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Top Stories in Pensions

Check your defaults

Check your defaults

With more than 80% of Canadian plan sponsors currently offering a DC option in their employer-sponsored pension plans, the shift to DC is firmly entrenched.…

Comparing retirement systems: Canada vs. U.S.

Comparing retirement systems: Canada vs. U.S.

In Canada, there has been a lot of talk about the current public retirement system and how it should be improved. But how does Canada’s…

Pension solvency south of the border

Pension solvency south of the border

Ever wonder what DB pension plans south of the 49th parallel are doing to stay solvent? Dan Tremblay, a liability-driven investment strategist with Pyramis Global…

Canadians not using TFSAs

Canadians not using TFSAs

Although tax-free savings accounts (TFSAs) have been on the market since 2009, the majority of Canadians aren’t using them, and general knowledge about the savings…

  • By: Staff
  • November 1, 2012 September 13, 2019
  • 12:17
Morneau acquires Mercer’s pension and benefits outsourcing business

Morneau acquires Mercer’s pension and benefits outsourcing business

Morneau Shepell Inc. has aquired Mercer Canada's pension and benefits outsourcing business.

Value of PRPP questioned

Value of PRPP questioned

Touted as a practical solution for those who currently don’t have access to a workplace pension, the pooled registered pension plan (PRPP) also holds the…

Funded status of DB plans declines globally

Funded status of DB plans declines globally

The funded status of DB pension plans in Canada, the U.S. and the Netherlands has fallen since December 2011, according to new data from Mercer.

  • By: Staff
  • October 31, 2012 September 13, 2019
  • 11:41
New bill addresses Alberta private sector pensions

New bill addresses Alberta private sector pensions

The Alberta government has introduced Bill 10, the Employment Pension Plans Act, in the provincial legislature. The bill aims to allow plan administrators to more…

  • By: Neil Faba
  • October 29, 2012 September 13, 2019
  • 09:38
U.S. pension study finds larger deficits than reported

U.S. pension study finds larger deficits than reported

Milliman, Inc., a global consulting and actuarial firm based in Seattle, has released the results of its first Public Pension Funding Study. The study, which…

  • By: Staff
  • October 29, 2012 September 13, 2019
  • 09:25
Younger gen concerned about outliving money

Younger gen concerned about outliving money

Retirement concerns are keeping a younger group of Americans up at night, according to new research from the Pew Research Center in Washington, D.C.

  • By: Staff
  • October 26, 2012 September 13, 2019
  • 11:20
Pensions up in Q3

Pensions up in Q3

Canadian pension plans made significant gains in the third quarter as increased monetary support from central banks reassured global markets and increased investors’ appetite for taking on…

  • By: Staff
  • October 26, 2012 September 13, 2019
  • 11:17
Flashback: When Quebec phased retirement

Flashback: When Quebec phased retirement

For generations, the concept of retirement centred around a one-time event: you worked to age 65, then your employer sent you off with a gold…

  • By: Neil Faba
  • October 26, 2012 September 13, 2019
  • 07:07
HOOPP, OPSEU, CAAT sign pension deal with province

HOOPP, OPSEU, CAAT sign pension deal with province

Ontario finance minister Dwight Duncan publically announced yesterday that the province and The Healthcare of Ontario Pension Plan (HOOPP), The Ontario Public Service Employees Union…

More than £50 billion in U.K. pension benefits at risk of being lost, misplaced: study

More than £50 billion in U.K. pension benefits were at risk of being misplaced in abandoned accounts or scattered across multiple lost pots in 2023,…

  • By: Staff
  • March 25, 2024 March 25, 2024
  • 15:00

Employees of Canadian energy companies joining CAAT’s DBplus pension plan

Employees of Candu Energy Inc., Canadian Nuclear Laboratories and Global First Power are joining the Colleges of Applied Arts and Technology’s DBplus pension plan. Unionized…

  • By: Staff
  • March 21, 2024 March 21, 2024
  • 15:00

Clear, flexible regulations needed for target-benefit plans: report

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…

  • By: Staff
  • March 19, 2024 March 18, 2024
  • 09:00

Ontario continues work on infrastructure bank, target-benefit pension plan framework

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,…

  • By: Staff
  • March 27, 2024 March 27, 2024
  • 15:00

Group annuity market growing as DB pension plans move to de-risk

Ford of Canada’s recent transfer of $923 million in pension liabilities to Desjardins Group, RBC Insurance and Sun Life Assurance Co. of Canada augurs well…

FSRA names Andrew Fung EVP of pensions

The Financial Services Regulatory Authority of Ontario is appointing Andrew Fung as executive vice-president of pensions, effective March 11, 2024. Fung first joined the Financial…

  • By: Staff
  • March 20, 2024 March 20, 2024
  • 15:00

OPB working with employers to receive salary information of employees impacted by Bill 124

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…

  • By: Staff
  • March 12, 2024 March 13, 2024
  • 15:00

UPP keeping plan members engaged, informed with new web portal

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…

OMERS pension benefits accounted for 9.3% of Ontario retirement income in 2023: report

Retirement benefits paid out by the Ontario Municipal Employees Retirement System accounted for 9.3 per cent of retirement income in Ontario in 2023, according to…

  • By: Blake Wolfe
  • February 15, 2024 February 14, 2024
  • 09:00

How Ontario pay transparency legislation will impact employers

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 using budget workshops, interactive game to support employee financial wellness

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…

  • By: Sadie Janes
  • November 24, 2023 November 23, 2023
  • 09:00

2023 Healthy Outcomes Conference: A closer look at the mental, physical, financial risk factors facing plan members

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…