Pensions Page 345

Top Stories in Pensions

Ontario wants CPP to be enhanced

Ontario wants CPP to be enhanced

The Government of Ontario wants the Canada Pension Plan (CPP) to be improved and will set up its own plan if needed.

N.B. should slow pension reform: PIPSC

N.B. should slow pension reform: PIPSC

The Professional Institute of the Public Service of Canada (PIPSC) wants New Brunswick to slow down the current pension reform process.

  • By: Staff
  • October 31, 2013 September 13, 2019
  • 17:52
U.K. proposes a cap on pension fees

U.K. proposes a cap on pension fees

The United Kingdom government has proposed putting a cap on workplace pension plan charges.

  • By: Staff
  • October 31, 2013 September 13, 2019
  • 10:03
Firms offer more help with retirement planning

Firms offer more help with retirement planning

Most American employees are not prepared to maximize the savings potential of their DC pension plans, so employers are offering them more assistance.

  • By: Staff
  • October 31, 2013 September 13, 2019
  • 09:59
DC sponsors urged to focus on de-accumulation

DC sponsors urged to focus on de-accumulation

As DC pension plans become more prevalent in Canada, DC sponsors have been focusing primarily on the accumulation and management of assets for active plan…

More plans on OSFI’s watch list

More plans on OSFI’s watch list

The Office of the Superintendent of Financial Institutions (OSFI) has increased the number of federally regulated pension plans on its watch list.

  • By: Staff
  • October 29, 2013 September 13, 2019
  • 09:36
Pensions make progress in third quarter

Pensions make progress in third quarter

Resilient global equity markets helped lift Canadian pension plans back into positive territory during the third quarter, finds a survey from RBC Investor & Treasury…

  • By: Staff
  • October 29, 2013 September 13, 2019
  • 09:25
Industrial Alliance launches lifetime retirement income option

Industrial Alliance launches lifetime retirement income option

Industrial Alliance has launched of SecurOption - Lifetime Retirement Income, a new guaranteed lifetime retirement income option that is added to its group retirement savings…

  • By: Staff
  • October 28, 2013 September 13, 2019
  • 10:05
Communication: Impossible

Communication: Impossible

In his 2012 article, “Too complex to depict?”, Professor Henry Hu of the University of Texas Law School asks whether “too-big-to-fail” banks are too complex…

DB plans boost Canadian economy

DB plans boost Canadian economy

Canadians who receive DB pensions are much less likely than other retirees to collect the federal government's Guaranteed Income Supplement, according to a newly released…

  • By: Staff
  • October 22, 2013 September 13, 2019
  • 15:34
Scotiabank to pay for costly RRSP mistake

Scotiabank to pay for costly RRSP mistake

Due to mistakes made by Scotiabank on a routine RRSP transaction, a man in Nova Scotia was recently saddled with a tax bill of $35,000—which…

  • By: Staff
  • October 22, 2013 September 13, 2019
  • 10:09
Public sector pension reform includes retirees

Public sector pension reform includes retirees

Reform of Canada’s public sector pension plans is no longer limited to active employees—increasingly governments are willing to address expensive components of retiree pensions as…

  • By: Jana Steele
  • October 22, 2013 September 13, 2019
  • 07:00

Q&A: Charles Guay

A pension crisis looms in Canada. Today’s young couples are facing privation in their 70s—and, likely, 80s and 90s, as our lifespans expand dramatically. Compulsory…

Coverage of the 2026 Employee Savings Summit

In its sophomore year under the Employee Savings Survey banner, Benefits Canada’s annual check in with plan members about their financial priorities and the condition of…

Survey finds Canadians estimate they need an average of $976,835 to retire

Canadian plan members reported a significant drop in the amount they believe they need to retire — from roughly $1.4 million in 2023, 2024 and…

Fewer plan members describing financial situation as better, worse than last year: survey

While the percentage of plan members who describe their personal financial situation as significantly or somewhat better than last year decreased from 42 per cent…

Ontario proposing increase to PBGF’s monthly guarantee limit, cost reductions for pension plan administrators

In its 2026 budget on Thursday, the Ontario government proposed doubling the pension benefits guarantee fund’s monthly guarantee limit from $1,500 to $3,000 for all…

Sounding Board: How SERPs can support financial wellness, retirement readiness

The bankruptcy of the Hudson Bay Co. and subsequent loss of promised supplemental employee/executive retirement plan benefits to executives has caused many to rethink the…

CAAT CEO departing following leadership crisis, paying back $1.6 million vacation payout

Derek Dobson, chief executive officer and plan manager at the Colleges of Applied Arts and Technology’s pension plan, is departing the organization following a formal…

  • By: Staff
  • March 6, 2026 March 6, 2026
  • 15:00

What can DC pension committees learn from DB plan governance?

Bell Canada’s defined benefit and defined contribution pension plans are both overseen by the same pension committee. The meeting cadences differ, but the committee leans…

Communication key to reinforcing value of workplace retirement plans: report

Employers can reinforce the value of their workplace retirement plans by communicating to plan members about the importance of having money later versus money now,…

  • By: Staff
  • March 5, 2026 March 4, 2026
  • 09:00

Pension Awareness Day 2026: FSRA highlighting plan member education, retirement readiness

The Financial Services Regulatory Authority of Ontario is marking its fourth annual Pension Awareness Day today by encouraging employees to understand their employer-sponsored retirement plan…

  • By: Blake Wolfe
  • February 19, 2026 February 18, 2026
  • 09:00

Amazon Canada’s new estate planning benefit key to financial wellness win

Amazon Canada’s commitment to unique financial wellness offerings led to a win at Benefits Canada‘s 2024 Workplace Benefits Awards on Oct. 18. The technology company was…

Admiral Insurance’s benefits program awarded for balancing innovation, sustainability

Admiral Insurance’s award-winning benefits program is demonstrating how employers can use versatility to strike a fine balance between finding innovative solutions and maintaining plan sustainability. The…

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…

  • By: Sadie Janes
  • December 4, 2023 December 1, 2023
  • 09:00