Pensions Page 347

Top Stories in Pensions

Enjoy the ride

Enjoy the ride

Pension plans are protecting themselves from market ups and downs by matching assets to liabilities

Big plans

DC sponsors must support their members in preparing for retirement

One in 11 opt out of auto-enrollment

One in 11 opt out of auto-enrollment

Of the 1.6 million people who have been automatically enrolled in workplace pension plans in the United Kingdom, just 9% have opted out.

  • By: Staff
  • September 30, 2013 September 13, 2019
  • 16:20
OAS, GIS benefit amounts increase

OAS, GIS benefit amounts increase

Employment and Social Development Canada says the basic old age security pension benefit will increase by 0.2% to $550.99 per month for the maximum benefit…

  • By: Staff
  • September 30, 2013 September 13, 2019
  • 10:00
Detroit wants to freeze pension plans

Detroit wants to freeze pension plans

Detroit has proposed freezing the city’s two employee pension plans at the end of the year. Members of the General Retirement System and the Police…

  • By: Staff
  • September 27, 2013 September 13, 2019
  • 10:23
Goldman to acquire Deutsche’s stable value business

Goldman to acquire Deutsche’s stable value business

Goldman Sachs Asset Management has reached a deal with Deutsche Asset & Wealth Management to acquire its stable value business for an undisclosed amount.

  • By: Staff
  • September 26, 2013 September 13, 2019
  • 10:59
U.S. public pension assets reach record high

U.S. public pension assets reach record high

America’s 100 biggest public employee pension plans saw a record increase in the value of their assets during the second quarter of this year—but benefits…

  • By: Staff
  • September 24, 2013 September 13, 2019
  • 15:19
Pension legislation doesn’t always change slowly

Pension legislation doesn’t always change slowly

One of the general rules of statutory interpretation is that a statute or regulations only apply on a go-forward basis from the date of coming…

  • By: Ian Breneman
  • September 24, 2013 September 13, 2019
  • 11:35
N.L. pension reform required now, board of trade says

N.L. pension reform required now, board of trade says

The St. John’s Board of Trade wants the Government of Newfoundland and Labrador to take immediate action and a set clear timeline to implement pension…

  • By: Staff
  • September 23, 2013 September 13, 2019
  • 10:20
Bond allocations: Adjusting to changing rates

Bond allocations: Adjusting to changing rates

The past few years have been difficult for DB pension plans in Canada. Continued equity market volatility and, until recently, extremely low interest rates have…

  • September 23, 2013 September 13, 2019
  • 10:20
New DB plan rules could wipe out gains

New DB plan rules could wipe out gains

Just as the outlook started to improve for DB plans, new guidance from the Canadian Institute of Actuaries could increase the solvency liabilities of indexed…

  • By: Staff
  • September 23, 2013 September 13, 2019
  • 10:20
Standard Life receives licence to provide a federal PRPP

Standard Life receives licence to provide a federal PRPP

Standard Life been issued a licence to administer a federal pooled registered pension plan.

  • By: Staff
  • September 20, 2013 September 13, 2019
  • 12:01

Quebec, N.L. have biggest pension risk: Moody’s

Both Quebec and Newfoundland and Labrador face the largest pension risk because of the size of their unfunded pension liabilities relative to their revenues, according…

  • By: Staff
  • September 20, 2013 September 13, 2019
  • 10:52

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…

Rising life expectancy increasing liabilities, service costs for pension plan sponsors: CIA

Methodology improvements are pushing the life expectancy of Canadian retirees and surviving spouses by roughly one year to age 65 as of Jan. 1, 2024,…

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