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Top Stories in Pensions

Inspiration: Ari Kaplan
Governance/legislation

Inspiration: Ari Kaplan

Ari Kaplan wrote the book on pension law. Literally. His book, Pension Law, was first published in 2006, and a second edition, co-authored with Mitch…

Full steam ahead
Defined benefit pensions

Full steam ahead

Cenovus Energy refines its methods for retaining mid-career employees

  • By: Brooke Smith
  • September 1, 2013 September 13, 2019
  • 07:00
OSFI issues draft policy advisory on longevity insurance, swaps

OSFI issues draft policy advisory on longevity insurance, swaps

The Office of the Superintendent of Financial Institutions has issued a draft policy advisory that provides information and guidance to administrators of federally regulated pension…

  • By: Staff
  • August 30, 2013 September 13, 2019
  • 09:31
Did we get it wrong again?

Did we get it wrong again?

I recall co-authoring a report in 1982 in which we predicted that future inflation would 9% a year for the long term. That sounds crazy…

More workers have DC plans
Capital accumulation plans

More workers have DC plans

The number of American workers with a DC plan continues to rise.

  • By: Staff
  • August 28, 2013 September 13, 2019
  • 15:54
Ontario pension system needs major reform

Ontario pension system needs major reform

After five years of piecemeal changes, Ontario’s pension system now requires substantial reform in order to resolve serious issues such as the scarcity of workplace…

  • By: Staff
  • August 28, 2013 September 13, 2019
  • 15:10

Dispelling public pension plan myths

Continually, on the HOOPP board we hear that DB pension plans—common in the public sector and unionized private sector workplaces—are gold-plated and not sustainable. Nothing…

Ontario’s tantalizing solution to the pension coverage crisis
Governance/legislation

Ontario’s tantalizing solution to the pension coverage crisis

In my last article, I alluded to the story of the mythological princess Cassandra. Ontario’s new rules governing target benefit plans (TBPs) remind me of…

  • By: Mark Firman
  • August 23, 2013 September 13, 2019
  • 10:45
Changes needed to ensure financial security
Governance/legislation

Changes needed to ensure financial security

The head of the Ordre des CPA du Québec told the province’s Committee on Public Finance can’t continue ignoring the flaws in the current retirement…

  • By: Staff
  • August 23, 2013 September 13, 2019
  • 10:45
Do Ontarians have enough to live on in retirement?
Other

Do Ontarians have enough to live on in retirement?

Sixty-four percent of Ontarians surveyed are worried they won’t have enough income to live on in retirement. Eighty-two percent of those who have DB plans…

Support dims for some D’Amours report proposals
Governance/legislation

Support dims for some D’Amours report proposals

Quebec’s special consultation into the D’Amours report on pension reform has revealed fading support for a number of its key proposals.

OMERS conducts pension data audit

OMERS conducts pension data audit

OMERS has started an annual audit of its pension database.

  • By: Staff
  • August 21, 2013 September 13, 2019
  • 17:41
DB plan sponsors struggling with costs

DB plan sponsors struggling with costs

Sponsors of DB plans continue to struggle with oversized pension costs, according to Morneau Shepell's annual compensation survey.

  • By: Staff
  • August 21, 2013 September 13, 2019
  • 10:37

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