Pensions Page 357

Top Stories in Pensions

U.S. DC plan members reduce equity exposure

U.S. DC plan members reduce equity exposure

In a period when equities performed better than other asset classes, American DC retirement plan members cut their holdings in domestic equities and increased their…

  • By: Staff
  • June 25, 2013 September 13, 2019
  • 09:54
Top 100 Pension Funds Report: Bouncing back

Top 100 Pension Funds Report: Bouncing back

The past few years for the pension industry have been difficult, to put it mildly. But for the Top 100 pension plans, things are starting…

Top 100 Pension Funds Report: A retrospective

Top 100 Pension Funds Report: A retrospective

Pension plans have had a trying time over the last few years. Stocks have taken investors for a ride, and a low interest rate environment…

Eckler purchases QSM survey rights

Eckler purchases QSM survey rights

Eckler Ltd. has acquired the rights to the Quantitative Service Measurement survey and its intellectual property from Corden Consulting Inc.

  • By: Staff
  • June 20, 2013 September 13, 2019
  • 14:24
Is a minimum pension funding strategy always optimal?

Is a minimum pension funding strategy always optimal?

Today, most Canadian single employer DB pension plans have large solvency deficits, and there continues to be significant focus on the large minimum contributions required…

  • June 20, 2013 September 13, 2019
  • 09:44

Early retirees cost federal pension plan $2 billion annually: Study

Federal public employees who retire early are eligible to collect a bridge benefit that can be as much as $105,000 per retiree, according to a…

  • By: Staff
  • June 18, 2013 September 13, 2019
  • 13:11
Canadian Wheat Board transfers pension risk to Sun Life

Canadian Wheat Board transfers pension risk to Sun Life

The Canadian Wheat Board has purchased a $150-million annuity policy from Sun Life Financial that transfers investment and longevity risk from its DB plan to…

  • By: Staff
  • June 18, 2013 September 13, 2019
  • 10:24
Chrysler plans to freeze pensions

Chrysler plans to freeze pensions

Chrysler will freeze its salaried employee DB plans effective Dec. 31, 2014.

  • By: Staff
  • June 17, 2013 September 13, 2019
  • 10:39
Plan members want retirement planning advice

Plan members want retirement planning advice

A poll conducted by J.P. Morgan Asset Management of more than 1,000 American workers participating in a DC plan has found that the vast majority…

  • By: Staff
  • June 14, 2013 September 13, 2019
  • 10:52
Pension funds’ market value up again

Pension funds’ market value up again

The market value of Canadian employer-sponsored pension funds totalled $1.2 trillion at the end of the fourth quarter, according to Statistics Canada.

  • By: Staff
  • June 13, 2013 September 13, 2019
  • 08:53
N.B. public sector funds top $10 billion

N.B. public sector funds top $10 billion

The financial assets of New Brunswick’s public service, teachers’ and judges’ pension plans reached an all-time high of $10.1 billion at the end of March,…

  • By: Staff
  • June 13, 2013 September 13, 2019
  • 08:45

Time for a national retirement strategy

The results of 60 Second Survey conducted recently by Morneau Shepell showed that a significant majority of plan sponsors polled agreed that Canada is suffering…

Hybrid plans’ popularity soars

Hybrid plans’ popularity soars

The increase in the number of cash balance plans in the United States has jumped nearly 500% over the last decade, according to a report.

  • By: Staff
  • June 12, 2013 September 13, 2019
  • 10:51

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