When the Joint Forum of Financial Market Regulators released its final version of the Capital Accumulation Plan (CAP) Guidelines, it recommended that a plan sponsor…
A recovery in global stocks helped provide a boost to Canadian pension assets in the first quarter, according to RBC Investor Services. DB pensions earned…
Before I comment about this long-awaited report, I must indicate that I’ve been a pension consultant almost exclusively dedicated to DC for more than 10…
Scotiabank is buying 50% of BBVA’s Peruvian pension fund management business, AFP Horizonte, for $260 million.
The funded status of the 100 largest pension plan sponsors among U.S. publicly traded companies fell for the second straight year in 2012, despite strong…
Dairy Crest, one of the largest dairy producers in the United Kingdom, will add £60 million worth of cheddar cheese to its pension fund to…
Residents of Alberta will soon have the ability to invest in pooled registered pension plans.
The industry had positive things to say about the expert committee on the future of the Quebec retirement system, led by Alban D’Amours.
Canyon Lake, Calif., has told the California Public Employees’ Retirement System that it wants to end its relationship with the pension fund.
More than half of Intel’s 82,500 employees reside in the U.S., a fact that explains why the multinational tech company considers its employees to be…
A new longevity pension for those over 75 and reformed direct benefit plans are at the heart of proposals to ensure all Quebeckers have sufficient…
A whole lot has changed since Sunsuper’s CEO, Tony Lally, first presented at Benefits Canada’s DC Plan Summit in 2008. Back then, the multi-industry superannuation…
Last October, the U.K. experienced its biggest pension provision shakeup in generations when state legislation required employers to roll out auto-enrollment provisions for all eligible…
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…
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…
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,…
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…
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…
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…
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…
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,…
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…
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 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…
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…