A whole new regulatory environment is taking shape for banks and near-bank financial institutions. From an investor’s perspective, the new requirements—regardless of the form that…
The Saskatchewan Court of Appeal recently ruled that members of the Saskatchewan public service pension plan are not entitled to indexed pension benefits, beyond what…
It’s generally accepted in the retirement industry that the more informed and educated the participants, the more engaged they will be in a company’s retirement…
One province is finally listening to Minister of State for Finance Ted Menzies’ persistent call to take action with pooled registered pension plans (PRPPs). The…
After posting strong returns in the mid-2000s following the tech bubble, the Colleges of Applied Arts and Technology (CAAT) Pension Plan was hit hard in…
The Caisse de dépôt et placement du Québec announced yesterday that it earned a 9.6% return on assets in 2012. The return beat the plan’s…
Working Canadians may worry about whether they’re saving enough for retirement. But the majority of already-retired Canadians are happy with their post-work years, according to…
Roughly one in five Canadians age 50 and older doesn’t know how much they have saved for retirement, according to the results of a new…
One of the enduring myths in the Canadian pension scene is that we have held onto our DB plans more tenaciously than the rest of…
What exactly does Basel III mean for financial institutions and their risk-management practices?
OMERS—Canada’s second-largest pension plan, according to Benefits Canada’s 2012 Top 100 Pension Funds Report—today announced its 2012 financial results, highlighted by $5.7 billion in asset…
Picking investments for money earmarked for retirement isn’t a priority for most people, nor do most have a sufficient knowledge base to do this efficiently…
While 2012 saw strong investment returns for Canadian DB pension plans, solvency funding issues continued to be a challenge. With similar patterns expected to continue…
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…