Quebec court says Indalex does not apply
Quebec’s Superior Court has stated that Ontario’s recent Indalex ruling does not apply in Quebec. The Re Indalex Limited case found that, in some cases,…
- By: Staff
- May 4, 2012 September 13, 2019
- 10:54
Quebec’s Superior Court has stated that Ontario’s recent Indalex ruling does not apply in Quebec. The Re Indalex Limited case found that, in some cases,…
Earlier this week, Desjardins Financial Security announced it was suspending sales of “version 2” of its Helios GMWB product, effective April 27, 2012. DFS had…
Countries around the globe have been making changes to their pension legislation in recent months, as they attempt to balance aging populations, increasing longevity and…
On April 30, the Ontario government released a draft regulation to amend Ontario Regulation 909—the Pension Benefits Act (PBA) General Regulation—and a consultation document seeking…
The Ontario government has released a draft regulation to the Pension Benefits Act—amending Regulation 909 (General)—for comment by June 1, 2012.
Institutional investment consulting firm SHARE—an institutional investment consulting firm based in Vancouver—has released a guidance report for investors focused on corporate best practices in health…
British Columbia has introduced legislation that it says will enable employers to offer a wider choice of pension plan options.
It’s been a good year for Canadian pension plans so far, with funds showing their best results in close to two years, according to a…
One of the touted benefits of pooled registered pension plans (PRPPs) is that they involve an off-loading of fiduciary duty. The employer just has to…
Successful retirement planning includes an assessment of many risks, including how much annual retirement income will be needed, whether an individual will be able to…
More important today than ever before is having a retirement savings portfolio that’s balanced between capital preservation and capital accumulation. To help members achieve this,…
What role does an employer play in the health of its workforce? How can pension plan sponsors help members to make better investment decisions? Why…
Plan sponsors are failing their plan members when it comes to making them financially literate.
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…