Pension plans down in Q3
The market value of Canadian employer-sponsored pension funds dropped to $1.06 trillion at the end of the third quarter of 2011, down 1.7% from Q2,…
- By: Staff
- March 13, 2012 September 13, 2019
- 12:57
The market value of Canadian employer-sponsored pension funds dropped to $1.06 trillion at the end of the third quarter of 2011, down 1.7% from Q2,…
Ottawa should move to reform seniors' benefits by letting recipients choose richer payments, later, from the Old Age Security and Guaranteed Income Supplement programs if…
With a standard planning tool, we can plug in RRSP savings of a million dollars and an assumed investment return of 5% a year and…
The Nova Scotia government has announced it’s making a change to provincial pension regulations in order to help flailing Dalhousie University.
What does the “new world order” mean for individual investors? Colin Ripsman, vice-president with Phillips, Hager & North, delved into that question at the firm’s…
The majority of Canadians lack retirement security and the federal government’s proposed pooled registered pension plan (PRPP) will do little to reduce risks for these…
Surgeons are recognized for their precision more so than for their communication skills—and for that reason, there’s a lot we can learn from them about…
Instead of advocating that public sector pensions be slashed as an emotional response to pension envy, small and medium-sized private sector businesses might more productively…
Canadian pension plan sponsors are preparing for sustained pension turmoil by making changes to plan design and investment strategies, according to results from Towers Watson’s…
Pension standards legislation in Canada allows an employer to act as the administrator of its single employer pension plan. However, as a plan administrator, an…
There’s a growing pessimism settling over the Canadian pension landscape, according to a recent survey by Towers Watson.
Back in December, the federal government eliminated the last vestiges of mandatory retirement in Canada. It did this by repealing the sections of the Canadian…
In its 2026 budget, the Quebec government said it intends to enhance the appeal of voluntary retirement savings plans amid low uptake of the savings…
More than half (56 per cent) of plan members say email is the most effective way to communicate with them about their savings plans, according…
In its sophomore year under the Employee Savings Survey banner, Benefits Canada’s annual check in with plan members about their financial priorities and the condition of…
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…
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…
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…