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Federal public sector pension indexation rate set at 4.8% for 2024

The pension indexation rate for federal public sector pensions will be 4.8 per cent in 2024, according to the National Association of Federal Retirees. The…

Third of DC plan sponsors don’t expect employees to use financial wellness programs: survey

About a third (32 per cent) of defined contribution pension plan sponsors that currently don’t use a financial wellness program say it’s because they don’t expect…

  • By: Staff
  • November 16, 2023 November 15, 2023
  • 09:00
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RBC educating employees, reducing stigma around money matters through financial wellness hub

During Financial Literacy Month, the Royal Bank of Canada is supporting employees’ financial wellness through a new website that provides financial education and support. The…

2023 DC Investment Forum: Silver linings for retirement savings, investment trends and younger generations

Defined contribution pension plan members are currently in a different place, especially the younger generations, who are likely feeling as though their financial priorities don’t…

Ontario’s guidance for target-benefit MEPPs undermines incentives for plan sponsors: ACPM

The Ontario Ministry of Finance’s proposed guidance for multi-employer target-benefit pension plans undermines incentives for employers to contribute towards their employees’ retirement savings, including cost certainty,…

  • By: Staff
  • October 30, 2023 November 2, 2023
  • 09:00
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FSRA pension plan administration guidance requires clarity, consistency, says ACPM

The Financial Services Regulatory Authority of Ontario’s proposed guidance on pension plan administrator roles and responsibilities requires more clarity and consistency, according to the Association…

  • By: Staff
  • October 12, 2023 October 11, 2023
  • 09:00
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New target-benefit funding framework in Ontario to provide more flexibility for administrators, boards: expert

The Ontario government’s new funding framework for target-benefit plans that will provide more flexibility for plan administrators and boards, says Domenic Barbiero, principal at Eckler…

  • By: Sadie Janes
  • September 18, 2023 September 18, 2023
  • 09:00
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Newfoundland and Labrador arbitrator rules pension grievance can proceed despite late filing, citing ‘culture of acquiescence’

An arbitrator has ruled that a pension grievance filed seven years beyond a collective agreement’s time limit could proceed because of the employer’s “culture of…

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Updates to FSRA pension administration guidance will strengthen language around legal risks: expert

The Financial Services Regulatory Authority of Ontario is seeking feedback on proposed updates to its guidance on pension plan administrator roles and responsibilities. The updates…

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37% of U.S. employers say attraction, retention is No. 1 reason to offer non-qualified retirement plans: survey

More than a third (37 per cent) of U.S. employers that offer a non-qualified retirement plan say attraction and retention of key talent is their…

  • By: Staff
  • August 17, 2023 August 16, 2023
  • 09:00

Editorial: Deciphering the data

I’m sitting down to write this on the hottest day so far in 2023. Environment Canada has issued a multi-day heat warning in my region…

ChatGPT a game-changer for benefits communication, but risks remain with full automation: expert

While ChatGPT is helping benefits communications become more efficient, detailed and reliable, the risks may outweigh the rewards when it comes to full automation, says…

2023 CAP Member Survey: How CAPs are evolving to address changing financial priorities

With Canadians’ financial priorities shifting alongside a turbulent economic climate, including inflation levels not seen in decades and a never-ending rise in the cost of…

Is the single-employer DB pension plan dead or merely modernizing for the future?

Predictions of the demise of defined benefit pension plans are premature. The reality is DB is still alive and well in the public sector, with…

Coverage of the 2023 Benefits & Pension Summit

The annual Benefits & Pension Summit, which was hosted virtually on June 1, is the only Benefits Canada event that brings together health benefits and capital accumulation…

2023 BPS coverage: Preparing CAP members for retirement in a challenging economic environment

High inflation and interest rates are having a real impact on people’s finances, according to Benefits Canada‘s 2023 CAP Member Survey, which found 76 per…

2023 BPS coverage: How Fluor Canada is prioritizing plan members’ financial wellness

Citing a variety of surveys, Terry-Lynn Levy (pictured left), manager of human resources, benefits, wellness and HR information systems at Fluor Canada, said more than a…

2023 Top 100 Pension Funds Report: How to improve retirement outcomes across diverse plan member groups

At the beginning of April, the OPSEU Pension Trust made a change to a definition in its plan text that will have meaningful implications for…

How different types of pension plans impact employee recruitment, retention

When Alaska switched its public education employees from two defined benefit pension plans to a 401(k)-style defined contribution plan, more staff left their positions, according…

  • By: Staff
  • June 13, 2023 June 9, 2023
  • 09:00

2022 Pension Leadership Awards winners announced

The Canadian Investment Review is proud to announce the winners of the third annual Pension Leadership Awards. The winners are: Investment Officer of the Year Award: Duncan…

  • By: Staff
  • May 16, 2023 June 6, 2023
  • 08:00

Editorial: Fulsome total rewards package imperative in challenging labour market

There’s never a drought of challenges for employers and 2023 is proving no different. Today, they’re facing inflation, labour shortages, competition for hiring, high turnover…

Coverage of the 2023 DC Plan Summit

At the 2023 Defined Contribution Plan Summit, which was hosted in Montebello, Que. on Feb. 21-23, delegates learned from employer case studies and expert thought…

2023 DC Plan Summit: Why big decisions are so hard to make

Speaking during the keynote session at Benefits Canada‘s 2023 Defined Contribution Plan Summit, Seth Stephens-Davidowitz, New York Times’ bestselling author and former Google data scientist,…

2023 DC Plan Summit: Helping DC plan members mind the manageable risk gap

With group retirement plans aimed at helping members avoid risks and achieve their savings goals, defined contribution plan sponsors are uniquely positioned to step up…

2023 DC Plan Summit: DC industry’s objectives shifting from retirement to financial wellness

The traditional aim for the defined contribution pension industry has been helping plan members save for retirement, but as the nature of employment, plan design,…