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Canadian employers are making ongoing changes to their pension and benefits offerings as the coronavirus pandemic drags on, according to a new survey by the International Foundation of Employee Benefit Plans. The survey found almost one in five (18 per cent) employers offering prescription drug coverage have extended the time allowed under prior authorization periods, […]

  • By: Staff
  • May 5, 2021 May 5, 2021
  • 09:00
Copyright_Vadym Malyshevskyi_123RF

Approximately 500 members of the St. John Ambulance pension plan are joining the Colleges of Applied Arts and Technology pension plan’s DBplus arrangement. The not-for-profit organization’s pension plan is comprised of an ongoing defined contribution plan and a defined benefit plan that was closed at the end of 2014, according to a press release. The […]

  • By: Staff
  • March 18, 2021 March 19, 2021
  • 15:00
ACPM calling on feds to streamline pension overpayment recovery

The Canadian Life and Health Insurance Association is calling on the federal government to provide Canadians with access to more-secure retirement income. In its submission to the 2021 federal budget, the CLHIA recommended that Canadians in and approaching retirement have access to flexible annuity options within registered pensions, registered retirement savings plans, registered retirement income […]

  • By: Staff
  • March 1, 2021 March 1, 2021
  • 15:00
NL’s College of Physicians and Surgeons latest employer to join DBplus pension

The College of Physicians and Surgeons of Newfoundland and Labrador is the latest employer to join the Colleges of Applied Arts and Technology pension plan’s DBplus. The college’s 14 employees were contributing to a defined contribution arrangement before joining the plan on Nov. 1. The individual employees have the option to convert their DC accounts […]

  • By: Staff
  • November 19, 2020 January 19, 2021
  • 09:00
Learn more about the DC Investment Innovation Award finalists

Pension investments are a key component of ensuring secure benefits for plan members upon their retirement. To celebrate the plan sponsors and pension investors who work hard to ensure strong investment outcomes, the first-ever Pension Leadership Awards will recognize winners across several categories. The Defined Contribution Investment Innovation Award will go to a DC pension […]

  • By: Staff
  • November 16, 2020 January 19, 2021
  • 09:08

The pension industry is at a turning point, with the asset value of defined contribution plans growing, while defined benefit plans are shrinking. “In a decade’s time, you will have a situation where DC will be almost $50 trillion in size, but DB will be $10 trillion in size and there will be big changes […]

The Canadian Investment Review launched the first annual Pension Leadership Awards in 2020 to recognize and award leading plan sponsors across several categories who are on the leading edge of pension investments. Over the past few months, a panel of expert judges has reviewed the nominations. We are pleased to announce the finalists for this […]

  • By: Staff
  • October 14, 2020 October 14, 2020
  • 08:13
Alain Malaket: An early-mover in the Canadian pension industry

While target-date funds are now a staple in the Canadian defined contribution pension industry, it wasn’t always so. Some of the first employers to bring target-date funds to Canada were George Weston Ltd. and Loblaw Companies Limited, says Alain Malaket, who is currently chief executive officer of InBenefits, but previously oversaw those organizations’ pension and […]

CAP plan sponsors focusing on learnings from first six months of pandemic

While many Canadians panicked and stocked up on toilet paper when a global pandemic was declared in March, most capital accumulation plan members stayed calm enough not to make fund changes, according to a webinar hosted by the Association of Canadian Pension Management on Thursday. “[We] found, overall, plan members appear to be staying the […]

  • October 5, 2020 January 19, 2021
  • 13:53

Defined contribution plan members are contending with volatile equity markets, ultra-low interest rates and the threat of inflation as the country’s economy begins its tentative recovery. In the first half of 2020, equities took an almost round trip, dropping significantly in the first quarter and recovering to the point that most markets are in neutral […]