pension policy – Benefits Canada.com

FSRA focusing on target-benefit framework for MEPPs, sustainability of PBGF in 2024-25 annual plan

bmcgovern — Wed, 17 Apr 2024 13:00:25 +0000

In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s defined benefit pension plan sector. The regulatory body will review and enhance its supervisory framework to strengthen supervision of large public sector pension plans, ensuring its plan amendments and surplus […]

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New target-benefit funding framework in Ontario to provide more flexibility for administrators, boards: expert

Sadie Janes — Mon, 18 Sep 2023 13:00:02 +0000

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 Ltd. The proposed framework requires trustees to establish a number of policies, including funding, benefits, communications and overall governance. “This proposal is the second iteration of a proposal from the […]

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Turning thought into action to strengthen Canada’s retirement income system

mschmit — Fri, 20 Mar 2020 05:47:19 +0000

With Canada ranking only ninth out of 37 countries on the Melbourne Mercer Global Pension Index, more can be done to move it up the list, said Keith Ambachtsheer, director emeritus at the International Centre for Pension Management, speaking at the Canadian Investment Review’s Plan Sponsor Exchange conference in February. Canada has an aging demographic […]

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How past performance impacts pension plans’ return targets

mschmit — Fri, 22 Nov 2019 03:51:48 +0000

While the fact that past performance is not a guarantee of future results is a familiar refrain, it appears public pension funds’ return expectations do correlate with how they’ve performed in the past. A paper by Aleksandar Andonov, an associate professor of finance at the University of Amsterdam and Joshua Rauh, director of research and […]

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5,000 Canadians Retiring Every Week

mschmit — Wed, 18 Jan 2017 13:20:38 +0000

Pressure mounts on pension industry to manage longevity risk.

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