pooled registered pension plans – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Tue, 07 May 2024 20:29:28 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Amendment to Manitoba pension legislation providing flexibility for beneficiary designation https://www.benefitscanada.com/pensions/governance-law/amendment-to-manitoba-pension-legislation-providing-flexibility-for-beneficiary-designation/ Thu, 08 Jun 2023 13:00:55 +0000 https://www.benefitscanada.com/?p=139525 An amendment to Manitoba’s Beneficiary Designation Act allows a pension plan member’s legal representative to now make a beneficiary designation on behalf of the member if they can’t make the designation themselves. However, the representative can only designate a beneficiary if the plan renews, replaces or converts a plan made by the participant and the same […]

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]]> CLHIA calling for pension innovation, access to cheaper drugs in provincial budgets https://www.benefitscanada.com/news/bencan/clhia-calling-for-pension-innovation-access-to-cheaper-drugs-in-provincial-budgets/ https://www.benefitscanada.com/news/bencan/clhia-calling-for-pension-innovation-access-to-cheaper-drugs-in-provincial-budgets/#respond Tue, 04 Feb 2020 05:00:31 +0000 https://cumulus.benefitscanada.com/uncategorized/clhia-calling-for-pension-innovation-access-to-cheaper-drugs-in-provincial-budgets/ The Canadian Life and Health Insurance Association is highlighting new retirement savings options and access to cheaper drugs in its priorities for the Quebec and Newfoundland and Labrador provincial budgets. In its submission to Newfoundland’s finance minister, the CLHIA called for the government to make pooled registered pension plans available in the province. Citing Statistics Canada data that […]

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]]> https://www.benefitscanada.com/news/bencan/clhia-calling-for-pension-innovation-access-to-cheaper-drugs-in-provincial-budgets/feed/ 0 Pooled fund pension managers post negative return for Q4 2018 https://www.benefitscanada.com/news/bencan/pooled-fund-pension-managers-post-negative-return-for-q4-2018-report/ https://www.benefitscanada.com/news/bencan/pooled-fund-pension-managers-post-negative-return-for-q4-2018-report/#respond Fri, 25 Jan 2019 12:15:08 +0000 https://cumulus.benefitscanada.com/uncategorized/pooled-fund-pension-managers-post-negative-return-for-q4-2018-report/ The final quarter of 2018 was choppy for pension managers’ pooled funds as they posted a median return of negative 5.6 per cent, contributing to the year’s overall median return of negative 2.7 per cent, according to Morneau Shepell Ltd.’s pension performance universe. “The bond market posted a positive return of 1.4 per cent for 2018,” said Jean […]

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]]> https://www.benefitscanada.com/news/bencan/pooled-fund-pension-managers-post-negative-return-for-q4-2018-report/feed/ 0 Manitoba looking to launch PRPPs this fall https://www.benefitscanada.com/news/bencan/manitoba-looking-to-launch-prpps-this-fall/ https://www.benefitscanada.com/news/bencan/manitoba-looking-to-launch-prpps-this-fall/#respond Fri, 11 Aug 2017 05:36:01 +0000 https://cumulus.benefitscanada.com/uncategorized/manitoba-looking-to-launch-prpps-this-fall/ Manitoba is a step closer to carrying out its plan to offer pooled registered pension plans. Yesterday, Finance Minister Cameron Friesen said enabling legislation and regulations came into effect Aug. 1. “Many employees and self-employed Manitobans do not have access to a workplace pension,” said Friesen. “These pooled registered pension plans are designed to help […]

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]]> https://www.benefitscanada.com/news/bencan/manitoba-looking-to-launch-prpps-this-fall/feed/ 0 Saving Pooled Registered Pension Plans https://www.benefitscanada.com/canadian-investment-review/research-markets/saving-pooled-registered-pension-plans/ https://www.benefitscanada.com/canadian-investment-review/research-markets/saving-pooled-registered-pension-plans/#respond Thu, 15 Dec 2011 07:58:30 +0000 https://cumulus.benefitscanada.com/uncategorized/saving-pooled-registered-pension-plans/ Ambachtsheer and Waitzer: It’s up to the provinces.

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]]> https://www.benefitscanada.com/canadian-investment-review/research-markets/saving-pooled-registered-pension-plans/feed/ 0 Building accountability into the PRPP framework https://www.benefitscanada.com/pensions/governance-law/building-accountability-into-the-prpp-framework/ https://www.benefitscanada.com/pensions/governance-law/building-accountability-into-the-prpp-framework/#respond Fri, 21 Jan 2011 10:38:09 +0000 https://cumulus.benefitscanada.com/uncategorized/building-accountability-into-the-prpp-framework/ It has been a month since Canada’s finance ministers emerged from their Kananaskis, Alta. meeting and announced agreement on moving forward with the pooled registered pension plan (PRPP), and shelving Canada pension plan (CPP) expansion for now. Predictably, perhaps, the financial services industry has applauded the PRPP, while the labour movement have decried it as […]

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