registered pension plans – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 03 May 2024 21:03:19 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 PIAC asking B.C. to refrain from limiting entities that can offer variable life benefits https://www.benefitscanada.com/pensions/governance-law/piac-asking-bc-to-refrain-from-limiting-entities-that-can-offer-variable-life-benefits/ Wed, 24 Jan 2024 14:00:03 +0000 https://www.benefitscanada.com/?p=151019 The Pension Investments Association of Canada is calling on the British Columbia government to refrain from setting limits on the type of entities that can offer variable life benefits. In an open letter, the association said a competitive landscape that includes a broad scope of service providers, including registered pension plans, would be beneficial for retirees, noting […]

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]]> More than 6.6M Canadians participating in employer-sponsored pension plans: StatsCan https://www.benefitscanada.com/pensions/retirement/more-than-6-6-million-canadians-participating-in-employer-sponsored-pension-plans-stats-can/ Wed, 20 Jul 2022 13:00:47 +0000 https://www.benefitscanada.com/?p=124425 The percentage of Canadians participating in an employer-sponsored pension plan continues to rise, with roughly 6.6 million plan members in 2020, up 57,000 from 2019, according to a new report from Statistics Canada. It found more than 4.4 million Canadians were covered by a defined benefit pension plan in 2020, up 1.7 per cent from 2019, noting the majority (72 […]

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]]> Expert panel: Understanding the changing legal climates for institutional investors https://www.benefitscanada.com/news/cir-news-news/expert-panel-understanding-the-changing-legal-climates-for-institutional-investors/ Tue, 20 Jul 2021 16:00:10 +0000 https://www.benefitscanada.com/?p=104304 In case you missed it, a recent legal opinion by pension lawyer Randy Bauslaugh suggested plan sponsors might be personally liable for failing to consider risks posed by climate change in the institutional investment decision-making process. Bauslaugh’s paper connected the dots between the current evidence on the materiality and urgency of the financial implications of climate change and the recent reflection of this […]

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]]> Pension membership on the rise in Canada: StatsCan https://www.benefitscanada.com/news/bencan/pension-membership-increasing-in-canada-statscan/ Wed, 07 Jul 2021 19:00:37 +0000 https://www.benefitscanada.com/?p=103557 More than 125,000 Canadians became active members in a registered pension plan in 2019, according to a new report by Statistics Canada. It found the number of active members was up two per cent from 2018 to just over 6.5 million. Women accounted for more than three-quarters of the increase in new memberships — up 97,500 from 2018 to 3.3 million — while about 28,000 more men joined […]

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