Employee Recommended Workplace Award finalists announced

May 16, 2017

The Globe and Mail: Thirty-two Canadian companies have earned the distinction of being named an Employee Recommended Workplace in the first year of the awards developed by Morneau Shepell and The Globe and Mail.

Retirees are too pessimistic on their investments — and it's costing them

May 16, 2017

Money: Adults in retirement are less optimistic than younger groups about future economic growth, stock-market returns and long-term personal financial well-being, new research shows.

Tracking the funded status of pension plans as at April 30, 2017

May 11, 2017

The evolution of the financial situation of pension plans since December 31, 2016

Ontario budget: Children and Youth Pharmacare

May 11, 2017

Under the heading “Helping Parents”, the 2017 Ontario Budget has introduced OHIP+: Children and Youth Pharmacare (OHIP+), proposing free prescription drug coverage for four million children and youth aged 24 and under in Ontario.

Impact on pension expense under international accounting as at April 30, 2017

May 11, 2017

Every year, companies must establish an expense for their defined benefit pension plans.

New mortality improvement scale

May 11, 2017

On April 28, 2017, the Canadian Institute of Actuaries (CIA) issued the draft Task Force Report on Mortality Improvement.

Quebec: New rules for member-funded pension plans

May 11, 2017

A draft Regulation was published in the Gazette officielle du Québec on April 12, 2017 to amend some of the rules for Member-Funded Pension Plans (MFPP).

Letter of credit limits for federally regulated DB plans

May 11, 2017

On April 29, 2017, the Federal government posted draft regulations to amend the Pension Benefits Standards Regulations 1985 (the “PBSR”).

Alberta: Draft guideline on governance, investment and funding policies

May 11, 2017

On March 28, 2017, the Alberta Treasury Board and Finance (the “regulator”) released a new draft of Interpretive Guideline #12 – Governance, Investment and Funding Policies (“IG-12”).

Ontario budget: Pension announcements

May 11, 2017

On April 27, 2017, Ontario released its 2017 Budget. The Budget includes a number of important announcements of future changes to Ontario pension legislation and regulation.