New Quebec government to abolish pre-existing “orphan clauses”

Dec 17, 2018

The Quebec Minister of Labour, Employment and Social Solidarity has stated that the new Quebec government intends to force the elimination of “orphan clauses” between current and new employees.

CAPSA issues draft revised electronic communications guideline for pension plans

Dec 17, 2018

On November 1, 2018, the Canadian Association of Pension Supervisory Authorities (CAPSA) issued for public comment a newly revised draft Guideline No. 2 – Electronic Communications in the Pension Industry (the Draft Guideline).

2018 Ontario Economic Outlook and Fiscal Review

Dec 17, 2018

On November 15, 2018, the new Ontario government released the 2018 Ontario Economic Outlook and Fiscal Review (the Economic Outlook) and introduced Bill 57, the Restoring Trust, Transparency and Accountability Act, 2018.

National consultations on enhancing retirement security in Canada

Dec 17, 2018

On November 22, 2018, the federal government released a consultation paper inviting public comment on proposed approaches for enhancing security in the retirement income system.

Slowdown in life expectancy increases for Canadians raises retirement planning and funding questions

Dec 17, 2018

On September 20, 2018, the Chief Actuary at the Office of the Superintendent of Financial Institutions released the latest mortality experience factsheet for Old Age Security (OAS) recipients in Canada.

Tracking the funded status of pension plans as at November 30, 2018

Dec 17, 2018

The evolution of the financial situation of pension plans since December 31, 2017

Be generous, be humble, be hungry

Nov 29, 2018

CEO Today Magazine: When LifeWorks was acquired by Morneau Shepell in August, the deal was a validation of the business strategy and all the hard work that’s gone into making that vision a reality.

A look at the challenges employers face with an increasingly mobile workforce

Nov 23, 2018

Benefits Canada: As the world is getting smaller, its workforce is becoming more mobile.

The NHS cannot solve the UK mental health crisis alone

Nov 19, 2018

HRD Connect: There is a huge emphasis on the NHS to set a parity between mental and physical health within the UK, but the onus cannot rely upon the NHS alone, what are other institutions doing about it, and how can it's importance be...

Ontario funding reform update: Ontario requires amendments to Statements of Investment Policies and Procedures and plan texts

Nov 14, 2018

As part of Ontario’s funding reform which became effective May 1, 2018, most Ontario-registered defined benefit (DB) pension plans will have to make amendments to their Statements of Investment Policies and Procedures (SIPPs) and pension plan...