Every year, companies must establish an expense for their defined benefit pension plans.
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.
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).
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.
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 questionsDec 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.
The evolution of the financial situation of pension plans since December 31, 2017
On November 13, 2018, the Financial Services Commission of Ontario (FSCO) issued a guideline that summarizes legislative provisions respecting Administrative Monetary Penalties (AMPs) under the Pension Benefits Act (the Act) and outlines the...
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.
Benefits Canada: As the world is getting smaller, its workforce is becoming more mobile.