National consultations on enhancing retirement security in Canada
Dec 17, 2018On 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, 2018On 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, 2018The evolution of the financial situation of pension plans since December 31, 2017
FSCO Issues Administrative Monetary Penalties Guideline
Dec 17, 2018On 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...
Be generous, be humble, be hungry
Nov 29, 2018CEO 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, 2018Benefits 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, 2018HRD 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, 2018As 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...
New EI parental sharing benefit introduced and employment leaves expanded in Nova Scotia and New Brunswick
Nov 14, 2018The federal government recently set a start date for a new Employment Insurance (EI) parental sharing benefit that was announced in the 2018 Federal Budget.
Ontario draft policy: surplus withdrawal upon wind-up
Nov 14, 2018On October 15, 2018, the Financial Services Commission of Ontario (FSCO) announced that it was in the process of updating FSCO’s surplus policies based on changes to the Pension Benefits Act that became effective on July 1, 2012.