From the Pension Experts

Canadian defined benefit pension plans are among the best in the world, Healthcare of Ontario Pension Plan (HOOPP) President and CEO Jim Keohane said at a press conference to release the fund’s annual report, and results would support that conclusion. The plan’s funded status at the end of 2016 was 122 per cent,...

It made headlines. The father of the 401 (k) lamented that he had created a monster, and that if he could he would blow it up and start all over again. The American savings model certainly has its detractors, but was Ted Benna really saying he regretted using an Internal Revenue Service (IRS) code that led to the...

“We think the work that has happened to date has been useful and helpful, but let’s recognize that we are at the beginning of this conversation and we want to push the companies we invest in to give us more disclosure, and we also want to engage in a conversation with our peer plans about the best way to do...

It’s one challenge to accumulate adequate retirement income, quite another to turn those savings into income to keep one through a retirement that can stretch 20 or 30 years due to longevity gains. Canadians in work environments that provide a defined benefit pension have an easier path to retirement than those...

The numbers are similar, confirming that the crisis of inadequate retirement income crosses borders, oceans and international time zones. Driven by a range of factors such as increased longevity, an aging population, dwindling occupational pension coverage, and inadequate retirement savings, policymakers and others...

Responsible for delivering a secure and adequate retirement income stream to their members, Canada’s big public sector pension plans are also ideally positioned to play a key role in limiting and reversing the impact of climate change. They, and other large institutional investors, can do this by engaging and...

Advocacy for adequate retirement income features prominently on the Healthcare of Ontario Pension Plan’s (HOOPP) newly redesigned website, with a section focused exclusively on retirement security issues. “The advocacy section is an excellent resource for those interested in pension and advocacy issues …...