Eckler

Website: eckler.ca

Head office address (Canada): 5140 Yonge Street, Suite 1700, Toronto, ON M2N 6L7

Year established: 1927

Ownership structure: private, Canadian; owned and operated by active principals

Target market/client profile: pension plans, group benefits, insurers, and institutional investors

Number of professional staff: more than 400 employees

Canadian office locations: Toronto (head office), Vancouver, Winnipeg, Montreal, Quebec City, Fredericton, and Halifax; consultant presence in Alberta, Saskatchewan, and Newfoundland

Eckler is a Canadian actuarial and consulting firm based in Toronto, with offices across Canada and the Caribbean. The firm says it is Canada’s largest independent actuarial consulting firm and works with more than 500 clients. It is also a founding member of Abelica Global, a consulting alliance with member firms in 25 countries.

History of Eckler

The company traces its origins to 1927, when Samuel Eckler founded the firm in Toronto. It launched under the name Eckler Partners Ltd. and focused on pension consulting, government healthcare programs, and workers’ compensation work.

Samuel Eckler also served on the Ontario Committee on Portable Pensions, where the firm says he contributed to shaping pension legislation in Canada.

Building cross-border partnerships

In 1978, Eckler established a formal business relationship with Milliman, a US-based actuarial and consulting firm. The two firms have maintained that affiliation for more than four decades. That relationship extended both firms’ reach across a wide range of industries and client types.

The company also expanded beyond Canada and set up offices in Barbados and Jamaica. In 2015, the firm launched Club Vita Canada, a longevity analytics business, through its work in risk management.

The firm also partnered with Dr. Bonnie-Jeanne MacDonald as a resident scholar. Her research centres on the financial security of Canadians, an area closely tied to the company’s pension and retirement consulting practice.

Eckler’s recent milestones and industry coverage

In 2019, Eckler formalized a purpose statement centred on helping people and organizations build a more secure future. The firm appointed Richard Brown as managing principal in May 2023.

In 2025, the firm released findings from its annual compensation planning survey. The data showed projected average base salary increases of 3.3 percent across Canada in 2026.

That marked the third straight year of slowing salary growth nationally. Benefits and Pensions Monitor (BPM) covered Eckler’s 2026 compensation planning findings, which featured principal Anand Parsan on employer compensation trends.

In 2026, a session at the CPBI Saskatchewan Conference featured the firm’s senior director of pensions Troy Milnthorp. Milnthorp spoke about whether expanding the Canada Pension Plan could address retirement savings gaps for Canadians.

Eckler consulting specialties

Eckler provides consulting across the following specialties:

Pensions and benefits consulting

  • defined benefit pension consulting: actuarial guidance for DB plans
  • DC and CAP consulting: member retirement savings support
  • benefits consulting: group plan design and review
  • pension administration: custom plan management services
  • financial wellness: Guided Outcomes™ platform for members
  • risk management: liability and longevity risk solutions
  • communication consulting: member engagement for rewards programs
  • governance: compliance with plan legislation

Investment consulting

  • asset-liability management: assets matched to fund obligations
  • investment risk management: framework design for institutional portfolios
  • governance support: investment policy and committee oversight

Compensation consulting

  • total rewards strategy: pay programs for talent retention
  • salary benchmarking: market-rate comparisons for employers
  • pay equity analysis: fair pay review across roles

Eckler also consults for life and property and casualty insurers on actuarial challenges. The firm’s technology suite supports plan sponsors, insurers, and plan members. The firm provides dedicated consulting for Indigenous communities across Canada.

Leadership and governance

Richard Brown serves as managing principal and chair of the board of directors at Eckler. He joined the firm in 2013 as a pension actuary and has 20 years of experience in pension risk management. Brown also chairs the firm’s Risk Management Committee.

Brown leads Eckler’s senior team, which includes:

  • Jeff Cameron as COO
  • Kim Ozubko as general counsel, privacy officer, and corporate secretary
  • Paul Lai Fatt as senior director, pension
  • Edward Tsu-Jen Kuo as senior director, group benefits
  • Troy Milnthorp as senior director, pensions
  • Craig Mitchell as director, group benefits

The board of directors has eight members, drawn from principals across the firm’s practice areas. Other directors include:

  • Naomi Denning
  • Andrew Kulyk
  • Lisa Wade
  • Chris Brisebois
  • Marie-Andrée Boucher

The board oversees the firm’s strategy, long-term direction, and governance. Denning chairs the People and Culture Committee, Kulyk leads the Audit and Finance Committee, and Brown heads the Risk Management Committee.

Client base and market focus

Eckler serves a mix of public and private sector clients across Canada. Its client base includes:

  • pension plan sponsors
  • insurance companies
  • labour organizations
  • not-for-profit groups
  • multi-stakeholder bodies

The firm says some of its client relationships date back to founder Samuel Eckler.

Eckler’s reach in Canada and beyond

The firm’s consulting team works out of offices from Vancouver to Halifax, with additional consultant support in Alberta, Saskatchewan, and Newfoundland. All consulting teams are based in Canada, and the firm says senior leadership is embedded in each client engagement. It also maintains offices in Barbados and Jamaica for clients in the Caribbean.

For clients with operations outside Canada, the firm draws on its global alliances to provide informed advice across borders. That reach covers clients with interests in the US, the UK, parts of Europe, and Southeast Asia.

Eckler operates as an independent consulting firm and does not underwrite insurance or manage investment assets directly. The firm says that independence positions it to offer unbiased advice to plan sponsors, insurers, and institutional investors.

Awards, recognition, and industry involvement

Eckler has earned recognition for workplace culture and the contributions of its professionals.

Workplace and professional honours

Scholarships and community programs

Eckler runs a scholarship and award program at several Canadian universities. The scholarships support students in fields related to actuarial science, finance, and consulting. They are named after past firm leaders:

  • Samuel Eckler
  • M. David R. Brown
  • Murray Segal
  • Hugh G. White

The firm has also published a Reconciliation Action Plan that outlines its commitments to Indigenous communities across Canada. Its employees can also take part in a corporate social responsibility program through internal resource groups.

The latest Eckler news

Could an expanded CPP solve Canada’s retirement savings problem?

A bigger CPP would come at a price along with more questions than answers, says Eckler’s Troy Milnthorp

Most Canadian employers to keep salary increases at 2025 levels

New survey from Mercer indicates modest pay growth, minimal workforce changes

A year after CAPSA reform, DC sponsors confront governance gains, engagement gaps

CAPSA’s guideline reset shifts DC plans toward outcomes, advice and accountability, says DC experts

Employers walk a tightrope between cost control and compensation in 2026

Wage growth slows for a third year, but few organizations consider salary freezes for 2026

Why sponsors are in 'a bottleneck' as Shariah-compliant funds expand in DC Plans

'We need to make sure that everyone who is eligible to participate in the plan has the opportunity to do so and can benefit from it,' says Normandin Beaudry's Dimitri Poliak

'No choice to be absent from US markets'

Why does US remain key to pension portfolios amid trade turmoil? Development may not have triggered sweeping reallocations, but they are nudging some funds to rebalance, explains Eckler's Jason Campbell

How ‘thinking like a marketer’ can help with member engagement

Marketing experts at Fuse and Eckler argue why getting behind a Plan's brand can have a huge impact on trust, engagement and ultimately, retirement outcomes

Eckler survey projects 3.6 percent salary increase for 2025 as inflation eases

Healthcare and education sectors face compensation freezes, while Western provinces lead salary growth

Defined benefit pension plans strike back

Eckler principal and pension actuary, Jill Wagman, explains why the industry is no longer a "dying industry" and why DB plans are making a comeback

Employers can support employees through new year financial stress

As an institution they trust, employers are in a great position to offer programs to help their employees with financial planning, literacy, and wellness