Top 5 HR, benefits, pension and investment stories of the week
A story on how Organon Canada is supporting women employees at every stage of their career was the most-read story on BenefitsCanada.com. Here are the top…
A story on how Organon Canada is supporting women employees at every stage of their career was the most-read story on BenefitsCanada.com. Here are the top…
In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…
Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee…
Employer-sponsored retirement plans that offer matching contributions can help younger workers retire earlier and with more money, according to a new report by Mercer Canada.…
Nearly half (47 per cent) of U.S. millennials are moderately confident in their ability to accumulate enough retirement savings, according to a new survey by…
More than £50 billion in U.K. pension benefits were at risk of being misplaced in abandoned accounts or scattered across multiple lost pots in 2023,…
Employees of Candu Energy Inc., Canadian Nuclear Laboratories and Global First Power are joining the Colleges of Applied Arts and Technology’s DBplus pension plan. Unionized…
Clear and flexible regulations that reflect the nature and diversity of target-benefit plans would allow these plans to thrive, according to a new report from…
Canadian employees who rent or who have mortgage payments are managing economic pressures — like high interest rates and the rising cost of living — by…
Global pension assets increased by 11 per cent to reach US$55.7 trillion in 2023, up from $50.2 trillion at the end of 2022, according to…
Retiring baby boomers are in an era of decumulation anxiety, as they convert their pension assets into income that they fear won’t hold up over…
More than half (55 per cent) of Americans say they’re worried they won’t achieve financial security in retirement, according to a new survey by the…
The vast majority (89 per cent) of U.S. employees say they’d be more likely to continue working for an employer that offered a retirement plan,…
The average rate of contribution by U.S. Black and Hispanic workers to employer-sponsored retirement plans is roughly 40 per cent lower than that of white…
Fewer than four in 10 Black Americans say they’ve saved or are saving enough for retirement according to a new survey by LIMRA. The survey,…
An article on the Canada Revenue Agency’s guidance for how employers must determine the province of employment for remote workers was the most-read story on…
For its second annual Pension Awareness Day on Feb. 15, the Financial Services Regulatory Authority of Ontario is holding information sessions for its employees to…
An article on the Ontario Court of Appeal’s affirmation of a $1.5 million punitive damages award was the most-read article on BenefitsCanada.com this week. Here are the…
The Quebec government’s removal of the maximum annual amount that can be paid to people aged 55 and older with a variable benefit account tied…
Since decreased cognition can impact retirees’ ability to make sound decisions, the Canadian Union of Public Employees urges its members to discuss financial matters with…
While Blair Richards understands why the industry is moving away from defined benefit pension plans, he worries about what may be lost in the process.…
An article on the Canadian Life and Health Insurance Association’s priorities for the coming year was the most-read story on BenefitsCanada.com this past week. Here…
In the coming year, the Association of Canadian Pension Management is looking forward to the possibility of participating in final consultations on policies and legislation…
While the vast majority (91 per cent) of Canadian workers say they’re saving for retirement, just 69 per cent are confident they’re saving enough, according…
The impacts of climate change and federal super-priority legislation on Canadian pension plans are among the issues that the Canadian Institute of Actuaries is monitoring…