Half (49 per cent) of U.S. employees younger than age 34 are withdrawing early from an individual retirement account or 401(k), according to a new…
An article on Stelco Inc.’s $1.3 billion annuity buy-in for one of its defined benefit pension plans was the most-read story on BenefitsCanada.com over the…
A quarter of single seniors live below the poverty line in Canada and the problem is getting worse, with employer-sponsored pension plans not accessible to…
Just 0.9 per cent of 35 million U.S. defined contribution pension plan members ceased making contributions during the first quarter of 2022, according to a…
Culture risk management can be enhanced within existing risk management frameworks, says the Canadian Institute of Actuaries, adding it doesn’t see a need for a…
The Saskatchewan Pension Plan is allocating parts of its balanced fund to Ninepoint Partners and Fengate Asset Management in a bid to further diversify its portfolio. Ninepoint…
While there’s broad interest in environmental, social and governance factors, the majority of U.S. defined contribution pension plan consultants said their plan sponsor clients are…
Defined benefit pension plans and defined contribution pension plans are uncertain about how to incorporate environmental, social and governance issues into their investment processes in…
The Pension Investment Association of Canada is urging the federal government to allow for tax-free mergers of maturing target-date funds. In a letter to the…
More workers may soon be able to stake some of their 401(k) retirement savings to Bitcoin, as cryptocurrencies crack even deeper into the mainstream. Retirement…
As the default funds in defined contribution plans evolve, two experts weigh in on the merits of more customized options. Olivia S. Mitchell, professor and…
In the fall of 2021, 39-year-old Krista Lehman quit her job as a program assistant at a Vancouver post-secondary institution to take a mental-health break…
Almost two-thirds (62 per cent) of U.S. defined benefit plan sponsors are seeking to exit their plans, while 33 per cent are looking to achieve…
Three-quarters (75 per cent) of defined contribution plan sponsors cite reviewing fees as the most important step they took to improve their fiduciary position in…
Higher investment fees in capital accumulation plans can potentially set an individual’s retirement date back by four years, according to Mercer’s latest retirement readiness barometer.…
More than a third (38 per cent) of U.S. employees increased their 401(k) contributions by an average of three per cent in 2021, according to…
The Office of the Superintendent of Financial Institutions and the Financial Services Regulatory Authority of Ontario are putting forward six recommendations for strengthening the Canadian Association…
The 2022 Defined Contribution Investment Forum, held virtually on Jan. 21, explored how generational priorities impact investment options and strategies, including the growing importance of environmental,…
Defined contribution plan sponsors must carefully consider diversification and risk as they evaluate their target-date fund strategy to ensure it’s meeting the needs of members.…
Asset managers have responded to a growing demand from investors for socially responsible investing, with pledges to integrate environmental, social and governance factors into the…
While target-date funds have traditionally been a one-sized-fits-almost-all solution, innovation to integrate environmental, social and governance-oriented strategies into these funds is coming just as plan…
Defined contribution plan sponsors are facing much more challenging market conditions heading into 2022, with lower expected returns across core asset classes and high levels…
Alternative assets have long been the domain of institutional investors seeking to increase their risk-adjusted returns, but defined contribution plan sponsors now have the opportunity…
KPMG Canada has seen firsthand the benefits that environmental, social and governance investing can have on employees’ retirement savings and the wider world. It recently…
The Pension Investment Association of Canada board is prioritizing a return to business as usual and the expansion of the association’s membership in 2022. The…