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CAP member income replacement ratios hit six-year high: report

Despite muted investment returns in the third quarter of 2021, capital accumulation plan member outcomes improved as annuity rates continue to rise, according to Eckler…

Copenhagen students win global prize for designing collective DC pension plan

Four undergraduates from the Copenhagen Business School have claimed the top prize at the 2021 McGill International Portfolio Challenge by designing a collective defined contribution…

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How employers can solve the inflation puzzle amid war for talent

As inflation hits a record high in Canada, employers are helping workers weather the storm through various benefits and compensation offerings, according to several experts.…

Nordstrom offering hiring, overnight bonuses this holiday season

Nordstrom Inc. is ramping up its hiring efforts this holiday season by offering new employees up to $650 in incentive pay. As the busy holiday…

  • By: Staff
  • November 24, 2021 November 24, 2021
  • 15:00
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AIMCo sees quarterly returns of 1.7 per cent, CPPIB up 3.8 per cent

The Alberta Investment Management Corp. saw returns of 1.7 per cent during the third quarter of 2021, according to its quarterly report. Between July and…

  • By: Staff
  • November 23, 2021 November 24, 2021
  • 09:00

Top 5 HR, pension and benefits stories of the week

A story looking at dynamic pension pools as a decumulation option took the top spot over the past week on BenefitsCanada.com. Here are the five most popular…

  • By: Staff
  • November 19, 2021 November 19, 2021
  • 09:05
Editorial: Company culture in the age of coronavirus

Editorial: Discussing decumulation, slow pace of change in Canada’s pension industry

If I’ve learned one thing about the Canadian pension industry over the past six years, it’s that change comes at a snail’s pace. When I…

A look at the Co-operators Group’s new decumulation offering

One, as Harry Nillson crooned in his classic breakup song, can feel like the loneliest number. At the end of working life, many retirees with…

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Employers see retirement benefits as top attraction, retention tool: survey

A majority of Canadian employers believe providing workplace retirement savings plans can improve employee attraction and retention, according to a survey by Maru Group Ltd.…

ACPM urging Retraite Québec to address recovery measures timing in draft pension amendment

The Association of Canadian Pension Management is calling on Retraite Québec to review its draft amendment of a regulation governing supplemental pension plans. In a…

  • By: Staff
  • November 16, 2021 November 16, 2021
  • 15:00

Dynamic pension pools a viable decumulation option for Canadians: report

With 10 million Canadian baby boomers entering retirement, dynamic pension pools could help seniors turn their accumulated savings into low-cost lifetime pension income, according to…

  • By: Staff
  • November 16, 2021 November 15, 2021
  • 09:00

FSRA releases final guidance on impact of marriage breakdown on pension benefits

The Financial Services Regulatory Authority of Ontario is clarifying its guidance on the administration of pension benefits upon marriage breakdown. The final guidance, which came into…

  • By: Staff
  • November 12, 2021 November 12, 2021
  • 15:00

Automatic features in DC pension plans may benefit members: FSRA

The Financial Services Regulatory Authority of Ontario is encouraging defined contribution pension plan sponsors and administrators to evaluate the use of automatic features within the…

  • By: Staff
  • November 12, 2021 November 11, 2021
  • 09:00
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Award finalists discuss mental health, enhanced communications amid pandemic

More than 19 months into the coronavirus pandemic, employers are focusing on enhanced mental-health offerings and streamlined communications for their benefits and pension plans. During a…

Top 5 HR, pension and benefits stories of the week

A story looking at the award-winning strategy behind Canadian Forest Products Ltd.’s ongoing support for employees’ savings and retirement goals took the top spot over…

  • By: Staff
  • October 29, 2021 October 29, 2021
  • 09:00

Canfor wins award for educating employees on retirement savings

Canadian Forest Products Ltd.’s ongoing support for employees’ savings and retirement goals resulted in a win in the Financial wellness category at Benefits Canada’s 2021…

Scotiabank awarded for making pension statements more accessible

Scotiabank’s focus on making essential pension information more accessible to plan members was recognized at Benefits Canada’s 2021 Workplace Benefits Awards on Oct. 14. The bank won…

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Italy’s public pension system favours early retirees: report

The decision to favour contributors to Italy’s defined benefit pension plan during its transition to a defined contribution model favours early retirees and disadvantages younger…

  • By: Staff
  • October 21, 2021 October 21, 2021
  • 11:00

More U.S. not-for-profit employees participating in retirement savings plans: survey

Despite the coronavirus pandemic’s impact on the U.S. not-for-profit sector in 2020, employees participated in 403(b) retirement plans at the highest level since tracking began…

  • By: Staff
  • October 20, 2021 October 19, 2021
  • 09:00

Toronto seafood market engaging employees with profit-sharing plan, health benefits

A Toronto-based seafood market is using its benefits and compensation offerings to engage employees in an industry hit particularly hard by the coronavirus pandemic. David…

Who are the winners of the 2021 Workplace Benefits Awards?

Benefits Canada is thrilled to announce the winners of the 2021 Workplace Benefits Awards. At a virtual roundtable and awards ceremony on Thursday, 23 finalists gathered to discuss their leading benefits and…

  • By: Staff
  • October 15, 2021 October 15, 2021
  • 09:05

Top 5 HR, pension and benefits stories of the week

A look at a survey finding employees are prioritizing workplace benefits plans amid an increasingly competitive job market took the top spot as the most-read story…

  • By: Staff
  • October 15, 2021 October 15, 2021
  • 09:00

2021 Top 50 DC Plans Report: Refreshing pension plans to boost engagement, outcomes

While renovation shows on television tend to take a sledgehammer to every surface in a house for dramatic effect, there’s another way. Defined contribution pension…

Focusing on TDF glide paths as migration from DB to DC plans continue

The selection of a target-date fund glide path is more crucial than ever as the migration from DB to DC pension plans continues. Since its…

Collective DC pension plan designs offer benefits to sponsors, members: report

Collective defined contribution pension plans could begin to replace DC plans, just as DC plans have replaced the majority of defined benefit plans in recent…

  • By: Staff
  • October 8, 2021 October 8, 2021
  • 09:00