Latest news in Capital accumulation plans

Fidelity supporting young Canadians’ financial literacy with video series

Fidelity Canada is supporting the future financial well-being of young Canadians through a new video series hosted by the organization’s employees. The series, known as…

Coverage of the 2023 Benefits & Pension Summit

The annual Benefits & Pension Summit, which was hosted virtually on June 1, is the only Benefits Canada event that brings together health benefits and capital accumulation…

2023 BPS coverage: Preparing CAP members for retirement in a challenging economic environment

High inflation and interest rates are having a real impact on people’s finances, according to Benefits Canada‘s 2023 CAP Member Survey, which found 76 per…

2023 BPS coverage: Millennials expect more from employers, group benefits plans

Since 2016, millennials have made up a larger share of the working population than baby boomers — and today, one in three Canadians of working…

2023 BPS coverage: How Fluor Canada is prioritizing plan members’ financial wellness

Citing a variety of surveys, Terry-Lynn Levy (pictured left), manager of human resources, benefits, wellness and HR information systems at Fluor Canada, said more than a…


ACPM urging feds to retain definition of DB provision, expand PRPP access

The Association of Canadian Pension Management is asking the federal government to consider changes in proposed amendments to the Pension Benefits Standards Act and Pooled…

  • By: Staff
  • June 26, 2023 June 23, 2023
  • 09:00

Changes to tax rules can improve Canadians’ retirement security: report

Changes to tax rules can improve Canadians’ retirement security and make the retirement system more equitable, according to a new report by the C.D. Howe…

  • By: Staff
  • June 23, 2023 June 22, 2023
  • 09:00

2023 Top 100 Pension Funds Report: How to improve retirement outcomes across diverse plan member groups

At the beginning of April, the OPSEU Pension Trust made a change to a definition in its plan text that will have meaningful implications for…

Younger 401(k) participants struggling with emergency savings, student debt: survey

Generation Z (28 per cent), millennial (25 per cent) and generation X (21 per cent) 401(k) members rank a lack of emergency savings as one…

  • By: Staff
  • June 19, 2023 June 15, 2023
  • 15:00

Top 5 HR, benefits, pension and investment stories of the week

An article on Saskatchewan’s Public Employees Benefits Agency transition to a not-for-profit corporation was the most-read story on over the last week. Here are…

  • By: Staff
  • June 16, 2023 June 15, 2023
  • 09:00

How different types of pension plans impact employee recruitment, retention

When Alaska switched its public education employees from two defined benefit pension plans to a 401(k)-style defined contribution plan, more staff left their positions, according…

  • By: Staff
  • June 13, 2023 June 9, 2023
  • 09:00

Saskatchewan’s pension and benefits administrator transitioning to not-for-profit model

Saskatchewan’s Public Employees Benefits Agency is transitioning to a not-for-profit corporation. The PEBA began pursuing the transition in 2021 at the request of the trustees…

58% of U.S. workers cite outliving assets as greatest retirement fear: survey

More than half (58 per cent) of U.S. employees say outliving their assets is their greatest fear in retirement, according to a new survey by…

  • By: Staff
  • June 9, 2023 June 8, 2023
  • 15:00

Amendment to Manitoba pension legislation providing flexibility for beneficiary designation

An amendment to Manitoba’s Beneficiary Designation Act allows a pension plan member’s legal representative to now make a beneficiary designation on behalf of the member if…

  • By: Staff
  • June 8, 2023 June 7, 2023
  • 09:00

Half of U.S. workers say rising costs, financial crises impacting retirement savings: survey

Roughly half of U.S. employees say rising costs (49 per cent) and recent financial crises (46 per cent) have caused them to reduce or stop…

  • By: Staff
  • June 6, 2023 June 6, 2023
  • 15:00

Why are individual pension plans poorly understood by the pension sector?

While individual pension plans have been around since 1991, they aren’t being widely used by the people they’re designed to help and remain poorly understood…

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Equitable Bank’s 2022 Workplace Benefits Awards’ win empowering employees to improve financial wellness

Equitable Bank’s 2022 Workplace Benefits Awards win is empowering employees to ask for more financial wellness benefits and to recognize the full range of resources…


Cyber attack compromises U.K. pension plan members’ personal information

The largest administrator of private defined benefit and defined contribution pension plans in the U.K. is revealing details about a cyber attack that compromised the…

  • By: Staff
  • May 25, 2023 May 25, 2023
  • 12:30

Just 34% of U.S. SMEs offering retirement benefits: survey

Just a third (34 per cent) of U.S. small- and medium-sized employers say they offer retirement benefits, according to a new survey by Fidelity Investments.…

  • By: Staff
  • May 17, 2023 May 16, 2023
  • 09:00

Manitoba, NL formally join multi-jurisdictional pension plan agreement

Manitoba and Newfoundland and Labrador have officially ratified an agreement on multi-jurisdictional pension plans, which will come into effect on July 1.  In March, the…

  • By: Staff
  • May 16, 2023 May 16, 2023
  • 12:30

Editorial: Fulsome total rewards package imperative in challenging labour market

There’s never a drought of challenges for employers and 2023 is proving no different. Today, they’re facing inflation, labour shortages, competition for hiring, high turnover…

Coverage of the 2023 DC Plan Summit

At the 2023 Defined Contribution Plan Summit, which was hosted in Montebello, Que. on Feb. 21-23, delegates learned from employer case studies and expert thought…

2023 DC Plan Summit: Why big decisions are so hard to make

Speaking during the keynote session at Benefits Canada‘s 2023 Defined Contribution Plan Summit, Seth Stephens-Davidowitz, New York Times’ bestselling author and former Google data scientist,…

2023 DC Plan Summit: Helping DC plan members mind the manageable risk gap

With group retirement plans aimed at helping members avoid risks and achieve their savings goals, defined contribution plan sponsors are uniquely positioned to step up…

2023 DC Plan Summit: DC industry’s objectives shifting from retirement to financial wellness

The traditional aim for the defined contribution pension industry has been helping plan members save for retirement, but as the nature of employment, plan design,…