Latest news in Capital accumulation plans

2022 DCIF: How Saskatchewan’s PEPP is adding alternative investments to its DC plan portfolios

When Saskatchewan’s Public Employees Pension Plan decided to make investments in alternative assets, it took a defined benefit approach to its defined contribution pension plan,…

2022 DCIF: What are the legal considerations for ESG investing for DC plan sponsors?

Increasingly, defined contribution plan sponsors are grappling with adding environmental, social and governance investing options to their plans as a growing number of members ask…

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

An article on the lack of benefits provided by small- and medium-sized employers in Eastern Canada was the most-read story on BenefitsCanada.com over the last…

  • By: Staff
  • October 14, 2022 October 13, 2022
  • 09:00
Editorial

Editorial: Looking back and ahead as Benefits Canada celebrates 45 years

The first issue of Benefits Canada hit the desks of the country’s human resources, benefits, pension and investment professionals in 1977, four years before I…

Head to head: Should employees be saving for retirement or focusing on other financial priorities?

As Canadians face continued economic uncertainty, a recent university graduate and a long-time teacher share their views on balancing different financial priorities. Sul Mahmood, age…

  • By: Leah Golob
  • October 14, 2022 October 14, 2022
  • 08:59

2022 Top 50 DC Plans Report: How are DC pension plans evolving?

While defined contribution pension plans currently outnumber defined benefit pension plans, this wasn’t always the case, recalls Bita Jenab, a principal at RetirementWorks Services Inc.…

45th anniversary column: Major shifts in benefits and their implications for employers

Our industry sometimes gets a bad rap for being overly traditional and slow to change. But there’s no question we’ve seen some major shifts in…

45th anniversary column: How employee benefits have changed in the last 45 years

I was a little daunted to write a piece for Benefits Canada’s 45th anniversary issue — it has been almost 15 years since I last…

  • By: Don Bisch
  • October 14, 2022 November 8, 2022
  • 08:52
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Canada’s retirement system remains strong, but DC pension plans facing inflation risks: report

While Canada’s pension system continues to rank well globally, the current economic environment poses particular risks for defined contribution pension plan sponsors and members, according…

  • By: Staff
  • October 13, 2022 October 12, 2022
  • 09:00
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Report finds employer contributions play a significant role in 401(k) plans

The vast majority (87 per cent) of 401(k) retirement plans — covering more than 90 per cent of 401(k) plan members — offer employer contributions,…

  • By: Staff
  • October 11, 2022 October 11, 2022
  • 15:00

Report finds U.S. DC plan members remain committed to saving, investing despite financial uncertainty

Defined contribution pension plan members in the U.S. are committed to saving and investing, as only two per cent stopped contributing to their plan in…

  • By: Staff
  • September 23, 2022 September 25, 2022
  • 15:00
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PIAC providing feedback on potential updates to Alberta’s private sector pension legislation

The Pension Investment Association of Canada is providing feedback on the Alberta government’s consultation draft of potential legislative and policy updates for private sector pension…

  • By: Staff
  • September 22, 2022 September 21, 2022
  • 09:00

Claims paid out to support mental health up 75% since 2019: CLHIA

Canadian life and health insurers processed nearly $600 million in claims related to mental health in 2021, up 45 per cent since 2020 and 75…

  • By: Staff
  • September 16, 2022 September 15, 2022
  • 09:00

2022 CAP Member Survey: Perceptions of CAPs against a changing economic landscape

After a tough couple of years, Canadians continue to face several challenges against an increasingly turbulent economic landscape. While most coronavirus restrictions were lifted in…

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Expert panel: How employers can support workers amid rising inflation

The modern economy is highly uncertain, with inflation and rising interest rates cutting into bottom lines everywhere. Employers are nervous as the cost of capital…

ACPM cautioning CAPSA on draft revisions to CAP guidelines

The Association of Canadian Pension Management is cautioning the Canadian Association of Pension Supervisory Authorities on its revisions to guidelines for capital accumulation plans. The…

  • By: Staff
  • September 9, 2022 September 8, 2022
  • 09:00
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New Brunswick PSPP announces 5.24% COLA, 0.32% below CPI

Members of the New Brunswick Public Service Pension Plan are receiving a cost-of-living adjustment that doesn’t cover increases in the cost of living in Canada.…

  • By: Staff
  • September 8, 2022 September 8, 2022
  • 13:00

Employers using debt repayment benefits to retain employees, alleviate financial stress

In 2019, Nick Smith graduated with $50,000 worth of debt — $30,000 in student loans and $20,000 with a student line of credit. Low-paying jobs and…

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PIAC providing feedback on CAPSA’s draft revisions to CAP guidelines

The Pension Investment Association of Canada is providing feedback on the consultation draft of revisions to the Canadian Association of Pension Supervisory Authorities’ guidelines for…

  • By: Staff
  • September 7, 2022 September 7, 2022
  • 15:00
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Nearly 60% of U.S. employers continuing student loan repayment benefits despite Biden’s forgiveness program: survey

Despite President Joe Biden’s new student loan forgiveness program, nearly two-thirds (60 per cent) of U.S. employers that currently offer a student loan repayment program…

  • By: Staff
  • September 7, 2022 September 6, 2022
  • 09:00
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Bâtirente’s diversified funds return between negative 4.63% and negative 8.87% in Q2

The second quarter of 2022 proved difficult for Bâtirente’s diversified funds, according to the organization’s investment strategy manager. “As was the case in the first…

  • By: Staff
  • August 30, 2022 August 30, 2022
  • 12:30
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Top 5 HR, benefits, pension and investment stories of the week

An article on the Royal Bank of Canada’s plans for returning employees to the office was the most-read story on BenefitsCanada.com over the last week.…

  • By: Staff
  • August 26, 2022 August 25, 2022
  • 09:00
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CAP member outcomes saw modest decline in Q2 as rising interest rates offset falling markets: report

Capital accumulation plan member outcomes saw a modest decline in the second quarter of 2022, as rising interest rates and the corresponding rise in annuity…

  • By: Staff
  • August 25, 2022 August 25, 2022
  • 09:06
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Majority of low to moderate income workers would invest in long-term savings plans with incentives: survey

The vast majority (90 per cent) of low to moderate income workers say they’d open a long-term savings account if they were offered incentives, according…

  • By: Staff
  • August 23, 2022 August 23, 2022
  • 09:00
Ontario DB pension solvency up again in third quarter: FSRA

19% of U.S. employees taking conservative approach to retirement savings: report

A fifth (19 per cent) of U.S. employees say they’ve adjusted their retirement strategy and are taking a more conservative savings approach amid economic uncertainty,…

  • By: Staff
  • August 19, 2022 August 21, 2022
  • 15:00