The Saskatchewan Pension Plan is improving investment choice for members in the accumulation phase and introducing new options to help them through decumulation as well.…
As if preparing for retirement wasn’t already a steep challenge, along comes the coronavirus pandemic and its impact on the global economy, throwing up even…
The Swedish word “tack” translates to “thank you,” which is precisely what IKEA is saying to employees with its Tack! loyalty program. In Canada, the…
While defined contribution pension plans evolve and defined benefit plans decline, the McGill University pension plan is a true blend of both types — at…
Compared to the preceding years, 2019 appears to be the year of steady when it comes to progress on hot topics that resonated in the…
The federal government’s proposals around advanced life deferred annuities and variable payment life annuities represent significant enhancements in decumulation options for Canadian capital accumulation plan…
While there isn’t reliable data on just how many people are disconnected from their old pension plans, the federal government says the number could be…
While the Pension Investment Association of Canada is praising Ontario’s 2019 budget proposals, it’s also questioning how the provincial government is planning to implement them. In a…
The House overwhelmingly approved a bill Thursday to promote retirement security by making it easier for small businesses and other companies to offer retirement plans.…
The Canadian pension industry must go beyond the defined benefit versus defined contribution debate and focus on the model of the future, according to a…
Plan administrators are welcoming the increased clarity accompanying the amendment of Ontario’s Pension Benefits Act to allow for the electronic designation of beneficiaries and the re-issue…
I was lucky enough to know my great-grandmother. I remember her living to the age of 94 — “incredible,” my family would say. But not…
A third of employees don’t expect to ever reach full retirement, according to a new survey by Aon. The survey, which polled 1,000 Canadians at all stages of…
When it comes to defined contribution pension plans, some “big rock” decisions for plan sponsors will have the most impact on member outcomes, while other…
When the World Economic Forum met this year in Davos, Switzerland, it chose a very timely topic: the fourth industrial revolution that’s about to be wrought by automation.…
Looks aren’t a solid basis on which to form a long-term relationship and neither is the surface-level appearance of a target-date fund. “In a perfect…
The Canadian Association of Pension Supervisory Authorities has outlined its priorities for April 2019 to March 2022 in its new strategic plan, which included initiatives…
While the process has been slow to date, it’s clear the migration to defined contribution pension plans will continue in Canada. Defined benefit assets comprised about 47…
The fourth quarter of 2018 saw the largest decline since 2011 in a retiring member’s ability to create a secure retirement income, according to a report…
While educational content is a key component of financial wellness programs, they must also be measurable and embrace technology to help defined contribution plan members move…
With the industry focused on retirement readiness and more defined contribution plan members on glide paths, it’s increasingly important for plan sponsors to choose default…
Does your organization’s mental health or diversity program deserve recognition? Are you leading the way when it comes to drug and benefits plan innovation? Is…
With the industry focused on retirement readiness and more defined contribution plan members on glide paths, it’s increasingly important for plan sponsors to choose default…
During a packed schedule at Benefits Canada’s 2019 Defined Contribution Plan Summit in Banff, Alta., on Feb. 6-8, DC plan sponsors heard about the solutions…
What makes people dishonest? And how can employers understand employees’ decision-making processes to curb dishonest actions? People are good at being creative and rationalizing why…