Since just about half of private sector workplaces in the U.S. offer some type of retirement plan, many employees in dual income houses could be failing…
If there’s one thing Canada’s pension industry can agree on, it’s the work that needs to be done around defined contribution pension plans. In February,…
On Jan. 1, 2018, Germany introduced pension legislation aimed at strengthening workplace pensions by creating a system of collective defined contribution plans. And yet, a…
The Canadian Association of Pension Supervisory Authorities has published an updated version of its guideline No. 8 for defined contribution plans, focusing on three main…
In a showdown between tax-free savings accounts and registered retirement savings plans, Canadians have a clear favourite: more than half said they prefer to put their money in…
Portable non-employer retirement benefits could be a useful tool in addressing the underperformance of the U.S. retirement system as a whole, according to a new…
When the Canada Pension Plan enhancement took effect on Jan. 1, 2019, did you feel the pinch in your first paycheque of the year? The…
While defined contribution plans can currently pay variable benefits to members at retirement in British Columbia, Alberta, Saskatchewan, Manitoba, Quebec and Nova Scotia, the Ontario…
From banks to insurers to the federal government, retirement calculators are a regular feature of the financial planning landscape. At their most basic, they use…
No risk, no reward. Like many things in life, investing inertia and fear are common, but they come with a cost. In the investment world,…
Postmedia Network Inc. has entered an agreement to merge its pension plans with the Colleges of Applied Arts and Technology pension plan. The merger of the Postmedia plans…
The introduction of more flexible annuity options for capital accumulation plans and reform to prescription drug coverage are among the recommendations by the Canadian Life and Health…
Despite market turmoil, Canadians are saving more in their registered retirement savings plans, led by strong growth among millennials, according to the Bank of Montreal’s annual RRSP…
The union representing 1,900 non-academic workers at the University of Saskatchewan is raising objections to a proposal the school has tabled to eliminate its defined benefit…
In the fourth industrial revolution, technology is changing at a fast pace with a rolling effect on various industries. It’s also changing how people work, spend their…
There are major differences between what defined contribution plan sponsors are trying to communicate to members and what members hear, according to a new study by Invesco.…
iA Financial Group is introducing a virtual assistant to help personalize group benefits and pension plan member experience. The virtual assistant can be accessed using Google…
Belonging to an employer-sponsored pension plan can help boost returns on workers’ outside investments, according to new research by Statistics Canada. Although previous research examined…
While 2018 ushered in a number of significant changes to Ontario’s pension legislation, including a major revamping of the funding rules for defined benefit plans,…
Readers were focused on the Canada Pension Plan and old-age security in 2018, with the top three most read stories tackling those topics. Benefits Canada rounds…
The market value of assets held by Canadian trusteed pension funds grew 0.6 per cent between the first and second quarters of 2018, according to data from Statistics…
An animal welfare charity is facing legal action from a former employee who says he was fired after raising concerns about the organization’s pension investments…
The 40 employees at Welkin Child and Youth Services in Woodstock, Ont. have voted to take strike action if they can’t reach a new collective agreement…
Shifting demographics have always driven Canadian pension plan design, and the growth of the millennial generation as the largest portion of the workplace is no…
Aon has partnered with six Canadian insurance providers to offer traditional and flexible benefits through its Aon Choice platform. The new partnership includes Sun Life…