The use of target-date funds is on the rise in Canada, with more members of capital accumulation plans being offered the investment option every year.…
The majority (84 per cent) of organizations in Canada’s non-profit sector said inconsistent revenue or funding is the biggest barrier to offering a pension plan,…
Amazon made a big splash this week with its $15 an hour minimum wage announcement, but lost in the fine print: Existing warehouse workers will…
More than two-thirds (69 per cent) of Canadians would choose a new job with a group savings plan instead of staying at a current job without…
The Association of Canadian Pension Management is weighing in on the Canadian Association of Pension Supervisory Authorities’ consultation on its defined contribution pension plan guideline.…
The pension and retirement savings was once again the growth leader in the life and health insurance industry in 2017, according to the Canadian Life…
Canadian plan sponsors aren’t satisfied with the retirement products available for capital accumulation plans and aren’t especially confident their members will have the income they…
Longer living Canadians should have the option of pure longevity insurance and the government should facilitate Canadian insurers’ ability to offer it, according to a new…
Unifor members who work at the Toronto Marriott Bloor Yorkville have voted overwhelmingly to ratify a new collective agreement, which includes expanded benefits for dependants of…
The market value of assets held by Canadian trusteed pension funds rose to $1.9 trillion in the first quarter of 2018, up from about $1.85…
While the Canadian Life and Health Insurance Association generally supports the Canadian Association of Pension Supervisory Authorities’ proposed guideline on defined contribution pension plans, certain areas require further clarification.…
The Canada Mortgage and Housing Corp. is having déjà vu. After closing its defined benefit plan to new members in 2013 and introducing a defined…
Benefits Canada is proud to announce the list of finalists for the upcoming 2018 Workplace Benefits Awards. Winners across 10 categories will be announced at a…
While Canadians’ increasing longevity has been a growing issue for pension plans and providers alike, its effect on quality of living can vary significantly across income…
The Common Good Retirement Initiative is seeking feedback on the design of a collective retirement plan for Canadian employees in the non-profit and charitable sector. The initiative,…
Only 40 per cent of Canadians who are classified as precarious workers have access to pension plans or registered retirement savings plans, compared to 85 per cent of…
Franklin Templeton Investments Corp. is adding a suite of target-date funds to its offerings in Canada. Franklin LifeSmart is expanding to four new funds, covering new increments 2025,…
The Pension Investment Association of Canada has submitted its comments on the federal government’s unclaimed pension balances framework, noting the solution to the problem is the…
Improving the mental health of employees ranks ahead of physical health and wellness as a top priority for human resources leaders for 2019, according to a…
How do the following sound as headlines for the cover of Benefits Canada? Are they likely to make the cut any time soon? • “My…
Even as regulators move to expand decumulation options for Canadians in defined contribution pension plans, the degree to which employers will actually adopt the solutions…
The job of a pension consultant has evolved considerably over Bita Jenab’s 30-year career in the field. The mid-1990s saw a greater focus on governance…
Cashiers will often ask Canadian consumers if they’d like to donate to a charity as they pay for items at retail stores. But what about…
While there are nuances, I consider a target-benefit plan to be one that determines benefits to members on a defined benefit basis while setting out…
Quebec-based insurance broker Lussier Dale Parizeau Inc. is acquiring employee benefits advisor Trinome Conseils. Following the acquisition, Lussier Dale Parizeau will have nearly 800 employees…