In comparing the Canada Pension Plan to private pensions, a new study finds the latter face more regulatory hurdles, are more complex and face higher…
Schroders Investment Management Ltd. is appointing Shawn Cohen as institutional director, a role aimed at building relationships with defined contribution record keepers and third-party asset…
The Canadian Life and Health Insurance Association is tweaking its approach to its compensation disclosure guideline, including a provision to allow advisors to deliver the information…
Retirement firm Common Wealth is part of a new effort aimed at creating a national, portable retirement plan for Canada’s non-profit sector. The goal of…
United Steelworkers union members in western Labrador have ratified a five-year collective agreement that includes increases to medical benefits, pensions and wages. More than 1,300…
Blue Pier is introducing a new customized, fully outsourced workplace pension plan to encourage all employers to offer retirement savings programs to their employees. The…
As lobbying efforts intensify to keep Canadian Nuclear Laboratories’ employees in the public service pension, plans are moving ahead to convert a multi-union, multi-employer plan into a…
If re-elected, the Ontario Liberals are promising to expand access to workplace pension plans in the private sector, improve portability and create options for the self-employed…
With the aging of Canada’s population, the move to defined contribution pension plans in the private sector and increases in life expectancy, the issue of…
Earlier this month, the Pension Investment Association of Canada came out in support of Ontario’s proposed regulations for variable benefits from defined contribution pension plans.…
Pension plan sponsors can save money by ensuring their plan texts and other communications materials are free of mistakes, says Mitch Frazer, a partner and the chair…
Despite his death earlier this year, Ikea founder Ingvar Kamprad’s influence lives on at the international furniture behemoth. The notoriously frugal Kamprad reportedly flew economy class,…
There has been a lot of talk about variable benefits from defined contribution pension plans recently. Ontario has changes in the works to allow them, while…
More than a quarter of generation Xers in Canada haven’t saved anything for retirement, a new survey from Franklin Templeton Investments Corp. has found. While…
A prescription drug cap is among the issues in a strike by United Steelworkers union members in western Labrador. The union members work for the Iron…
Hub International Ltd. has acquired yet another benefits brokerage: Quebec-based Les Avantages Sociaux Delta Inc. Based in the Montreal area, Delta provides support and actuarial…
The Ontario Teachers’ Pension Plan has appointed Dale Burgess as senior managing director of infrastructure and natural resources. Burgess has been serving as interim head…
While Canada’s defined contribution pension industry faces many challenges, the continuous improvement of offerings from service providers is one of the things that’s working, according to Western…
At Benefits Canada’s Defined Contribution Plan Summit in Montreal in February, member engagement and communication were a clear focus of many of the presentations. Case…
From governance to engagement, plan sponsors are looking for solutions to improve their defined contribution pension plans. What tools are available to plan sponsors to…
With emotions often preventing people from acting in their own interest, nudges that lever behavioural finance theory to account for them can generate better retirement…
With defined contribution pension plans at various stages of evolution around the world, how are plan members faring in different countries? At Benefits Canada’s Defined…
When Searles Valley Minerals Inc. upgraded its pension plan offerings, the situation appeared complicated. The average age of the 761 plan participants at the Kansas-based…
Finding ways to leverage the engagement of plan members in order to optimize their experiences, decision-making and outcomes was a recurring theme at Benefits Canada’s…
While improving a defined contribution pension plan may appear to be simple, ensuring employees fully understand the changes is a crucial part of the exercise,…