It’s a little shocking to realize that 1,100 Canadians are turning 65 every day. Of that number, about 500 will be relying on their own…
As the new year begins, what are the key benefits, pension and investment issues facing plan sponsors in the coming months? For those providing benefits, drug…
“The Ontario Registered Pension Plan was dead: to begin with. There is no doubt whatever about that. . . . Old ORPP was as dead…
2016 was certainly an interesting year for the pension and investment industries. It was a year of political moves that rocked stock markets, a number…
The end of the calendar year is a time that many of us make resolutions for personal improvements to ensure the upcoming year is even…
The Financial Services Commission of Ontario has said it expects to perform an on-site examination of every pension plan in the province over the next…
The situation for Canada’s pension industry looked fairly uncertain at the beginning of 2016. A significant portion of the industry was bracing for the implementation…
When staffers on the comedy show Last Week Tonight joined a new 401(k) plan, they were set to pay 1.69 per cent in administrative expenses,…
How can plan sponsors encourage their employees to make better investment decisions? And what can they do to address the different behavioural tendencies across different…
Low interest rates, poor stock market returns and ongoing volatility are making it increasingly challenging to find investment solutions that will help plan members reach…
With U.S. investors under 30 putting a large portion of their defined contribution pension investments in target-date funds, the industry is growing quickly, Vanguard’s Matthew…
As the trend toward defined contribution pension plans continues to take shape, concern is growing over the potential for investors’ behavioural biases to affect their…
As defined contribution plans continue to transition from being a supplement to defined benefit pensions to become a mainstay of the retirement system, plan sponsors…
Instead of focusing only on retirement, a defined contribution pension plan should aim for smooth consumption throughout a member’s lifetime, BlackRock Inc.’s Matthew O’Hara told…
With three generations active in the workforce and another group about to join, defined contribution pension plan sponsors must consider the unique needs and behaviours…
Ikea will contribute an additional $153.5 million to its employees’ retirement savings programs this year, as part of Tack!, its loyalty program. “At Ikea Canada…
While 52 per cent of employee respondents said they would support automatic enrolment, just 27 per cent of employer respondents said they currently automatically enroll…
GE Canada has relaunched its online retirement tool to help employees understand how the organization supports them in saving for retirement and how they can…
Employers and employees have very different views on who bears the responsibility for ensuring employees retire successfully, according to Benefits Canada’s 2016 CAP Member Survey.…
While plan members feel fairly confident about their retirement prospects, employers aren’t quite so optimistic, Benefits Canada‘s 2016 CAP Member Survey has found. The biggest…
The majority of Canadians between age 35 and 54 are not saving enough for retirement, according to a new TD survey that looked at the…
The government of Manitoba has introduced legislation to bring pooled registered pension plans to the province, a move first referenced in the throne speech on…
The Ontario government spent $793,925 on new advertising out of the budget for the Ontario Retirement Pension Plan after cancelling the program, according to documents…
The government of Manitoba has announced it will introduce pooled retirement pension plans as a new option to help the province’s employees save for retirement.…
Domtar Corp. hosted its first total reward week at its Canadian head office in Montreal at the end of September to help employees understand their…