Latest news in Capital accumulation plans

Removing pension issues a solution to Canada Post stalemate: prof

Removing pension issues a solution to Canada Post stalemate: prof

While Canada Post Corp. has withdrawn the lockout threat it issued in early July to the Canadian Union of Postal Workers, the two sides remain…

Feds urged to boost group RRSPs through tax, rule changes

Feds urged to boost group RRSPs through tax, rule changes

The Investment Funds Institute of Canada is getting a head start on the next federal budget by calling for changes to the treatment of group…

  • By: Staff
  • August 9, 2016 September 13, 2019
  • 10:24
Which is better: DB, DC or a third way?

Which is better: DB, DC or a third way?

Which type of pension plan is better: defined benefit or defined contribution? While the answer may seem obvious to some, the question was the subject…

  • By: Glenn Kauth
  • August 9, 2016 September 13, 2019
  • 09:00
CRM2, regulatory actions abroad put fee transparency under the microscope

CRM2, regulatory actions abroad put fee transparency under the microscope

With the third phase of the Client Relationship Model, Phase 2 (CRM2) rules around fee disclosure in Canada now in effect and new regulatory actions…

CPP deal offers reprieve for group RRSPs

CPP deal offers reprieve for group RRSPs

Group registered retirement savings plans were in the hot seat when the Ontario government declared they wouldn’t be comparable for the purposes of the Ontario…

  • By: Yaelle Gang
  • August 9, 2016 September 13, 2019
  • 08:54
A primer on the Client Relationship Model (CRM2)

A primer on the Client Relationship Model (CRM2)

The Client Relationship Model is a regulatory effort designed to help clarify investment performance and costs for investors. Phase 1 What it involves: New disclosure…

How can employers prepare for the CPP expansion?

How can employers prepare for the CPP expansion?

Employers should start reviewing their current retirement plans to prepare for the 2019 expansion of the Canada Pension Plan, according to a Willis Towers Watson…

  • By: Staff
  • July 29, 2016 September 13, 2019
  • 09:00
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Membership in pension plans increased 1.2% in 2014: Statistics Canada

The number of workers in Canada who were members of a registered pension plan increased to more than six million people in 2014, according to…

  • By: Staff
  • July 29, 2016 June 30, 2025
  • 09:00
Have your say: Are you planning to change the design of your pension or benefits plan?

Have your say: Are you planning to change the design of your pension or benefits plan?

With cost containment a key concern for sponsors of benefit and pension plans, are you planning on making changes to your plan design in the…

  • By: Staff
  • July 18, 2016 September 13, 2019
  • 20:00
What are British pension plans’ top post-Brexit concerns?

What are British pension plans’ top post-Brexit concerns?

The top post-Brexit concern among defined benefit pension plans is the need for employers and trustees to discuss funding impact, cited by 58 per cent…

  • By: Staff
  • July 18, 2016 September 13, 2019
  • 10:55
IBM ordered to pay $23M to staff in connection to pension change

IBM ordered to pay $23M to staff in connection to pension change

IBM has been ordered to pay more than $23 million to 451 active and retired employees of its plant in Bromont, Que., a decade after…

Starbucks increases health benefits, stock plan and pay for U.S. employees

Starbucks increases health benefits, stock plan and pay for U.S. employees

Starbucks is launching an online health benefits platform, doubling its annual stock award program and raising base pay by at least five per cent for…

Women 80% more likely to be in poverty after retiring than men: study

Women 80% more likely to be in poverty after retiring than men: study

The average income for American women age 65 and older is 25 per cent lower than for American men in the same age group, according…

  • By: Staff
  • July 13, 2016 September 13, 2019
  • 08:36
Have your say: Who do you agree with in the Canada Post labour dispute?

Have your say: Who do you agree with in the Canada Post labour dispute?

With labour negotiations at Canada Post Corp. centred on a proposal to close its defined benefit pension plan in favour of a defined contribution component for new…

  • By: Staff
  • July 12, 2016 September 13, 2019
  • 08:05
What are U.S. pension plan sponsors’ top concerns?

What are U.S. pension plan sponsors’ top concerns?

Investment volatility (52 per cent), retirement benefit costs (49 per cent) and regulatory compliance (47 per cent) are U.S. employers’ top three concerns now and for…

  • By: Staff
  • July 8, 2016 September 13, 2019
  • 09:17

Most Canadian workers would leave job for better retirement support: survey

Seventy-seven per cent of Canadian employees would leave their jobs for better retirement support, according to new research by ADP Canada. The survey, which polled…

  • By: Staff
  • July 7, 2016 September 13, 2019
  • 08:37
Canada Post sticks to DC stance in issuing lockout notice to union

Canada Post sticks to DC stance in issuing lockout notice to union

Canada Post Corp. is sticking to its proposal to introduce a defined contribution pension plan for new workers as it issues a 72-hour lockout notice…

  • By: Staff
  • July 5, 2016 September 13, 2019
  • 09:42
71% of employers to focus on employees’ financial well-being: survey

71% of employers to focus on employees’ financial well-being: survey

Nearly three-quarters (71 per cent) of employers said they intend to focus on employees’ financial well-being in ways that expand beyond retirement decisions, according to…

  • By: Staff
  • June 30, 2016 September 13, 2019
  • 16:55
What’s a robo-advisor?

What’s a robo-advisor?

Robo-advisors represent the latest evolution of financial advice services and reflect the larger trend towards financial technology. By using software algorithms to assess investor risk…

A look at Canada’s financial literacy strategy

A look at Canada’s financial literacy strategy

The focus on financial literacy took an upswing in 2014 when Canada’s first financial literacy leader, Jane Rooney, met with stakeholders and held consultations across…

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‘Exciting time for retirement’ as CPP deal signals premium boost to 5.95%

Ottawa has reached an agreement in principle with most of the provinces to expand the Canada Pension Plan for the first time in nearly 20…

Despite complexities, expanded CPP the right call

Now that the finance ministers have reached an agreement on Canada Pension Plan expansion, you’d think we could all breathe a sigh of relief and…

Beware the legal risks of providing financial advice to staff

Beware the legal risks of providing financial advice to staff

Once Canadians have graduated from high school or postsecondary education, there isn’t really a formal environment that supports and facilitates group learning around issues like…

Clear objectives, transparency key to ensuring pension plan sustainability

Clear objectives, transparency key to ensuring pension plan sustainability

Much like the Greek philosopher Diogenes of Sinope and his search for an honest man, pension plan stakeholders have been seeking a sustainable plan design…

Robo-advisors eyeing the group pension market

Robo-advisors eyeing the group pension market

The pension industry has seen a number of issues disrupt the group retirement market recently. They include low interest rates, financial crashes, the switch to…