One sure way for sponsors of defined contribution pension plans to attract the attention of class action lawyers is to tell members what the value…
With finance ministers discussing potential enhancements to the Canada Pension Plan in Vancouver today, what would you like to see come out of today’s talks?…
The Alberta Superintendent of Pensions has released four interpretive guidelines to explain various legislative requirements around workplace pension plans that are registered in the province.…
Automatically raising workplace pension contributions in tandem with the cost of living is unnecessary because Canadian retirees spend less money once they reach age 70,…
Many working Canadians aged 50 and older are overly confident about their level of retirement preparation, a new study from Morneau Shepell has found. Their…
The Association of Canadian Pension Management is asking the Canadian Association of Pension Supervisory Authorities to allow for some flexibility in its revised guidelines on…
Nearly two-thirds (62 per cent) of Canadian employees would be willing to pay more out of their paycheque in order to receive a more generous…
Many companies – including Great-West Life, Starbucks and WestJet – offer employee share purchase plans to employees with the expectation of employee retention and entrepreneurial thinking. You may…
Time and time again, research reveals that defined benefit and target benefit plan members rank their annual pension statement as the single most important piece of…
Nearly two-thirds (65 percent) of global employees support auto-enrolment in workplace pension plans, according to a new report from the Aegon Centre for Longevity and Retirement…
The federal Office of the Superintendent of Financial Institutions has introduced several new disclosure amendments for the pension plans it regulates that will come into effect…
As companies consider their options around the Ontario Retirement Pension Plan, national employers with staff who work in Ontario and other provinces face additional questions about what to do.…
OTTAWA — While one business leader took a relatively soft tone towards the Ontario Retirement Pension Plan in remarks at a pension event yesterday, another…
Communication and a willingness to consider diverse groups have been key as Goodyear Canada has embarked on changes to its retirement offerings. Goodyear, which employs…
With many Canadians still reluctant to save for retirement, it’s time for plans to get more proactive about communicating the benefits of putting money away…
Expanding the Canada Pension Plan would be the best way to fend off the retirement crisis, presenters at the Standing Committee on Social Policy hearings…
The government of Ontario has assembled a nominating committee to recommend potential board members for the Ontario Retirement Pension Plan Administration Corporation. The chair of…
CSA Group has doubled employee participation in its defined contribution pension plan – from 40 per cent to 85 per cent – following a number of changes…
Should you beef up your defined contribution pension plan or axe it and enrol in the Ontario Registered Pension Plan instead? What if your plan is…
While the Ontario Retirement Pension Plan has provoked some apprehension about a potentially negative impact on defined contribution pension plans, a Benefits Canada survey of…
Canada’s workplace pension system is going through a recalibration due in part to an aging population and demographic shifts, declining coverage and unpredictable financial markets.…
The southern Alberta division of the Canadian Corps of Commissionaires has changed its defined contribution pension provider and structure in a bid to offer its 1,600 employees a…
Many plan sponsors aren’t aware of the level of oversight required for their defined contribution pension plans and the legal risks that comes along with…
Defined contribution pension plans put a significant onus on individuals to make decisions about their own retirement investments, something that leaves financial outcomes vulnerable to…
How has the retirement landscape changed over time and what can we expect in the future? Not surprisingly, people are living longer and, in many…