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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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.…