Latest news in Capital accumulation plans

Nova Scotia introduces PRPP legislation

Nova Scotia introduces PRPP legislation

Nova Scotians will soon have a new option to save for their retirement.

  • By: Staff
  • October 15, 2014 September 13, 2019
  • 12:34
Majority of Canadians don’t have a workplace retirement plan

Majority of Canadians don’t have a workplace retirement plan

Only 47% of working age Canadians (those 25 years of age and older) have a workplace retirement savings plan.

  • By: Staff
  • October 15, 2014 September 13, 2019
  • 11:29
Employees depend on workplace benefits

Employees depend on workplace benefits

For middle-class workers in the United States, the workplace is a critical source of financial security.

  • By: Staff
  • October 15, 2014 September 13, 2019
  • 10:23
Decumulation strategies

Decumulation strategies

With about 400,000 Canadians expected to retire each year over the next 17 years, sponsors of DC pension plans should be considering their role in…

  • By: Sonya Felix
  • October 10, 2014 September 13, 2019
  • 14:56
Plan governance and de-risking DC

Plan governance and de-risking DC

Sponsors of DC pension plans may well wonder if they are doing enough to avoid potential risks if the plan doesn’t provide the expected retirement…

  • By: Sonya Felix
  • October 10, 2014 September 13, 2019
  • 13:06
Shift to DC leads to higher costs: Report

Shift to DC leads to higher costs: Report

Converting large public sector DB plans to DC arrangements is not a financial panacea; instead, it would create higher costs, inefficiencies and increased risks for…

  • By: Staff
  • October 8, 2014 September 13, 2019
  • 11:51
Saving for retirement requires a strategy

Saving for retirement requires a strategy

It’s critical for individuals to have an idea of how much retirement income will be generated by their current savings strategy, says Janice Holman, a…

  • By: Staff
  • October 8, 2014 September 13, 2019
  • 11:25
Do retirement plans really attract and retain employees?

Do retirement plans really attract and retain employees?

Employers agree that retention and attraction of quality employees is one of their biggest goals in the HR department. Popular belief tells us that a…

  • October 6, 2014 September 13, 2019
  • 11:54
National Bank offering VRSPs

National Bank offering VRSPs

National Bank has obtained approval to offer voluntary retirement savings plans to all employers, employees, individuals and professional associations in Quebec.

  • By: Staff
  • October 3, 2014 September 13, 2019
  • 10:44
Your pension plan is a big deal—so promote it!

Your pension plan is a big deal—so promote it!

If you’re having trouble getting your plan members to understand and appreciate their pension benefits, ask yourself this: Do you celebrate your pension plan? Do…

Editorial: Breaking point

Every year, Benefits Canada, with the support of sponsors, conducts a CAP Member Survey to gauge the views and attitudes of plan members toward their…

Gamification motivates plan members to take action

Gamification motivates plan members to take action

Employees participating in a gamified online program have increased contributions to their workplace savings plan or opened a new product, according to Sun Life Financial.

New pension, benefits obligations for employers coming

New pension, benefits obligations for employers coming

Companies with employees in Ontario, particularly companies that sponsor or administer employee benefits plans, will be affected by the passage of Bill 21, the Employment…

  • By: Staff
  • September 23, 2014 September 13, 2019
  • 10:33
Federal government releases proposed PBSR amendments

Federal government releases proposed PBSR amendments

Last Friday, the federal government released the next round of proposed amendments to the Pension Benefits Standards Regulations, which will change or enact new provisions…

2014 Top 50 DC Pension Plans Report: Hit the road, Jack

2014 Top 50 DC Pension Plans Report: Hit the road, Jack

Retiring employees might get a handshake, a gold watch or even a goodbye party. But for DC plan members...is it enough?

  • By: Tony Palermo
  • September 22, 2014 September 13, 2019
  • 07:00
Royal Trust offers VRSPs

Royal Trust offers VRSPs

The Royal Trust Company, a wholly owned subsidiary of RBC, is now licensed to offer voluntary retirement savings plans to employers in Quebec.

  • By: Staff
  • September 10, 2014 September 13, 2019
  • 10:33
Shift from DB to DC stabilizes

Shift from DB to DC stabilizes

The retirement plan landscape is stabilizing as fewer U.S. companies last year moved from DB plans to offering only a DC plan to new salaried…

  • By: Staff
  • September 5, 2014 September 13, 2019
  • 11:37
Pension plan membership levels increase

Pension plan membership levels increase

Membership in registered pension plans (RPPs) rose in 2012 as more employees were enrolled in DC or hybrid plans, according to Statistics Canada.

  • By: Staff
  • August 28, 2014 September 13, 2019
  • 11:16
Help your retiring DC members

Help your retiring DC members

A few years back, we held a session at the annual Avantages Montreal DC conference and asked the sponsor audience how likely they would get…

Morneau Shepell now offering VRSPs

Morneau Shepell now offering VRSPs

Morneau Shepell Asset & Risk Management, a wholly owned subsidiary of Morneau Shepell, has completed the final step required to offer a voluntary retirement savings…

  • By: Staff
  • August 21, 2014 September 13, 2019
  • 15:53
Simplified investment options can benefit plan sponsors, members

Simplified investment options can benefit plan sponsors, members

Constructing a simpler menu of investment choices can help plan sponsors' employees get more from their DC plan, according to a BMO white paper released…

  • By: Staff
  • August 21, 2014 September 13, 2019
  • 11:58
Standard Life to offer VRSPs for CFIB members

Standard Life to offer VRSPs for CFIB members

The Canadian Federation of Independent Business and Standard Life have signed an agreement to create a retirement savings solution designed for CFIB's members, including one…

  • By: Staff
  • August 21, 2014 September 13, 2019
  • 11:53
More employees participate in DC plans

More employees participate in DC plans

An increased number of American workers are participating in DC plans.

  • By: Staff
  • August 19, 2014 September 13, 2019
  • 16:22
Reform needed for retirement systems

Reform needed for retirement systems

Pension and retirement systems need to reformed rapidily at a global level to meet demographic challenges, according to a report from EY.

  • By: Staff
  • August 14, 2014 September 13, 2019
  • 11:27
Many DC plan members don’t increase contributions

Many DC plan members don’t increase contributions

More than one-third of Americans that contribute to an employer-sponsored retirement plan have never increased the percentage of their salary they contribute to their company's…

  • By: Staff
  • August 12, 2014 September 13, 2019
  • 13:31