Statistics Canada reported in its Pension Plans in Canada survey that, in 2006, just under 220,000 Canadians were members of small registered pension plans (plans…
In a speech to the Canadian Club of Montreal, the president of Sun Life Financial in Québec, Isabelle Hudon, said she is highly optimistic about…
The Quebec government is getting kudos from the industry for being the first province to introduce a new pension program for workers that lack private…
The Investment Industry Association of Canada (IIAC) is calling on the federal government to cut capital gains taxes and increase contribution limits for RRSPs and…
Several of the stories we’ve run on BenefitsCanada.com over the past few weeks have triggered a lot of discussion. When we asked if convicted felons…
The federal government’s proposed pooled registered pension plans (PRPPs), as well as any subsequent retirement income system reform undertaken in Canada, should be designed to…
Canadian plan sponsors, administrators and providers give clear communication and plain language around benefits, pensions and other HR programs lip service, but few make any…
In a presentation today to the Investment Industry Association of Canada, which was clearly designed to influence the upcoming federal budget, Jack Mintz, the executive…
Aon Hewitt has introduced a fully integrated advisory program to its 401(k) recordkeeping clients. Under the relationship, Aon Hewitt Financial Advisors, LLC, an Aon Hewitt…
Consumer confidence is higher now than it was in November of last year and people are also felling better about their fiances, according to the…
Do you think because you have a group RRSP a pension plan isn’t necessary? If you want employees to start saving for retirement it is.…
The Canadian Association of Pension Supervisory Authorities (CAPSA) has released its draft Pension Plan Prudent Investment Practices Guideline and the companion document, the Self-Assessment Questionnaire…
Early in the year, a client asked us “What would be the best DC plan?” My first reaction was that the “best” plan would vary…
After months of being lectured on their debt accumulation habits, Canadians have apparently taken up another bad habit, in part to combat the first: raiding…
The pooled retirement pension plan (PRPP) announced last year represents a positive first step toward ensuring that all Canadians have sufficient opportunity to save for…
While the federal government’s proposed pooled registered pension plan (PRPP) has its critics, pension plan sponsors welcome the relief that it could afford them, according…
There’s no question that designing, communicating and administering a DC pension plan is complex. So why was Keep it Simple the theme of this year’s…
Loving is not just looking at each other, it’s looking in the same direction, as goes the adage. But when it comes to money, Canadian…
From Investmentreview.ca With most Canadian private-sector workers lacking access to a defined benefit (DB) pension plan – and with the ones who do facing Nortel-like…
Recent RBC survey data shows how many Canadians have TFSAs, and what they’re doing with them. Looking at the Canadian public as a whole, an…
Few Canadians will voluntarily educate themselves about financial matters—especially when it comes to retirement planning. Just ask the many plan sponsors and providers that have…
As the attention of both Canadian governments and citizens is increasingly focused toward ensuring adequate income is saved for retirement, Mercer has proposed 10 resolutions…
Phillips, Hager & North Investment Management (PH&N) has launched new funds for institutional investors PH&N LifeTime Funds are target date investment solutions that offer a…
Pooled registered pension plans (PRPPs) as a solution to increase pension coverage for Canadians is a notion that was widely supported in the industry when…
Nearly two million Canadians will retire over the next five years, according to figures from Statistics Canada. Not only will this massive influx of retiring…