Picking investments for money earmarked for retirement isn’t a priority for most people, nor do most have a sufficient knowledge base to do this efficiently…
Canadians should have the choice to make additional voluntary contributions to the Canada Pension Plan in order to avoid facing a significant decline in living…
Despite economic improvements, a large portion of Canadians expects to work past the traditional retirement age of 65, mainly due to financial concerns.
Due to the dire financial situation of DB arrangements, more DB plan sponsors have started moving to DC over the last few years. For many,…
During this RRSP season, Canadian pension plan sponsors should consider reminding their members about the important role an RRSP plays in their retirement.
According to Sun Life’s 2012 Canadian Unretirement Index, 75% of early baby boomers in Canada (age 57-plus) are now looking for guaranteed income to help…
The federal government introduced pooled registered pension plans (PRPPs) because legislators were worried about the low levels of pension plan coverage in the private sector.…
While the efforts of most provinces to stem the decline DB plans haven’t gone beyond softening some funding requirements, New Brunswick has quietly taken the…
With current capital accumulation plan (CAP) participation rates typically around 55% to 60% in Canada, plan sponsors continue to search for ways that inspire employees…
Quebec is the only province to have mirrored the federal government’s move towards pooled registered pension plans (PPRPs). Immediately following the latest government election, the…
With DC pension plans continuing to gain prominence as a leading tool for employee retirement saving, Mercer has offered a list of steps plan sponsors…
When the federal government introduced legislation to create pooled registered pension plans (PRPPs) for federally regulated employees in November 2011, it confidently predicted that the…
When the federal government introduced legislation to create pooled registered pension plans (PRPPs) in November 2011, it proudly boasted that PRPPs would provide Canadians with…
Some employers are opting to automatically enroll employees in workplace retirement plans and to increase contribution rates in the same way. If only strong member…
Recent polls suggest that Canadians aren’t using two potentially valuable retirement savings vehicles to their full potential.
Employees are staying into the workforce for much longer than their parents and grandparents did. There are both social and financial reasons driving this trend.…
With governments and media constantly focused on Canadians’ lack of retirement savings—and high levels of household debt—the time may be right for employees to finally…
Bill Morneau called it the “perfect cure” for insomniacs. Fred Vettese noted that people who bought the book on Amazon.ca also bought Dark Night Rises.
Disappointingly few Canadians are participating in their workplace retirement savings plans. Those who do aren’t paying much attention. So capital accumulation plan (CAP) sponsors are…
For group retirement plan sponsors, the formula for getting employees interested in their plans is elusive. Education, promotions, contests—sponsors have tried just about everything to…
It’s a constant question for employers: how do you attract the best and brightest people to your organization and then keep them?
The recent announcement that global HR consulting firm Mercer had decided to transfer much of its Canadian pension and group benefits outsourcing business to Morneau…
In the benefits world, plan administrators and healthcare practitioners work to save lives and costs by ensuring that preventative measures are addressed before serious illnesses…
"Engage, engage, engage” is an apt mantra for the capital accumulation plan (CAP) industry. With disappointing levels of employee engagement in Canadian retirement savings plans,…
DC plan sponsors need to step up their support for plan members, suggests Towers Watson’s Retirement Attitudes Survey.