Procrastination, confusion and a harried lifestyle are all causes of plan member inertia. DC pension plan providers continue to look for ways to break through…
With DC plans, getting the message out is rarely the problem. With email, printed communications and the exploding realm of social media, it’s easy to…
The industry often focuses on improving employee engagement in company retirement plans and educating employees on saving for retirement. Less attention is given to the…
Expanding the Canada Pension Plan (CPP) is a risky proposition that could actually hinder the plan’s performance, according to study released by the Fraser Institute.…
Every year, the pension industry conducts research that measures how engaged participants are in their retirement plans. Despite tremendous efforts by plan sponsors to educate…
Statistics are a funny thing. They can be twisted and turned and manipulated to support or refute nearly any question. But they serve an important…
The continuing demographic shift has put the retirement income issue into the spotlight and prompted discussion between government, the private sector and Canadians. But people’s…
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…