Latest news in Capital accumulation plans

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Humi supporting workers with employer RRSP match, fertility drug coverage

Humi is supporting employees with an annual $500 employer match to its group registered retirement savings plan and fertility drug coverage. Andrea Bartlett, the human…

Demand for international pension, savings plans on the rise: survey

Demand for international pensions and savings vehicles is continuing to grow as employers try to optimize their benefits packages for different groups within their global…

  • By: Staff
  • March 9, 2023 March 7, 2023
  • 09:00

Mosaic, Unifor agreement includes pension, paid leave gains

The union representing 750 mining workers at Mosaic Potash Esterhazy Ltd. in Esterhazy, Sask. has ratified a four-year collective agreement that includes pension and benefits…

  • By: Sadie Janes
  • February 28, 2023 February 28, 2023
  • 09:00

Nearly all U.S. workers say it’s important for employers to provide a retirement savings plan: survey

Nearly all (98 per cent) U.S. employees believe it’s important for their employer to provide a retirement savings plan, according to a new survey by…

  • By: Staff
  • February 23, 2023 February 22, 2023
  • 09:00
ACPM calling on feds to streamline pension overpayment recovery

PIAC calls for going-concern plus regime, VPLAs, PRPP framework in pre-budget submission

The Pension and Investment Association of Canada is calling on the federal government to establish a going-concern plus regime as a long-term minimum funding requirement for…

  • By: Staff
  • February 15, 2023 January 17, 2024
  • 09:00

High inflation supercharging decumulation challenges

Finance’s toughest problem just got a whole lot trickier, thanks to the quandary of inflation. Legendary economist William F. Sharpe sealed his place in history…

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Converting private sector pension plans to public sector model would yield lifetime income for retirees: expert

Private sector pension plans could realize higher rates of return and produce lifetime income if they followed a model similar to their public sector counterparts,…

81% of U.S. public sector workers worry about retirement savings: survey

The majority (81 per cent) of U.S. public sector employees worry whether they’ll have enough money to last them through retirement, according to a new…

  • By: Staff
  • February 7, 2023 February 6, 2023
  • 09:00

FSRA promoting retirement planning with Pension Awareness Day

The Financial Services Regulatory Authority of Ontario is promoting retirement planning with its inaugural Pension Awareness Day on Feb. 16. Through the event, the FSRA…

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Survey finds 59% of gen Z workers have yet to start saving for retirement

More than half (59 per cent) of generation Z workers and a third (31 per cent) of millennials say they have yet to start saving…

  • By: Staff
  • February 3, 2023 February 3, 2023
  • 15:00

Top 5 HR, benefits, pension and investment stories of the week

An article on how British Columbia’s amended definition of provision for adverse deviation will impact the province’s target-benefit pension plans was the most-read story on…

  • By: Staff
  • January 27, 2023 January 26, 2023
  • 09:00

New pension plan design offers U.S. public workers retirement benefits, regardless of length of service

A new retirement plan design could allow more public employees in the U.S. to accrue retirement benefits regardless of their length of service, according to…

  • By: Staff
  • January 25, 2023 January 25, 2023
  • 09:00
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Domtar, Unifor agreements include pension, benefits gains

The union representing 450 employees at Domtar Corp. in Dryden, Ont. has ratified three collective agreements that include benefits and pension gains. The agreements include…

New U.S. pension law strengthening retirement savings for workers

A new U.S. law that aims to strengthen retirement support for workers holds valuable lessons for Canada’s retirement system, says one pension consultant. The Secure…

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Top 5 HR, benefits, pension and investment stories of the week

An article on the the latest investments by Canadian institutional investment organizations was the most-read story on BenefitsCanada.com over the last week. Here are the five…

  • By: Staff
  • January 6, 2023 January 6, 2023
  • 09:00

My Take: Tackling decumulation today will lead to retirement-ready workers tomorrow

For some Canadians, the term pension may still conjure images of a secure stash of money guaranteed to ensure a comfortable lifestyle in retirement. I…

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Use of custom TDFs increasing among U.S. DC pension plans: report

U.S. defined contribution pension plan sponsors are increasingly offering custom target-date funds, according to a new report by the Defined Contribution Institutional Investment Association. The…

  • By: Staff
  • January 3, 2023 January 3, 2023
  • 09:00

2022 CAP Suppliers Report: What’s on CAP sponsors’ wish lists for the coming year?

With the coronavirus pandemic and rising inflation causing economic uncertainty, capital accumulation plan sponsors are looking for new ways to help their members feel secure…

  • By: Sadie Janes
  • December 16, 2022 December 15, 2022
  • 08:57

2022 Healthy Outcomes Conference: Employers target timely, topical education in financial well-being strategies

Financial education and well-being initiatives are in the spotlight as employees face the stress of multiple financial headwinds — from inflation reaching a 40-year high…

Canadians’ pension wealth increased to $4.9 trillion in 2021: report

Canadians’ total pension wealth increased by 7.9 per cent in 2021 to reach nearly $4.9 trillion by the end of year, according to a new…

  • By: Staff
  • December 15, 2022 December 14, 2022
  • 09:00

Workplace pension plans rarely providing adequate retirement income for U.S. public employees: report

Workplace pension plans alone aren’t providing adequate retirement income for U.S. government employees, according to a new report by the National Institute on Retirement Security…

  • By: Staff
  • December 13, 2022 December 12, 2022
  • 09:00
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Jazz Aviation, Unifor agreement includes pension enhancements, bereavement leave

The union representing about 1,100 Jazz Aviation employees has ratified a five-year collective agreement that includes pension enhancements and bereavement leave. The agreement includes an…