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Top Stories in Pensions

Canadian women confident about retirement finances: poll

Canadian women confident about retirement finances: poll

The majority (seven in 10) of Canadian women age 45 and older said they feel confident they’ll be able to afford the lifestyle they want…

  • By: Staff
  • February 20, 2020 November 12, 2020
  • 09:15
Do workers delaying retirement feel financially trapped?

Do workers delaying retirement feel financially trapped?

Should I stay or should I go? That’s the question employees are asking regarding their retirement, but they’re getting mixed answers from their employers. In…

  • By: Staff
  • February 14, 2020 November 30, 2020
  • 09:05
A look at one of Canada’s oldest multi-employer target-benefit plans

A look at one of Canada’s oldest multi-employer target-benefit plans

Jim Flynn, a trustee of the Nursing Homes and Related Industries Pension Plan and a former assistant regional director of the Canadian Union of Public…

Are elements of U.S. pension reform worthy of Canadian consideration?

Are elements of U.S. pension reform worthy of Canadian consideration?

The first major reform to the U.S. retirement system in a decade, the Setting Every Community Up for Retirement Enhancement Act, contains provisions that could…

Canadians concerned about retirement readiness: surveys

Canadian workers don’t think they’ll have enough savings for their retirement, according to two new surveys. While 68 per cent of respondents said they’re currently saving…

  • By: Staff
  • February 12, 2020 February 16, 2022
  • 15:15
CPP enhancements good start, but more needed to ensure retirement readiness: report

CPP enhancements good start, but more needed to ensure retirement readiness: report

The Canada Pension Plan enhancements are a strong start but the country needs to do more to help people prepare for retirement, according to a…

  • By: Staff
  • February 12, 2020 November 30, 2020
  • 09:30
Most Canadians unsure how much money they’ll need for retirement: survey

Most Canadians unsure how much money they’ll need for retirement: survey

While Canadians said they plan to retire, on average, at age 62, 59 per cent said they can’t estimate how much money they’ll need to…

  • By: Staff
  • February 7, 2020 November 30, 2020
  • 15:15
Changes to Canadians’ life expectancy could have small effect on pension liabilities

Changes to Canadians’ life expectancy could have small effect on pension liabilities

Life expectancy at age 65 has marginally increased for Canadian men while remaining stable for Canadian women, according to new data from Statistics Canada. It…

High-cost drug strategy, flexible annuities in CLHIA wish list for federal budget

High-cost drug strategy, flexible annuities in CLHIA wish list for federal budget

The Canadian Life and Health Insurance Association is asking the federal government to develop a strategy for access to high-cost drugs and to make flexible annuity options available for…

  • By: Staff
  • February 6, 2020 November 30, 2020
  • 08:30
Hub acquiring Edmonton benefits, retirement consultancy

Hub acquiring Edmonton benefits, retirement consultancy

Hub International Ltd. is acquiring Edmonton-based employee benefits and retirement consulting firm Benefex Consulting Inc. Benefex specializes in group insurance programs, retirement, wellness solutions and special…

  • By: Staff
  • February 4, 2020 November 12, 2020
  • 15:20
CLHIA calling for pension innovation, access to cheaper drugs in provincial budgets

CLHIA calling for pension innovation, access to cheaper drugs in provincial budgets

The Canadian Life and Health Insurance Association is highlighting new retirement savings options and access to cheaper drugs in its priorities for the Quebec and Newfoundland…

  • By: Staff
  • February 4, 2020 November 30, 2020
  • 09:00
CUPE NL rejects proposed agreement over pension concessions

CUPE NL rejects proposed agreement over pension concessions

The union representing 3,700 public sector employees in Newfoundland and Labrador are rejecting a proposed collective agreement from the provincial government, saying it includes unacceptable…

CARP sets out wish list for DB pension protections in 2020 budget submission

CARP sets out wish list for DB pension protections in 2020 budget submission

CARP is highlighting the need for further protections for defined benefit pensions in its 2020 Ontario budget priorities. The submission noted CARP, formerly the Canadian Association…

  • By: Staff
  • January 30, 2020 November 30, 2020
  • 09:00

ACPM asking feds for greater retirement savings pooling and portability

Allowing increased retirement savings pooling and portability can help improve efficiency, as well as pension plan member retention and continuity, according to a policy recommendation…

  • By: Staff
  • May 15, 2026 May 13, 2026
  • 09:00

Combining innovations in DC plan design can dramatically improve retirement readiness: report

The combination of several innovations in defined contribution pension plan design can dramatically improve retirement readiness across income levels, according to a new report by…

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

An article on British Columbia’s updated pension standards, including the introduction of auto-escalation for defined contribution pension plans, was the most-read article on BenefitsCanada.com this past…

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

An article on a recent Ontario Superior Court decision related to surplus pension assets was the most-read article on BenefitsCanada.com this past week. Here are…

  • By: Staff
  • May 22, 2026 May 21, 2026
  • 09:00

Court decision in surplus pension case has no precedent for plan sponsors

A recent Ontario Superior Court decision related to surplus pension assets was a rubber stamp of the monitor’s recommendations, rather than a decision with precedential…

Permanent EOT legislation providing incentive for employers, supporting wealth distribution: expert

The federal government’s recent announcement that it will make the employee ownership trust tax exemption permanent is a major incentive for employers to transition their…

OPB communicating long-term strategic direction through interactive online page

The Ontario Pension Board is communicating its long-term strategic plan to members through a new interactive online page. The platform, dubbed ‘On the Horizon’, is…

Editorial: To save for the short term or long term, that is the question

In times of increased economic uncertainty, the number of tough financial choices facing the average person seems to rise exponentially. Clashing priorities battle it out:…

PepsiCo Canada enhances financial wellness strategy with personalized platform

PepsiCo Canada may be known for quenching thirst and satisfying snack cravings, but the organization’s leadership recently identified another kind of demand: clearer, more personalized…

Amazon Canada’s new estate planning benefit key to financial wellness win

Amazon Canada’s commitment to unique financial wellness offerings led to a win at Benefits Canada‘s 2024 Workplace Benefits Awards on Oct. 18. The technology company was…

Admiral Insurance’s benefits program awarded for balancing innovation, sustainability

Admiral Insurance’s award-winning benefits program is demonstrating how employers can use versatility to strike a fine balance between finding innovative solutions and maintaining plan sustainability. The…

How Ontario pay transparency legislation will impact employers

As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says…

  • By: Sadie Janes
  • December 4, 2023 December 1, 2023
  • 09:00