In a new white paper, the Association of Canadian Pension Management is urging the federal government to reform the Income Tax Act rules for registered pension plans. In the ACPM’s…
It’s no surprise that FreshBooks takes its employees’ financial literacy seriously. The Toronto-based accounting software firm regularly holds lunch-and-learn workshops and hosts subject manner experts…
I think it’s fair to say that retirement security is top of mind for the majority of Canadians. And politicians are listening: it was constructive…
In the coming decade, the median retirement age could increase from 65 to 68, though the exact timing and extent of this rise can’t be…
Since the Teachers’ Retirement Allowance Fund, which is the defined benefit pension plan for public school teachers and other eligible employees in Manitoba, was introduced…
Millennials appear to understand how to use fixed income as part of investing for retirement better than older generations, according to a new survey by BNY…
Nearly half (47 per cent) of working Canadians believe there’s a serious risk they could outlive their retirement savings, according to Sun Life Financial’s latest…
While debt loads and plans for leaving an inheritance affect how quickly people spend their retirement savings, personality could also play a significant role, according…
The former chief executive officer of the organization that would administer a separate Alberta pension plan says the proposed switch from the Canada Pension Plan doesn’t…
Many Canadians are interested in learning more about how to manage their money as they make the transition to retirement, according to a new survey by…
Flexible working hours, paid sick leave and vacation could have a positive correlation with retirement savings levels, according to a new study. The research, led by Patricia…
Hub International Ltd. is expanding its Canadian employee benefits and retirement services with six key service areas. It also named its employee benefits leadership team for…
The recent federal election highlighted interest in climate change, as well as the potential impacts on communities and the population, with the issue No. 1…
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…
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…
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…
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…
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…
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…
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…
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 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 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 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…
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…