When staffers on the comedy show Last Week Tonight joined a new 401(k) plan, they were set to pay 1.69 per cent in administrative expenses,…
How can plan sponsors encourage their employees to make better investment decisions? And what can they do to address the different behavioural tendencies across different…
Low interest rates, poor stock market returns and ongoing volatility are making it increasingly challenging to find investment solutions that will help plan members reach…
With U.S. investors under 30 putting a large portion of their defined contribution pension investments in target-date funds, the industry is growing quickly, Vanguard’s Matthew…
As the trend toward defined contribution pension plans continues to take shape, concern is growing over the potential for investors’ behavioural biases to affect their…
As defined contribution plans continue to transition from being a supplement to defined benefit pensions to become a mainstay of the retirement system, plan sponsors…
Instead of focusing only on retirement, a defined contribution pension plan should aim for smooth consumption throughout a member’s lifetime, BlackRock Inc.’s Matthew O’Hara told…
With three generations active in the workforce and another group about to join, defined contribution pension plan sponsors must consider the unique needs and behaviours…
Walk into Winnipeg’s Woodhaven Community Club on a Tuesday afternoon, and you’ll likely find a group of men in their 60s, 70s and 80s. They…
Deciding what to buy your secret Santa can get tricky. A Starbucks gift card? They might be devoted to Tim Horton’s. Homemade cookies? They might…
Nearly a third (29 per cent) of Canadians are distracted at work as a result of their personal financial situation, according to Sun Life Financial’s…
Aviva Investors has launched its multi-strategy target return private pooled fund in Canada and partnered with OPTrust, which has made the first investment into the…
Ikea will contribute an additional $153.5 million to its employees’ retirement savings programs this year, as part of Tack!, its loyalty program. “At Ikea Canada…
In anticipation of 25 per cent to 35 per cent growth in Canada by the end of 2024, restaurant chain Chipotle Mexican Grill Inc. is making…
A story on how Organon Canada is supporting women employees at every stage of their career was the most-read story on BenefitsCanada.com. Here are the top…
In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…
An article on how employers are enhancing their benefits packages to boost talent attraction and retention was the most-read story on BenefitsCanada.com this past week.…
An Ontario Superior Court ruling that allowed IBM Canada Ltd. to retrospectively rectify drafting errors that created unintended additional pension benefits for employees on disability…
In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s…
Only a third (31 per cent) of U.K. pension plan members say they have sufficient retirement savings, down slightly from 32 per cent in 2022,…
Clear and flexible regulations that reflect the nature and diversity of target-benefit plans would allow these plans to thrive, according to a new report from…
The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by 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…
Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…
Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…