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…
The Ontario government recently issued final regulations regarding pension advisory committees that will come into effect on Jan. 1, 2017. People might legitimately wonder whether…
New Brunswick’s auditor general noted in her annual report last week that she’s pleased with recent progress to resolve the province’s audit issues, including accounting…
While it may be true that there’s nothing new under the sun in the pension world, target-benefit plans may prove the exception. In the traditional…
While 52 per cent of employee respondents said they would support automatic enrolment, just 27 per cent of employer respondents said they currently automatically enroll…
GE Canada has relaunched its online retirement tool to help employees understand how the organization supports them in saving for retirement and how they can…
Employers and employees have very different views on who bears the responsibility for ensuring employees retire successfully, according to Benefits Canada’s 2016 CAP Member Survey.…
While plan members feel fairly confident about their retirement prospects, employers aren’t quite so optimistic, Benefits Canada‘s 2016 CAP Member Survey has found. The biggest…
Canadian plan members reported a significant drop in the amount they believe they need to retire — from roughly $1.4 million in 2023, 2024 and…
While the percentage of plan members who describe their personal financial situation as significantly or somewhat better than last year decreased from 42 per cent…
Methodology improvements are pushing the life expectancy of Canadian retirees and surviving spouses by roughly one year to age 65 as of Jan. 1, 2024,…
In its 2026 budget on Thursday, the Ontario government proposed doubling the pension benefits guarantee fund’s monthly guarantee limit from $1,500 to $3,000 for all…
The bankruptcy of the Hudson Bay Co. and subsequent loss of promised supplemental employee/executive retirement plan benefits to executives has caused many to rethink the…
Derek Dobson, chief executive officer and plan manager at the Colleges of Applied Arts and Technology’s pension plan, is departing the organization following a formal…
Bell Canada’s defined benefit and defined contribution pension plans are both overseen by the same pension committee. The meeting cadences differ, but the committee leans…
Employers can reinforce the value of their workplace retirement plans by communicating to plan members about the importance of having money later versus money now,…
The Financial Services Regulatory Authority of Ontario is marking its fourth annual Pension Awareness Day today by encouraging employees to understand their employer-sponsored retirement plan…
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…