Pensions Page 305

Top Stories in Pensions

My Take: Do more to help your employees save

My Take: Do more to help your employees save

I’ve been saving for retirement in an RRSP since I began working, but my past employers haven’t done a great job of communicating the benefits…

Want to help employees save for retirement?

Want to help employees save for retirement?

Want your employees to save more for retirement? Help them get out of debt.

Why don’t plan members take free money?

Why don’t plan members take free money?

While a majority of plan members participate in their voluntary group retirement plans, a large minority of them are forfeiting the employer contribution altogether.

  • February 25, 2015 September 13, 2019
  • 11:07
Pension de-risking trend continues

Pension de-risking trend continues

Kimberly-Clark Corp.’s recent announcement that it will purchase group annuity contracts for about 21,000 retirees representing US$2.5 billion in pension obligations is the latest indication…

  • By: Staff
  • February 25, 2015 September 13, 2019
  • 09:07
Quebec to amend Supplemental Pension Plans Act

Quebec to amend Supplemental Pension Plans Act

Last week, Quebec introduced Bill 34, “An Act to amend the Supplemental Pension Plans Act with respect to the funding and restructuring of certain multi-employer…

  • By: Staff
  • February 24, 2015 September 13, 2019
  • 11:30
New guidelines for buy-in annuities

New guidelines for buy-in annuities

Many employers that sponsor DB pension plans are considering reducing the risk in their plans. An approach to reduce risk that is gaining popularity is…

  • February 24, 2015 September 13, 2019
  • 11:30
Replacement income levels keep falling

Replacement income levels keep falling

Replacement income levels generated by capital accumulation plans fell further in the fourth quarter of 2014, according to Eckler’s Capital Accumulation Plan Income Tracker.

  • By: Staff
  • February 24, 2015 September 13, 2019
  • 11:30
Kimberly-Clark transferring pension obligations

Kimberly-Clark transferring pension obligations

Kimberly-Clark has reached an agreement to transfer the pension obligations of about 21,000 American retirees to two insurers.

  • By: Staff
  • February 23, 2015 September 13, 2019
  • 15:06
What Canada can learn from U.K. auto-enrollment

What Canada can learn from U.K. auto-enrollment

When U.K.-based Sainsbury's had to modify its pension, positioning the changes properly to 161,000 employees was critical.

ORPP could hurt economy: Survey

ORPP could hurt economy: Survey

A survey of businesses shows that implementation of the Ontario Retirement Pension Plan could have negative consequences for employment in Ontario, says the Ontario Chamber…

  • By: Staff
  • February 20, 2015 September 13, 2019
  • 08:57
HRPA members prefer CPP expansion over ORPP

HRPA members prefer CPP expansion over ORPP

A slight majority of HR professionals aren't in favour of the proposed Ontario Retirement Pension Plan, finds a Human Resources Professionals Association survey.

  • By: Staff
  • February 13, 2015 September 13, 2019
  • 10:50
Do employees want auto features?

Do employees want auto features?

Canadian DC plan sponsors need a boost to drive employees’ retirement savings

  • By: Jeff Aarssen
  • February 13, 2015 September 13, 2019
  • 07:00
Will employers scrap DC plans because of the ORPP?

Will employers scrap DC plans because of the ORPP?

Sixty-six percent of Ontario companies may consider eliminating their existing DC or group registered retirement savings plan if the Ontario Retirement Pension Plan is introduced,…

  • By: Staff
  • February 12, 2015 September 13, 2019
  • 11:41

Quebec seeks to increase VRSP uptake through minimum contribution rates, new investment options

In its 2026 budget, the Quebec government said it intends to enhance the appeal of voluntary retirement savings plans amid low uptake of the savings…

  • By: Staff
  • April 6, 2026 April 6, 2026
  • 15:00

AI gaining foothold with younger savings plan members, email remains preferred communications tool: survey

More than half (56 per cent) of plan members say email is the most effective way to communicate with them about their savings plans, according…

Coverage of the 2026 Employee Savings Summit

In its sophomore year under the Employee Savings Survey banner, Benefits Canada’s annual check in with plan members about their financial priorities and the condition of…

Survey finds Canadians estimate they need an average of $976,835 to retire

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…

Ontario proposing increase to PBGF’s monthly guarantee limit, cost reductions for pension plan administrators

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…

Sounding Board: How SERPs can support financial wellness, retirement readiness

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…

What can DC pension committees learn from DB plan governance?

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…

Communication key to reinforcing value of workplace retirement plans: report

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,…

  • By: Staff
  • March 5, 2026 March 4, 2026
  • 09:00

Pension Awareness Day 2026: FSRA highlighting plan member education, retirement readiness

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…

  • By: Blake Wolfe
  • February 19, 2026 February 18, 2026
  • 09:00

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