What DC plan members need
Everybody likes money, and everyone likes a good story. This should be welcome news, considering the alarming level of financial ignorance among DC plan members…
- By: Martin Leclair
- November 7, 2012 September 13, 2019
- 14:57
Everybody likes money, and everyone likes a good story. This should be welcome news, considering the alarming level of financial ignorance among DC plan members…
With more than 80% of Canadian plan sponsors currently offering a DC option in their employer-sponsored pension plans, the shift to DC is firmly entrenched.…
In Canada, there has been a lot of talk about the current public retirement system and how it should be improved. But how does Canada’s…
Ever wonder what DB pension plans south of the 49th parallel are doing to stay solvent? Dan Tremblay, a liability-driven investment strategist with Pyramis Global…
Although tax-free savings accounts (TFSAs) have been on the market since 2009, the majority of Canadians aren’t using them, and general knowledge about the savings…
Morneau Shepell Inc. has aquired Mercer Canada's pension and benefits outsourcing business.
Touted as a practical solution for those who currently don’t have access to a workplace pension, the pooled registered pension plan (PRPP) also holds the…
The funded status of DB pension plans in Canada, the U.S. and the Netherlands has fallen since December 2011, according to new data from Mercer.
The Alberta government has introduced Bill 10, the Employment Pension Plans Act, in the provincial legislature. The bill aims to allow plan administrators to more…
Milliman, Inc., a global consulting and actuarial firm based in Seattle, has released the results of its first Public Pension Funding Study. The study, which…
Retirement concerns are keeping a younger group of Americans up at night, according to new research from the Pew Research Center in Washington, D.C.
Canadian pension plans made significant gains in the third quarter as increased monetary support from central banks reassured global markets and increased investors’ appetite for taking on…
For generations, the concept of retirement centred around a one-time event: you worked to age 65, then your employer sent you off with a gold…
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…
Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee…
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…
A renewed call for increased domestic investments by Canadian pension plans isn’t surprising amid an ongoing discussion around the role of investment organizations in supporting the…
In its 2024 budget on Tuesday, the Ontario government reiterated its support for a provincial infrastructure bank to leverage public sector pension investments. The bank,…
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…
The University Pension Plan is launching a new web portal to prioritize plan member engagement throughout the year. “Transparency is an important value to our…
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…