Guide members through de-accumulation challenges
Every day, almost 1,200 people turn 65 in Canada. That means that more than 400,000 Canadians, on average, will reach retirement age every year between…
- September 19, 2012 September 13, 2019
- 08:47
Every day, almost 1,200 people turn 65 in Canada. That means that more than 400,000 Canadians, on average, will reach retirement age every year between…
The federal government has created the pooled registered pension plan (PRPP) in the hopes that provinces would each adopt a bill creating a similar product…
The days of golf and gardening seem to be passé for the new age of retirees. Working in retirement, or “phased retirement,” as it’s been…
New data released today by Statistics Canada indicate that the market value of employer-sponsored pension funds totalled $1.1 trillion at the end of the first quarter…
Two rather contentious reports on public sector pensions were published recently—one by the Canadian Taxpayers Federation (CTF) and one by the Canadian Federation of Independent…
Most Canadian DB pension plans have significant solvency deficits. Unless we experience a turnaround in financial market conditions over the next few years (i.e., equities…
Although more Canadian employees have been able to increase their general savings this year, the rate at which they are saving for retirement is still…
Canadians are often told they need to save more for retirement and to start saving sooner. Life expectancy is increasing and investment returns are low,…
The Canadian Taxpayers Federation (CTF) released new data today showing the gap between the pension benefits of government employees and those in the private sector…
Probably the most significant change in the DC landscape over the past five years is the realization that, instead of solely focusing on educating DC…
Morneau Shepell's 30th annual Compensation - Trends and Projections survey results found that pension plan sponsors intend to get more serious about pension and benefits…
Members of the Prince Edward Island Legislature’s Public Accounts Committee were briefed yesterday on options for tackling the funding shortfall in the province’s public sector…
In the post-financial crisis world, perhaps plan sponsors can forgive DC plan members for wanting to hide their savings under the mattress. Slow GDP growth,…
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…
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…
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…
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…