Paul Martin has agreed to serve as a special advisor to Ontario's minister of finance and work with the government on creating a provincial pension…
Various recent surveys of DC plan members reveal that they feel confused and ill-prepared when it comes to retirement income. They usually don’t have a…
In a shifting CAP landscape, what’s the impact of industry consolidation on plan sponsors?
Principal Financial Group has introduced a new quick enrollment method that lets American employees to sign up to save for retirement in their DC plan…
An increasing correlation between different equity markets, coupled with the forecast for lower returns, have DB pension plan sponsors seeking other ways to diversify their…
A new study prepared by an independent, professional actuary shows that Alberta's largest public sector pension plans are healthy and well on the way to…
Since 2006, changes in markets and interest rates have led to a drop in the average capital accumulation plan (CAP) member’s replacement income ratio—to 62%,…
Despite a bullish outlook on the market, American DC plan participants are becoming increasingly conservative, with a preference for fixed income without a solid understanding…
Pension reform in New Brunswick can be traced to two highly publicized pension plan failures, which reduced incomes substantially below the level promised by the…
For sponsors concerned about the affordability and sustainability of DB plans, a target benefit plan might just hit the spot
Last year was a dream come true for pension funds, and 2014 may be another good year.
The largest corporate DB plans in the United States had a strong 2013, and it's possible that they could reach fully funded status by the…
Members of Boeing's machinists union have accepted a new contract that includes freezing the DB plan and the introduction of a DC plan.
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…
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…
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…
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…
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…
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…