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Top Stories in Pensions

Workers not saving more for retirement

Workers not saving more for retirement

Only 18% of working Americans are saving more for retirement now than they were one year ago, according to a new Bankrate.com report.

  • By: Staff
  • August 19, 2013 September 13, 2019
  • 14:58
Quebec pension system should follow Dutch model: RJCCQ

Quebec pension system should follow Dutch model: RJCCQ

The main solutions to Quebec’s chronically underfunded pension system are raising the retirement age and introducing a risk-sharing pension model like the one used in…

  • By: Staff
  • August 16, 2013 September 13, 2019
  • 11:08
For retirement, employees rely on DC plans

For retirement, employees rely on DC plans

Nearly all American workers rely on their DC plans for retirement, but many lack the confidence to efficiently manage the savings for their golden years,…

  • By: Staff
  • August 15, 2013 September 13, 2019
  • 12:43
Women lag behind men in retirement savings

Women lag behind men in retirement savings

American women save less for retirement through their DC plans and are more likely to default on loans taken out of their retirement savings than…

  • By: Staff
  • August 14, 2013 September 13, 2019
  • 14:11
What longevity risk?

What longevity risk?

This summer, the Canadian Institute of Actuaries released new pension mortality tables. The tables revealed longer life expectancies than were previously provided by commonly used…

Plaintiffs win round versus Lockheed in U.S. pension case

Plaintiffs win round versus Lockheed in U.S. pension case

In the United States, plaintiffs alleging that their DC retirement plans offered by Lockheed Martin Corp. were managed imprudently won a round in a federal…

  • By: Staff
  • August 12, 2013 September 13, 2019
  • 15:48
2013 Consultants Report: Going steady

2013 Consultants Report: Going steady

Only a few years ago, it was standard practice for Canadian employers to spread the love around when it came to working with HR consultants.…

Canada needs more sustainable pension options

Canada needs more sustainable pension options

With its aging population and growing longevity, Canada needs to overhaul its public and private pension systems in order to secure the future of new…

  • By: Staff
  • August 9, 2013 September 13, 2019
  • 14:25
To plug pension hole, Canada Post needs contractors

To plug pension hole, Canada Post needs contractors

To address its growing DB pension deficit, the ailing Canada Post needs to gradually contract out more of its services, according to an e-brief by…

Former GM execs lose appeal in U.S. pension suit

Former GM execs lose appeal in U.S. pension suit

A federal court in the United States has turned down an appeal by former executives at General Motors over cuts to their pension.

  • By: Staff
  • August 9, 2013 September 13, 2019
  • 10:05
Fraser Group launches survey on pension fund expenses

Fraser Group launches survey on pension fund expenses

Fraser Group has created a pension fund expenses survey to provide plan sponsors with various ways to benchmark their expenses.

  • By: Staff
  • August 8, 2013 September 13, 2019
  • 10:57
A tale of two pension plans’ liabilities

A tale of two pension plans’ liabilities

Two American companies have announced they would sell major media properties over the last few days, yet the fate of the pension liabilities are different.

  • By: Staff
  • August 7, 2013 September 13, 2019
  • 09:38
Longer lives pose risks for all plan sponsors

Longer lives pose risks for all plan sponsors

New figures confirm that life expectancy in Canada has increased—a trend that, in the eyes of experts, poses a threat for the sponsors of both…

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…

Fewer plan members describing financial situation as better, worse than last year: survey

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…

Rising life expectancy increasing liabilities, service costs for pension plan sponsors: CIA

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,…

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…

CAAT CEO departing following leadership crisis, paying back $1.6 million vacation payout

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…

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

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