Canadians should have the choice to make additional voluntary contributions to the Canada Pension Plan in order to avoid facing a significant decline in living…
Despite economic improvements, a large portion of Canadians expects to work past the traditional retirement age of 65, mainly due to financial concerns.
The Canada Pension Plan Investment Board (CPPIB) saw its assets grow in its fiscal third quarter, backed by strong returns from global equity markets. For…
Due to the dire financial situation of DB arrangements, more DB plan sponsors have started moving to DC over the last few years. For many,…
A new research study by the Canadian Financial Executives Research Foundation—the research arm of Financial Executives International Canada (FEI)—indicates that almost 60% of pension plan…
The thinking for plan sponsors over the last decade has been to reduce risk, reduce liabilities, get out of DB and move to a DC…
The impact of the Supreme Court of Canada’s Feb.1 decision in Sun Indalex Finance, LLC v. United Steelworkers (Indalex) on lenders and credit markets has…
During this RRSP season, Canadian pension plan sponsors should consider reminding their members about the important role an RRSP plays in their retirement.
While most investors employ active management in an attempt to achieve market beating performance, I don’t believe investors fully realize just how likely it is…
Pensions at the dinner table, recalls Jane Ambachtsheer of her early years spent with her father, Keith Ambachtsheer, president and founder of KPA Advisory Services…
With all the macro issues that hang over the markets—the European Union’s sovereign debt crisis, China’s industrial slowdown and the limping U.S. economy—it’s easy to…
There’s no debating that employees are stressed when it comes to their personal finances. One-in-four are financially distressed and spend more than an hour every…
The City of Saint John, New Brunswick was beset last year by debate over its gaping $195 million pension deficit, so bad that a consultant…
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…
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…
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,…
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…
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…
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…