According to Jean-Daniel Côté, vice-president, capital accumulation plans and retirement, with ACT Conseillers Inc., the main concerns of many capital accumulation plan (CAP) sponsors used…
The European Commission is on the cusp of endorsing the revised International Accounting Standard (IAS 19) for use by Europe-listed companies, but the effects on…
Almost half of women have no financial plan, despite their increasing role as financial decision-makers.
The DB versus DC debate has been boiling away for many years. Hopefully you will find the following adds a few new thoughts to this…
The prospect of insufficient retirement income keeps most Canadians up at night. But the third annual RBC Retirement Myths and Realities Poll reveals the majority…
It’s no secret than most people aren’t saving enough for retirement. But those who are able to save enough may come up short as well,…
The pension plight of a family friend has put me in a somewhat ugly mood. This man, Bill (not his real name), went to university…
In 2011, the Ontario government announced measures offering temporary solvency relief for eligible public sector pension plans that are less than 90% funded. A number…
The reality that Canadians are not saving enough for retirement has sparked the idea of reforming the pension system. Speakers at the 2012 DC Plan…
Many DB pension plan sponsors in Canada are revising their investment strategies to focus more on risk management in order to better manage funded status,…
The Canadian Association of Retired Persons (CARP) is leading the pushback efforts against the federal government’s decision to raise the OAS eligibility age from 65…
On April 30, 2012, the B.C. government introduced Bill 38, the Pension Benefits Standards Act (PBSA). The bill is the long-awaited result (for B.C.) of…
Many plan members are eager and excited to retire, but they may not have a personal retirement plan. Three speakers at the 2012 DC Plan…
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…