Industrial Alliance has announced that it plans to offer voluntary retirement savings plans (VRSPs), starting on the Quebec government's target date of Jan. 1, 2013.
Helping DC plan members with their retirement planning is difficult but also necessary, says Idan Shlesinger, managing partner, CAP services, with Morneau Shepell Ltd.
Quebec has announced it will introduce voluntary retirement savings plans (VRSPs), targeted at small and medium-sized enterprises and the self-employed. VRSPs will be similar to…
Although the risks and challenges are often the same, no matter the size of the plan, the solutions are ultimately different, says Steve Eadie, a…
Ontario should scrap its Pension Benefits Guarantee Fund (PBGF) in favour of a less risky alternative, says a new report from the Fraser Institute, entitled…
With the mortality rate trending upwards, longevity risk has become a real financial risk for DB plans, says George Graziani, senior vice-president, client markets, Swiss…
Don’t sacrifice pensions. That’s the message from Canadians according to a new Ipsos Reid poll done for Postmedia News and Global TV.
For many mid-size plan sponsors, finding ways to keep employees engaged in retirement saving during the years when retirement is not top of mind is…
Planning for retirement brings with it many complex emotions—anxiety, fear, uncertainty—and addressing these emotions is one way DC plan sponsors can help employees better prepare…
In the wake of the recent financial crisis, the Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law in July 2010.
The alternative investment environment has changed dramatically over the last several years, says Joseph Morgart, senior vice-president, alternative investments, with Pyramis Global Advisors.
It appears CAP investors are keen for target date funds (TDFs). According to Vanguard’s Target-Date Fund Adoption in 2011 report, nearly one in four 401(k)…
The market value of Canadian employer-sponsored pension funds dropped to $1.06 trillion at the end of the third quarter of 2011, down 1.7% from Q2,…
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…
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…