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Top Stories in Pensions

Great-West Life launches rate-of-return app

Great-West Life launches rate-of-return app

Great-West Life has launched a new online tool for its group retirement and savings plan members. The “Personal rate of return” widget helps members to…

  • By: Staff
  • December 15, 2011 September 13, 2019
  • 10:58
Boost DB plans says HOOPP CEO

Boost DB plans says HOOPP CEO

Canada needs to boost the number of DB plans among employers rather than focusing on introducing cheaper alternatives. That’s the recommendation from John Crocker, outgoing…

  • By: Staff
  • December 15, 2011 September 13, 2019
  • 09:39
Feds release PRPP tax rules for comment

Feds release PRPP tax rules for comment

The federal government has released a package of draft legislative proposals for the Income Tax Act and Income Tax Regulations regarding pooled registered pension plans…

  • By: Staff
  • December 14, 2011 September 13, 2019
  • 11:10
Public sector pensions understated: C.D. Howe

Public sector pensions understated: C.D. Howe

The federal government's unfunded liabilities for its employee pension plans total $227 billion—far more than reported, according to a report by the C.D. Howe Institute.

  • By: Staff
  • December 14, 2011 September 13, 2019
  • 09:23
Pension experts call on finance ministers to expand CPP

Pension experts call on finance ministers to expand CPP

A group of pension experts, including a former chief actuary of the Canada Pension Plan, is calling on Canada's finance ministers to commit to expanding…

Retirement workshops put employees in control

Retirement workshops put employees in control

Until April 2011, Chris Town, 56, didn’t think a lot about retirement. He and his wife, Susan, 61, felt they had their financial house in…

The changing direction of annuities

The changing direction of annuities

Following our third market meltdown in the past decade, the fashion maxim “everything old is new again” may apply to annuities as well.

Sun Life introduces longevity insurance

Sun Life introduces longevity insurance

Sun Life Financial has introduced a product designed to lessen longevity risk for companies that offer DB pension plans: longevity insurance.

  • By: Staff
  • December 9, 2011 September 13, 2019
  • 14:33
Will PRPPs close the pension gap?

Will PRPPs close the pension gap?

The federal government recently released Bill C-25, the Pooled Registered Pension Plans Act. This draft legislation is receiving praise for helping to close the pension…

  • By: Robin Pond
  • December 8, 2011 September 13, 2019
  • 11:24
Taking action on financial literacy

Taking action on financial literacy

The research tells us that a majority of workers, at all income levels, lack the basic financial knowledge and confidence needed to deal with complex…

Realigning Canada’s three-tiered retirement system

Realigning Canada’s three-tiered retirement system

The last actuarial report on the Canada Pension Plan (CPP) estimated that 38% of Canadians in 2010 started receiving their CPP at age 60. Another…

Vast RRSP contribution space left untouched

Vast RRSP contribution space left untouched

A recent survey of Canadians found that 83% of those planning to make an RRSP contribution intend to contribute at least as much as they…

  • By: Steven Lamb
  • December 2, 2011 September 13, 2019
  • 11:38
Should employers retain or replace older workers?

Should employers retain or replace older workers?

In order to avoid the looming skills crisis in Canada, employers should consider retaining, rather than replacing, older workers. That’s the argument put forth by…

  • By: Tammy Burns
  • December 2, 2011 September 13, 2019
  • 08:53

Quebec seeks to increase VRSP uptake through minimum contribution rates, new investment options

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…

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

AI gaining foothold with younger savings plan members, email remains preferred communications tool: survey

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…

Coverage of the 2026 Employee Savings Summit

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…

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…

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…

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