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