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Canadians plan to work longer, fear finances won’t recover after pandemic, finds surveys

Canadians plan to work longer, fear finances won’t recover after pandemic, finds surveys

While working Canadians expect to retire, on average, at age 62, they’ll require $878,000 in retirement savings, more than twice the amount of current retirees,…

  • By: Staff
  • October 29, 2020 January 19, 2021
  • 15:00
Should Canadian employers consider offering emergency savings plans?

Should Canadian employers consider offering emergency savings plans?

With Canadian employees feeling the toll the coronavirus pandemic is taking on the economy, should policy-makers facilitate the use of workplace emergency savings plans? “We…

Canadians prioritizing financial wellness planning in pandemic economy: survey

Canadians prioritizing financial wellness planning in pandemic economy: survey

After nine months of uncertainty in the financial markets and with no end in sight to the coronavirus pandemic, more and more Canadian workers are…

  • By: Staff
  • October 27, 2020 October 27, 2020
  • 15:15
CLHIA’s Ontario budget submission highlights drug access, inflexible pension plans

CLHIA’s Ontario budget submission highlights drug access, inflexible pension plans

In its 2020 budget submission to the Ontario government, the Canadian Life and Health Insurance Association is highlighting a lack of access to affordable prescription drugs and…

  • By: Staff
  • October 26, 2020 October 26, 2020
  • 15:15
Onus increasingly on employees to plan for retirement but employers still play role

Onus increasingly on employees to plan for retirement but employers still play role

While pension plan sponsors and the government have roles to play when it comes to retirement, it’s increasingly up to individual employees to ensure they…

Coronavirus pandemic affecting retirement plans, savings: survey

Coronavirus pandemic affecting retirement plans, savings: survey

Many Canadians are seeing the impact of the ongoing coronavirus pandemic on their retirement plans and ability to save, according to a new survey by…

  • By: Staff
  • October 23, 2020 October 23, 2020
  • 15:15
Despite market uncertainty, Canada maintains No. 9 position in global retirement rankings

Despite market uncertainty, Canada maintains No. 9 position in global retirement rankings

Canada’s retirement income system scored ninth place for the second year in a row, securing a “B” rating in spite of uncertainty in the markets…

  • By: Staff
  • October 20, 2020 January 19, 2021
  • 15:00
Editorial: Does legislation favour DB pensions over DC plans?

Editorial: Does legislation favour DB pensions over DC plans?

Looking back at all of the pension legislation stories we’ve written up during the coronavirus pandemic, I’ve noticed federal and provincial governments definitely favoured defined…

Head to head: Would Alberta benefit from leaving the CPP?

Head to head: Would Alberta benefit from leaving the CPP?

Certain politicians have suggested Alberta withdraw from the Canada Pension Plan and go it alone. Would the province benefit from a solitary system or is…

2020 Top 50 DC Plans Report: Member behaviour under microscope amid pandemic

2020 Top 50 DC Plans Report: Member behaviour under microscope amid pandemic

Defined contribution pensions are taking a bumpy ride in the coronavirus pandemic, with plan sponsors and their members facing volatile stock markets, financial uncertainty and…

Chris Brown

Expecting the unexpected at Alberta’s Local Authorities Pension Plan

The Local Authorities Pension Plan is in an interesting situation. Historically, the president of the Alberta Treasury Board and the minister of finance was the…

What’s the latest on benefits, retirement advisor fee disclosure?

What’s the latest on benefits, retirement advisor fee disclosure?

When the Canadian Life and Health Insurance Association rolled out its proposed compensation disclosure guideline in January 2018, it quickly inflamed tensions with group benefits…

Q&A with Coughlan Home’s Andrea Laws

Q&A with Coughlan Home’s Andrea Laws

Coughlan Home’s manager of human resources talks employee assistance programs, ‘quiet rooms’ and showing appreciation. Q. What top challenges do you face in your role?…

Tips for helping staff piece together their retirement income puzzle

Retirement income can be sliced into three broad categories: what an individual receives from their employer, what they receive from the government and everything else.…

Pension benefits continue to lead growth in Canadian insurance industry: CLHIA

Canadians received a record $103 billion in benefits from life and health insurers last year, up 60 per cent from a decade earlier, according to…

  • By: Staff
  • September 16, 2020 November 30, 2020
  • 09:00

2020 Consultants Report: Pandemic will fundamentally change benefits, pension plans

The coronavirus pandemic is fundamentally changing the future of work and, very likely, the nature of employer-sponsored benefits and pension plans. Looking to the end…

Newfoundland and Labrador residents can now unlock pension benefits

Newfoundland and Labrador residents can now unlock benefits held in locked-in retirement savings arrangements for reasons of financial hardship or non-residency in Canada. The changes…

  • By: Staff
  • March 3, 2021 March 3, 2021
  • 09:00

CLHIA calling for flexible annuity options, changes to TFSA rules

The Canadian Life and Health Insurance Association is calling on the federal government to provide Canadians with access to more-secure retirement income. In its submission…

  • By: Staff
  • March 1, 2021 March 1, 2021
  • 15:00

Canada’s pension system gets top grades in new benchmark

Canada’s pension system was ranked first overall among 15 countries in the Global Pension Transparency Benchmark. It ranked Canadian funds first in governance, citing the…

  • By: Staff
  • February 23, 2021 February 24, 2021
  • 15:00

PIAC comments on FSRA’s plan for missing plan members

The Pension Investment Association of Canada is expressing its support for the Financial Services Regulatory Authority of Ontario’s draft guidelines for pension plan sponsors dealing…

  • By: Staff
  • September 23, 2020 November 26, 2020
  • 09:30

Four trends in group retirement, investment programs

The coronavirus pandemic is highlighting many trends in group retirement and investment programs, pushing the industry to be flexible and quick with some of the newer offerings.…

  • September 22, 2020 November 26, 2020
  • 08:45

Alberta’s LAPP introducing new pension portal for members

Alberta’s Local Authorities Pension Plan is introducing a new secure section of its website where plan members can log in, access their personal account and…

  • By: Staff
  • August 20, 2020 November 26, 2020
  • 15:00

Pension funds saving with in-house asset management: survey

Canadian pension funds are seeing significant cost savings from in-house asset management but are still relying on external managers, according to a new survey from…

  • By: Staff
  • March 3, 2021 March 3, 2021
  • 09:00

CPPIB appointing John Graham as CEO following resignation of Mark Machin

The Canada Pension Plan Investment Board is appointing John Graham (pictured) as its new chief executive officer, following the resignation of Mark Machin. Graham was…

Canadian employer pension plans’ asset value rebounds to $2.12 trillion: report

The market value of assets held by Canadian employer pension plans increased to $2.12 trillion in the third quarter of 2020, according to a new report…

  • By: Staff
  • February 25, 2021 February 25, 2021
  • 10:00