CAPSA seeking feedback on revised CAP guidelines
The Canadian Association of Pension Supervisory Authorities is releasing a consultation draft of revisions to its guidelines for capital accumulation plans. The updated guidelines replace…
Latest news in Communication
How are personalized communications connecting with employees?
As employers increasingly customize their human resources, benefits and pension communications campaigns, how are these methods connecting with employees? Long gone are the days of…
- By: Jennifer Paterson
- May 13, 2022 May 13, 2022
- 08:55
How employers can support workers as record number of Canadians near retirement
With a record number of Canadians nearing retirement, employers can support workers through retirement planning initiatives and education, says one expert. According to a report…
- By: Sadie Janes
- May 3, 2022 May 5, 2022
- 09:00
Canadian pension funds top global transparency ranking: report
Canadian pension plans are the most transparent in the world, according to a new report by Top1000funds.com and CEM Benchmarking Inc. The report, which uses…
- By: Staff
- April 14, 2022 April 13, 2022
- 09:00
How Foresters Financial redesigned its pension, benefits plans to provide employees with more flexibility
In 2021, Foresters Financial redesigned its retirement and benefits plans to be more flexible, relevant and competitive, modernizing the plans with the recognition that employees…
- By: Jennifer Paterson
- April 14, 2022 April 14, 2022
- 08:58
U.S. employers enhancing or looking to enhance DC pension plans: survey
The vast majority of U.S. employers are eyeing enhancements to their defined contribution pension plans in an effort to boost their employees’ retirement security and…
- By: Staff
- April 12, 2022 April 11, 2022
- 09:00
Financial wellness programs should have measurable, tangible impact: study
While many employees say they’re open to using employer-provided financial wellness assistance, some are hesitant, citing lack of trust and a need for employers to…
- By: Staff
- March 28, 2022 March 28, 2022
- 15:00
How LifeLabs redesigned its RRSP-DPSP to maximize employee engagement
In 2020, LifeLabs Inc. embarked on a year-long journey to redesign its group registered retirement savings plan and deferred profit-sharing plan to make them less…
- By: Lauren Bailey
- March 18, 2022 March 18, 2022
- 08:58
Report finds disconnect between how target-benefit plans are regulated, managed
Target-benefit plans are being hampered by a disconnect between how they’re regulated and how they’re managed, according to a new report for the C.D. Howe Institute.…
- By: Staff
- March 3, 2022 March 3, 2022
- 09:00
How are investment fees impacting retirement readiness?
Higher investment fees in capital accumulation plans can potentially set an individual’s retirement date back by four years, according to Mercer’s latest retirement readiness barometer.…
- By: Staff
- February 25, 2022 February 24, 2022
- 09:00
Employers building relevant financial wellness programs for both DB, DC pension members
Canadian Forest Products Ltd.’s new financial wellness program may have originated as the brainchild of its defined contribution pension plan committee, but it’s just as…
- By: Kelsey Rolfe
- February 11, 2022 February 11, 2022
- 08:54
OSFI, FSRA set out six recommendations for strengthening CAP guidelines
The Office of the Superintendent of Financial Institutions and the Financial Services Regulatory Authority of Ontario are putting forward six recommendations for strengthening the Canadian Association…
- By: Staff
- February 9, 2022 February 8, 2022
- 09:00
How can DC plan sponsors thrive in a world of disruption?
Defined contribution plan sponsors are facing a world of disruption, from artificial intelligence and big data to the Great Resignation and the shifting of power…
- By: Kelsey Rolfe
- February 4, 2022 February 1, 2022
- 07:59
Expert panel: Why employers should offer group TFSAs in 2022
At the start of every new year, many employees resolve to improve their fitness — emotionally, financially and/or physically. One pretty easy way that employers…
- By: Mary Picard
- January 18, 2022 January 18, 2022
- 09:00
New Brunswick to allow windup of pension plans with missing members
New Brunswick’s new unclaimed property regime, which came into force on Jan. 1, 2022 and is the fourth such provincial regime in Canada, will finally…
- By: Julius Melnitzer
- January 3, 2022 December 22, 2021
- 09:00
Top 10 pension stories of 2021
Among 2021’s most popular pension stories on BenefitsCanada.com, Benefits Canada and the Canadian Institutional Investment Network’s rankings of the top 100 defined benefit plans and top…
- By: Benefits Canada
- December 23, 2021 December 13, 2021
- 09:00
New survey finds gender, generational gap in employee financial wellness
Women are 10 per cent more likely than men to say their financial health is the same or worse than last year, according to a…
- By: Staff
- December 21, 2021 December 21, 2021
- 15:00
Editorial: Promising signposts for the year ahead
Once again, the end of year is near. Besides the extraordinary presence of vaccines and the movements in public health restrictions across the country, most…
- By: Jennifer Paterson
- December 17, 2021 December 16, 2021
- 09:00
Coverage of the 2021 DC Plan Summit
At the 2021 Defined Contribution Plan Summit, which was hosted virtually on Oct. 6, delegates heard about several pressing issues facing DC plan sponsors and…
- By: Benefits Canada
- December 17, 2021 December 14, 2021
- 08:48
2021 DC Plan Summit: CPP/QPP delay a simple solution to improving retirement readiness
Managing and drawing down retirement savings is an “impossible task” with contributing factors including the trend away from workplace pension plans, historically low interest rates…
- By: Jennifer Paterson
- December 17, 2021 January 24, 2022
- 08:47
2021 DC Plan Summit: Lessons learned from offering in-plan decumulation options
Low financial literacy and the slow pace of legislative frameworks are among the challenges hindering Canadian DC plans from offering in-plan decumulation options, according to…
- By: Jennifer Paterson
- December 17, 2021 December 14, 2021
- 08:45
2021 DC Plan Summit: A look at how DC plan members value target-date funds, ESG investments
While target-date funds are highly prevalent in defined contribution pension plans’ investment portfolios, gaining space as the default of choice, areas of improvement exist in…
- By: Jennifer Paterson
- December 17, 2021 December 14, 2021
- 08:43
2021 DC Plan Summit: What legal issues are facing DC plan sponsors?
Among all the legal issues facing DC plan sponsors and administrators, questions around contribution errors is top of mind. “The industry has been speaking with…
- By: Jennifer Paterson
- December 17, 2021 December 14, 2021
- 08:42
Pandemic affecting U.S. employees’ financial stress, productivity: survey
Both employees and human resources executives are seeing the impact of personal financial stress on work productivity and performance during the coronavirus pandemic, according to a…
- By: Staff
- December 16, 2021 December 15, 2021
- 09:00
A look at the Co-operators Group’s new decumulation offering
One, as Harry Nillson crooned in his classic breakup song, can feel like the loneliest number. At the end of working life, many retirees with…
- By: Melissa Dunne
- November 19, 2021 November 24, 2021
- 08:58