While defined contribution plans were a small piece of the pension market when Benefits Canada first rolled off the presses in 1977, the Co-operative Superannuation…
The irony of pensions and benefits is that employees tend to ignore them until they need them or until their employer changes them. And whether…
As pension plan administrators and sponsors seek to improve member engagement, new research shows more straightforward language around disclosure could hold the key to better results. Recently,…
A consultant’s role was historically a passive one, says Martin Leclair, who recently left a role at Toronto-based consulting firm Proteus Performance Management. The consultant’s…
Retirement is a notion fraught with paradox. For some, it resonates with the possibility of finally having more time to do, well, just about anything.…
While employees want good benefits, finding ways to effectively convey information about the plan can be a challenge, particularly when today’s workforce is far from…
Over the next decade, employers will have to create workplace programs that recognize employees’ careers beyond retirement, speakers on a panel at an event in…
It’s never easy telling employees their pension benefits are getting worse, whether that’s because of a merger, a sale or simply a cost-savings measure. But when…
While the revitalized United States economy and strong financial markets are part of the story, the biggest factors affecting American employees’ financial optimism are tied…
As social media feeds flood with click bait and half-baked stories and reporting from respected American media institutions comes under fire as fake news by anyone…
The Ontario government is moving to allow for variable benefits from defined contribution pension plans, according to the 2017 budget tabled yesterday. “I think it’s…
We’re living in a society with a new generation of employees who also happen to be digital natives. Generation-Y and millennials learn, act and understand…
The OPSEU Pension Trust has launched People for Pensions, an online campaign encouraging its plan members to become informed about defined benefit pension plans and…
Each year, employees at Britain’s Barclays Bank make decisions about their benefits and pension plan during the enrolment period. To learn more about their plan,…
A payment of $8,400 a month for nine years of service sounds like a fairly good pension benefit. But as a former Alberta government worker…
Retirement is an important milestone. In the pension industry, we understand that active planning is critical to members meeting their goals and being able to…
Canadian retirees report a higher degree of financial satisfaction, are more confident in their financial decisions and have less anxiety about retirement compared to those…
Nearly half (48 per cent) of retired Canadians aged 50 and over stopped working earlier than expected, with 33 per cent doing so because of…
Target-date funds continue to be the most common default investment option offered to members of workplace capital accumulation plans, according to new research by the…
CAA South Central Ontario will share the lessons learned during its transition to a defined contribution pension plans at the 2017 Benefits and Pension Summit…
At a time when 11 million Canadians don’t have a workplace pension plan, it makes good sense for those who do to learn about their…
St. Joseph’s Healthcare Hamilton went back to the basics of budgeting and planning when it hosted a recent series of financial education sessions for employees. The…
By the end of January, there will be enough new retirees to fill the Air Canada Centre, Jean-Philippe Provost, senior partner and wealth business leader at…
Pension plans, like many businesses, rely on information. While the retention of certain pension plan records is subject to regulation, decisions with respect to the…
Two new legislative requirements in Ontario will have an impact on pension plan communication in 2017. First, as of Jan. 1, 2017, organizations of all…