With Bill C-15 receiving royal assent, the federal government is moving forward with pension reforms that allow thousands of frontline workers to retire after 25…
A third of U.S. plan sponsors say they’re very or extremely confident in their participants’ ability to retire at their target age, up from just…
EY Canada is supporting employee well-being by expanding its list of reimbursable wellness expenses and introducing a series of financial education seminars. Employees can now…
Now, more than ever, defined contribution pension plan sponsors have their work cut out for them. The 2026 DC Plan Summit, which was hosted at…
Workplace financial advice has evolved significantly over the past 15 years, moving from in-plan investment advice to more broad financial planning, said Marc-Antoine Morin, assistant…
As generation Z’s behaviours, motivators and stressors evolve in real time, a joint research project from Canada Life and Deloitte Canada is aiming to help…
Canadians’ outlook on retirement has dropped over the last decade, with 82 per cent having a positive attitude 10 years ago compared to 71 per…
While more than half (52 per cent) of workplace savings plan members count on the plan as their main source of retirement income, both men…
During a recent transition between record keepers, KPMG in Canada focused on keeping communications with employees human and simple, including what to say, when to…
Understanding retirement savers’ views, concerns and points of stress related to their financial lives allows the industry to build investment solutions and craft communications strategies…
On balance, Canadians believe they’re meeting their ambitions, including investment- and financial-related goals, said Michael Keaveney, client portfolio manager in total investment solutions at CIBC Asset…
A workforce that’s sprawled across the country is pushing Simon Cabral (pictured centre), former director of global defined contribution plans at Scotiabank, to employ a…
For defined contribution plan members, the ultimate positive DC experience is understanding the plan provisions, knowing what decisions to make, feeling confident about making well-informed…
The equity risk in target-date funds has been increasing substantially over the last decade, creating a ‘silent risk shift,’ according to Jafer Naqvi, managing director…
By slotting alternative assets into portfolio offerings, Saskatchewan’s Public Employees Pension Plan is incorporating an element of the defined benefit pension plan model, according to…
The Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline led CPP Investments to sharpen accountability and governance risk globally, according to Marina…
An article on an Ontario judges’ association’s lawsuit against their pension plan sponsor was the most-read article on BenefitsCanada.com this past week. Here are the…
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…
While the percentage of plan members who describe their personal financial situation as significantly or somewhat better than last year decreased from 42 per cent…
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…
Methodology improvements are pushing the life expectancy of Canadian retirees and surviving spouses by roughly one year to age 65 as of Jan. 1, 2024,…
On average, women retire with 27 per cent less savings than men, according to a new report from Sun Life Financial Inc. The report, based…