Pensions Retirement

Latest news in Retirement

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82% of Canadian employers cite cost as top benefits concern: survey

The majority (82 per cent) of Canadian employers say cost is their primary consideration when defining and reviewing benefits, compared to 66 per cent of…

Chief actuary seeking peer review panel for next CPP actuarial report

The Office of the Chief Actuary is launching a peer review process for its next actuarial report on the Canada Pension Plan, which is expected…

  • By: Staff
  • June 10, 2025 June 9, 2025
  • 15:00

ACPM urging Alberta government to align pension funding, administration rules with other provinces

The Association of Canadian Pension Management is calling on the Alberta government to modernize its provincial pension legislation and align its laws with other Canadian…

  • By: Staff
  • May 27, 2025 May 27, 2025
  • 11:00
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How employers can design effective financial wellness programs

For employers that are designing a financial wellness program, it’s important to provide a user-friendly, educational, and flexible offering that reflects the diversity of employees’…

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CAA Club Group’s 2024 Workplace Benefits Awards win reinforcing holistic wellness strategy

CAA Club Group’s win in Benefits Canada’s 2024 Workplace Benefits Awards is reinforcing the company’s efforts to provide a comprehensive wellness program to its employees,…

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Employees with personalized benefits more likely to believe employer cares about health, well-being: survey

Roughly eight in 10 (78 per cent) employees who can personalize their benefits package to meet their needs say their employer cares about their health…

  • By: Staff
  • May 26, 2025 May 23, 2025
  • 09:00
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U.S. meatpacking workers win back DB pension plan in new union contract

U.S. meatpacking workers are getting their first new defined benefit pension plan in nearly 40 years under a contract agreement between Brazil-based JBS, one of…

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North American employers prioritizing employee productivity, benefits costs in 2025: report

Three-quarters (75 per cent) of Canadian employers and two-thirds (66 per cent) of U.S. employers say they plan to link compensation directly to performance outcomes,…

  • By: Staff
  • May 23, 2025 May 22, 2025
  • 09:00

58% of Ontario workers say retirement planning includes considering physical, mental health: survey

More than half (58 per cent) of Ontario employees say retirement planning should go beyond financial wellness and encompass physical and mental health and social…

  • By: Staff
  • May 22, 2025 May 21, 2025
  • 09:00
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U.K. DC pension providers committing 10% of default funds to private markets by 2030

Seventeen of the largest workplace pension providers in the U.K. have agreed to invest at least 10 per cent of their defined contribution default funds…

  • By: Staff
  • May 15, 2025 May 15, 2025
  • 15:00

Meridian appointing Jennifer Stassen as senior well-being, retirement specialist

Meridian Credit Union is appointing Jennifer Stassen as senior well-being and retirement specialist. In her new role, Stassen will contribute to advancing Meridian’s well-being, benefits…

  • By: Staff
  • May 6, 2025 May 5, 2025
  • 15:00
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Alberta’s Smith says she doesn’t see “an appetite” for provincial pension plan

The idea of Alberta opting out of the Canada Pension Plan isn’t moving ahead — at least for now. Premier Danielle Smith says she won’t…

Editorial: The more things change, the more they stay the same

For most of the decade since I joined Benefits Canada, it feels like the pension industry has been moving at a snail’s pace. Don’t get…

Top 5 HR, benefits, pension and investment stories of the week

An article on how Canada’s federal election could impact employees’ retirement savings was the most-read story on BenefitsCanada.com this past week. Here are the top…

  • By: Staff
  • May 2, 2025 May 1, 2025
  • 09:00
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Market turmoil has many afraid to check retirement savings

Michael Montgomery used to check the balance on his retirement account once a week and smile. But lately, not wanting to get upset and question…

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Trump tariffs impacting CAP member outcomes in 2025: report

After reaching new highs at the end of 2024, capital accumulation plan member outcomes have seen significant impacts following the inauguration of U.S. President Donald…

  • By: Staff
  • April 30, 2025 April 29, 2025
  • 09:00

How the coronavirus pandemic shifted employees’ retirement planning strategies

A global shutdown caused by the coronavirus pandemic gave Canadians an increase of unanticipated savings that led to a short period of stronger retirement savings…

Brazilian police probe pension fraud scheme that stole US$1 billion from retirees

Brazil ‘s federal police said they’re investigating a scheme that diverted more than R$6 billion, equivalent to US$1.05 billion, from pensions paid by the National…

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Top 5 HR, benefits, pension and investment stories of the week

An article on how flexible retirement savings plans can help employees retire early was the most-read story on BenefitsCanada.com this past week. Here are the…

  • By: Staff
  • April 25, 2025 April 24, 2025
  • 09:00

How Canada’s federal election could impact retirement savings

While there’s more work to be done, election campaign promises made by Canada’s major federal political parties that address retirement challenges are a step in…

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46% of multinational employers prioritizing use of technology in benefits management: survey

Almost half (46 per cent) of multinational companies say they’re prioritizing the use of employee-facing technology to support benefits management, including the use of artificial…

  • By: Staff
  • April 24, 2025 April 23, 2025
  • 09:00
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Survey finds U.S. employees believe they’ll need $1.26 million to retire comfortably

U.S. workers believe they’ll need an average of US$1.26 million in savings to retire comfortably, $200,000 less than the $1.46 million reported last year and…

  • By: Staff
  • April 23, 2025 May 1, 2025
  • 15:00
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Flexible savings plans, employer matching allowing employees to retire earlier than planned: survey

Flexible retirement savings plans and employer matching can potentially provide lower-income workers with earlier retirement options despite the rising cost of living, according to a…

  • By: Staff
  • April 21, 2025 April 17, 2025
  • 09:00

Majority of Canadian employers planning to benchmark benefits plan to remain competitive: survey

The majority (91 per cent) of Canadian employers are planning to benchmark their benefits plan against market practices to remain competitive, with half (49 per…

  • By: Staff
  • April 16, 2025 April 11, 2025
  • 09:00
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Economic volatility, demographic changes among factors shaping retirement plans: survey

More than half of U.S. pension plan sponsors say economic conditions like interest rate and market volatility (58 per cent) as well as demographic changes…

  • By: Staff
  • April 8, 2025 April 7, 2025
  • 15:00