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Survey finds 29% of Canadians are concerned about inflation’s impact on retirement savings

Nearly a third (29 per cent) of Canadians expressed concern about the impact of rising inflation on their retirement savings, according to a new survey…

Top 5 HR, pension and benefits stories of the week

A story on the Toronto-Dominion Bank’s enhancement to its benefits offerings in 2022 with expanded family planning coverage took the top spot over the past week…

  • By: Staff
  • January 21, 2022 January 21, 2022
  • 09:00

Survey finds 40% of Canadians maintaining retirement savings despite pandemic’s financial challenges

Despite the financial challenges experienced by Canadians over the course of the coronavirus pandemic, 40 per cent said they’ve continued to save for retirement, according…

  • By: Staff
  • January 17, 2022 January 18, 2022
  • 15:00

51% of workers believe employers should support financial wellness: survey

Just over half (51 per cent) of U.S. employees — including 65 per cent of generation Z respondents — agreed employers have a responsibility to…

  • By: Staff
  • January 13, 2022 January 13, 2022
  • 15:00

DB pensions offer significant cost savings over DC plans: report

Defined benefit pension plans offer substantial cost advantages over 401(k)-style defined contribution plans, according to a new report by the National Institute on Retirement Security.…

  • By: Staff
  • January 11, 2022 January 10, 2022
  • 09:00

Top 5 HR, pension and benefits stories of the week

How the City of Toronto is continuing to support employee mental health in these uncertain times took the top spot over the past week on BenefitsCanada.com.…

  • By: Staff
  • January 7, 2022 January 7, 2022
  • 09:00

Half of Canadians equate financial wellness with lack of financial stress: survey

Nearly half (47 per cent) of Canadians said that financial wellness means living without financial stress, according to a new survey by the Canadian Imperial Bank…

  • By: Staff
  • January 5, 2022 January 5, 2022
  • 15:00

Expert panel: DB, DC pension predictions for 2022

As a new year dawns, our attention turns to what’s ahead, the following are a few of my predictions for trends in the world of…

Why CPP premiums are getting a bigger bump than planned

Jan. 1 felt like Groundhog Day for all employees and employers paying into the Canada Pension Plan. Like last year, contributions went up again by more…

My Take: Closing the retirement savings gap in the BIPOC community

It’s no secret there’s a looming retirement savings gap among Indigenous and racialized Canadian seniors and their white counterparts. Indeed, a June 2021 study by…

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…

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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
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Two new employers joining CAAT’s DBplus pension

The National Association of Federal Retirees and the United Way Centraide North East Ontario/Nord-est de l’Ontario are the latest employers to join the Colleges of Applied…

  • By: Staff
  • December 20, 2021 December 17, 2021
  • 09:00

Loblaw, Unifor deal includes increased RRSP contribution match

The union representing employees at a Loblaw Co. Ltd. distribution centre in Ajax, Ont. has ratified a new four-year contract that will increase employer contributions…

  • By: Blake Wolfe
  • December 20, 2021 December 17, 2021
  • 09:00

Top 5 HR, pension and benefits stories of the week

A story on the federal government’s economic and fiscal update took the top spot over the past week on BenefitsCanada.com. Here are the five most popular news…

  • By: Staff
  • December 17, 2021 December 16, 2021
  • 09:05

2021 CAP Suppliers Report: Helping employees plan for retirement while saving for a rainy day

As the coronavirus pandemic sent the global economy into a tailspin, many Canadians grew increasingly concerned about whether they’d amassed enough savings to weather the…

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…

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…

2021 DC Plan Summit: Using DC investments to take on high interest rates, inflation

While it’s easy to get into the weeds of inflation in the current economic environment, the fundamental question for DC plan sponsors and their members…

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…

2021 DC Plan Summit: The importance of adding longevity pooling to decumulation solutions

While Canada’s financial industry has been successful in helping people accumulate savings during their working lives, the decumulation phase is a lot more complicated. One…

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…

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