CN Rail amending pension policy for same-sex couples
The Canadian National Railway Co. is amending its pension policy after awarding benefits to a widower who was initially denied because of an outdated rule…
Latest news in Retirement
Head to head: Should Canadian policy-makers facilitate a workplace emergency savings benefit?
With many employees struggling with finances since the coronavirus pandemic started last March, two experts weigh in on the viability of offering a workplace emergency…
- By: Benefits Canada
- April 16, 2021 April 28, 2021
- 08:58
The pros and cons of opting for a 60/40 balanced portfolio strategy
While the typical balanced fund is becoming a rarity among pension plans, a segment of plan sponsors continue to utilize these funds — albeit with…
- By: Blake Wolfe
- April 16, 2021 April 28, 2021
- 08:53
Canadians worrying about financial stress, job loss and retirement amid pandemic: survey
As the world and Canada enters year two of the coronavirus pandemic, it’s continuing to have an uneven impact on Canadians’ finances, according to a…
- By: Staff
- March 30, 2021 March 30, 2021
- 09:00
Gender gap persists in equity compensation plan participation: report
Men and women are unevenly participating in equity compensation plans among private employers, according to new research conducted in the U.S. by Morgan Stanley. The…
- By: Staff
- March 25, 2021 March 25, 2021
- 15:00
Editorial: Helping turn retirement dreams into reality pays off
Remember those Freedom 55 ads that always seemed to be on TV in the ‘80s and ‘90s? I recently went down a YouTube rabbit hole…
- By: Melissa Dunne
- March 19, 2021 April 28, 2021
- 09:00
Six employees discuss their personal roads to retirement
While 65 has long been considered the traditional retirement age, younger employees face the possibility of working longer. Plan sponsors can learn much from the…
- By: Blake Wolfe
- March 19, 2021 April 28, 2021
- 08:57
How the TTC Pension Fund Society is staying on track during the coronavirus crisis
Since last March, the coronavirus pandemic has derailed the best-laid plans of many organizations, including the Toronto Transit Commission. With so many white-collar employees working…
- By: Alison MacAlpine
- March 19, 2021 April 28, 2021
- 08:53
The Royal Mail Group’s road to offering U.K. employees a collective DC plan
The Royal Mail Group Ltd. will soon make history in the United Kingdom by becoming the first employer to sponsor an entirely new type of…
- By: Kelsey Rolfe
- March 19, 2021 April 28, 2021
- 08:51
Stock options driving loyalty, hard work among employees: study
Employees that include company stock in their overall financial planning are more loyal and have a higher output level, according to new research conducted in…
- By: Staff
- March 17, 2021 March 17, 2021
- 09:00
Are target-benefit pension plans the answer to a secure, sustainable retirement?
More Canadian employers should consider target-benefit pension plans for their employees these days. The model is gaining steam. In mid-December, 2020, the Quebec legislator signed into…
- By: Jason Malone
- March 16, 2021 April 23, 2021
- 09:00
Young Canadians focusing on retirement, financial security amid coronavirus crisis: survey
Young Canadians are increasingly planning their financial futures as the world faces down the second the year of the coronavirus pandemic, according to a new…
- By: Staff
- March 16, 2021 March 15, 2021
- 09:00
Women retiring two years later, with 30% less wealth, than men: report
Although women must work two years longer than men to be retirement ready, they still retire with 30 per cent less wealth than their male…
- By: Staff
- March 10, 2021 April 25, 2021
- 17:37
Newfoundland and Labrador residents can now unlock pension benefits
Newfoundland and Labrador residents can now unlock benefits held in locked-in retirement savings arrangements for reasons of financial hardship or non-residency in Canada. The changes…
- By: Staff
- March 3, 2021 March 3, 2021
- 09:00
CLHIA calling for flexible annuity options, changes to TFSA rules
The Canadian Life and Health Insurance Association is calling on the federal government to provide Canadians with access to more-secure retirement income. In its submission…
- By: Staff
- March 1, 2021 March 1, 2021
- 15:00
Half of Canadians skipping RRSP contributions in 2021: survey
Canadians are skipping contributions to their registered retirement savings plans and considering a delayed retirement amid the coronavirus pandemic, according to a new survey by…
- By: Staff
- February 16, 2021 February 17, 2021
- 09:00
Canadians’ financial well-being on the decline: survey
The financial well-being of Canadians has declined over the last year, according to a new survey by Morneau Shepell Ltd. It rated Canadians’ overall financial…
- By: Staff
- February 11, 2021 March 24, 2021
- 09:00
HOOPP surpasses 400,000 plan members
The Healthcare of Ontario Pension Plan recently surpassed 400,000 plan members, more than doubling since 2013 when it passed the 200,000 member mark. It added…
- By: Staff
- February 9, 2021 March 26, 2021
- 09:00
Pension plans focusing on streamlining ESG strategies in 2021
Pension plans in Canada now factor environmental, social and governance monitoring in their investment process, and in the absence of national guidance, plan managers are using…
- By: Lauren Bailey
- February 8, 2021 March 26, 2021
- 09:00
Navacord acquiring Ontario-based benefits firm
Navacord Corp. is further expanding its group benefits business by acquiring Penmore Benefits Inc. A division of The Penmore Group, Concord, Ont.-based Penmore Benefits Inc., provides…
- By: Staff
- February 8, 2021 March 26, 2021
- 09:00
25% of Canadians cutting back savings, RSPs amid pandemic
Since the World Health Organization declared a global pandemic almost 11 months ago, the resulting economic uncertainty as the coronavirus crisis drags on has resulted…
- By: Staff
- January 28, 2021 April 14, 2021
- 09:00
New York City pension funds divesting $4BN from fossil fuels
Two pension funds for New York City workers are pulling an estimated US$4 billion in investments from fossil-fuel companies in order to promote clean-energy use.…
- By: The Canadian Press, with files from staff
- January 27, 2021 April 23, 2021
- 15:00
32% Canadians delaying retirement due to coronavirus pandemic: survey
While the rollout of vaccines has the world cautiously optimistic about an economic recovery, a Scotiabank survey shows the coronavirus pandemic has Canadians concerned about…
- By: Staff
- January 25, 2021 April 14, 2021
- 10:37
32% of Canadians delaying retirement due to coronavirus pandemic: survey
While the rollout of vaccines has the world cautiously optimistic about an economic recovery, a Scotiabank survey shows the coronavirus pandemic has Canadians concerned about their retirement…
- By: Staff
- January 25, 2021 April 14, 2021
- 09:00
Canada Life absorbing TD Bank Future Builders’ RSP program plan members
The Canada Life Assurance Co. is absorbing the Toronto-Dominion Bank’s TD Future Builders retirement savings plan program members as of March 19. “We believe Canada Life…
- By: Staff
- January 6, 2021 April 14, 2021
- 09:00