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More plan sponsors meeting members’ retirement goals in 2021: survey

A majority (72 per cent) of plan sponsors believe their retirement savings plan is meeting its goals this year, up from roughly 66 per cent…

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U.S. employees lacking access to financial wellness programs: survey

A majority (63 per cent) of U.S. employees said their employer doesn’t offer a financial wellness program, according to a new survey by the Defined…

  • By: Staff
  • July 27, 2021 July 27, 2021
  • 15:00
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Rio Tinto workers striking over pension plan, retirement benefits

About 900 employees at Rio Tinto Group’s aluminum smelting facilities in Kitimat, B.C. are on strike after Unifor Local 2301 and the company failed to…

  • By: Staff
  • July 27, 2021 July 26, 2021
  • 09:00

Gen X, millennials more worried about retirement than older generations: report

Millennials and generation X are more worried about retirement than older generations in the wake of the coronavirus pandemic, according to a new survey of…

  • By: Staff
  • July 20, 2021 July 19, 2021
  • 15:00

Expert panel: A look at retiree benefits and the current health-care system

Many employees may be dreaming of a carefree retirement following many years in the trenches — but they’ll likely have to keep dreaming if they…

CAAT DBplus pension welcoming more members of Canadian legal community

The College of Applied Arts and Technology’s DBplus pension plan is welcoming more members of Canada’s legal community through an affinity agreement between the pension…

Number of employees retiring, quitting could rise as pandemic recedes: report

Employees choosing to retire or quit could rise in the second half of 2021 alongside the coronavirus pandemic receding, according to a report by the…

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Aon, Willis Towers Watson merger receives European Commission’s conditional approval

Aon and Willis Towers Watson are confirming the European Commission’s conditional approval of the two companies’ proposed merger. “This is a major step that demonstrates continued progress…

  • By: Staff
  • July 12, 2021 July 12, 2021
  • 15:00

Vale mine workers in Sudbury striking over cuts to drug coverage, retiree health benefits

More than 2,000 workers at a Vale nickel mine in Sudbury, Ont., are continuing their strike after their union, United Steelworkers Local 6500, rejected the…

Pandemic impacting American employees’ attitudes toward finances, retirement, savings: surveys

Almost half (40 per cent) of American workers said the coronavirus pandemic’s made them more concerned about planning for retirement, according to a survey by…

  • By: Staff
  • July 2, 2021 July 2, 2021
  • 15:00

University Pension Plan launches multi-employer DB pension plan

The University Pension Plan is launching its jointly sponsored pension plan, providing management services to the Queen’s University, the University of Guelph and the University…

  • By: Staff
  • July 2, 2021 July 2, 2021
  • 09:00
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East coast companies among early adopters of new retirement savings platform

Two East coast companies are among the early adopters of a retirement savings platform for employers in the not-for-profit sector. Prince Edward Island Family Violence…

Millennials, gen-Xers hit hardest financially during pandemic: survey

The coronavirus pandemic is financially impacting generation Z, millennials, generation X and baby boomers differently. Canadians from the millennial (22 per cent) and gen-X (25…

  • By: Staff
  • June 24, 2021 June 24, 2021
  • 09:00

Majority of Canadian workers willing to take less pay for a workplace pension plan: survey

A majority (70 per cent) of Canadians say they’re willing to forgo a higher salary in exchange for a workplace pension plan, according to a…

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Pride Month: CN Rail dispute ‘catalyst’ for same-sex pension plan policy reviews

While a recent dispute between the Canadian National Railway Co. and the surviving same-sex partner of a deceased plan member will likely inspire other plan…

Americans still saving via DC plans despite pandemic-fuelled uncertainty: report

Despite the uncertainty wrought by the coronavirus pandemic, Americans are continuing to save for retirement through defined contribution pension plans, according to new data from…

  • By: Staff
  • June 16, 2021 June 16, 2021
  • 15:00
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Indigenous, racialized seniors have less retirement security: report

Indigenous and racialized seniors have less retirement security and higher poverty rates than white seniors in Canada, according to a new report by the Canadian…

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Nova Scotia providing residents with early access to retirement savings

Nova Scotia is allowing residents to apply directly to their financial institution to access their retirement savings when facing financial challenges. Under amendments to provincial…

  • By: Staff
  • June 15, 2021 June 16, 2021
  • 09:00
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New longevity pension fund offers decumulation option for plan sponsors

Purpose Investments Inc. is introducing a new longevity pension fund, which invests 50 per cent in equities and 50 per cent in fixed income. It…

Using technology to connect health benefits, savings plans

Plan member challenges — from uncertainty about what their benefits plan covers to mundane issues such as struggling with passwords and difficulty accessing their benefits…

Canadians becoming more optimistic about finances, retirement savings: survey

Canadians are becoming more confident about their financial situations and are setting more personal financial goals, according to a new survey by BMO Financial Group.…

  • By: Staff
  • May 19, 2021 May 19, 2021
  • 15:00
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Canadians not saving enough for long-term care in retirement: survey

Canadians’ current retirement savings aren’t likely to withstand the costs of long-term health care later in life, according to a new survey by Edward D.…

  • By: Staff
  • May 17, 2021 May 18, 2021
  • 09:00
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Language, communication shaping DC plan members’ retirement decisions: survey

Language and communication can impact the retirement decisions of defined contribution plan members, according to a new survey by Invesco Ltd. The survey found 60…

  • By: Staff
  • May 14, 2021 May 14, 2021
  • 09:10
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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…

  • By: Staff
  • May 7, 2021 May 6, 2021
  • 09:00

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…