New surveys highlight discrepancies in retirement readiness
About a third (36 per cent) of working Canadians and 21 per cent of retirees aren’t confident how much money their retirement income sources will provide…
Latest news in Retirement
University of Victoria Students’ Society joining CAAT’s DBplus pension
The University of Victoria Students’ Society is the first Vancouver Island employer to join the Colleges of Applied Arts and Technology pension plan’s DBplus. By…
- By: Staff
- September 27, 2021 September 27, 2021
- 15:00
Canada drops to No. 10 in retiree well-being global rankings: report
Canada drops to No. 10 among developed nations for retiree well-being after spending two years in a row at No. 8, according to Natixis Investment…
- By: Staff
- September 23, 2021 September 22, 2021
- 09:00
How will federal election platforms impact HR, benefits and pensions?
As Canadians head to the polls today, Benefits Canada takes a look at how the federal parties’ campaign promises could impact the human resources, benefits…
- By: Staff
- September 20, 2021 September 17, 2021
- 09:00
How can pension plan sponsors help women hit their retirement readiness stride?
Preparing financially for retirement is a marathon filled with many obstacles along the way to a constantly shifting finish line. Even in 2021, female employees…
- By: Melissa Dunne
- September 17, 2021 September 16, 2021
- 08:54
How Poland’s new DC program was designed using behavioural science
Like many other countries around the world, Poland’s aging population is increasingly highlighting the topic of retirement savings. “Each year, the number of pensioners increase…
- By: Blake Wolfe
- September 17, 2021 September 16, 2021
- 08:53
Q&A with the Saskatchewan Pension Plan’s Katherine Strutt
On the eve of her retirement after more than 30 years in the pension industry, the SPP’s former executive director talks women in pensions, decumulation…
- By: Jennifer Paterson
- September 17, 2021 September 16, 2021
- 08:52
Income inequality reducing retirement security in U.S.: report
Income inequality in the U.S. is contributing to the growth of financial insecurity in retirement, exacerbated by a shift from pensions to individual 401(k) savings…
- By: Staff
- September 8, 2021 September 7, 2021
- 09:00
Financial education offerings may help close pension gender gap
With many women at risk of outliving their retirement savings, employers can help by educating female employees about their investment options, says Michelle Connell, a…
- By: Lauren Bailey
- September 2, 2021 September 2, 2021
- 09:00
Conservatives promise gig workers access to CPP, EI; Liberals look to raise GIS, lower retirement age
The Conservative Party is promising to create tax-free savings accounts that provide gig workers with access to the Canada Pension Plan and employment insurance benefits. While…
- By: The Canadian Press, with files from staff
- August 27, 2021 August 27, 2021
- 15:00
Canadian near-retirees expect to outlive savings, postpone retirement, finds survey
A fifth (21 per cent) of Canadians who are nearing retirement with more than $100,000 in investable assets said they expect to outlast their savings…
- By: Staff
- August 26, 2021 August 26, 2021
- 15:00
Conservatives, NDP pension promises include super-priority for members
As part of the federal Conservative Party’s platform for the coming election, Leader Erin O’Toole is proposing a plan to secure pensions for Canadian workers.…
- By: Staff
- August 25, 2021 August 25, 2021
- 09:00
Positive DC plan investment outlook, returns may fuel early retirements: report
After the market rollercoaster ride of 2020, investors’ expectations have shifted considerably, and many are now looking for returns of 10.6 per cent above inflation…
- By: Staff
- August 17, 2021 August 17, 2021
- 09:00
Ontario Medical Association introducing new pension annuity offering
The Ontario Medical Association is helping its members save for retirement with a new guaranteed lifetime income annuity. Kayte Fredrickson, vice-president of insurance for the…
- By: Blake Wolfe
- August 16, 2021 August 16, 2021
- 09:00
Editorial: Pandemic just the latest challenge facing retirement readiness
Last year, Benefits Canada hosted its 2020 CAP Member Survey webinar just a few weeks after the World Health Organization declared the global coronavirus pandemic.…
- By: Jennifer Paterson
- August 13, 2021 August 11, 2021
- 09:00
2021 Consultants Report: Pandemic changing plan sponsor, consultant relationships
The past year and a half has been characterized by marked change. The move to remote work, industry layoffs and the desire for more robust…
- By: Leah Golob
- August 13, 2021 August 11, 2021
- 08:56
2021 CAP Member Survey: How are CAP members faring during coronavirus?
For the past 15 years, Benefits Canada’s CAP Member Survey has taken the pulse of capital accumulation plan members’ retirement readiness, their knowledge, confidence and…
- By: Jennifer Paterson
- August 13, 2021 August 11, 2021
- 08:55
Border agency employees ending strike after retirement, paid leave wins
The union president for the Canadian Border Services Agency employees is “relieved” after reaching a new tentative agreement that includes retirement benefits and new paid…
- By: The Canadian Press, with files from staff
- August 11, 2021 August 11, 2021
- 15:00
CLHIA calling for increased access to VPLAs, prescription drugs
The Canadian Life and Health Insurance Association is calling on the federal government to permit standalone variable payment life annuities to pool participants from all…
- By: Staff
- August 9, 2021 August 9, 2021
- 15:00
Vale mine workers ending strike after winning pension, benefits increases
The first strike at Vale Canada in more than a decade is drawing to a close after unionized workers at the Sudbury, Ont., mine ratified a collective…
- By: The Canadian Press
- August 9, 2021 August 9, 2021
- 09:00
CAPSA developing multi-jurisdictional VPLA framework for DC pension plans
The Canadian Association of Pension Supervisory Authorities is developing a framework for defined contribution pension plans to offer variable payment life annuities. In developing the…
- By: Staff
- August 4, 2021 August 3, 2021
- 09:00
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…
- By: Staff
- July 29, 2021 July 29, 2021
- 09:00
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
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