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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Railway Co. is amending its pension policy after awarding benefits to a widower who was initially denied because of an outdated rule…

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…

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…

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
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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…

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…

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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…

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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…

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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
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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

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

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

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 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…

Navacord acquiring Ontario-based benefits firm

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

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 $4B from fossil fuels

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.…

Scotiabank awarded for adapting benefits in face of coronavirus

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

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

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