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CAP member income replacement ratios hit six-year high: report

Despite muted investment returns in the third quarter of 2021, capital accumulation plan member outcomes improved as annuity rates continue to rise, according to Eckler…

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How employers can solve the inflation puzzle amid war for talent

As inflation hits a record high in Canada, employers are helping workers weather the storm through various benefits and compensation offerings, according to several experts.…

Air Canada, unions reach agreement to wind down pension trust

Air Canada and unions representing more than 20,000 employees are reaching an agreement that will wind down a shared pension trust to the benefit of…

  • By: Staff
  • November 30, 2021 November 30, 2021
  • 09:00

Top 5 HR, pension and benefits stories of the week

A story looking at dynamic pension pools as a decumulation option took the top spot over the past week on BenefitsCanada.com. Here are the five most popular…

  • By: Staff
  • November 19, 2021 November 19, 2021
  • 09:05
Editorial: Company culture in the age of coronavirus

Editorial: Discussing decumulation, slow pace of change in Canada’s pension industry

If I’ve learned one thing about the Canadian pension industry over the past six years, it’s that change comes at a snail’s pace. When I…

A look at the Co-operators Group’s new decumulation offering

One, as Harry Nillson crooned in his classic breakup song, can feel like the loneliest number. At the end of working life, many retirees with…

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Employers see retirement benefits as top attraction, retention tool: survey

A majority of Canadian employers believe providing workplace retirement savings plans can improve employee attraction and retention, according to a survey by Maru Group Ltd.…

Dynamic pension pools a viable decumulation option for Canadians: report

With 10 million Canadian baby boomers entering retirement, dynamic pension pools could help seniors turn their accumulated savings into low-cost lifetime pension income, according to…

  • By: Staff
  • November 16, 2021 November 15, 2021
  • 09:00
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Survey says 22% of pre-retirees planning to work past age 65

A growing number of pre-retirees are planning to delay their retirement past age 65, according to a new survey by Fidelity Investments Inc. The survey,…

  • By: Staff
  • November 15, 2021 November 16, 2021
  • 15:00

Automatic features in DC pension plans may benefit members: FSRA

The Financial Services Regulatory Authority of Ontario is encouraging defined contribution pension plan sponsors and administrators to evaluate the use of automatic features within the…

  • By: Staff
  • November 12, 2021 November 11, 2021
  • 09:00

Top 5 HR, pension and benefits stories of the week

Stories delving into how employers and employees are dealing with returning to the workplace dominated the top stories over the past week on BenefitsCanada.com, with three of…

  • By: Staff
  • November 12, 2021 November 12, 2021
  • 09:00

75% of older Canadians worrying about financial security: survey

Three-quarters (75 per cent) of Canadians nearing or in early retirement said the coronavirus pandemic has them more concerned about their family’s financial security and…

  • By: Staff
  • November 5, 2021 November 5, 2021
  • 09:00

Top 5 HR, pension and benefits stories of the week

A story on the maximum pensionable earnings under the Canada Pension Plan for 2022 took the top spot over the past week on BenefitsCanada.com. Here are…

  • By: Staff
  • November 5, 2021 November 5, 2021
  • 09:00

CPP maximum pensionable earnings rising to $64,900 in 2022

The maximum pensionable earnings under the Canada Pension Plan for 2022 is increasing to $64,900 from $61,600 in 2021. The new ceiling was calculated according to a CPP legislated…

  • By: Staff
  • November 2, 2021 November 2, 2021
  • 09:00

Expert panel: Six ways to incorporate green initiatives into benefits offerings

The Council of Parties to the United Nations’ climate convention, known as COP26, which is currently underway in Glasgow has put climate change on the…

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Award finalists discuss mental health, enhanced communications amid pandemic

More than 19 months into the coronavirus pandemic, employers are focusing on enhanced mental-health offerings and streamlined communications for their benefits and pension plans. During a…

Top 5 HR, pension and benefits stories of the week

A story looking at the award-winning strategy behind Canadian Forest Products Ltd.’s ongoing support for employees’ savings and retirement goals took the top spot over…

  • By: Staff
  • October 29, 2021 October 29, 2021
  • 09:00

Majority of HR leaders believe benefits, retirement offerings meeting needs of all: survey

The majority of human resources professionals said they believe their organizations’ current benefits and retirement offerings are meeting the needs of a diverse workforce, according to…

  • By: Staff
  • October 29, 2021 October 29, 2021
  • 09:00

Canfor wins award for educating employees on retirement savings

Canadian Forest Products Ltd.’s ongoing support for employees’ savings and retirement goals resulted in a win in the Financial wellness category at Benefits Canada’s 2021…

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Italy’s public pension system favours early retirees: report

The decision to favour contributors to Italy’s defined benefit pension plan during its transition to a defined contribution model favours early retirees and disadvantages younger…

  • By: Staff
  • October 21, 2021 October 21, 2021
  • 11:00

More U.S. not-for-profit employees participating in retirement savings plans: survey

Despite the coronavirus pandemic’s impact on the U.S. not-for-profit sector in 2020, employees participated in 403(b) retirement plans at the highest level since tracking began…

  • By: Staff
  • October 20, 2021 October 19, 2021
  • 09:00

Toronto seafood market engaging employees with profit-sharing plan, health benefits

A Toronto-based seafood market is using its benefits and compensation offerings to engage employees in an industry hit particularly hard by the coronavirus pandemic. David…

Top 5 HR, pension and benefits stories of the week

A look at a survey finding employees are prioritizing workplace benefits plans amid an increasingly competitive job market took the top spot as the most-read story…

  • By: Staff
  • October 15, 2021 October 15, 2021
  • 09:00

Focusing on TDF glide paths as migration from DB to DC plans continue

The selection of a target-date fund glide path is more crucial than ever as the migration from DB to DC pension plans continues. Since its…

Helping employees understand the benefits of delaying CPP/QPP

The old adage “good things come to those who wait” is especially true of Canada and Quebec Pension Plan benefits. A $1,000 monthly CPP/QPP benefit…