Latest news in Retirement

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How the ‘father of the 401(k)’ is still helping employees find retirement security

More than 40 years after Ted Benna conceived of what’s now known as the modern defined contribution pension plan structure, the so-called ‘father of the…

Younger workers in the U.S. feeling less confident about their financial security: report

Younger workers in the U.S. are feeling less confident about their financial security compared to those from older generations, according to a report by LIMRA.…

  • By: Staff
  • May 7, 2024 May 6, 2024
  • 15:00

Top 5 HR, benefits, pension and investment stories of the week

A story on how private payers are implementing preferred pharmacy networks to reduce benefits plan costs was the most-read story on BenefitsCanada.com this week. Here…

  • By: Staff
  • May 3, 2024 May 2, 2024
  • 09:00

GreenShield, Unifor agreement includes pension, benefits gains

The union representing more than 600 employees at GreenShield Canada in Toronto and Windsor, Ont. has ratified a three-year collective agreement that includes pension and…

  • By: Staff
  • May 3, 2024 May 2, 2024
  • 09:00
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Public meeting in Edmonton attracts hundreds amid talk of province’s CPP withdrawal

Hundreds of Albertans turned out for a meeting in Edmonton last week to hear officials from the Canada Pension Plan Investment Board discuss the state…

  • By: Staff
  • April 30, 2024 April 29, 2024
  • 09:00
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52% of U.S. private sector workers with employer-sponsored retirement plans say they contribute: survey

While more than two-thirds (69 per cent) of private sector workers in the U.S. have access to an employer-sponsored retirement savings plan, just half (52…

  • By: Staff
  • April 29, 2024 April 29, 2024
  • 15:00
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Top 5 HR, benefits, pensions and investment stories of the week

An article on how employers are enhancing their benefits packages to boost talent attraction and retention was the most-read story on BenefitsCanada.com this past week.…

  • By: Staff
  • April 26, 2024 April 25, 2024
  • 09:00

Just a third of U.K pension plan members feel they’ve saved enough to retire: survey

Only a third (31 per cent) of U.K. pension plan members say they have sufficient retirement savings, down slightly from 32 per cent in 2022,…

  • By: Staff
  • April 26, 2024 April 25, 2024
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

A story on how Organon Canada is supporting women employees at every stage of their career was the most-read story on BenefitsCanada.com. Here are the top…

  • By: Staff
  • April 19, 2024 April 18, 2024
  • 09:00

70% of employers say it’s impossible to offer all benefits demanded by employees: survey

While employers recognize employee benefits are an important part of attracting and retaining talent, seven in 10 (70 per cent) say it’s impossible to offer…

  • By: Staff
  • April 19, 2024 May 3, 2024
  • 09:00

Survey finds 74% of Canadians aged 24 to 44 view conventional retirement approach as outdated

Three-quarters (74 per cent) of Canadians aged 24 to 44 say the conventional approach to retirement — halting work at age 65 to enjoy a…

  • By: Staff
  • April 18, 2024 April 18, 2024
  • 15:00

Back to basics on investment glide paths

Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee…

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Employer matching key to supporting young workers’ retirement readiness: report

Employer-sponsored retirement plans that offer matching contributions can help younger workers retire earlier and with more money, according to a new report by Mercer Canada.…

  • By: Staff
  • April 11, 2024 April 10, 2024
  • 09:00
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47% of U.S. millennials are moderately confident they’ll save enough for retirement: survey

Nearly half (47 per cent) of U.S. millennials are moderately confident in their ability to accumulate enough retirement savings, according to a new survey by…

  • By: Staff
  • April 9, 2024 April 8, 2024
  • 09:00

More than £50 billion in U.K. pension benefits at risk of being lost, misplaced: study

More than £50 billion in U.K. pension benefits were at risk of being misplaced in abandoned accounts or scattered across multiple lost pots in 2023,…

  • By: Staff
  • March 25, 2024 March 25, 2024
  • 15:00
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CPPLC appointing Cheldon Angus as co-chair

The Canadian Public Pension Leadership Council is appointing Cheldon Angus, chief people and technology officer at the Saskatchewan Healthcare Employees’ Pension Plan (SHEPP), as council…

  • By: Staff
  • March 18, 2024 March 18, 2024
  • 15:00
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Canadians with rent, mortgage payments delaying retirement savings amid rising cost of living: survey

Canadian employees who rent or who have mortgage payments are managing economic pressures — like high interest rates and the rising cost of living — by…

  • By: Staff
  • March 15, 2024 March 14, 2024
  • 09:00

Hub International acquiring London, Ont.-based Zavitz Insurance

Hub International Ltd. is acquiring London, Ont.-based Zavitz Insurance & Wealth Inc. Zavitz Insurance provides group employee benefits, living benefits, life insurance services and financial…

  • By: Staff
  • March 13, 2024 March 13, 2024
  • 15:00
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OPB working with employers to receive salary information of employees impacted by Bill 124

The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the…

  • By: Staff
  • March 12, 2024 March 13, 2024
  • 15:00
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Expert panel: How DC plan members can hedge longevity risk for more effective decumulation

Retiring baby boomers are in an era of decumulation anxiety, as they convert their pension assets into income that they fear won’t hold up over…

55% of Americans worry they won’t have financial security in retirement: survey

More than half (55 per cent) of Americans say they’re worried they won’t achieve financial security in retirement, according to a new survey by the…

  • By: Staff
  • March 1, 2024 February 29, 2024
  • 09:00
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UPP keeping plan members engaged, informed with new web portal

The University Pension Plan is launching a new web portal to prioritize plan member engagement throughout the year. “Transparency is an important value to our…

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Top 5 HR, benefits, pension and investment stories of the week

An article on how the Ontario Municipal Employees Retirement System has contributed to the province’s gross domestic product was the most-read story on BenefitsCanada.com this…

  • By: Staff
  • February 23, 2024 February 22, 2024
  • 09:00
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Ford Canada transferring $923 million in pension liabilities via group annuity buyout

Ford of Canada is is transferring the longevity risk for $923 million in pension plan liabilities through a group annuity buyout. RBC Insurance, Sun Life Assurance…

  • By: Staff
  • February 22, 2024 February 21, 2024
  • 09:00

Survey finds U.S. employees increasingly interested in retirement, savings programs

The vast majority (89 per cent) of U.S. employees say they’d be more likely to continue working for an employer that offered a retirement plan,…

  • By: Staff
  • February 21, 2024 February 21, 2024
  • 15:00