Latest news in Retirement

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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…

Top 5 HR, pension and benefits stories of the week

With many employers currently planning where employees will work post-coronavirus pandemic, our story on the Royal Bank of Canada’s hybrid work model piqued the interest…

  • By: Staff
  • October 8, 2021 October 8, 2021
  • 09:00

Employers offering retirement benefits seeing stronger staff productivity: survey

Nearly half (44 per cent) of employers that offer retirement benefits said employee productivity has been better than normal over the past year, compared to…

  • By: Staff
  • October 7, 2021 October 7, 2021
  • 09:00

Canadians’ financial well-being up slightly, focus on retirement growing: survey

Canadians reported slightly higher levels of financial well-being in the summer of 2021, with many focusing on saving for retirement, according to a new survey…

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

A quarter of Canadians delaying retirement due to pandemic: survey

Nearly a quarter (23 per cent) of working Canadians say the coronavirus pandemic has delayed their — or their spouse’s — timeline to retirement, according…

  • By: Staff
  • September 30, 2021 September 30, 2021
  • 15:00

Solvency reserve accounts missing from Manitoba’s new pension amendments

Although Manitoba’s Pension Amendments Act takes effect on Oct. 1, pension plan sponsors are disappointed that the provisions allowing them to use reserve accounts to…

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…

  • By: Staff
  • September 28, 2021 September 27, 2021
  • 09:00

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 October 6, 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…

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…

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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
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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…

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…

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
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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
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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…