The federal government is in the process of sending letters with information on its planned early retirement program to almost 70,000 employees as it works…
Quebec’s finance minister presented an economic update on Tuesday that offered modest savings to taxpayers, as he painted an optimistic picture of the province’s finances…
An article on how employers can approach pay-for-performance amid economic volatility was the most-read story on BenefitsCanada.com this past week. Here are the top five…
Wealthsimple Inc. is marking Financial Literacy Month with a two-part series of information sessions on how women can build financial confidence. The sessions cover estate…
For a typical middle-income Canadian without a workplace pension, the Canada Pension Plan is projected to provide roughly 50 per cent to 70 per cent…
During Financial Literacy Month, Arc’teryx Equipment is hosting a series of information sessions on the company’s savings plans, geared toward the outerwear company’s diverse employee…
Two-thirds (67 per cent) of Canadian employees say help with forecasting retirement income is the No. 1 way that employers can provide financial support to…
While earlier generations of Canadian retirees fared well despite limited financial literacy thanks to simpler pension systems, today’s employees face a more complicated journey through…
An article on proposed changes to preferred pharmacy networks outlined in the Ontario government’s fall economic statement was the most-read story on BenefitsCanada.com this past…
Many women approaching and entering retirement are seeking clearer financial guidance and more supportive environments for financial decision-making, according to a new survey by HomeEquity…
Improving participation and engagement in pension savings is a constant challenge for the retirement industry, but experts point to more insistent and consistent tactics around…
In stock ownership, Scotiabank employees have the combined heft of a large institutional investor: more than 30,000 active members in the bank’s employee share ownership…
The union representing workers at Loblaws Inc.’s distribution centre in Ajax, Ont. have ratified a new five-year collective agreement that includes benefits and wage gains.…
In its fall economic statement, the Ontario government said it plans to introduce legislation that would effectively end preferred pharmacy networks in the province. The…
A continued rally in equity markets in the third quarter of 2025 strengthened retirement income outcomes for capital accumulation plan members, according to a new…
In its 2025 budget, the federal government announced several initiatives to incentivize institutional investors to back domestic infrastructure and business ventures. The budget proposed $1…
On Sept. 30, more than 80 defined contribution pension plan sponsors, consultants, asset managers and other industry stakeholders met at the Omni King Edward Hotel…
While Canadians have a better sense of the savings they’ll need to retire comfortably, they may still be underestimating the true cost, according to research…
According to MFS Investment Management’s Sean Kenney, his three sisters would all fall within the same target-date age cohort, but their lifestyles and retirement goals…
With target-date funds now a dominant investment vehicle in Canada’s defined contribution pension landscape, the glide path is the primary determinant of plan members’ outcomes…
While integrating private assets into target-date funds can give plan members income-generating and diversification benefits at an attractive risk profile relative to traditional asset classes,…
The last 10 to 15 working years before retirement is a powerful and precarious time for defined contribution plan members, with roughly half of the…
KPMG in Canada is aiming to boost plan member engagement with its retirement savings programs with a host of changes, including a refreshed defined contribution…
Roughly six in 10 (60 per cent) U.S.-based defined contribution pension plan sponsors say they want to retain assets in the plan, often by limiting…
Nearly six in 10 (59 per cent) Canadians fear they’ll outlive their retirement savings, according to a new survey by the Canada Pension Plan Investment…