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Investing through the DC plan member lens

Investing through the DC plan member lens

While user experience is a major focus in the technology world, it’s time to start looking at retirement from the end-user experience as well, said…

DC plan member actions affected by volatility

DC plan member actions affected by volatility

In the face of a challenging capital market and its subsequent volatility, defined contribution plan sponsors must consider the affect on plan member behaviour, said Colin…

Engaging millennials in retirement requires different solutions

Engaging millennials in retirement requires different solutions

With different generations in the workplace requiring personalized approaches, the pension industry is reimagining traditional savings plans, said Brady Aarssen, assistant vice-president of business development…

Strategic DC plan design driving right result

Strategic DC plan design driving right result

While the pension industry has traditionally spent a lot of time focusing on active management and its impact, the right result is driven by strategic…

Using plan design to drive better outcomes for DC plan members

Using plan design to drive better outcomes for DC plan members

Looking at the role of plan design in driving member outcomes, it comes down to data and experience, according to Margaret Rux, principal and department…

Holistic retirement thinking: Integrating public, private pensions

Holistic retirement thinking: Integrating public, private pensions

Defined contribution plan sponsors should consider Canada’s public pension system when designing their plans, according to a panel comparing the Canadian system to the ones…

Eliminating ‘tyranny of choice’ in DC plan enrolment

Eliminating ‘tyranny of choice’ in DC plan enrolment

Simplifying DC plan enrolment should begin by eliminating the “tyranny of choice,” making it easier for plan members to just get started, according to Tom…

Wrap-up: Revisiting traditional DC plan approaches

Wrap-up: Revisiting traditional DC plan approaches

As the retirement savings environment evolves, the pension industry must be aware of the changes to move with them, said Zaheed Jiwani, principal at Eckler…

Group TFSAs could encourage retirement savings for low-income Canadians: report

Group TFSAs could encourage retirement savings for low-income Canadians: report

Employers could play a role in encouraging low-income Canadians to save more for retirement by offering  group tax-free savings accounts, according to a report by the…

Older employees to make up larger portion of Canadian workforce

Older employees to make up larger portion of Canadian workforce

Workers over the age of 55 could make up more than a quarter of Canada’s labour force by 2036, according to new labour force predictions…

Budget proposals for retirement security get mixed reviews from ACPM

Budget proposals for retirement security get mixed reviews from ACPM

The Association of Canadian Pension Management has mixed feelings about the federal government’s proposed methods for enhancing retirement security in the wake of the high-profile Sears Canada…

Brunswick Smelter workers to vote on strike over pension, benefits issues

Brunswick Smelter workers to vote on strike over pension, benefits issues

Employees at Glencore Canada’s Brunswick Smelter operation are considering striking over what their union is calling “never-ending” concession demands from the company on pensions and…

Budget 2019: Proposed changes to pension legislation, annuities, CPP

Budget 2019: Proposed changes to pension legislation, annuities, CPP

In its 2019 budget on Tuesday, the federal government announced a number of proposals regarding pension protections, off the back of recent high-profile corporate bankruptcies that have thrown…

Editorial

Editorial: A wish list from the DC pension industry

If there’s one thing Canada’s pension industry can agree on, it’s the work that needs to be done around defined contribution pension plans. In February,…

University of Waterloo includes retirees in pension, benefits governance

University of Waterloo includes retirees in pension, benefits governance

Despite changing demographics and rising health-care costs, it’s uncommon for employers to include retirees in their pension and benefits governance. However, the University of Waterloo…

  • By: Jann Lee
  • March 15, 2019 September 13, 2019
  • 08:58
Mental and emotional health spilling over to financial stress: study

Mental and emotional health spilling over to financial stress: study

Stress hurts, and it’s not just about mental and emotional health strain, it’s also about financial stress, according to a workforce well-being survey by Buck Consultants.…

Physical workers face retirement challenges as longevity rises: survey

Physical workers face retirement challenges as longevity rises: survey

As longevity increases around the world, the solution of simply working longer is especially troublesome for workers with physically demanding jobs, according to the latest Aegon…

  • By: Staff
  • March 8, 2019 September 13, 2019
  • 08:50
Empire Life launching retirement and savings tool

Empire Life launching retirement and savings tool

The Empire Life Insurance Co. has developed an interactive tool to help Canadians move towards achieving their retirement and savings goals. The tool, which plan sponsors…

  • By: Staff
  • March 5, 2019 September 13, 2019
  • 15:15
A third of Canadian women not confident about maintaining lifestyle in retirement: survey

A third of Canadian women not confident about maintaining lifestyle in retirement: survey

A third (33 per cent) of Canadian women aren’t confident they’ll be able to afford their desired lifestyle in retirement, according to a survey by RBC…

  • By: Staff
  • February 27, 2019 September 13, 2019
  • 15:15
Canadians favour TFSAs over RRSPs: survey

Canadians favour TFSAs over RRSPs: survey

In a showdown between tax-free savings accounts and registered retirement savings plans, Canadians have a clear favourite: more than half said they prefer to put their money in…

Industry consulting on commuted-value standard in pension payments

Industry consulting on commuted-value standard in pension payments

The Actuarial Standards Board is consulting on changes to key components of how the commuted value for a pension plan is calculated. The commuted-value standard…

Engaging employees with retirement calculators, modelers

Engaging employees with retirement calculators, modelers

From banks to insurers to the federal government, retirement calculators are a regular feature of the financial planning landscape. At their most basic, they use…

  • By: Alice Chen
  • February 15, 2019 March 6, 2021
  • 08:53
One pension pillar can’t achieve all objectives: report

One pension pillar can’t achieve all objectives: report

While the Canadian retirement income system is performing well overall, it still requires some assessment to determine its primary goals and how changing one part of…

Disconnect between baby boomer, employer perspectives on working in retirement: survey

Disconnect between baby boomer, employer perspectives on working in retirement: survey

Baby boomers want to keep working in retirement, but most said their company doesn’t offer the option, according to a poll by research firm Harris Insights…

  • By: Staff
  • January 30, 2019 September 13, 2019
  • 15:45
RRSP holdings on the rise, driven by millennial savers: study

RRSP holdings on the rise, driven by millennial savers: study

Despite market turmoil, Canadians are saving more in their registered retirement savings plans, led by strong growth among millennials, according to the Bank of Montreal’s annual RRSP…