Latest news in Retirement

Using behavioural insights to tackle the integrity conundrum

Using behavioural insights to tackle the integrity conundrum

What makes people dishonest? And how can employers understand employees’ decision-making processes to curb dishonest actions? People are good at being creative and rationalizing why…

Personalization key to younger DC plan member engagement

Personalization key to younger DC plan member engagement

As millennials look to their employers to integrate their career, education and leisure, this creates challenges for the pension industry, said Erica Hall, assistant vice-president…

How DC plans can make the best of worst-case situations

How DC plans can make the best of worst-case situations

In a challenging market environment, it’s important to focus on making the most of worst-case scenarios, said Ed Studd, solutions manager for U.S. portfolio solutions…

Redefining the traditional retirement journey

Redefining the traditional retirement journey

When it comes to retirement, it’s key to focus on the journey, not just getting there, said Jean-Pascal Plamondon, national director of client relationship and…

DC pension industry must shift focus to adequate retirement income

DC pension industry must shift focus to adequate retirement income

While a lot of attention has been paid to “the front end of pension plans,” there hasn’t been enough focus on how that translates into…

Plan sponsor panel: Customizing plan design, communication key for DC members

Plan sponsor panel: Customizing plan design, communication key for DC members

In determining which savings options to offer employees, a key component is understanding the workforce and its goals, as well as communicating the offering in…

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