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…
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…
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…
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…
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…
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…
The Association of Canadian Pension Management is calling on the federal government to take caution in creating any new significant disincentives “that would push more corporations…
The final quarter of 2018 was choppy for pension managers’ pooled funds as they posted a median return of negative 5.6 per cent, contributing to the…
Great-West Lifeco Inc. has signed a deal to sell its U.S. annuity and individual life insurance businesses to a subsidiary of Protective Life Corp. for…
Since plan administrators and sponsors aren’t generally pension or group retirement specialists, they depend on information from consultants and record keepers to determine the choices they’re…
Fewer U.S. employees are reporting their employers are offering benefits, according to a new survey by the Employee Benefit Research Institute and Greenwald & Associates.…
The Pension Investment Association of Canada isn’t supportive of providing a super-priority for unfunded pension liabilities and other post-retirement benefits in an insolvency situation. “While we…
The gig economy has changed many Canadians’ ability to manage their finances and plan for retirement, according to a new survey by TD Canada Trust. The survey…
Any modifications to federal pension legislation should encourage plan sponsors to continue offering defined benefit pension plans, while helping them fulfil their pension promises to plan members,…
More than a third of Canadians aren’t confident they’ll reach their financial goal for retirement, according to a new survey by the Royal Bank of Canada. The…
Half of working-age Canadian women are worried they won’t have enough money to cover care and medical expenses once they retire, according to a new…
Just six per cent of Canadians cited saving for retirement as a financial priority in 2019, according to a new survey by CIBC. Paying down…
Readers were focused on the Canada Pension Plan and old-age security in 2018, with the top three most read stories tackling those topics. Benefits Canada rounds…
As the traditional workforce evolves and the era of the 25-year career with a single company comes to an end, the contract employee is likely…
More Canadians aged 60 and over are staying in the workforce, with 80 per cent in that age group reporting work as their primary activity,…
General Motors of Canada Co. is working to set up jobs and training programs for employees who will be put out of work when it…
Almost half (49 per cent) of U.S. employers are concerned that employees delaying their retirements will increase benefits costs, according to a new survey by Willis Towers Watson. The survey,…
Canadians look forward to retirement, but for many, it’s only at the back of their minds, something that will happen eventually and, increasingly, not at…
Mercer has completed the previously announced acquisition of Pavilion Financial Corp.’s investment consulting, alternatives consulting and wealth management operations. “We’re thrilled to be welcoming Pavilion…
While Canadians aged 18 to 34 are the most likely age group to believe their standard of living will increase in retirement, they’re also the least…