Three years ago, the Alberta Pensions Services Corp. was facing a bitter fact. Though one of our key corporate goals is to begin paying benefits…
While Canadians’ increasing longevity has been a growing issue for pension plans and providers alike, its effect on quality of living can vary significantly across income…
The Common Good Retirement Initiative is seeking feedback on the design of a collective retirement plan for Canadian employees in the non-profit and charitable sector. The initiative,…
A new collective agreement for 6,500 health-care employees in Nova Scotia includes a new employee retention incentive and the option to take a payout from…
While retirement income security is top of mind for many Canadians, British Columbia’s public sector pension plans are noteworthy models that can be emulated by sponsors…
Improving the mental health of employees ranks ahead of physical health and wellness as a top priority for human resources leaders for 2019, according to a…
Mercer is acquiring the investment consulting, alternatives consulting and wealth management operations of Pavilion Financial Corp. Pavilion, a global investment services firm with about 300…
Nearly two-thirds (61 per cent) of older workers in the United States said they’ve experienced age discrimination in the workplace, according to a survey by the…
How do the following sound as headlines for the cover of Benefits Canada? Are they likely to make the cut any time soon? • “My…
Cashiers will often ask Canadian consumers if they’d like to donate to a charity as they pay for items at retail stores. But what about…
The Canadian Association of Pension Supervisory Authorities’ latest consultation is seeking feedback on amendments to its guideline No. 8 for defined contribution pension plans, focusing on considerations around…
The vast majority (91.8 per cent) of British Columbia’s government employees were covered by a registered pension plan in 2017, compared to just 17.7 per…
Many Canadians are challenged to overcome barriers to retirement planning, such as the perception that the process is too lengthy, complicated and overwhelming. But if…
The iA Financial Group is integrating its group savings and retirement plans into its mobile app. The added functionality aims to allow plan members to track…
Software company Thrive Savings Inc. is launching a financial wellness app for employers to help their employees with their savings goals. The app, which is available on…
There’s a significant gap between how much people are actually saving for retirement and how much they think they need to be putting away, according…
After a 38-year career, Jeff Aarssen is retiring from his role as senior-vice president of group customer sales at the Great-West Life Assurance Co. “Jeff…
Ken Eady understands the challenges a defined benefit pension plan can present for plan sponsors, particularly when they find themselves in financial difficulty. “Healthy companies…
Since 2011, Norway’s national pension provider has been calculating the life expectancy of those turning 61 as part of pension reforms introduced at that time.…
Bombardier Inc.’s 2,100 production and office workers operating in Toronto will see improvements to their pension and dental benefits, as well as the introduction of a retirement…
A new report from the C.D. Howe Institute is recommending a longer deferral period for the Canada Pension Plan and the Quebec Pension Plan, suggesting that…
Some 61 per cent of Ontarians said they have or anticipate having low liquid retirement assets, according to new research by the Canadian Institute of…
The upcoming enhancements to the Canada Pension Plan will increase Canadians’ total CPP benefits by about 44 per cent by 2070, according to a new report by…
The Canada Pension Plan (CPP) was designed in 1965 to replace 25 per cent of a person’s pensionable earnings in retirement, a figure that still…
Extending people’s working lives could provide a windfall of more than $4.6 trillion across Organisation for Economic Co-operation member countries, according to new report by PricewaterhouseCoopers.…