Latest news in Retirement

Employers have role in mitigating impact of financial stress: report

Employers have role in mitigating impact of financial stress: report

Stress related to financial well-being has a major impact on the workforce, according to a new report by Arthur J. Gallagher and Co. With Canadians loaded down by…

  • By: Staff
  • September 18, 2018 September 13, 2019
  • 16:00
Longer living Canadians need option of standalone longevity insurance: report

Longer living Canadians need option of standalone longevity insurance: report

Longer living Canadians should have the option of pure longevity insurance and the government should facilitate Canadian insurers’ ability to offer it, according to a new…

  • By: Staff
  • September 18, 2018 September 13, 2019
  • 10:28
Rising cost of drugs, benefits plans top priorities for employers: survey

Rising cost of drugs, benefits plans top priorities for employers: survey

The escalating cost of drugs and benefits plans are among the top priorities for Canadian employers, according to a new survey by Aon. The survey, which polled nearly 200 Canadian plan sponsors…

  • By: Staff
  • September 7, 2018 September 13, 2019
  • 09:15
Canada rises two spots in global retirement index: report

Canada rises two spots in global retirement index: report

Canada rose two spots to No. 9 among 43 countries in Natixis Investment Managers’ 2018 global retirement index. The modest rise in Canada’s ranking is…

Half of Canadians say financial stress is affecting workplace performance: survey

Half of Canadians say financial stress is affecting workplace performance: survey

Nearly half (46 per cent) of Canadian employees said financial stress is impacting their workplace performance, according to a new survey by the Canadian Payroll Association. The…

  • By: Staff
  • September 5, 2018 September 13, 2019
  • 15:30
Employers more confident than staff about prospect of comfortable retirement: survey

Employers more confident than staff about prospect of comfortable retirement: survey

While 71 per cent of American employers said they’re confident their employees will have a financially secure retirement, just 62 per cent of employees said the same,…

  • By: Staff
  • August 27, 2018 September 13, 2019
  • 16:45
Sounding Board: How the APS Corp. uses analytics for more efficient pension services

Sounding Board: How the APS Corp. uses analytics for more efficient pension services

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…

How are retirement solutions affected by wealthier Canadians living longer?

How are retirement solutions affected by wealthier Canadians living longer?

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…

  • By: Staff
  • August 24, 2018 September 13, 2019
  • 09:00
Retirement program for non-profit sector seeking feedback on plan design

Retirement program for non-profit sector seeking feedback on plan design

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,…

  • By: Staff
  • August 23, 2018 September 13, 2019
  • 15:00
New agreement for N.S. health-care workers includes retention incentive, retirement allowance

New agreement for N.S. health-care workers includes retention incentive, retirement allowance

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…

Governance lessons from B.C.’s public sector pension plans

Governance lessons from B.C.’s public sector pension plans

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…

  • August 15, 2018 September 13, 2019
  • 08:00
Improving employee mental health among top HR priorities for 2019

Improving employee mental health among top HR priorities for 2019

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…

  • By: Staff
  • August 14, 2018 September 13, 2019
  • 10:09
Mercer to acquire Pavilion’s investment consulting business

Mercer to acquire Pavilion’s investment consulting business

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…

  • By: Staff
  • August 14, 2018 September 13, 2019
  • 09:38
61% of older U.S. workers have faced age discrimination: survey

61% of older U.S. workers have faced age discrimination: survey

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…

  • By: Staff
  • August 13, 2018 September 13, 2019
  • 15:30
Editorial: Creative covers, a prognosis for the future and a note of thanks

Editorial: Creative covers, a prognosis for the future and a note of thanks

How do the following sound as headlines for the cover of Benefits Canada? Are they likely to make the cut any time soon? • “My…

Savings incentives at 7-Eleven among ways to boost Mexico’s retirement outcomes

Savings incentives at 7-Eleven among ways to boost Mexico’s retirement outcomes

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…

CAPSA consulting on variable benefits, fee disclosure in DC plans

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…

  • By: Staff
  • August 7, 2018 September 13, 2019
  • 09:00
Report shows pension gap between B.C.’s government, private workers

Report shows pension gap between B.C.’s government, private workers

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…

  • By: Staff
  • July 30, 2018 September 13, 2019
  • 16:00
OSC publishes report on removing barriers to retirement planning

OSC publishes report on removing barriers to retirement planning

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…

iA Financial Group integrates group savings, retirement plans into app

iA Financial Group integrates group savings, retirement plans into app

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…

  • By: Staff
  • July 24, 2018 September 13, 2019
  • 09:58
Thrive Savings rolls out workplace financial wellness app

Thrive Savings rolls out workplace financial wellness app

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…

  • By: Staff
  • July 11, 2018 September 13, 2019
  • 16:00
Survey finds global gap in savings rates, contributions needed for retirement

Survey finds global gap in savings rates, contributions needed for retirement

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…

  • By: Staff
  • July 6, 2018 September 13, 2019
  • 09:15
Great-West Life’s Jeff Aarssen to retire

Great-West Life’s Jeff Aarssen to retire

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…

  • By: Staff
  • July 3, 2018 September 13, 2019
  • 10:33
Top 100 Pension Funds: How best to ensure pensioners get their dues?

Top 100 Pension Funds: How best to ensure pensioners get their dues?

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…

How Norway tackled pension sustainability

How Norway tackled pension sustainability

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.…