Latest news in Retirement

DC Plan Summit: Leveraging glide paths to foster resilient asset allocation

DC Plan Summit: Leveraging glide paths to foster resilient asset allocation

While managers of target-date funds have benefited from strong tailwinds in recent years, how can they manage the current environment of uncertainty? Ruthann Pritchard, an…

DC Plan Summit: Direct managers key to helping Coca-Cola manage DB/DC transition

DC Plan Summit: Direct managers key to helping Coca-Cola manage DB/DC transition

Transitioning to a defined contribution plan from a defined benefit arrangement is hard enough during the best of times. But when the organization is a…

DC Plan Summit: The long journey to better retirement outcomes

DC Plan Summit: The long journey to better retirement outcomes

While saving for retirement is an incredibly long journey, visualizing the entire process is a great way to get to better outcomes, according to Neil…

DC Plan Summit: Actionable next steps for plan sponsors

DC Plan Summit: Actionable next steps for plan sponsors

Participants at Benefits Canada’s Defined Contribution Plan Summit spent two days listening to a large roster of speakers offer up solutions on everything from communication tips…

DC Plan Summit: Balancing a human and digital approach to plan member experiences

DC Plan Summit: Balancing a human and digital approach to plan member experiences

Moderators: Nadia Darwish, vice-president of development, marketing and investment strategy; and Karrina Dusablon, vice-president of business development, client relationship and member experience, at Desjardins Insurance…

DC Plan Summit: Delivering better outcomes by getting to know plan members better

DC Plan Summit: Delivering better outcomes by getting to know plan members better

Moderators: Christine van Staden, regional vice-president, group customer; and George Ng, senior account executive, group customer, at Great-West Life Assurance Co. Canada is an increasingly…

DC Plan Summit: Why financial education isn’t enough to change employee behaviour

DC Plan Summit: Why financial education isn’t enough to change employee behaviour

Moderators: Erica Hall, assistant vice-president for client relations, group retirement solutions; and Sharon Seifried, national vice-president for corporate accounts, group retirement solutions, at Manulife Financial…

DC Plan Summit: Is plan sponsor inertia a thing?

DC Plan Summit: Is plan sponsor inertia a thing?

Moderators: Mazen Shakeel, vice-president of market development, group retirement services; and Jean-François Pelletier, regional vice-president for group retirement services, Quebec, at Sun Life Financial The…

Four steps to building a successful financial wellness program

Four steps to building a successful financial wellness program

With studies showing high levels of employee stress about their finances that’s translating into lost productivity, absenteeism or health issues, the time is right for financial wellness…

  • April 2, 2018 September 13, 2019
  • 14:17

Learn about improving millennials’ financial literacy at the Benefits and Pension Summit

With studies suggesting some gaps in financial literacy among millennials, a panel at the 2018 Benefits and Pension Summit will tackle ways of educating and reaching younger plan members.…

Learn about the benefits of a multi-employer DC plan at 2018 Benefits and Pension Summit

The Co-operative Superannuation Society pension plan is one of Canada’s largest defined contribution plans, growing from its Saskatchewan roots in 1939 to include some 351 employers from across the…

The pension industry’s wish list for tax reform

The pension industry’s wish list for tax reform

Over the past 25 years, Canada’s retirement system has evolved significantly through new funding frameworks and federal and provincial reforms to facilitate innovation in plan…

The benefits of helping employees set a retirement budget

In order to understand how much to save, the starting point should be determining a retirement budget. Not only will such an exercise help employees…

Majority of women face challenges around finance, investments

Majority of women face challenges around finance, investments

The majority (86 per cent) of Canadian women have at least one challenge when it comes to finances and investment, according to a new survey…

Half of U.S. employees unsatisfied with benefits offering: survey

Half of U.S. employees unsatisfied with benefits offering: survey

More than three-quarters (78 per cent) of American employers believe their employees are satisfied with the current benefits offering, but just 52 per cent of employees…

  • By: Staff
  • March 6, 2018 September 13, 2019
  • 16:00
Three tips for improving employees’ pension literacy

Three tips for improving employees’ pension literacy

Retirement income adequacy is a growing concern as more companies shift from defined benefit to defined contribution pension plans, average lifespans increase and coverage in the private sector…

  • March 5, 2018 September 13, 2019
  • 16:30
Younger employees lead uptake of EY’s new online retirement tool

Younger employees lead uptake of EY’s new online retirement tool

Ernst & Young has introduced an online retirement modelling tool to help employees prepare for life after work. Since its launch at the end of January,…

Many CAP sponsors considering financial advice services for employees: survey

Many CAP sponsors considering financial advice services for employees: survey

While 84 per cent of employers with capital accumulation plans didn’t intend to make any changes in 2017, many anticipated increasing their provision of financial advice services after…

  • By: Staff
  • March 1, 2018 September 13, 2019
  • 16:00
Gender inequality in the workplace, retirement addressed in budget

Gender inequality in the workplace, retirement addressed in budget

While the government didn’t denote any dollar amount to support its efforts to promote gender pay equity, the 2018 federal budget did state that legislation would be forthcoming to…

Expand CPP replacement rate, create universal pharmacare, urges alternative federal budget

Expand CPP replacement rate, create universal pharmacare, urges alternative federal budget

Expand the Canada Pension Plan replacement rate to 50 per cent of earnings. Cap annual contributions to registered retirement savings plans at $22,000. Establish a public…

  • By: Staff
  • February 22, 2018 September 13, 2019
  • 16:56
New group formed to oppose guideline on advisor compensation disclosure

New group formed to oppose guideline on advisor compensation disclosure

A new group has emerged to oppose the Canadian Life and Health Insurance Association’s new guideline around disclosing compensation paid to intermediaries in group benefits…

  • By: Ryan Murphy
  • February 21, 2018 September 13, 2019
  • 10:26
Total RRSP contributions rise as number of contributors declines slightly

Total RRSP contributions rise as number of contributors declines slightly

Despite a rise in total contributions to registered retirement savings plans in 2016, the total number of contributors was down slightly, according to the latest census…

  • By: Staff
  • February 20, 2018 September 13, 2019
  • 10:10
Hub International acquires B.C.-based pension, benefits firm

Hub International acquires B.C.-based pension, benefits firm

Hub International Ltd. has acquired a British Columbia-based pension and benefits consulting firm. On Friday, Chicago-based Hub International announced it had acquired the shares of…

  • By: Staff
  • February 20, 2018 September 13, 2019
  • 09:49
Life expectancy increases for OAS recipients showing signs of slowing down

Life expectancy increases for OAS recipients showing signs of slowing down

Life expectancy has risen continually since 2000 for both male and female old-age security beneficiaries, according to a new fact sheet from the Office of the…

  • By: Staff
  • February 20, 2018 September 13, 2019
  • 08:15
Fewer than half of Canadians investing in RRSPs, TFSAs

Fewer than half of Canadians investing in RRSPs, TFSAs

Fewer than half (41 per cent) of Canadians are putting money in an investment vehicle such as a registered retirement savings plan or a tax-free savings account, according…

  • By: Staff
  • February 15, 2018 September 13, 2019
  • 16:20