This month’s Head to head considers the merits of both defined benefit and defined contribution plans as the country’s pension landscape becomes an increasingly diverse patchwork.…
In November 2018, Niagara Casinos set up a pop-up coffee shop, called NC Café, across its three locations for a week. It was part of…
With companies finding themselves strapped for cash in the wake of the coronavirus, are plan sponsors scaling back on the company match in capital accumulation…
Pension plan stakeholders will see a continued evolution of both short- and long-term reform, with some significant developments expected in 2020. “Hopefully, Ontario will finalize…
A new report by the C.D. Howe Institute is recommending the federal government amend legislation to allow Canadians to buy life annuities within a tax-free savings account.…
Eight hundred unionized employees of Regina-based Co-op Refinery remain locked out after contract negotiations stalled. The refinery, which is part of Federated Co-operatives Ltd., locked out…
Heading into 2020 and beyond, the outlook for interest rates is impacting the federal government’s projected pension obligations and its budgetary balance. In its 2019 fall economic…
Two-thirds (65 per cent) of Canadian millennials said they worry if they buy a home and delay their savings, they won’t have enough for retirement,…
The majority (70 per cent) of U.S. employees said their top financial concern is saving enough money for retirement, according to a new survey by…
The Organisation for Economic Co-operation and Development is urging governments around the world to urgently reform their pension systems to ensure employees in temporary or part-time employment can…
French Prime Minister Edouard Philippe said the minimum retirement age will remain 62, but employees will have to work until 64 to receive a full…
The Manitoba government has proposed changes to the provincial Pension Benefits Act that will allow the creation of in-plan solvency reserve accounts for defined benefit…
As pension regulators move forward with legislation permitting annuity options for certain capital accumulation plans, the Canadian Life and Health Insurance Association is calling on…
The Alberta Court of Appeal has upheld a $267,017 award to a pensioner for negligent misrepresentation after the Alberta Pensions Services Corp. provided mistaken estimates…
In a new white paper, the Association of Canadian Pension Management is urging the federal government to reform the Income Tax Act rules for registered pension plans. In the ACPM’s…
It’s no surprise that FreshBooks takes its employees’ financial literacy seriously. The Toronto-based accounting software firm regularly holds lunch-and-learn workshops and hosts subject manner experts…
I think it’s fair to say that retirement security is top of mind for the majority of Canadians. And politicians are listening: it was constructive…
In the coming decade, the median retirement age could increase from 65 to 68, though the exact timing and extent of this rise can’t be…
Since the Teachers’ Retirement Allowance Fund, which is the defined benefit pension plan for public school teachers and other eligible employees in Manitoba, was introduced…
Millennials appear to understand how to use fixed income as part of investing for retirement better than older generations, according to a new survey by BNY…
Nearly half (47 per cent) of working Canadians believe there’s a serious risk they could outlive their retirement savings, according to Sun Life Financial’s latest…
While debt loads and plans for leaving an inheritance affect how quickly people spend their retirement savings, personality could also play a significant role, according…
The former chief executive officer of the organization that would administer a separate Alberta pension plan says the proposed switch from the Canada Pension Plan doesn’t…
Many Canadians are interested in learning more about how to manage their money as they make the transition to retirement, according to a new survey by…
Flexible working hours, paid sick leave and vacation could have a positive correlation with retirement savings levels, according to a new study. The research, led by Patricia…