The Ontario Medical Association is partnering with Common Wealth to offer its physician members and their spouses access to a retirement plan. The Advantages Retirement Plan,…
Canada has risen one spot, to No. 8, on a list of the countries that provide the best retirement security. The annual list, from Natixis Investment Managers,…
With the federal election about a month away, Canada’s political parties are rolling out their election platforms, making a host of promises to improve health care, employment…
As a solution to employee inertia, many plan sponsors with defined contribution arrangements are looking at setting automatic features as their plan’s default option. When…
Hub International Ltd. is acquiring Mississauga, Ont.-based employee benefits consulting firm GMS Insurance Inc. Last year, the global insurance brokerage acquired GMS’s Kitchener, Ont. operations.…
One in three (30 per cent) U.S. defined contribution plan sponsors have adopted a solution to deal with plan members’ need for a lifetime income,…
Canadian insurers paid out $98 billion in benefits in 2018, an increase of seven per cent over 2017, according to the Canadian Life and Health…
Capital Group has appointed Rick Headrick as president of its business in Canada. With more than 20 years of industry experience, he was most recently the president…
Defined contribution plan sponsors have to stay aware of plan design developments to improve their benefits offerings for their specific workforces, according to a new report by Callan.…
With the private sector’s move from defined benefit to defined contribution pension plans and rising life expectancies, the issue of retirement decumulation is increasing in…
A new report looking at four U.S. states that moved new employees from defined benefit to defined contribution or cash balance pension plans found the changes…
Compared to the preceding years, 2019 appears to be the year of steady when it comes to progress on hot topics that resonated in the…
The complexities of income tax at retirement can come as a shock to pensioners, but most plan sponsors are providing limited assistance in helping their…
Lululemon Athletica Inc.’s benefits program manager discusses engaging young employees with retirement savings, yoga benefits and riding his motorcycle to Whistler. Q. What top challenges do…
The Federal Court of Appeal has dismissed a legal challenge by former Air Canada pilots who claimed the company was wrong to force some to retire at age…
Schroders Investment Management Ltd. is naming Michelle Skelly as its new head of Canada. Skelly joined Schroders in 2007 and has served as institutional sales…
The union hoping to represent Foodora Inc.’s Toronto couriers has filed an unfair labour practice complaint with the Ontario Labour Relations Board, alleging the company…
Three-quarters (74 per cent) of employees said financial benefits, such as savings tools, offered by their employer at the time of a pay raise would…
Mercer Canada has appointed Bernard Mercier as partner and wealth business leader for its Vancouver division. In the new role, he’ll be responsible for service…
As of 2018, there was one Canadian worker over the age of 55 for every worker between the ages of 25 and 34, according to…
Globally, the majority (85 per cent) of employees want help with their pension and retirement planning, according to a new survey by Accenture. The report,…
Canadian boomers age 50 and up are concerned they haven’t saved enough for retirement, according to a new survey by the Royal Bank of Canada. It found the savings…
Support staff for the Prairie South School Division in Moose Jaw, Sask. have voted overwhelmingly in favour of job action, up to a full withdrawal of services, when the…
Inflation must be taken into account when designing both plan sponsor and government retirement programs because, over time, it will undermine purchasing power. In terms…
Mercer and Wealthsimple Inc. are teaming up to create a digital saving and investing platform for Canadian employees. Mercer Invest Wise, which is a voluntary savings tool,…