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,…
The majority of Canadian capital accumulation plan members said they’re confident in their understanding of how to optimize their income in retirement, according to Benefits Canada‘s 2019 CAP Member…
Population aging is taking place throughout the Americas, with the elderly expected to grow faster than the overall population between 2018 and 2025, according to…
Nearly one-quarter of Americans said they never plan to retire, according to a poll from The Associated Press-NORC Center for Public Affairs Research that suggested a…
In preparing for retirement, women have to contend with the salary gap, barriers to career continuity and more limited access to employer-sponsored pension plans, making…
Hub International Ltd. is acquiring benefits and retirement consulting group BenefitLink Resource Group Edmonton Holdings Inc. The acquisition is part of Hub’s strategy to increase…
The pension industry has mixed feelings about the language used around retirement and whether it still reflects the needs of today’s workforce. “It’s always been…
While defined contribution plan members want to know they’ll have stable income through retirement with flexibility around accessing their funds, the Canadian market needs to evolve…