Canada’s governments should consider updating the current retirement age to match the reality of today’s workforce, according to a new report by the Canadian Institute of…
During a packed schedule at Benefits Canada’s 2019 Defined Contribution Plan Summit in Banff, Alta., on Feb. 6-8, DC plan sponsors heard about the solutions…
What makes people dishonest? And how can employers understand employees’ decision-making processes to curb dishonest actions? People are good at being creative and rationalizing why…
As millennials look to their employers to integrate their career, education and leisure, this creates challenges for the pension industry, said Erica Hall, assistant vice-president…
In a challenging market environment, it’s important to focus on making the most of worst-case scenarios, said Ed Studd, solutions manager for U.S. portfolio solutions…
When it comes to retirement, it’s key to focus on the journey, not just getting there, said Jean-Pascal Plamondon, national director of client relationship and…
While a lot of attention has been paid to “the front end of pension plans,” there hasn’t been enough focus on how that translates into…
In determining which savings options to offer employees, a key component is understanding the workforce and its goals, as well as communicating the offering in…
While user experience is a major focus in the technology world, it’s time to start looking at retirement from the end-user experience as well, said…
In the face of a challenging capital market and its subsequent volatility, defined contribution plan sponsors must consider the affect on plan member behaviour, said Colin…
With different generations in the workplace requiring personalized approaches, the pension industry is reimagining traditional savings plans, said Brady Aarssen, assistant vice-president of business development…
While the pension industry has traditionally spent a lot of time focusing on active management and its impact, the right result is driven by strategic…
Looking at the role of plan design in driving member outcomes, it comes down to data and experience, according to Margaret Rux, principal and department…
Defined contribution plan sponsors should consider Canada’s public pension system when designing their plans, according to a panel comparing the Canadian system to the ones…
Simplifying DC plan enrolment should begin by eliminating the “tyranny of choice,” making it easier for plan members to just get started, according to Tom…
As the retirement savings environment evolves, the pension industry must be aware of the changes to move with them, said Zaheed Jiwani, principal at Eckler…
Employers could play a role in encouraging low-income Canadians to save more for retirement by offering group tax-free savings accounts, according to a report by the…
Workers over the age of 55 could make up more than a quarter of Canada’s labour force by 2036, according to new labour force predictions…
The Association of Canadian Pension Management has mixed feelings about the federal government’s proposed methods for enhancing retirement security in the wake of the high-profile Sears Canada…
Employees at Glencore Canada’s Brunswick Smelter operation are considering striking over what their union is calling “never-ending” concession demands from the company on pensions and…
In its 2019 budget on Tuesday, the federal government announced a number of proposals regarding pension protections, off the back of recent high-profile corporate bankruptcies that have thrown…
If there’s one thing Canada’s pension industry can agree on, it’s the work that needs to be done around defined contribution pension plans. In February,…
Despite changing demographics and rising health-care costs, it’s uncommon for employers to include retirees in their pension and benefits governance. However, the University of Waterloo…
Stress hurts, and it’s not just about mental and emotional health strain, it’s also about financial stress, according to a workforce well-being survey by Buck Consultants.…
As longevity increases around the world, the solution of simply working longer is especially troublesome for workers with physically demanding jobs, according to the latest Aegon…