Using a Canada-model pension plan, employees would see $5.32 in retirement income for every dollar they contribute compared to the typical $1.70 resulting from an individual approach,…
The majority (84 per cent) of employees would be interested in obtaining financial education programming in the workplace, according to a survey by the Canadian Payroll Association. The…
These days, peace of mind is hard to come by, but the employers at the 2018 Workplace Benefits Awards roundtable centred their discussion around the…
Employer-provided financial wellness programs have a measurable affect on employees’ retirement readiness, according to a recent study by U.S.-based think-tank Financial Finesse Inc. When employees repeatedly engage…
Maximizing retirement income is the most important investment and retirement issue among Canadians aged 55 or older, according to a survey by BMO Wealth Management. A…
Niagara Casinos’ multi-pronged approach and leveraging of company resources to promote financial literacy among employees contributed to its award for financial wellness at Benefits Canada’s 2018 Workplace…
Measuring happiness has a role to play in determining the success of retirement solutions and their outcomes, according to a new global survey by State…
Tension between pension adequacy and sustainability is growing across the world, according to the annual Melbourne Mercer Global Pension Index. The Netherlands and Denmark have…
The average Canadian isn’t rational about money, according to a personal finance expert speaking at the 2018 Defined Contribution Investment Forum in Toronto in September.…
From a research perspective, very little is actually known about the post-retirement phase for defined contribution plan members, according to one expert. A lot of…
Even though many plan sponsors are moving away from defined benefit plans, many organizations still have a paternalistic culture and want to help guide their…
Take the free money. This is my regular mantra for employees in employer-sponsored retirement plans. But many employees don’t enrol in company-sponsored plans or don’t take the…
Seven major pension stakeholders are urging the federal government to make longevity risk-pooling arrangements available to Canadians. The group includes the Association of Canadian Pension…
The use of target-date funds is on the rise in Canada, with more members of capital accumulation plans being offered the investment option every year.…
The majority (84 per cent) of organizations in Canada’s non-profit sector said inconsistent revenue or funding is the biggest barrier to offering a pension plan,…
More than two-thirds (69 per cent) of Canadians would choose a new job with a group savings plan instead of staying at a current job without…
Indigo Books & Music Inc. is the first national employer to pilot the Great-West Life Assurance Co.’s student debt savings program. Employees in the program will…
The pension and retirement savings was once again the growth leader in the life and health insurance industry in 2017, according to the Canadian Life…
The idea that health, drug and retirement benefits draw in top executive talent is overly simplistic and worth delving into deeper, according to Jonathan Foster, vice-president…
Canadian plan sponsors aren’t satisfied with the retirement products available for capital accumulation plans and aren’t especially confident their members will have the income they…
Stress related to financial well-being has a major impact on the workforce, according to a new report by Arthur J. Gallagher and Co. With Canadians loaded down by…
Longer living Canadians should have the option of pure longevity insurance and the government should facilitate Canadian insurers’ ability to offer it, according to a new…
The escalating cost of drugs and benefits plans are among the top priorities for Canadian employers, according to a new survey by Aon. The survey, which polled nearly 200 Canadian plan sponsors…
Canada rose two spots to No. 9 among 43 countries in Natixis Investment Managers’ 2018 global retirement index. The modest rise in Canada’s ranking is…
Nearly half (46 per cent) of Canadian employees said financial stress is impacting their workplace performance, according to a new survey by the Canadian Payroll Association. The…