Ken Eady understands the challenges a defined benefit pension plan can present for plan sponsors, particularly when they find themselves in financial difficulty. “Healthy companies…
Since 2011, Norway’s national pension provider has been calculating the life expectancy of those turning 61 as part of pension reforms introduced at that time.…
Bombardier Inc.’s 2,100 production and office workers operating in Toronto will see improvements to their pension and dental benefits, as well as the introduction of a retirement…
A new report from the C.D. Howe Institute is recommending a longer deferral period for the Canada Pension Plan and the Quebec Pension Plan, suggesting that…
Some 61 per cent of Ontarians said they have or anticipate having low liquid retirement assets, according to new research by the Canadian Institute of…
The upcoming enhancements to the Canada Pension Plan will increase Canadians’ total CPP benefits by about 44 per cent by 2070, according to a new report by…
The Canada Pension Plan (CPP) was designed in 1965 to replace 25 per cent of a person’s pensionable earnings in retirement, a figure that still…
Extending people’s working lives could provide a windfall of more than $4.6 trillion across Organisation for Economic Co-operation member countries, according to new report by PricewaterhouseCoopers.…
The reduction in government benefits (38 per cent), life expectancy (27 per cent) and volatility in financial markets (24 per cent) are the most frequently…
BFL Canada Consulting Services Inc. has appointed Jean-Daniel Côté as vice-president of retirement. Based in Montreal, Côté will play a senior consulting role for a range…
Retirement firm Common Wealth is part of a new effort aimed at creating a national, portable retirement plan for Canada’s non-profit sector. The goal of…
Almost a third (32 per cent) of Canadian millennials cited the lack of a pension plan as one of the concerns of working in the gig…
Some organizations are unique. Their employees are genuinely excited to be at work and an undercurrent of energy and vitality permeates the air. They’ve transformed the…
With the aging of Canada’s population, the move to defined contribution pension plans in the private sector and increases in life expectancy, the issue of…
iA Financial Group is rolling out its retirement website to all group and individual plan members. The website, which aims to help people prepare for…
Almost half (45 per cent) of Canadians are confident they’ll be able to maintain their standard of living in retirement to a life expectancy of 85,…
Despite his death earlier this year, Ikea founder Ingvar Kamprad’s influence lives on at the international furniture behemoth. The notoriously frugal Kamprad reportedly flew economy class,…
There has been a lot of talk about variable benefits from defined contribution pension plans recently. Ontario has changes in the works to allow them, while…
More than a quarter of generation Xers in Canada haven’t saved anything for retirement, a new survey from Franklin Templeton Investments Corp. has found. While…
Hub International Ltd. has acquired yet another benefits brokerage: Quebec-based Les Avantages Sociaux Delta Inc. Based in the Montreal area, Delta provides support and actuarial…
A suite of additional features planned for the Canada Pension Plan will mean an extra $900 million in costs by 2050, Canada’s chief actuary is…
More than three-quarters (78 per cent) of North American employees and retirees with pension plans said the availability of those benefits was a major factor in deciding…
A little bit of knowledge is a dangerous thing. That’s the point Bonnie-Jean MacDonald, senior research fellow at National Institute of Ageing at Ryerson University…
Most Canadian employers have yet to take action to prepare for the incoming changes to the Canada Pension Plan and Quebec Pension Plan, according to…
The first phase in implementing the Canada Pension Plan enhancement is looming large. Employee and employer contribution rates will start to increase in 2019 and…