CPP: A good bang for the buck?
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…
- By: Curtis Davis, Advisor.ca
- June 20, 2018 September 13, 2019
- 14:17
Latest news in Retirement
Working longer could add $4.6 trillion to OECD economies: PwC
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.…
- By: Staff
- June 20, 2018 September 13, 2019
- 10:21
Government benefit cuts, longevity among global trends affecting retirement readiness
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…
- By: Staff
- June 6, 2018 September 13, 2019
- 08:30
Jean-Daniel Côté named BFL Canada VP of retirement
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…
- By: Staff
- June 4, 2018 September 13, 2019
- 15:00
National retirement program for non-profit sector in the works
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…
- By: Staff
- May 31, 2018 September 13, 2019
- 10:11
Surveys show pension concerns for both Canadian millennials, seniors
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…
- By: Staff
- May 29, 2018 September 13, 2019
- 16:00
Creating a thriving workplace with data, personalized employee benefits
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…
- May 29, 2018 September 13, 2019
- 10:00
Are tontines a solution to Canada’s decumulation challenges?
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…
- May 21, 2018 September 13, 2019
- 11:38
iA Financial Group rolls out retirement website to all plan members
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…
- By: Staff
- May 16, 2018 September 13, 2019
- 09:37
Canadians’ retirement confidence drops as life expectancy rises
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,…
- By: Staff
- May 15, 2018 September 13, 2019
- 09:00
Keeping it simple: IKEA’s DPSP reinforces founder’s values
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,…
- By: Michael McKiernan
- May 11, 2018 July 15, 2021
- 08:59
The shifting landscape for variable benefits from DC plans
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…
- By: Jennifer Paterson
- May 11, 2018 March 17, 2021
- 08:57
28% of Canadian gen-Xers have no retirement savings, survey finds
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…
- By: Staff
- May 10, 2018 September 13, 2019
- 10:39
Hub International acquires Quebec benefits brokerage
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…
- By: Staff
- May 7, 2018 September 13, 2019
- 10:05
Latest CPP additions to cost $900 million by 2050: chief actuary
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…
- By: Staff
- May 3, 2018 September 13, 2019
- 08:30
Pension benefits major factor in accepting a job: survey
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…
- By: Staff
- April 19, 2018 September 13, 2019
- 11:24
Why a little bit of retirement planning knowledge can be a dangerous thing
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…
- By: Martha Porado
- April 19, 2018 September 13, 2019
- 08:30
Just 17% of employers starting plans for CPP, QPP changes
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…
- By: Staff
- April 18, 2018 September 13, 2019
- 09:45
Why aren’t Canada’s public sector pension plans integrating enhanced CPP?
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…
- By: Fred Vettese
- April 17, 2018 September 13, 2019
- 08:15
Editorial: An interesting tax mechanism to boost DC outcomes
At Benefits Canada’s Defined Contribution Plan Summit in Montreal in February, member engagement and communication were a clear focus of many of the presentations. Case…
- By: Glenn Kauth
- April 13, 2018 March 17, 2021
- 09:00
Plan sponsor tools for closing the pension generation gap
When it comes to the difficult issue of equity in pension plans, Quebec has been at the forefront recently with its plan to table a…
- By: Jennifer Paterson
- April 13, 2018 March 17, 2021
- 08:58
2018 DC Plan Summit: Action steps to better outcomes
From governance to engagement, plan sponsors are looking for solutions to improve their defined contribution pension plans. What tools are available to plan sponsors to…
- By: Peter Diekmeyer
- April 13, 2018 March 17, 2021
- 08:50
Leveraging emotions to boost member outcomes
With emotions often preventing people from acting in their own interest, nudges that lever behavioural finance theory to account for them can generate better retirement…
- By: Peter Diekmeyer
- April 13, 2018 September 13, 2019
- 08:49
DC Plan Summit: A look at the attitudes of DC members around the world
With defined contribution pension plans at various stages of evolution around the world, how are plan members faring in different countries? At Benefits Canada’s Defined…
- By: Peter Diekmeyer
- April 13, 2018 September 13, 2019
- 08:48
DC Plan Summit: Company harnesses inertia to get majority of workers to 75% income replacement
When Searles Valley Minerals Inc. upgraded its pension plan offerings, the situation appeared complicated. The average age of the 761 plan participants at the Kansas-based…
- By: Peter Diekmeyer
- April 13, 2018 September 13, 2019
- 08:47