KPMG LLP has run its first series of retirement education sessions through in-person workshops, one-on-one meetings and a version on Skype for employees at its…
Sun Life Assurance Co. of Canada is introducing what it says is a “great bridge to decumulation” by launching new target-date funds that focus defined contribution pension…
When it comes to investing for retirement, do plan members benefit more from having target-date funds that come with a standard formula or funds that…
Public sector pensioners don’t necessarily live longer than private sector ones, a new study by Club Vita Canada Inc. has found. In its inaugural longevity…
Over the next decade, employers will have to create workplace programs that recognize employees’ careers beyond retirement, speakers on a panel at an event in…
While today marks the one-year anniversary of Ottawa reaching an agreement with most of the provinces to expand the Canada Pension Plan, the future of…
The average retirement savings of women in the United States is one-third lower than the savings of their male counterparts, according to a new study…
Labour market participation has fallen to a 17-year low as fewer working-aged Canadians are participating in the workforce, a new study from Statistics Canada has…
It’s never easy telling employees their pension benefits are getting worse, whether that’s because of a merger, a sale or simply a cost-savings measure. But when…
The Royal Canadian Mounted Police pension plan doesn’t discriminate against women, a federal judge has ruled. Allison Pilgrim, Joanne Fraser and Colleen Fox all joined the…
Nearly a third (32 per cent) of Canadians don’t believe government benefits will still be available when they retire, according to new research by Natixis…
While the revitalized United States economy and strong financial markets are part of the story, the biggest factors affecting American employees’ financial optimism are tied…
One-fifth (21 per cent) of working age Canadians believe public pensions will no longer exist when they reach retirement, according to a new report by…
By 2050, the six countries with the world’s largest pension systems will have a combined funding gap of $224 trillion largely due to demographic trends,…
I’ve often said that Canada’s three-pillar retirement income system serves today’s seniors rather well, especially those who used to have lower working income. The system…
Girls are “made of sugar and spice and everything nice — and gunpowder and Cubans and bourbon, no ice.” So sang Columbia Business School students…
From 2011-16, as the first baby boomers turned 65, Canada saw its senior population increase by 20 per cent, newly released census data from Statistics Canada shows.…
The Ontario government is moving to allow for variable benefits from defined contribution pension plans, according to the 2017 budget tabled yesterday. “I think it’s…
The British Columbia Court of Appeal has overturned a ruling that gave a copper mine employee an 18-month severance package upon retirement. At trial last year, the…
Canada should consider raising the age of eligibility for public pension benefits in order to persuade more seniors to keep working, argues a new report…
The Public Employees Benefits Agency, which administers the pension plan for public sector employees in Saskatchewan, has been looking at how to support members around…
Unlike the promise by defined benefit plans of a stream of income during retirement, their defined contribution counterparts focus more on the accumulation of assets.…
Defined contribution pension plans in Canada are maturing quickly and becoming more sophisticated. Contributions and plan assets continue to grow, investment options are evolving and…
The pension and benefits industry often talks about flexibility and customization of plans, but how many companies are actually changing their offerings to introduce those…
While many defined contribution pension plan members have similar objectives around retirement readiness, each person’s journey to reach the goal will be different. During his…