Most financial professionals — not to mention the government — are still working through the changes announced in the 2016 federal budget, but the Investment…
The Canadian Life and Health Insurance Association is introducing a new online resource for people nearing retirement. The association launched Retiring Soon? this week after its financial literacy committee noted…
Robert De Niro may have changed the way Sun Life Financial Inc. looks at its intern program. “One rainy day a few months ago, I…
Do you agree with Ontario spending $70 million on the now-abandoned Ontario Retirement Pension Plan? Last week, the provincial government released the costs for the…
Employers should start reviewing their current retirement plans to prepare for the 2019 expansion of the Canada Pension Plan, according to a Willis Towers Watson…
More and more employers are worried about their staff members’ financial health, according to a Willis Towers Watson survey. Among the 122 Canadian employers polled, 58…
Canada ranks 10th in a list of countries that provide the best retirement security, according to the latest global retirement index published today by Natixis…
The expanded Canadian Pension Plan will bring only a slightly higher rate of return for retirees — 2.5 per cent in the expanded plan compared…
Nearly half (48 per cent) of working-age Canadians are not saving for retirement, according to a global report by HSBC. The report, which surveyed more…
Starbucks is launching an online health benefits platform, doubling its annual stock award program and raising base pay by at least five per cent for…
The average income for American women age 65 and older is 25 per cent lower than for American men in the same age group, according…
The growth in life expectancy for beneficiaries of Canada’s old age security program declined slightly in recent years in comparison to the rates of the…
Seventy-seven per cent of Canadian employees would leave their jobs for better retirement support, according to new research by ADP Canada. The survey, which polled…
Manitoba has proposed a series of enhancements to the Canada Pension Plan agreement that it believes would make the CPP “more responsive to the realities…
The Association of Canadian Pension Management has submitted a letter to the Canada Revenue Agency asking for help to locate missing pension plan members. Specifically,…
Critics say premium increases will hurt businesses, paycheques and the economy. Proponents say Canada Pension Plan enhancement will provide a needed and affordable boost to…
Expanding the working income tax benefit to offset increased Canada Pension Plan premiums for low-income workers will cost the federal government $250 million per year,…
American men outpace women when it comes to retirement readiness, a study by Aon Hewitt study found. As a result, they’ll be able to retire…
The focus on financial literacy took an upswing in 2014 when Canada’s first financial literacy leader, Jane Rooney, met with stakeholders and held consultations across…
Ottawa has reached an agreement in principle with most of the provinces to expand the Canada Pension Plan for the first time in nearly 20…
For all of the talk of a looming pension crisis in Canada, a strong majority of current retirees feel positively about their post-work life. According…
The pension industry has seen a number of issues disrupt the group retirement market recently. They include low interest rates, financial crashes, the switch to…
A briefing book prepared last fall for incoming Finance Minister Bill Morneau warns that Canada’s spending on public pensions is dramatically lower than many other…
Automatically raising workplace pension contributions in tandem with the cost of living is unnecessary because Canadian retirees spend less money once they reach age 70,…
Many working Canadians aged 50 and older are overly confident about their level of retirement preparation, a new study from Morneau Shepell has found. Their…