More than two-fifths (43 per cent) of U.S. defined contribution pension plan sponsors say their plan offers automatic escalation, up from 21 per cent in…
Employers can alleviate labour challenges by supporting older employees who want to continue working through training and opportunities, says Lisa Taylor, an associate fellow at…
U.S. workers forecast they’ll need an average $4,940 monthly income to enjoy a comfortable retirement, according to a new survey by Schroders. The survey, which…
I’m sitting down to write this on the hottest day so far in 2023. Environment Canada has issued a multi-day heat warning in my region…
In 2022, Xero sent out a global survey to all of its employees asking them to rank the most important components of its total rewards…
With Canadians’ financial priorities shifting alongside a turbulent economic climate, including inflation levels not seen in decades and a never-ending rise in the cost of…
The Association of Canadian Pension Management, the Canadian Life and Health Insurance Association and the Pension Investment Association of Canada say the Canadian Association of…
Capital accumulation plan member outcomes continued their march upward in the second quarter of 2023, driven by increasing annuity rates and positive equity market returns,…
Just over half (56 per cent) of Americans feel on track for retirement, an 11 per cent drop in confidence compared to 2022, according to…
Two-fifths (41 per cent) of U.S. employees are cashing out their 401(k) plan savings when they leave a job, with 85 per cent draining their…
Three-quarters (76 per cent) of U.K. employers think it’s important to retain employees over age 50, with almost a third (32 per cent) saying it’s…
While more than half (55 per cent) of U.S. generation X employees participate in an employer-sponsored retirement savings plan, nearly two-thirds of men (62 per…
Canadian employers say competition for talent (84 per cent) is the No. 1 issue influencing their benefits strategies, according to a new survey by WTW.…
The U.K. government is introducing legislation that aims to increase defined contribution pension plan savings by more than £1,000 a year in retirement for the…
The union representing employees at Montreal-based Canadian Aviation Electronics Ltd. has ratified a five-year agreement that includes retirement and benefits gains. The new agreement includes…
Predictions of the demise of defined benefit pension plans are premature. The reality is DB is still alive and well in the public sector, with…
Fidelity Canada is supporting the future financial well-being of young Canadians through a new video series hosted by the organization’s employees. The series, known as…
Two-fifths (41 per cent) of U.S. employees say future generations of retirees will be worse off than those currently in retirement, according to a new…
The concept of employee benefits was established on a foundation built decades ago, when employees worked full time and long term with one employer. Those…
The annual Benefits & Pension Summit, which was hosted virtually on June 1, is the only Benefits Canada event that brings together health benefits and capital accumulation…
High inflation and interest rates are having a real impact on people’s finances, according to Benefits Canada‘s 2023 CAP Member Survey, which found 76 per…
Since 2016, millennials have made up a larger share of the working population than baby boomers — and today, one in three Canadians of working…
An article on Toyota Motor Manufacturing Canada’s gender affirmation coverage was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular…
The Quebec Court of Appeal has ruled the province’s Bill 15, which substantially modified municipal sector pension plans, is unconstitutional with respect to retirees but…
Nearly half (47 per cent) of Canadian employees say they’re very worried about running out of money in retirement, according to a new survey by…