Retirement Page 8

Top Stories in Retirement

University Pension Plan launches multi-employer DB pension plan

The University Pension Plan is launching its jointly sponsored pension plan, providing management services to the Queen’s University, the University of Guelph and the University…

  • By: Staff
  • July 2, 2021 July 2, 2021
  • 09:00
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East coast companies among early adopters of new retirement savings platform

Two East coast companies are among the early adopters of a retirement savings platform for employers in the not-for-profit sector. Prince Edward Island Family Violence…

Millennials, gen-Xers hit hardest financially during pandemic: survey

The coronavirus pandemic is financially impacting generation Z, millennials, generation X and baby boomers differently. Canadians from the millennial (22 per cent) and gen-X (25…

  • By: Staff
  • June 24, 2021 June 24, 2021
  • 09:00

Majority of Canadian workers willing to take less pay for a workplace pension plan: survey

A majority (70 per cent) of Canadians say they’re willing to forgo a higher salary in exchange for a workplace pension plan, according to a…

Copyright_Olga Yastremska_123RF

Pride Month: CN Rail dispute ‘catalyst’ for same-sex pension plan policy reviews

While a recent dispute between the Canadian National Railway Co. and the surviving same-sex partner of a deceased plan member will likely inspire other plan…

Americans still saving via DC plans despite pandemic-fuelled uncertainty: report

Despite the uncertainty wrought by the coronavirus pandemic, Americans are continuing to save for retirement through defined contribution pension plans, according to new data from…

  • By: Staff
  • June 16, 2021 June 16, 2021
  • 15:00
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Indigenous, racialized seniors have less retirement security: report

Indigenous and racialized seniors have less retirement security and higher poverty rates than white seniors in Canada, according to a new report by the Canadian…

Copyright_Olga Yastremska _123RF

Nova Scotia providing residents with early access to retirement savings

Nova Scotia is allowing residents to apply directly to their financial institution to access their retirement savings when facing financial challenges. Under amendments to provincial…

  • By: Staff
  • June 15, 2021 June 16, 2021
  • 09:00
Copyright_Simon Greig_123RF

Aon selling U.S. retirement assets on road to Willis Towers Watson merger

Aon is selling its U.S. retirement business to Aquiline Capital Partners and its retiree health exchange business to Alight Solutions for a total of US$1.4…

  • By: Staff
  • June 8, 2021 June 8, 2021
  • 09:00
Copyright_Andrii Yalanskyi_123RF

New longevity pension fund offers decumulation option for plan sponsors

Purpose Investments Inc. is introducing a new longevity pension fund, which invests 50 per cent in equities and 50 per cent in fixed income. It…

Canadians becoming more optimistic about finances, retirement savings: survey

Canadians are becoming more confident about their financial situations and are setting more personal financial goals, according to a new survey by BMO Financial Group.…

  • By: Staff
  • May 19, 2021 May 19, 2021
  • 15:00
2018 CAP Suppliers Report: How to help contract workers save for retirement

2018 CAP Suppliers Report: How to help contract workers save for retirement

As the traditional workforce evolves and the era of the 25-year career with a single company comes to an end, the contract employee is likely…