Workplace financial advice has evolved significantly over the past 15 years, moving from in-plan investment advice to more broad financial planning, said Marc-Antoine Morin, assistant vice-president of group retirement at Manulife, during a session at Benefits Canada’s 2026 Defined Contribution Plan Summit. He traced the evolution to the rise of three factors: target-date funds, which […]
As generation Z’s behaviours, motivators and stressors evolve in real time, a joint research project from Canada Life and Deloitte Canada is aiming to help bridge the gap between prudent financial planning and the generation’s legitimate concerns around long-term systemic risks. Speaking during a session at Benefits Canada’s 2026 Defined Contribution Plan Summit, Kate Nazar […]
Canadians’ outlook on retirement has dropped over the last decade, with 82 per cent having a positive attitude 10 years ago compared to 71 per cent last year, said Peter Bowen, vice-president of tax and retirement at Fidelity Investments Canada, during a session at Benefits Canada’s 2026 Defined Contribution Plan Summit. Sharing the results of […]
While more than half (52 per cent) of workplace savings plan members count on the plan as their main source of retirement income, both men (16 per cent) and women (12 per cent) overstated their account balances, according to Sun Life’s latest survey of 1,900 plan members. Sharing the survey results at Benefits Canada’s 2026 […]
During a recent transition between record keepers, KPMG in Canada focused on keeping communications with employees human and simple, including what to say, when to say it and how to measure confidence. “It wasn’t just a record-keeper change,” said Christine McCloskey-Bruno (pictured right), senior total rewards manager, during a session at Benefits Canada’s 2026 Defined […]
Understanding retirement savers’ views, concerns and points of stress related to their financial lives allows the industry to build investment solutions and craft communications strategies that are more likely to resonate and be more impactful, according to Jessica Sclafani, global retirement strategist at T. Rowe Price, during a session at Benefits Canada‘s 2026 Defined Contribution […]
On balance, Canadians believe they’re meeting their ambitions, including investment- and financial-related goals, said Michael Keaveney, client portfolio manager in total investment solutions at CIBC Asset Management, during a session at Benefits Canada’s 2026 Defined Contribution Plan Summit. Sharing the results of CIBC’s recent ambitions index, he noted two-thirds said they believe they’ve been meeting their […]
A workforce that’s sprawled across the country is pushing Simon Cabral (pictured centre), former director of global defined contribution plans at Scotiabank, to employ a fully digital approach when communicating with employees. “We have to, we have no choice really to reach our cohorts across the country,” he said during a panel session at Benefits Canada’s […]
For defined contribution plan members, the ultimate positive DC experience is understanding the plan provisions, knowing what decisions to make, feeling confident about making well-informed choices and arriving at a prosperous retirement, said Barbara Sanders, associate professor of statistics and actuarial science at Simon Fraser University, during a session at Benefits Canada‘s 2026 DC Plan […]
The equity risk in target-date funds has been increasing substantially over the last decade, creating a ‘silent risk shift,’ according to Jafer Naqvi, managing director and head of client portfolio management at TD Asset Management Inc., speaking during a session at Benefits Canada’s 2026 Defined Contribution Plan Summit. At the same time, the underlying stock indices […]