Tourism Kingston is supporting employee financial well-being and retirement readiness with a new group registered retirement savings plan. The program, provided by the Empire Life Insurance Co., provides members with streamlined investment options that align with their retirement timelines, says Claire Matthews, the organization’s people and culture coordinator. “It’s a fully digital experience and it’s […]
The Quebec government has adopted regulations allowing defined contribution pension plans and voluntary retirement savings plans to offer variable payment life annuities. The regulatory changes establish the framework under which DC plans and voluntary retirement savings plans may offer the lifetime income option, including conditions related to plan design, valuation and administration. The move follows […]
Half (50 per cent) of Canadian employers are now offering financial planning services and 42 per cent are providing financial literacy resources, according to a new report by Arthur J. Gallagher & Co. This is a significant increase from 2024, notes Pat Leo, vice-president of Toronto retirement at Gallagher. “With carriers in Canada now offering some […]
When the Canadian Association of Pension Supervisory Authorities updated its capital accumulation plan guideline in September 2025, the Co-operative Superannuation Society Pension Plan conducted an audit to gauge its alignment with the document’s current form. “We found, for the most part, the CSS was already meeting a lot of the standards, as far as I […]
Samsung Electronics Co. Ltd. is supporting inclusion and family building with a new adoption benefit. The benefit, which will be available as of January, provides employees who are adopting children with $10,000 regardless of which benefits plan tier they choose. Anna-Lisa Prencipe, senior director of the company’s people team, says the benefit reflects diversity among […]
Wealthsimple Inc. is marking Financial Literacy Month with a two-part series of information sessions on how women can build financial confidence. The sessions cover estate planning, individual and joint money management, investing, wealth building and pre-retirement strategies, says Diana McLachlan, the organization’s chief people officer. She notes the company’s overall approach to financial literacy emphasizes […]
During Financial Literacy Month, Arc’teryx Equipment is hosting a series of information sessions on the company’s savings plans, geared toward the outerwear company’s diverse employee population. An in-person session will be held at the company’s Vancouver headquarters, while virtual and pre-recorded sessions will be available for employees based across Canada, covering the group registered retirement […]
A continued rally in equity markets in the third quarter of 2025 strengthened retirement income outcomes for capital accumulation plan members, according to a new report by Eckler Ltd. Optimism around trade negotiations, a U.S. Federal Reserve rate cut and steady enthusiasm for artificial intelligence supported markets through the period. As a result, the consultancy’s […]
When Bell Canada was communicating defined contribution plan changes to members in 2024, it turned to artificial intelligence to help personalize its message to all of its 25,000 plan members. The redesign, which aimed to respond to members’ different financial priorities, enhanced the company’s savings options with a first home savings account, a tax-free savings […]
Amid rising rates of food insecurity, employers have a role to play in easing immediate challenges and supporting long-term resilience among employees. “With rising food prices impacting everyone, we’ve developed or enhanced a range of programs that support both our employees and the communities where we work and live,” says Chris Pepper, vice-president of corporate […]