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 […]
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 […]
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 […]
It’s difficult to avoid feeling overwhelmed by the hype around artificial intelligence and its many applications in our day-to-day lives. I was a kid during the early days of the internet, so I wasn’t in the middle of that buzz. But I gradually started using it — in high school, university and beyond — and […]
Improving participation and engagement in pension savings is a constant challenge for the retirement industry, but experts point to more insistent and consistent tactics around member behaviour. Derek Messacar, associate professor of applied economics, Memorial University Programs that offer tax deductions on savings in designated accounts have, for a long time now, been contested as […]
On Sept. 30, more than 80 defined contribution pension plan sponsors, consultants, asset managers and other industry stakeholders met at the Omni King Edward Hotel in Toronto for the 2025 DC Investment Forum to glean insights into the tools and strategies that plan sponsors can use to guide members into the future and support their […]
According to MFS Investment Management’s Sean Kenney, his three sisters would all fall within the same target-date age cohort, but their lifestyles and retirement goals are completely different. His oldest sister, married with three kids, makes a middle-class income, doesn’t have a lavish lifestyle and loves being at home. Kenney’s twin sister, single with no […]
KPMG in Canada is aiming to boost plan member engagement with its retirement savings programs with a host of changes, including a refreshed defined contribution plan investment lineup, a new first home savings account, financial education programming, digital tools and switching record keepers. The changes, launched in early October, stemmed from a review of the […]