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 keynote session at Benefits Canada‘s 2026 DC […]
More than half (56 per cent) of plan members say email is the most effective way to communicate with them about their savings plans, according to Benefits Canada’s 2026 Employee Savings Survey. The survey, which polled 500 Canadian plan members, found traditional mail (18 per cent) was a distant second preferred communications tool, followed by […]
In its sophomore year under the Employee Savings Survey banner, Benefits Canada’s annual check in with plan members about their financial priorities and the condition of their workplace savings journeys dove deeper into the demographic data. In a virtual panel discussion on March 30, industry experts shared their views on the 2026 results by exploring the […]
In its pre-budget submission to the federal government, the Canadian Life and Health Insurance Association highlighted variable payment life annuities, automatic features in pension plans, pharmacare and virtual health care as areas that require attention. While the CLHIA said it supports the concept of VPLAs as a decumulation solution for defined contribution plan members, it […]
It’s OK to ask for help is a lesson I’m learning very gradually. While I do lean heavily on my immediate family, particularly my parents, who have both been crucial in helping me survive — and thrive, I hope — as a solo parent to two young kids, I’m not usually a person who regularly […]
As employers and employees grapple with inflation, political turbulence and an economic slowdown, consultants are stepping up to offer support. That uncertainty also extends to broader business operations. Companies in the automotive and steel industries are particularly impacted by the tariffs, but many other sectors remain unsure of what the future holds more generally. The […]