Home Blake Wolfe

Four years ago, as the coronavirus pandemic entered its third month, I unknowingly — and unwittingly — took my first steps towards a new chapter in my career. As a writer for a Canadian travel trade publication, I was suddenly without work as the health crisis brought the global travel industry to a screeching halt. […]

  • May 10, 2024 May 9, 2024
  • 09:00

A consultant says location is one of many factors determining pay, while a human resources specialist argues it shouldn’t be a consideration. Cissy Pau, principal consultant, Clear HR Consulting Inc. Work location is certainly a factor to consider when determining pay for remote workers. When conducting compensation benchmarking, it’s common practice to look at pay […]

  • May 10, 2024 May 9, 2024
  • 08:59

At the 2024 Defined Contribution Plan Summit, which was hosted in Vancouver on Feb. 27-29, attendees learned about the various challenges and solutions for DC plan sponsors across the accumulation and decumulation phases, including how to cater to different generations’ needs and innovative investment and drawdown options, through expert thought leadership and employer case studies […]

  • May 10, 2024 May 6, 2024
  • 08:00

While artificial intelligence may one day be able to remove human bias from financial decision-making, that development remains far in the future, said Lisa Kramer, a professor of finance at the University of Toronto’s Rotman School of Management, during the keynote session at Benefits Canada’s 2024 Defined Contribution Plan Summit in February. “Human nature is […]

  • May 10, 2024 May 6, 2024
  • 08:00

While women are increasingly becoming primary income earners, few women manage their own finances as they near retirement, said Elisha Ribeiro, national sales director for integrated and group retirement services at the Canada Life Assurance Co. (pictured right), during a session at Benefits Canada’s 2024 Defined Contribution Plan Summit in February. “In our 20s, there […]

  • May 10, 2024 May 6, 2024
  • 07:59

Employers can leverage artificial intelligence to enhance the employee experience, including improvements to defined contribution pension communication, said John Bradley, director of emerging technologies at Fidelity Investments, during a session at Benefits Canada’s 2024 DC Plan Summit in February. “For a good employee experience to take place, an employee has to feel like the majority […]

  • May 10, 2024 May 6, 2024
  • 07:58

Inspired by the University of British Columbia’s variable payment lifetime annuity option, the Australian Retirement Trust is taking a similar approach to decumulation, which, in turn, may hold lessons for Canadian defined contribution plan sponsors, said Brnic Van Wyk, the plan’s head of asset and liability management, during a session at Benefits Canada’s 2024 DC […]

  • May 10, 2024 May 6, 2024
  • 07:57

Financial literacy initiatives and a wide range of capital accumulation plan options are key components in supporting the financial health of midwives, said Nicole Mellin, executive director of the Association of Ontario Midwives Benefits Trust (pictured left), during a session at Benefits Canada’s 2024 Defined Contribution Plan Summit in February. The association provides its roughly […]

  • May 10, 2024 May 6, 2024
  • 07:56

Manulife Financial Corp.’s latest financial stress survey found two-thirds (64 per cent) of employees aged 55 and younger and 50 per cent of workers aged 55 and older are seeking more financial advice from their employer, said Marc-Antoine Morin, the organization’s assistant vice-president of product development for group retirement solutions, during a session at Benefits […]

  • May 10, 2024 May 6, 2024
  • 07:55

While real assets are largely absent among the investment options offered by Canadian defined contribution pension plans, they can offer significant long-term benefits to plan members, said Andrew Knox, managing director of Franklin Templeton Investments’ global real assets fund, during a session at Benefits Canada’s 2024 DC Plan Summit in February. “[Defined contribution] investors in […]

  • May 10, 2024 May 6, 2024
  • 07:54