Flexible retirement savings plans and employer matching can potentially provide lower-income workers with earlier retirement options despite the rising cost of living, according to a new report by Mercer. The report analyzed two scenarios for workers earning $50,000 with workplace retirement plans that include employer matching. Read: Employer matching key to supporting young workers’ retirement […]
Donna Mathieu, vice-president and chief financial officer at NAV Canada, is retiring, effective Oct. 31, 2025. She joined NAV Canada in 2003 and became CFO in January 2022 following progressively senior roles. During her time at the organization, she provided executive leadership and direction to NAV Canada’s finance department, overseeing the company’s pension plan and […]
The European Union is imposing strict rules on artificial intelligence activities that pose high and unacceptable risks, including those deployed in the workplace. The AI Act, which is being implemented in stages through to Aug. 2, 2026, applies to all member states without the need for local legislation to be adopted, though some states may […]
More than half of U.S. pension plan sponsors say economic conditions like interest rate and market volatility (58 per cent) as well as demographic changes (57 per cent) are the market forces most likely to influence the evolution of employer-sponsored retirement plans, according to a new survey by MetLife Inc. The survey, which polled more […]
The union representing roughly 500 employees at General Dynamics Land Systems Canada in London, Ont. has ratified a new three-year contract that includes pension and benefits gains. The agreement provides increased employer contributions to the defined benefit pension plan, including an additional $1 for production employees and an additional $1.20 for skilled trades workers in […]
An article on a survey that found four in 10 employees have taken mental-health leave was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Survey finds four in 10 employees have taken mental-health leave 2. Investment volatility increasing […]
Two-thirds (67 per cent) of U.S. retirement savers are concerned about their income lasting their lifetime, while 30 per cent are extremely or very concerned, according to a new survey by Global Financial Atlantic Group. The survey polled individual investors between the ages of 55 and 75 with US$250,000 and $2 million in investable assets […]
Roughly a third of employees say their colleagues are less collaborative (29 per cent) and more confrontational (28 per cent) compared to three years ago, according to a new survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled more than 500 employers and more than 500 employees, found the […]
Two-thirds (66 per cent) of global institutional investors say they plan to increase their private asset allocations over the next five years, according to a new survey by investment manager Nuveen. The survey, which polled more than 800 global institutional investors representing US$19 trillion in assets under management, found more than 90 per cent now […]
While the majority (86 per cent) of Black Canadians feel their employer has created a more equitable workplace for Black employees, there’s still room for improvement, according to a new survey by KPMG in Canada. The survey, which polled more than 800 Black employees, found three-quarters (75 per cent) feel valued and respected in the […]