Latest news in Benefits Canada News

2024 DC Investment Forum: Financial advice ‘paramount’ to DC plan members’ success as they save for, enter retirement

Canadian defined contribution plan members’ knowledge of target-date funds is lacking and it may point to a larger issue: the stakes set for member investment…

2024 DC Investment Forum: New decumulation product combining income predictability with capital availability

Pension plan members’ primary concerns about their golden years are whether they’ve saved enough money to live their dream retirement, whether those funds will last…

2024 DC Investment Forum: The importance of ESG factors in bond investing

Rising food, energy and housing prices aren’t just pocketbook issues for consumers or election fodder for politicians, they’re also social risk factors, indicators of a…

2024 DC Investment Forum: Addressing inflation risk through DC plan members’ working lives

The rapid rise in the cost of living in 2022 and into 2023 underscored the need for target-date funds to not just protect against standard…

2024 DC Investment Forum: Panel: How employers are supporting plan members’ investment decisions amid rising cost of living

The rising cost of living in the post-pandemic era has impacted all aspects of employees’ financial wellness, including retirement savings. In 2023, Hofmann-La Roche Ltd.…

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61% of Canadians afraid of running out of money in retirement: survey

Nearly two-thirds (61 per cent) of Canadians say they’re afraid of running out of money in retirement, according to a new survey by the Canada…

  • By: Staff
  • November 5, 2024 November 4, 2024
  • 15:00

Desjardins promoting financial literacy through personalized advice, program for young workers

During Financial Literacy Month and throughout the entire year, Desjardins Group is promoting financial literacy by offering employees personalized financial advice, as well as hosting…

Peel Region’s extensive collection of data leads to mental-health win

Peel Region’s extensive collection of data and strong results led to a win in the Mental Health Program category for employers with more than 1,000…

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CAP member outcomes continue to rise in Q3 2024: report

Despite declining annuity rates, Canadian capital accumulation plan members retiring at the end of September experienced some of the best outcomes in more than 13…

  • By: Staff
  • November 4, 2024 November 5, 2024
  • 15:00

Beneva achieves legacy recognition for industry leadership with award win

Éric Trudel’s long leadership and oversight tenure across roles in the insurance industry resulted in a win at Benefits Canada’s 2024 Workplace Benefits Awards on…

Survey finds 83% of gen Z frontline workers feel burned out

The majority (83 per cent) of generation Z frontline workers say they feel burned out, compared to 75 per cent of all frontline employees, according…

  • By: Staff
  • November 1, 2024 November 1, 2024
  • 15:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on Amazon Canada’s win in the Financial Wellness Program category at Benefits Canada’s 2024 Workplace Benefits Awards was the most-read story on BenefitsCanada.com this past week. Here are…

  • By: Staff
  • November 1, 2024 October 31, 2024
  • 09:00

Samsung’s multi-faceted well-being strategy leads to award win

Samsung Electronics Co. Ltd.’s multi-faceted approach to employee well-being took home the top prize in the Health/Wellness Program category for employers with fewer than 1,000…

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How are political tensions between Canada, India impacting institutional investors?

While political tensions have recently flared between Canada and India, institutional investors are unlikely to adjust their capital allocation to the country, says Partha Mohanram,…

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Average Canadian DB pension plan returns 5.1% in Q3 2024: report

The average Canadian defined benefit pension plan returned 5.1 per cent during the third quarter of 2024, an increase from 1.1 per cent in the…

  • By: Staff
  • October 31, 2024 October 30, 2024
  • 11:00

Ontario to consult on variable life benefits, finalizes target-benefit framework

In its fall economic statement on Wednesday, the Ontario government said it plans to consult with pension industry stakeholders on the possibility of offering variable…

  • By: Staff
  • October 31, 2024 October 30, 2024
  • 09:00

CAA Club Group wins award for holistic, data-driven wellness approach

CAA Club Group’s holistic and data-driven approach to employee well-being led to a win in the Health/Wellness Program category for employers with more than 1,000…

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Ontario DB pension plan payouts provide $34.6BN to provincial GDP: report

Defined benefit pension plans support more than one million beneficiaries in Ontario and these benefits provided more than $34.6 billion to the province’s gross domestic…

  • By: Staff
  • October 30, 2024 October 29, 2024
  • 15:00

BMO’s Carol Bennett recognized for innovation, commitment to inclusion

Carol Bennett’s innovation and commitment to inclusion led to her recognition as the Human Resources/Benefits Professional of the Year at Benefits Canada’s 2024 Workplace Benefits Awards on…

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All generations of employees say hybrid work supports productivity, job satisfaction: survey

All generations of Canadian workers say a hybrid working arrangement is most conducive to productivity and job satisfaction, according to a new survey by Humi.…

  • By: Staff
  • October 29, 2024 October 29, 2024
  • 15:00

Expert panel: What are some CEO red flags for institutional investors to consider?

According to an old adage, the fish rots from the head down. With the chief executive officer being the head of a corporation, are there…

World’s 500 largest asset managers’ AUM up 12.5% in 2023: report

The world’s 500 largest asset managers’ assets under management increased by 12.5 per cent to US$128 trillion in 2023, compared to $113.7 trillion at the…

  • By: Staff
  • October 29, 2024 October 24, 2024
  • 11:00
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How L’Oréal Canada is creating a more menopause-inclusive workplace

L’Oréal Canada Inc. is creating a more menopause-inclusive workplace by hosting discussions on the topic, providing sufficient benefits coverage and having a dedicated employee resource…

TMX Group wins award for diligent approach to building its future workplace

TMX Group Ltd. was the winner at Benefits Canada’s 2024 Workplace Benefits Awards for its diligent approach to mapping out a future workplace that leaves the one-size-fits-all…