Home News Page 16

Top Stories in News

How can DC plan sponsors solve the decumulation problem?

During a panel discussion at Benefits Canada’s 2024 Defined Contribution Plan Summit in February, three defined contribution plan sponsors shared their respective decumulation journeys and…

How DC plan sponsors can take the guesswork out of retirement planning

Technology plays an increasingly important role as defined contribution pension plan sponsors seek to deploy decumulation support and retirement advice at scale, said Jean-Michel Lavoie,…

109095428-123RF

Caisse invests $200 million in Quebec-based apparel firm, CPPIB buys energy company for US$6.2 billion

The Caisse de dépôt et placement du Québec and Gildan Activewear Inc. have reached an agreement that will see the Montreal-based apparel manufacturer issue $200…

  • By: Staff
  • May 9, 2024 May 9, 2024
  • 15:00

ETF assets held by institutional investors reach US$56 billion in 2023: report

Institutional investors in North America owned US$56 billion worth of exchange-traded fund assets at the end of 2023, a 22 per cent increase year over…

  • By: Staff
  • May 9, 2024 May 9, 2024
  • 11:00
Copyright_alekstaurus_123RF

Expert panel: Cessation of real return bonds increases risk profile for Canadian pension fund model

The recent pressure put on Canadian pensions plans from private managers and governments to re-discover an investment home bias has been met with little enthusiasm,…

Working mothers fear losing ability to work from home: expert

More than two-thirds (68 per cent) of working mothers are concerned about losing the level of flexibility they have at work in 2024, according to a…

74% of U.S. DC pension plan sponsors to conduct plan fee review in 2024: survey

Three-quarters (74 per cent) of U.S. defined contribution pension plan sponsors say they’ll review plan fees throughout 2024, according to a new survey by investment…

  • By: Staff
  • May 8, 2024 May 8, 2024
  • 15:00
Copyright_scyther5_123RF

Survey finds institutional investors are gaining confidence in cryptocurrency assets

Four in 10 (39 per cent) Canadian institutional investors say they have either direct or indirect exposure to cryptocurrency, according to a new survey by…

  • By: Staff
  • May 8, 2024 May 7, 2024
  • 15:00
Copyright_oneinchpunch_123RF

How the ‘father of the 401(k)’ is still helping employees find retirement security

More than 40 years after Ted Benna conceived of what’s now known as the modern defined contribution pension plan structure, the so-called ‘father of the…

Younger workers in the U.S. feeling less confident about their financial security: report

Younger workers in the U.S. are feeling less confident about their financial security compared to those from older generations, according to a report by LIMRA.…

  • By: Staff
  • May 7, 2024 May 6, 2024
  • 15:00

U.S. employees staying at current jobs due to work-life balance, financial stability: survey

Fewer U.S. workers are leaving their jobs, with roughly two-fifths citing improved work-life balance (44 per cent), interesting work (41 per cent) and financial stability…

  • By: Staff
  • May 7, 2024 May 6, 2024
  • 09:00
Copyright_jakkapan_123RF

Average Canadian DB pension plan returns 3.6% in Q1 2024: reports

The average Canadian defined benefit pension plan posted a median return of 3.6 per cent in the first quarter of 2024, according to a new…

  • By: Staff
  • May 6, 2024 May 6, 2024
  • 15:00

Employers can support workers’ mental health with digital toolkits, adequate coverage: expert

This Mental Health Week and beyond, employers can support employee mental health using digital toolkits, mental-health coaching and by providing adequate coverage, says Marie-Chantal Côtè, senior…

36% of Canadian workers bothered by thoughts of death, self-harm over the past year: survey

More than a third (36 per cent) of Canadian workers have been bothered by thoughts of death or self-harm over the past year, according to a…

  • By: Staff
  • July 16, 2024 July 16, 2024
  • 15:00

Digital engagement helping plan members save more for retirement: report

Retirement plan members who engage with their plan digitally have an average retirement account balance 230 per cent higher than those who weren’t engaged ($123,800 versus $51,800), according to…

  • By: Staff
  • July 16, 2024 July 15, 2024
  • 09:00

Coverage of the 2024 Mental Health Summit

On June 6, Benefits Canada hosted its annual Mental Health Summit, the industry’s most popular and well-known conference in this space. Designed for employers and the advisors…

  • By: Staff
  • July 16, 2024 July 11, 2024
  • 08:00

Interest rate cut boosts returns from short-term government bonds, credit: report

Returns from short-term Government of Canada bonds and credit are rising due to the easing of interest rates by the Bank of Canada last month,…

  • By: Staff
  • July 15, 2024 July 15, 2024
  • 15:00

Ontario court rules employer not obligated to preserve past service benefits

Ontario’s small claims court has ruled that an employer’s letter, which described the benefits coverage that would exist following a divestment as ‘comparable’ to prior…

CPPIB investing €550M in European digital solutions provider, Caisse buying Brazilian power transmission platform

The Canada Pension Plan Investment Board is investing €550 million in Europe-based team.blue to acquire a 20 per cent interest in the firm. The total…

  • By: Staff
  • July 12, 2024 July 11, 2024
  • 15:00