Latest news in Capital accumulation plans

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38% of U.S. institutional investors incorporating ESG into investment decisions: survey

Roughly two-fifths (38 per cent) of U.S. institutional investors say they incorporate environmental, social and governance factors into investment decisions, according to a new survey…

  • By: Staff
  • November 14, 2024 November 12, 2024
  • 11:00
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How CAPSA’s fee transparency guidance is impacting plan sponsors

The Canadian Association of Pension Supervisory Authorities’ new plan sponsor guidelines surrounding investment fee transparency are a good first step, but require further development to…

  • By: Blake Wolfe
  • November 14, 2024 November 13, 2024
  • 09:00

Coverage of the 2024 DC Investment Forum

The volatile global conditions of the last four years have culminated in a looming economic downturn, impacting defined contribution pension plan sponsors and members alike.…

2024 DC Investment Forum: Young Canadians’ retirement savings at mercy of housing market, government inaction

Young Canadian employees are facing a series of headwinds stemming from rising housing costs and decades of inaction by the federal government to support retirement…

  • By: Blake Wolfe
  • November 6, 2024 October 30, 2024
  • 07:59

2024 DC Investment Forum: Three tips for picking the right target-date fund

With defined contribution pension plan assets expected to double in the near term and members now using target-date funds at “unprecedented” rates, plan sponsors need…

2024 DC Investment Forum: Investing in appropriate TDFs can lead to higher than average account balances

The majority of Canadian defined contribution plan members are invested in the appropriate target-date fund vintage and those who are may be better prepared for…

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: 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.…

  • By: Blake Wolfe
  • November 6, 2024 November 22, 2024
  • 07:51
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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

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…

  • By: Blake Wolfe
  • October 31, 2024 October 23, 2024
  • 09:00

Air Canada, ALPA agreement includes multiple benefits gains

The union representing more than 5,200 Air Canada pilots has ratified a four-year collective agreement that includes multiple benefits gains, avoiding a possible strike. The…

  • By: Staff
  • October 24, 2024 October 24, 2024
  • 15:00
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CAAT pension plan’s optional savings account allowing members to consolidate retirement savings

A new retirement savings vehicle could benefit members of the Colleges of Applied Arts and Technology’s pension plan by streamlining investment choice and maximizing their…

  • By: Blake Wolfe
  • October 24, 2024 October 23, 2024
  • 09:00

IMAX awarded for education campaign during transition to flexible benefits plan

IMAX Corp. won the Benefits Plan Communications award at Benefits Canada’s 2024 Workplace Benefits Awards on Oct. 18 for its use of engaging technology tools to…

88% of SMEs experiencing challenges finding skilled talent: survey

Nearly nine in 10 (88 per cent) Canadian small- and medium-sized employers say they’re experiencing challenges finding skilled talent, according to a new survey by…

  • By: Staff
  • October 22, 2024 October 22, 2024
  • 15:00
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Canada’s retirement system ranks No. 17 out of 48 countries, has room for improvement: report

Canada’s retirement system ranks No. 17 out of 48 countries, down from No. 12 in 2023, according to a new report by Mercer and the…

  • By: Staff
  • October 22, 2024 October 21, 2024
  • 11:00
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Nova Scotia offers retirement fund top-ups to attract, retain physicians

The Nova Scotia government is offering to pay up to $15,000 a year into a new retirement benefits program for doctors in hopes the public…

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Expert panel: How will CAPSA’s risk management guideline impact pension plan administrators?

The Canadian Association of Pension Supervisory Authorities’ guideline for risk management provides that plan administrators should create a framework to identify, evaluate, manage and monitor…

Maple Leaf Foods, Unifor agreement includes pension, benefits gains

The union representing 60 employees at Maple Leaf Foods in Port Perry, Ont., has ratified a four-year collective agreement that includes pension and benefits gains.…

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

Top 5 HR, benefits, pension and investment stories of the week

An article on why employers that mandate onsite work could see increased employee turnover was the most-read story on BenefitsCanada.com this past week. Here are the…

  • By: Staff
  • October 11, 2024 October 10, 2024
  • 09:00

2024 Top 50 DC Plans Report: How are plan sponsors using AI to affect pension member experience, savings outcomes?

The Co-operative Superannuation Society Pension Plan is in the middle of a years-long digital transformation that’s aiming to improve member experience. In addition to introducing…

GM, Unifor agreement includes transition to CAAT DBplus pension plan, benefits gains

The union representing more than 1,300 employees at General Motors’ assembly plant in Ingersoll, Ont. has ratified a two-year collective agreement that includes pension and…

  • By: Staff
  • October 7, 2024 October 7, 2024
  • 15:00
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Canadian insurers paid out record $128BN in health, retirement benefits in 2023: CLHIA

Canada’s life and health insurers paid out a record $128 billion in health and retirement benefits last year, up from $114 billion in 2022, according…

  • By: Staff
  • October 3, 2024 October 1, 2024
  • 15:00
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Sounding Board: What employers need to know about CAPSA’s 2024 CAP guideline

After a two-year consultation period, the Canadian Association of Pension Supervisory Authorities released its 2024 guideline for capital accumulation plans in September. With a focus…