Latest news in Capital accumulation plans

Meet the judges of the 2021 Workplace Benefits Awards

With the 2021 Workplace Benefits Awards’ nomination process drawing to a close in a couple of weeks, Benefits Canada is pleased to announce this year’s…

  • By: Staff
  • June 25, 2021 June 24, 2021
  • 09:00
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Transfer of assets to N.B.’s unclaimed property program could reduce burden on pension plans

The Association for Canadian Pension Management is urging New Brunswick’s Financial and Consumer Services Commission to ensure unclaimed entitlements from ongoing pension plans are eligible…

  • By: Staff
  • June 23, 2021 June 23, 2021
  • 15:00
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Amazon launching employee health programs in Canada

Amazon.com Inc. is launching a digital health-care platform for its Canadian employees. The My Wellbeing platform provides employees with access to a range of health-care…

Deadline extended for 2021 Workplace Benefits Awards

Benefits Canada is extending the deadline for entering the 2021 Workplace Benefits Awards to Wednesday, July 7. The annual awards, which will be held virtually on Oct. 14,…

  • By: Staff
  • June 21, 2021 June 21, 2021
  • 08:45

Majority of Canadian workers willing to take less pay for a workplace pension plan: survey

A majority (70 per cent) of Canadians say they’re willing to forgo a higher salary in exchange for a workplace pension plan, according to a…

Workplace Benefits Awards wins highlight investment in employees’ health, well-being

The TMX Group Ltd.’s double award win at Benefits Canada’s 2020 Workplace Benefits Awards is shining a spotlight on the organization’s efforts to support its…

Americans still saving via DC plans despite pandemic-fuelled uncertainty: report

Despite the uncertainty wrought by the coronavirus pandemic, Americans are continuing to save for retirement through defined contribution pension plans, according to new data from…

  • By: Staff
  • June 16, 2021 June 16, 2021
  • 15:00
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Indigenous, racialized seniors have less retirement security: report

Indigenous and racialized seniors have less retirement security and higher poverty rates than white seniors in Canada, according to a new report by the Canadian…

Financial market regulators highlighting focus on DC investment fees

Investment fees led the agenda at the Joint Forum of Financial Market Regulators’ annual meeting last week. This year, the forum engaged externally on investment fees,…

  • By: Staff
  • June 15, 2021 June 14, 2021
  • 15:00
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Nova Scotia providing residents with early access to retirement savings

Nova Scotia is allowing residents to apply directly to their financial institution to access their retirement savings when facing financial challenges. Under amendments to provincial…

  • By: Staff
  • June 15, 2021 June 16, 2021
  • 09:00
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New longevity pension fund offers decumulation option for plan sponsors

Purpose Investments Inc. is introducing a new longevity pension fund, which invests 50 per cent in equities and 50 per cent in fixed income. It…

2021 BPS coverage: How PCL is balancing benefits, pension decisions during coronavirus

With the majority of PCL Construction Ltd.’s workforce continuing to work at its Canada-wide job sites and offices throughout the coronavirus pandemic, the organization’s decisions…

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Workplace Benefits Awards win a big boost for 2020 pension winner

Receiving peer recognition for an innovative communications strategy was among the reasons the Co-operative Superannuation Society pension plan entered Benefits Canada‘s 2020 Workplace Benefits Awards, according…

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Saskatchewan Pension Plan appointing Shannan Corey to top job

Shannan Corey will succeed Katherine Strutt as the executive director of the Saskatchewan Pension Plan. A 30-year veteran of the pension sector, Corey most recently…

  • By: Staff
  • June 3, 2021 June 3, 2021
  • 09:30
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2021 BPS coverage: Integrating benefits and pension plans a win-win for employers, employees

By integrating their benefits and pension plans, employers can fulfill their plan objectives while creating a better experience for plan members, said Christine van Staden,…

FSRA three-year plan includes pension flexibility, transparency and innovation

The Financial Services Regulatory Authority of Ontario has unveiled its priorities for the next three years, including plans to reshape its supervisory role for the…

  • By: Staff
  • May 31, 2021 May 31, 2021
  • 09:15
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Feds extending pension plan relief by one year to help employers, employees through pandemic

The federal government is extending its relief to registered pension plans and deferred salary leave plans by one year to help employers manage and maintain…

  • By: Staff
  • May 21, 2021 May 25, 2021
  • 15:30
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Language, communication shaping DC plan members’ retirement decisions: survey

Language and communication can impact the retirement decisions of defined contribution plan members, according to a new survey by Invesco Ltd. The survey found 60…

  • By: Staff
  • May 14, 2021 May 14, 2021
  • 09:10

Pensions, permanency of contract workers at heart of Nestlé strike

More than 470 employees at a Nestlé Canada plant in Toronto are on strike after Unifor Local 252 and the company failed to reach an…

Employers making pension, benefits changes as pandemic continues: survey

Canadian employers are making ongoing changes to their pension and benefits offerings as the coronavirus pandemic drags on, according to a new survey by the…

  • By: Staff
  • May 5, 2021 May 5, 2021
  • 09:00
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72% of Canadian pension funds considering consolidation options: survey

The majority (72 per cent) of Canadian pension funds said they’re currently focused on consolidation options that offer greater certainty they’ll be able to meet…

  • By: Staff
  • May 3, 2021 May 6, 2021
  • 09:00

Head to head: Should Canadian policy-makers facilitate a workplace emergency savings benefit?

With many employees struggling with finances since the coronavirus pandemic started last March, two experts weigh in on the viability of offering a workplace emergency…

Pension plan committees applying virtual meeting lessons to second year of pandemic

As the coronavirus pandemic ground the world to a halt in March 2020, stopping was not an option for Gale Rubenstein or her colleagues on…

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The Royal Mail Group’s road to offering U.K. employees a collective DC plan

The Royal Mail Group Ltd. will soon make history in the United Kingdom by becoming the first employer to sponsor an entirely new type of…