Latest news in Capital accumulation plans

Amazon to cut bonuses, stock benefits as it raises wages

Amazon to cut bonuses, stock benefits as it raises wages

Amazon made a big splash this week with its $15 an hour minimum wage announcement, but lost in the fine print: Existing warehouse workers will…

Two-thirds of Canadians would switch jobs for a group savings plan: survey

Two-thirds of Canadians would switch jobs for a group savings plan: survey

More than two-thirds (69 per cent) of Canadians would choose a new job with a group savings plan instead of staying at a current job without…

  • By: Staff
  • October 3, 2018 September 13, 2019
  • 16:00
CAPSA must clarify sections on fees in DC guidelines: ACPM

CAPSA must clarify sections on fees in DC guidelines: ACPM

The Association of Canadian Pension Management is weighing in on the Canadian Association of Pension Supervisory Authorities’ consultation on its defined contribution pension plan guideline.…

  • By: Staff
  • October 3, 2018 September 13, 2019
  • 15:00
Pensions, retirement savings lead industry growth: CLHIA

Pensions, retirement savings lead industry growth: CLHIA

The pension and retirement savings was once again the growth leader in the life and health insurance industry in 2017, according to the Canadian Life…

  • By: Staff
  • September 28, 2018 September 13, 2019
  • 09:00

CAP sponsors not satisfied with retirement products in Canadian market

Canadian plan sponsors aren’t satisfied with the retirement products available for capital accumulation plans and aren’t especially confident their members will have the income they…

Longer living Canadians need option of standalone longevity insurance: report

Longer living Canadians need option of standalone longevity insurance: report

Longer living Canadians should have the option of pure longevity insurance and the government should facilitate Canadian insurers’ ability to offer it, according to a new…

  • By: Staff
  • September 18, 2018 September 13, 2019
  • 10:28
Agreement for Toronto Marriott staff includes expanded benefits for dependants of part timers

Agreement for Toronto Marriott staff includes expanded benefits for dependants of part timers

Unifor members who work at the Toronto Marriott Bloor Yorkville have voted overwhelmingly to ratify a new collective agreement, which includes expanded benefits for dependants of…

  • By: Staff
  • September 17, 2018 September 13, 2019
  • 08:30
Value of assets in trusteed pension funds up 3% in first quarter: Stats Can

Value of assets in trusteed pension funds up 3% in first quarter: Stats Can

The market value of assets held by Canadian trusteed pension funds rose to $1.9 trillion in the first quarter of 2018, up from about $1.85…

  • By: Staff
  • September 13, 2018 September 13, 2019
  • 15:00

CAPSA’s proposed DC pension guideline requires further clarification: CLHIA

While the Canadian Life and Health Insurance Association generally supports the Canadian Association of Pension Supervisory Authorities’ proposed guideline on defined contribution pension plans, certain areas require further clarification.…

  • By: Staff
  • September 12, 2018 September 13, 2019
  • 09:00
How the CMHC closed its DC pension and returned to a DB plan

How the CMHC closed its DC pension and returned to a DB plan

The Canada Mortgage and Housing Corp. is having déjà vu. After closing its defined benefit plan to new members in 2013 and introducing a defined…

Which companies are finalists in the 2018 Workplace Benefits Awards?

Which companies are finalists in the 2018 Workplace Benefits Awards?

Benefits Canada is proud to announce the list of finalists for the upcoming 2018 Workplace Benefits Awards. Winners across 10 categories will be announced at a…

  • By: Staff
  • August 31, 2018 September 13, 2019
  • 09:00
How are retirement solutions affected by wealthier Canadians living longer?

How are retirement solutions affected by wealthier Canadians living longer?

While Canadians’ increasing longevity has been a growing issue for pension plans and providers alike, its effect on quality of living can vary significantly across income…

  • By: Staff
  • August 24, 2018 September 13, 2019
  • 09:00
Retirement program for non-profit sector seeking feedback on plan design

Retirement program for non-profit sector seeking feedback on plan design

The Common Good Retirement Initiative is seeking feedback on the design of a collective retirement plan for Canadian employees in the non-profit and charitable sector. The initiative,…

  • By: Staff
  • August 23, 2018 September 13, 2019
  • 15:00
40% of precarious workers in Canada have access to pension, RRSP: report

40% of precarious workers in Canada have access to pension, RRSP: report

Only 40 per cent of Canadians who are classified as precarious workers have access to pension plans or registered retirement savings plans, compared to 85 per cent of…

  • By: Staff
  • August 22, 2018 September 13, 2019
  • 09:00
Franklin Templeton expands lineup of target-date funds

Franklin Templeton expands lineup of target-date funds

Franklin Templeton Investments Corp. is adding a suite of target-date funds to its offerings in Canada. Franklin LifeSmart is expanding to four new funds, covering new increments 2025,…

  • By: Staff
  • August 20, 2018 September 13, 2019
  • 10:00
PIAC reasserts unclaimed balance regime as solution to missing pension members

PIAC reasserts unclaimed balance regime as solution to missing pension members

The Pension Investment Association of Canada has submitted its comments on the federal government’s unclaimed pension balances framework, noting the solution to the problem is the…

  • By: Staff
  • August 17, 2018 September 13, 2019
  • 16:00
Improving employee mental health among top HR priorities for 2019

Improving employee mental health among top HR priorities for 2019

Improving the mental health of employees ranks ahead of physical health and wellness as a top priority for human resources leaders for 2019, according to a…

  • By: Staff
  • August 14, 2018 September 13, 2019
  • 10:09
Editorial: Creative covers, a prognosis for the future and a note of thanks

Editorial: Creative covers, a prognosis for the future and a note of thanks

How do the following sound as headlines for the cover of Benefits Canada? Are they likely to make the cut any time soon? • “My…

DC plan sponsors’ wish list for legal protections supporting decumulation offerings

DC plan sponsors’ wish list for legal protections supporting decumulation offerings

Even as regulators move to expand decumulation options for Canadians in defined contribution pension plans, the degree to which employers will actually adopt the solutions…

2018 Consultants Report: New challenges for consultants as the landscape evolves

2018 Consultants Report: New challenges for consultants as the landscape evolves

The job of a pension consultant has evolved considerably over Bita Jenab’s 30-year career in the field. The mid-1990s saw a greater focus on governance…

Savings incentives at 7-Eleven among ways to boost Mexico’s retirement outcomes

Savings incentives at 7-Eleven among ways to boost Mexico’s retirement outcomes

Cashiers will often ask Canadian consumers if they’d like to donate to a charity as they pay for items at retail stores. But what about…

  • By: Sonya Felix
  • August 10, 2018 September 13, 2019
  • 08:54
A road map to clarity on the multi-employer pension plan promise

A road map to clarity on the multi-employer pension plan promise

While there are nuances, I consider a target-benefit plan to be one that determines benefits to members on a defined benefit basis while setting out…

  • By: Joe Nunes
  • August 10, 2018 September 13, 2019
  • 08:53
Lussier Dale Parizeau to acquire Quebec-based benefits advisor

Lussier Dale Parizeau to acquire Quebec-based benefits advisor

Quebec-based insurance broker Lussier Dale Parizeau Inc. is acquiring employee benefits advisor Trinome Conseils. Following the acquisition, Lussier Dale Parizeau will have nearly 800 employees…

  • By: Staff
  • August 8, 2018 September 13, 2019
  • 15:30
Hub International acquires two Canadian benefits firms

Hub International acquires two Canadian benefits firms

Hub International Ltd. is acquiring Ontario-based Benefit Broker Services Inc. Benefit Broker Services, which is located in Wallaceburg, Ont., is a provider of services related…

  • By: Staff
  • August 7, 2018 September 13, 2019
  • 16:00

CAPSA consulting on variable benefits, fee disclosure in DC plans

The Canadian Association of Pension Supervisory Authorities’ latest consultation is seeking feedback on amendments to its guideline No. 8 for defined contribution pension plans, focusing on considerations around…

  • By: Staff
  • August 7, 2018 September 13, 2019
  • 09:00