Latest news in Capital accumulation plans

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

An article on how the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline will impact plan sponsors and members was the most-read story…

  • By: Staff
  • September 27, 2024 September 26, 2024
  • 09:00

Report finds world’s 300 largest pension funds’ AUM increased 10% in 2023

In 2023, the world’s 300 largest pension funds’ assets under management increased by 10 per cent to US$22.6 trillion, compared to $20.6 trillion at the…

  • By: Staff
  • September 18, 2024 September 18, 2024
  • 09:00

How employers can support female employees’ financial, retirement wellness

Brianne Collins, age 29, has worked as a senior copywriter at a large Toronto-based advertising agency for just over a year. Collins’ agency supports employee…

  • By: Brooke Smith
  • September 13, 2024 September 12, 2024
  • 08:57

2024 CAP Member Survey: How CAPs are supporting employee financial wellness amid growing economic uncertainty

From 2016 to 2024, fewer plan members are confident they’ve saved enough for retirement. Indeed, Benefits Canada’s 2024 CAP Member Survey found plan members’ optimism…

  • By: Blake Wolfe
  • September 13, 2024 October 7, 2024
  • 08:56

York University, YUFA agreement includes multiple benefits gains

The union representing more than 1,600 faculty, librarians, archivists and post-doctoral researchers at York University has ratified a three-year collective agreement that includes multiple benefits…

  • By: Staff
  • September 12, 2024 September 12, 2024
  • 09:00
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Wall Street rally helped boost 401(k) gains in first half of 2024: report

Strong growth for stocks on Wall Street this year have helped juice gains for savers with retirement accounts. The average 401(k) plan balance stood at…

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CAP member outcomes continue to increase in Q2 2024: report

Capital accumulation plan members continued to see an uptick in their plan outcome for the second quarter of 2024, as gross income replacement ratios remained…

  • By: Staff
  • August 14, 2024 August 14, 2024
  • 15:00
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How employers can support working grandparents’ financial wellness, retirement readiness

Working grandparents who are providing financial support to children and/or grandchildren are risking their own plans for retirement, says Craig Bannon, director of financial planning…

Head to head: Is it time to retire the term ‘retirement?’

One actuary says social and technological factors are changing the concept of retirement, while another notes the fundamentals remain the same. Michel St-Germain, retired actuary, fellow…

2024 Consultants Report: Is there an inherent conflict of interest when consulting firms consolidate?

The consolidation of firms within the pension and benefits industries could pose a threat because there’s less choice available in terms of service providers, says…

What can the Canadian pension industry learn from U.S. CAP litigation?

While lawsuits against Canadian capital accumulation plans are virtually non-existent, U.S. pension litigation holds several lessons for plan sponsors that are based north of the…

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Ontario’s proposed amendment to succession law could create confusion around pension matters: ACPM

The Association of Canadian Pension Management is urging the Ontario government to ensure its proposed amendment to the Succession Law Reform Act doesn’t introduce unintended confusion…

  • By: Staff
  • August 7, 2024 August 7, 2024
  • 15:00

What should employers know about Quebec’s pension legislation?

Businesses that are planning to establish themselves in Quebec by way of expansion or acquisition should be aware of some unique aspects of the province’s…

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

An article detailing how Canada’s exemplary pension regulatory system is helping to safeguard plans from mismanagement was the most-read story on BenefitsCanada.com this week. Here…

  • By: Staff
  • August 2, 2024 August 1, 2024
  • 09:00

LCBO, OPSEU agreement includes multiple benefits gains

The union representing employees of the Liquor Control Board of Ontario has ratified a three-year collective agreement that includes multiple benefits gains, ending a two-week…

  • By: Staff
  • July 30, 2024 July 29, 2024
  • 09:00
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Demand for in-plan annuity options growing among U.S. workers, employers: report

Seven in 10 U.S. workers between the ages of 40 and 80 with at least $100,000 in investable assets say they’d be “very” or “somewhat”…

  • By: Staff
  • July 29, 2024 July 29, 2024
  • 15:00
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51% of U.S. women entering peak retirement years have less than $100k saved: survey

Half (51 per cent) of women in the U.S. aged 65 who are entering their peak retirement years have less than $100,000 saved, with the percentage rising (67…

  • By: Staff
  • July 25, 2024 July 24, 2024
  • 15:00
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Jordan Fremont joining Stikeman Elliott as partner

Jordan Fremont is joining Stikeman Elliott LLP’s pensions and benefits group as a partner. His practice focuses on pensions, benefits and compensation plan design, as…

  • By: Staff
  • July 25, 2024 July 24, 2024
  • 09:00

2024 Vancouver Benefits Summit: How Telus is making well-being, mental health a cultural priority

Telus Communications Inc. is ensuring employees bring their best self to the job by supporting their well-being both in the workplace and at home, said…

2024 Top 100 Pension Funds report: Employees’ financial wellness moving up the agenda for pension plan sponsors

When Phillip Kotanidis took over as chief human resources officer at Toronto’s Michael Garron Hospital in 2018, the financial well-being of staff wasn’t exactly high…

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Dollar cap matching could more equitably distribute 401(k) contributions, reduce plan sponsor costs: report

Dollar cap match formulas could distribute employer contributions to 401(k)s more equitably than other common match formulas, according to a new report by Vanguard Inc.…

  • By: Staff
  • June 11, 2024 June 11, 2024
  • 09:00
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Cross-border pension plans increasing due to political, economic tension: survey

The number of international pension plans and international savings plans that are offered in countries operating in challenging political or economic circumstances has risen to…

  • By: Staff
  • May 28, 2024 May 28, 2024
  • 15:00