Latest news in Capital accumulation plans

Top 10 news stories of July 2018

Top 10 news stories of July 2018

There was a lot of news to share from the pension, investment, benefits and human resources industries this month. Here are the 10 most popular…

  • By: Staff
  • July 31, 2018 September 13, 2019
  • 10:00
Report shows pension gap between B.C.’s government, private workers

Report shows pension gap between B.C.’s government, private workers

The vast majority (91.8 per cent) of British Columbia’s government employees were covered by a registered pension plan in 2017, compared to just 17.7 per…

  • By: Staff
  • July 30, 2018 September 13, 2019
  • 16:00
Few U.S. pension plans integrating ESG into investment manager selections: survey

Few U.S. pension plans integrating ESG into investment manager selections: survey

Very few American pension funds are incorporating environmental, social and governance issues, according to a new survey by NEPC Investment Consultants. Just 12 per cent of…

  • By: Staff
  • July 26, 2018 September 13, 2019
  • 17:00
Unclaimed balance regimes offer solution to missing pension members: PIAC

Unclaimed balance regimes offer solution to missing pension members: PIAC

The real solution for missing pension plan members is the establishment of a regime that allows plan sponsors to turn over unclaimed balances to a public…

  • By: Staff
  • July 26, 2018 September 13, 2019
  • 16:00
Tips for meeting CAPSA’s pension governance guidelines: Part II

Tips for meeting CAPSA’s pension governance guidelines: Part II

This series of articles examines some actionable ideas to help plan administrators meet the Canadian Association of Pension Supervisory Authorities’ guideline No. 4. Following on from the…

Use caution when changing benefits to account for CPP enhancements, report warns

Use caution when changing benefits to account for CPP enhancements, report warns

As the average income replacement rate for capital accumulation plans continues to trend downwards, can employers mitigate this movement with the Canada Pension Plan’s incoming…

  • By: Staff
  • July 23, 2018 September 13, 2019
  • 16:15
Strike looms as N.S. credit union proposes DB pension closure

Strike looms as N.S. credit union proposes DB pension closure

After several months of negotiations between Nova Scotia’s East Coast Credit Union and Unifor, 44 employees have voted in favour of strike action over the proposed closure…

Are target-date funds the best investment option for CAP decumulation?

Are target-date funds the best investment option for CAP decumulation?

From decumulation options to investment choice, capital accumulation plan members face several challenges when they reach retirement. On the decumulation front, many members leave their assets…

National Pension Hub awards funding to three research projects

The National Pension Hub is awarding funding to three research projects, focusing on themes like portfolio construction and plan design. The hub, which the Global…

  • By: Staff
  • July 12, 2018 September 13, 2019
  • 16:00
Thrive Savings rolls out workplace financial wellness app

Thrive Savings rolls out workplace financial wellness app

Software company Thrive Savings Inc. is launching a financial wellness app for employers to help their employees with their savings goals. The app, which is available on…

  • By: Staff
  • July 11, 2018 September 13, 2019
  • 16:00
Employer-paid benefits to be subject to new B.C. health tax

Employer-paid benefits to be subject to new B.C. health tax

Benefits like employer-paid registered retirement savings plan contributions are among payroll components to be subject to British Columbia’s new employer health tax. The B.C. government…

  • By: Staff
  • July 5, 2018 September 13, 2019
  • 09:14
A look at three trends in pension plan design

A look at three trends in pension plan design

Plan sponsors often say they’re quite happy with their retirement savings plans. But is that position good enough to ensure an organization’s plan is competitive and…

  • July 3, 2018 September 13, 2019
  • 08:30
Editorial: Hints of a DB revival and other pension developments

Editorial: Hints of a DB revival and other pension developments

Visitors to BenefitsCanada.com who type in a web address for a broken link will find a page with a lighthearted reply that reads: “Like a…

Top 100 Pension Funds: How best to ensure pensioners get their dues?

Top 100 Pension Funds: How best to ensure pensioners get their dues?

Ken Eady understands the challenges a defined benefit pension plan can present for plan sponsors, particularly when they find themselves in financial difficulty. “Healthy companies…

Pension cuts part of latest contract offer for Ontario mine workers

Pension cuts part of latest contract offer for Ontario mine workers

After nearly two months of strike action, Compass Minerals International Inc. and hourly workers at its mine in Goderich, Ont., remain at a stalemate in…

Government benefit cuts, longevity among global trends affecting retirement readiness

Government benefit cuts, longevity among global trends affecting retirement readiness

The reduction in government benefits (38 per cent), life expectancy (27 per cent) and volatility in financial markets (24 per cent) are the most frequently…

  • By: Staff
  • June 6, 2018 September 13, 2019
  • 08:30
Study highlights cost differences between CPP, private pension plans

Study highlights cost differences between CPP, private pension plans

In comparing the Canada Pension Plan to private pensions, a new study finds the latter face more regulatory hurdles, are more complex and face higher…

  • By: Staff
  • June 5, 2018 September 13, 2019
  • 16:15
Schroders names Shawn Cohen as institutional director

Schroders names Shawn Cohen as institutional director

Schroders Investment Management Ltd. is appointing Shawn Cohen as institutional director, a role aimed at building relationships with defined contribution record keepers and third-party asset…

  • By: Staff
  • May 31, 2018 September 13, 2019
  • 16:15
CLHIA announces tweaks to advisor compensation disclosure guideline

CLHIA announces tweaks to advisor compensation disclosure guideline

The Canadian Life and Health Insurance Association is tweaking its approach to its compensation disclosure guideline, including a provision to allow advisors to deliver the information…

National retirement program for non-profit sector in the works

National retirement program for non-profit sector in the works

Retirement firm Common Wealth is part of a new effort aimed at creating a national, portable retirement plan for Canada’s non-profit sector. The goal of…

  • By: Staff
  • May 31, 2018 September 13, 2019
  • 10:11
New contract for Iron Ore workers includes pension, health benefits increases

New contract for Iron Ore workers includes pension, health benefits increases

United Steelworkers union members in western Labrador have ratified a five-year collective agreement that includes increases to medical benefits, pensions and wages. More than 1,300…

  • By: Staff
  • May 29, 2018 September 13, 2019
  • 15:30
Blue Pier launches customized, outsourced workplace pension

Blue Pier launches customized, outsourced workplace pension

Blue Pier is introducing a new customized, fully outsourced workplace pension plan to encourage all employers to offer retirement savings programs to their employees. The…

  • By: Staff
  • May 28, 2018 September 13, 2019
  • 15:05
Unions continue effort to convert multi-employer pension to target-benefit plan

Unions continue effort to convert multi-employer pension to target-benefit plan

As lobbying efforts intensify to keep Canadian Nuclear Laboratories’ employees in the public service pension, plans are moving ahead to convert a multi-union, multi-employer plan into a…

Ontario Liberals promise improved pension access, portability

Ontario Liberals promise improved pension access, portability

If re-elected, the Ontario Liberals are promising to expand access to workplace pension plans in the private sector, improve portability and create options for the self-employed…

  • By: Staff
  • May 25, 2018 September 13, 2019
  • 09:50
Are tontines a solution to Canada’s decumulation challenges?

Are tontines a solution to Canada’s decumulation challenges?

With the aging of Canada’s population, the move to defined contribution pension plans in the private sector and increases in life expectancy, the issue of…

  • May 21, 2018 September 13, 2019
  • 11:38