Nest Wealth Asset Management Inc. is launching a digital group registered retirement savings plan in an effort to make it easier for small- and medium-sized businesses to provide retirement…
The Co-operative Superannuation Society pension plan is one of Canada’s largest defined contribution plans, growing from its Saskatchewan roots in 1939 to include some 351 employers from across the…
With markets showing signs of potential extreme volatility in recent weeks, how can employers address the many questions that arise from pension plan members? When speaking to members, consultants…
Over the past 25 years, Canada’s retirement system has evolved significantly through new funding frameworks and federal and provincial reforms to facilitate innovation in plan…
In order to understand how much to save, the starting point should be determining a retirement budget. Not only will such an exercise help employees…
Plan sponsors, their members and record keepers have divergent views about the top priorities when it comes to their defined contribution pensions, according to a new report by…
Providing a defined contribution pension to employees since 1969, Western University is in a unique position to share how the landscape for these plans has evolved over time and…
Net returns in defined benefit pension plans were higher than net returns in defined contribution plans by an average of 0.46 per cent annually over the…
Ernst & Young has introduced an online retirement modelling tool to help employees prepare for life after work. Since its launch at the end of January,…
While 84 per cent of employers with capital accumulation plans didn’t intend to make any changes in 2017, many anticipated increasing their provision of financial advice services after…
Despite a rise in total contributions to registered retirement savings plans in 2016, the total number of contributors was down slightly, according to the latest census…
While retirement may not yet be at the top of millennials’ priority lists, it won’t be long before they arrive on the pension scene. How…
Global defined contribution plan assets are growing faster than defined benefit pension assets, according to a new report by the Thinking Ahead Institute and Willis Towers…
The Canadian Life and Health Insurance Association is seeking feedback on a number of areas related to its new compensation disclosure guideline. Last month, the…
The Saskatchewan Pension Plan is introducing a significant increase to the annual contribution limit available to participants. Effective immediately, the annual limit will rise to…
Aon Hewitt has developed a series of 10 questions for pension trustees to use to make sure they’re getting the most out of their relationships…
Since Canadians rely on a patchwork of incomes to fund their retirement, the worry by many of running out of money is a real possibility. A new…
While 2017 was a relatively uneventful year in terms of legislative changes affecting pension plans, 2018 promises to be more significant, at least for many defined benefit…
Alcoa Corp. is freezing its defined benefit pension plan for Canadian and U.S. salaried employees. Effective Jan. 1, 2021, the change affects approximately 800 workers who will move…
A proposed guideline setting out standards for the disclosure of intermediary compensation in group benefits and retirement services could have a big effect on the market. Dave Patriarche,…
Whether plan sponsors expect a bear or a bull market in 2018, if they’re in a position to de-risk their pension plan, they should do…
The Canadian Life and Health Insurance Association will be holding information sessions in the coming weeks about its new guideline for disclosing compensation to intermediaries…
The Pension Commission of Manitoba has raised the possibility of allowing for shared-risk plans as the province announces consultations on pension reforms ahead of planned…
As 2017 draws to a close, we turn our attention to the new year. As usual, there’s a lot happening in the Canadian pension environment. Below are…
Bankruptcy and its impact on company’s pension plans was a big story in 2017, with Sears Canada Inc. and Stelco Inc. grabbing the most headlines of the…