Latest news in Capital accumulation plans

Have your say: Are you planning to change the design of your pension or benefits plan?

Have your say: Are you planning to change the design of your pension or benefits plan?

With cost containment a key concern for sponsors of benefit and pension plans, are you planning on making changes to your plan design in the…

  • By: Staff
  • July 18, 2016 September 13, 2019
  • 20:00
What are British pension plans’ top post-Brexit concerns?

What are British pension plans’ top post-Brexit concerns?

The top post-Brexit concern among defined benefit pension plans is the need for employers and trustees to discuss funding impact, cited by 58 per cent…

  • By: Staff
  • July 18, 2016 September 13, 2019
  • 10:55
IBM ordered to pay $23M to staff in connection to pension change

IBM ordered to pay $23M to staff in connection to pension change

IBM has been ordered to pay more than $23 million to 451 active and retired employees of its plant in Bromont, Que., a decade after…

Starbucks increases health benefits, stock plan and pay for U.S. employees

Starbucks increases health benefits, stock plan and pay for U.S. employees

Starbucks is launching an online health benefits platform, doubling its annual stock award program and raising base pay by at least five per cent for…

Women 80% more likely to be in poverty after retiring than men: study

Women 80% more likely to be in poverty after retiring than men: study

The average income for American women age 65 and older is 25 per cent lower than for American men in the same age group, according…

  • By: Staff
  • July 13, 2016 September 13, 2019
  • 08:36
Have your say: Who do you agree with in the Canada Post labour dispute?

Have your say: Who do you agree with in the Canada Post labour dispute?

With labour negotiations at Canada Post Corp. centred on a proposal to close its defined benefit pension plan in favour of a defined contribution component for new…

  • By: Staff
  • July 12, 2016 September 13, 2019
  • 08:05
What are U.S. pension plan sponsors’ top concerns?

What are U.S. pension plan sponsors’ top concerns?

Investment volatility (52 per cent), retirement benefit costs (49 per cent) and regulatory compliance (47 per cent) are U.S. employers’ top three concerns now and for…

  • By: Staff
  • July 8, 2016 September 13, 2019
  • 09:17

Most Canadian workers would leave job for better retirement support: survey

Seventy-seven per cent of Canadian employees would leave their jobs for better retirement support, according to new research by ADP Canada. The survey, which polled…

  • By: Staff
  • July 7, 2016 September 13, 2019
  • 08:37
Canada Post sticks to DC stance in issuing lockout notice to union

Canada Post sticks to DC stance in issuing lockout notice to union

Canada Post Corp. is sticking to its proposal to introduce a defined contribution pension plan for new workers as it issues a 72-hour lockout notice…

  • By: Staff
  • July 5, 2016 September 13, 2019
  • 09:42
71% of employers to focus on employees’ financial well-being: survey

71% of employers to focus on employees’ financial well-being: survey

Nearly three-quarters (71 per cent) of employers said they intend to focus on employees’ financial well-being in ways that expand beyond retirement decisions, according to…

  • By: Staff
  • June 30, 2016 September 13, 2019
  • 16:55
What’s a robo-advisor?

What’s a robo-advisor?

Robo-advisors represent the latest evolution of financial advice services and reflect the larger trend towards financial technology. By using software algorithms to assess investor risk…

A look at Canada’s financial literacy strategy

A look at Canada’s financial literacy strategy

The focus on financial literacy took an upswing in 2014 when Canada’s first financial literacy leader, Jane Rooney, met with stakeholders and held consultations across…

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‘Exciting time for retirement’ as CPP deal signals premium boost to 5.95%

Ottawa has reached an agreement in principle with most of the provinces to expand the Canada Pension Plan for the first time in nearly 20…

Despite complexities, expanded CPP the right call

Now that the finance ministers have reached an agreement on Canada Pension Plan expansion, you’d think we could all breathe a sigh of relief and…

Beware the legal risks of providing financial advice to staff

Beware the legal risks of providing financial advice to staff

Once Canadians have graduated from high school or postsecondary education, there isn’t really a formal environment that supports and facilitates group learning around issues like…

Clear objectives, transparency key to ensuring pension plan sustainability

Clear objectives, transparency key to ensuring pension plan sustainability

Much like the Greek philosopher Diogenes of Sinope and his search for an honest man, pension plan stakeholders have been seeking a sustainable plan design…

Robo-advisors eyeing the group pension market

Robo-advisors eyeing the group pension market

The pension industry has seen a number of issues disrupt the group retirement market recently. They include low interest rates, financial crashes, the switch to…

What are the legal risks of CAPSA’s projected account balance guideline?

What are the legal risks of CAPSA’s projected account balance guideline?

One sure way for sponsors of defined contribution pension plans to attract the attention of class action lawyers is to tell members what the value…

Have your say: What should happen at this week’s CPP talks?

Have your say: What should happen at this week’s CPP talks?

With finance ministers discussing potential enhancements to the Canada Pension Plan in Vancouver today, what would you like to see come out of today’s talks?…

  • By: Staff
  • June 20, 2016 September 13, 2019
  • 10:00
Alberta publishes interpretive guidelines for workplace pensions

Alberta publishes interpretive guidelines for workplace pensions

The Alberta Superintendent of Pensions has released four interpretive guidelines to explain various legislative requirements around workplace pension plans that are registered in the province.…

  • By: Staff
  • June 20, 2016 September 13, 2019
  • 09:24
Retiree spending drops off after age 70, so indexing pensions is unnecessary: study

Retiree spending drops off after age 70, so indexing pensions is unnecessary: study

Automatically raising workplace pension contributions in tandem with the cost of living is unnecessary because Canadian retirees spend less money once they reach age 70,…

Canadians overly confident about retirement preparation: study

Canadians overly confident about retirement preparation: study

Many working Canadians aged 50 and older are overly confident about their level of retirement preparation, a new study from Morneau Shepell has found. Their…

  • By: Staff
  • June 16, 2016 September 13, 2019
  • 09:12
Pension association calls for flexibility and clarity in CAPSA governance guidelines

Pension association calls for flexibility and clarity in CAPSA governance guidelines

The Association of Canadian Pension Management is asking the Canadian Association of Pension Supervisory Authorities to allow for some flexibility in its revised guidelines on…

  • By: Staff
  • June 15, 2016 September 13, 2019
  • 09:40
62% of Canadians would pay for better retirement benefit: survey

62% of Canadians would pay for better retirement benefit: survey

Nearly two-thirds (62 per cent) of Canadian employees would be willing to pay more out of their paycheque in order to receive a more generous…

  • By: Staff
  • June 15, 2016 September 13, 2019
  • 09:00

The pros and cons of employee share purchase plans

Many companies – including Great-West Life, Starbucks and WestJet – offer employee share purchase plans to employees with the expectation of employee retention and entrepreneurial thinking. You may…

  • June 15, 2016 March 27, 2021
  • 08:52