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…
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…
Time and time again, research reveals that defined benefit and target benefit plan members rank their annual pension statement as the single most important piece of…
Nearly two-thirds (65 percent) of global employees support auto-enrolment in workplace pension plans, according to a new report from the Aegon Centre for Longevity and Retirement…
The federal Office of the Superintendent of Financial Institutions has introduced several new disclosure amendments for the pension plans it regulates that will come into effect…
As companies consider their options around the Ontario Retirement Pension Plan, national employers with staff who work in Ontario and other provinces face additional questions about what to do.…
OTTAWA — While one business leader took a relatively soft tone towards the Ontario Retirement Pension Plan in remarks at a pension event yesterday, another…
Communication and a willingness to consider diverse groups have been key as Goodyear Canada has embarked on changes to its retirement offerings. Goodyear, which employs…
With many Canadians still reluctant to save for retirement, it’s time for plans to get more proactive about communicating the benefits of putting money away…
Expanding the Canada Pension Plan would be the best way to fend off the retirement crisis, presenters at the Standing Committee on Social Policy hearings…
The government of Ontario has assembled a nominating committee to recommend potential board members for the Ontario Retirement Pension Plan Administration Corporation. The chair of…
CSA Group has doubled employee participation in its defined contribution pension plan – from 40 per cent to 85 per cent – following a number of changes…
Should you beef up your defined contribution pension plan or axe it and enrol in the Ontario Registered Pension Plan instead? What if your plan is…
While the Ontario Retirement Pension Plan has provoked some apprehension about a potentially negative impact on defined contribution pension plans, a Benefits Canada survey of…
Canada’s workplace pension system is going through a recalibration due in part to an aging population and demographic shifts, declining coverage and unpredictable financial markets.…
The southern Alberta division of the Canadian Corps of Commissionaires has changed its defined contribution pension provider and structure in a bid to offer its 1,600 employees a…
Many plan sponsors aren’t aware of the level of oversight required for their defined contribution pension plans and the legal risks that comes along with…
Defined contribution pension plans put a significant onus on individuals to make decisions about their own retirement investments, something that leaves financial outcomes vulnerable to…
How has the retirement landscape changed over time and what can we expect in the future? Not surprisingly, people are living longer and, in many…
Decumulation is a growing and challenging issue for defined contribution pension plan sponsors. But one plan sponsor, the University of British Columbia faculty pension plan,…
At the Public Employees Pension Plan in Saskatchewan, a key focus is on treating plan members like customers to help improve their outcomes. “If we…
All the articles from the event can be found in our special section: DC Plan Summit 2016. Looking for photos from other events? Check out…
While a strong default option is crucial, plan sponsors shouldn’t forget about the importance of effective member engagement when it comes to their pension plans.…
When it comes to pensions, effective member engagement requires tailored efforts, said David Morrell, director of university benefits at the State University of New York.…
Everyone has heard the statistic that replacing 70 per cent of pre-retirement earnings will lead to retirement income adequacy. But where did that magic number…