Better strategic design of group retirement plans and raising contribution rates can help employers improve employees’ retirement savings, according to the 2015 Capital Accumulation Plan…
Sun Life Financial reported a fourth-quarter profit of $419.6 million on Wednesday. On a per-share basis, the Toronto-based company said it had profit of 65…
Canada’s top economists, strategists and portfolio managers expect tepid growth for Canada in the near term, which will result in continued low interest rates, modest…
Whether Prime Minister Justin Trudeau’s promise to enhance the CPP can shift from being a mere campaign pledge to becoming reality hinges on the provinces—and…
For capital accumulation plan (CAP) members, it’s tough trying to save money for retirement. How much should I save? How much is actually enough for…
The majority of American employees (79%) would prefer new or additional benefits or perks to a pay increase, according to the the Glassdoor Q3 2015…
Despite a maturing of DC plans in Canada, the Towers Watson 2015 Global Pension Assets Study shows they still only account for about 4% of…
Plan participants in the United States believe their retirement plans should offer responsible investment options and having these options would favourably affect their attitudes toward…
Aegon, through an affiliate of its Transamerica unit, has reached an agreement to acquire Mercer's American DC administration book of business for an undisclosed amount.
Many commentators assert that people are saving less for retirement as a result of the shift from DB to DC plans.
Retirement is on employers’ minds. Employers are revisiting how they view their retirement programs and how they view their role when active employees become retirees,…
In both developed and developing economies, the risk of poverty in old age falls disproportionately on women, the Financial Times reports.
The market value of Canadian employer-sponsored pension funds totalled $1.6 trillion at the end of the first quarter, up 6.9% from the fourth quarter of…
Total assets of the world's largest 300 pension funds grew by more than 3% in 2014 (compared to around 6% in 2013) to reach a…
DC plan members in the United States did some panic selling in the past two weeks, trading out of stocks and into bonds, research shows.
Pre-retirees in the United States report a high level of confidence when their savings are on auto-pilot, a survey finds.
Over the next several years, workers without access to a workplace pension plan will be required to participate in a new savings vehicle but it's…
Over the years, a growing chorus of voices has been pleading with the provinces to lighten up on the overburden of pension regulation and give…
Enhanced offerings to make it easier for employees to save for retirement, combined with the growing U.S. economy, have stimulated employee contribution rates and account…
A day after Netflix announced it would extend parental leave for its American employees, Microsoft is following suit.
The time is right to shore up our retirement system, and the Ontario Retirement Pension Plan (ORPP) is a step in the right direction.
In May, the Conservative government said it will look into allowing Canadians to voluntarily put more of their earnings into the Canada Pension Plan. Announced…
Capital accumulation plan (CAP) sponsors and members continue to wrestle with the concept of “adequate” retirement income.
The federal government has launched a public comment period for an agreement intended to streamline the oversight of pooled registered pension plans (PRPPs).
The main deterrent for some employers is the increased costs that would result. Another reason is, employers prefer not to force enrollment on employees who…
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