Nearly 60 top influencers in the benefits, pension and investment industries gathered for a luncheon at the Arcadian Court in Toronto on Oct. 20 to…
When staffers on the comedy show Last Week Tonight joined a new 401(k) plan, they were set to pay 1.69 per cent in administrative expenses,…
How can plan sponsors encourage their employees to make better investment decisions? And what can they do to address the different behavioural tendencies across different…
Low interest rates, poor stock market returns and ongoing volatility are making it increasingly challenging to find investment solutions that will help plan members reach…
With U.S. investors under 30 putting a large portion of their defined contribution pension investments in target-date funds, the industry is growing quickly, Vanguard’s Matthew…
As the trend toward defined contribution pension plans continues to take shape, concern is growing over the potential for investors’ behavioural biases to affect their…
As defined contribution plans continue to transition from being a supplement to defined benefit pensions to become a mainstay of the retirement system, plan sponsors…
Instead of focusing only on retirement, a defined contribution pension plan should aim for smooth consumption throughout a member’s lifetime, BlackRock Inc.’s Matthew O’Hara told…
With three generations active in the workforce and another group about to join, defined contribution pension plan sponsors must consider the unique needs and behaviours…
Walk into Winnipeg’s Woodhaven Community Club on a Tuesday afternoon, and you’ll likely find a group of men in their 60s, 70s and 80s. They…
Deciding what to buy your secret Santa can get tricky. A Starbucks gift card? They might be devoted to Tim Horton’s. Homemade cookies? They might…
Nearly a third (29 per cent) of Canadians are distracted at work as a result of their personal financial situation, according to Sun Life Financial’s…
Aviva Investors has launched its multi-strategy target return private pooled fund in Canada and partnered with OPTrust, which has made the first investment into the…
An article on how the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline will impact plan sponsors and members was the most-read story…
While the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline contains several key updates with regard to plan sponsor and member responsibilities,…
In 2023, the world’s 300 largest pension funds’ assets under management increased by 10 per cent to US$22.6 trillion, compared to $20.6 trillion at the…
The International Centre for Pension Management is celebrating 20 years of promoting strong pension governance practices by regularly engaging plan sponsor members, says Sebastien Betermier, the organization’s…
With many Canadian defined benefit pension plans in a strong funded position, plan sponsors, particularly those with unionized workforces, are increasingly discussing the use of…
The federal government is currently seeking recommendations about its plan to introduce solvency reserve accounts for federally regulated defined benefit pension plans. Under the government’s…
From 2016 to 2024, fewer plan members are confident they’ve saved enough for retirement. Indeed, Benefits Canada’s 2024 CAP Member survey found plan members’ optimism…
Going through a divorce can be an extremely stressful and emotional experience and, unsurprisingly, the impacts can spill into the workplace. “[Employees may be] at…
When Phillip Kotanidis took over as chief human resources officer at Toronto’s Michael Garron Hospital in 2018, the financial well-being of staff wasn’t exactly high…
As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says…
Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…
Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…