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Report calls for more illiquid assets in DC pension plans’ target-date funds

Diversifying target-date funds by incorporating illiquid assets — such as private equity, real estate and infrastructure — could result in a 0.15 per cent annual…

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37% of U.S. employers say attraction, retention is No. 1 reason to offer non-qualified retirement plans: survey

More than a third (37 per cent) of U.S. employers that offer a non-qualified retirement plan say attraction and retention of key talent is their…

  • By: Staff
  • August 17, 2023 August 16, 2023
  • 09:00
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43% of U.S. DC pension plan sponsors offering auto-escalation: survey

More than two-fifths (43 per cent) of U.S. defined contribution pension plan sponsors say their plan offers automatic escalation, up from 21 per cent in…

  • By: Staff
  • August 15, 2023 August 15, 2023
  • 15:00

Majority of U.K. DB pension plan sponsors favour annuity buyout as long-term strategy: survey

More than half of U.K. defined benefit pension plan sponsors say they’d consider ways of securing benefits for their members beyond insurance-based solutions, according to a…

  • By: Staff
  • August 15, 2023 August 14, 2023
  • 10:00
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How employers can alleviate labour challenges by supporting older workers who want to stay on the job

Employers can alleviate labour challenges by supporting older employees who want to continue working through training and opportunities, says Lisa Taylor, an associate fellow at…

Community Support Centre, Unifor agreement includes group RRSP, benefits gains

The union representing employees at Community Support Centre-Northwest in Dryden, Ont. has ratified a three-year agreement that includes retirement savings and benefits gains. The agreement…

  • By: Staff
  • August 15, 2023 August 15, 2023
  • 09:00
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U.S. workers say they’ll need average of $4,940 a month income in retirement: survey

U.S. workers forecast they’ll need an average $4,940 monthly income to enjoy a comfortable retirement, according to a new survey by Schroders. The survey, which…

  • By: Staff
  • August 14, 2023 August 14, 2023
  • 15:00

Top 5 HR, benefits, pension and investment stories of the week

An article on how Yellow Corp.’s bankruptcy will impact Canadian workers’ pensions was the most-read story on BenefitsCanada.com over the last week. Here are the five most…

  • By: Staff
  • August 11, 2023 August 10, 2023
  • 09:00

Editorial: Deciphering the data

I’m sitting down to write this on the hottest day so far in 2023. Environment Canada has issued a multi-day heat warning in my region…

ChatGPT a game-changer for benefits communication, but risks remain with full automation: expert

While ChatGPT is helping benefits communications become more efficient, detailed and reliable, the risks may outweigh the rewards when it comes to full automation, says…

2023 Consultants Report: How are consultants helping plan sponsors make the most of their benefits, retirement data?

In 2022, Xero sent out a global survey to all of its employees asking them to rank the most important components of its total rewards…

2023 CAP Member Survey: How CAPs are evolving to address changing financial priorities

With Canadians’ financial priorities shifting alongside a turbulent economic climate, including inflation levels not seen in decades and a never-ending rise in the cost of…

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Report finds Canadian pension risk transfer market saw $7.8BN in transferred liabilities in 2022

Canada’s pension de-risking market saw a record-breaking year in 2022, with $7.8 billion in transferred liabilities and 155 transactions, according to a new report by…

2024 Vancouver Benefits Summit: How Telus is making well-being, mental health a cultural priority

Telus Communications Inc. is ensuring employees bring their best self to the job by supporting their well-being both in the workplace and at home, said…

2024 Top 100 Pension Funds report: Employees’ financial wellness moving up the agenda for pension plan sponsors

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…

Dollar cap matching could more equitably distribute 401(k) contributions, reduce plan sponsor costs: report

Dollar cap match formulas could distribute employer contributions to 401(k)s more equitably than other common match formulas, according to a new report by Vanguard Inc.…

  • By: Staff
  • June 11, 2024 June 11, 2024
  • 09:00

Top 5 HR, benefits, pension and investment stories of the week

A story on how group insurers can help plan sponsors provide adequate coverage and ensure appropriate use of treatments for rare diseases was the most-read…

  • By: Staff
  • July 12, 2024 July 11, 2024
  • 09:00

Blair Morrison retiring from BCFSA

Blair Morrison, chief executive officer and chief statutory officer of the British Columbia Financial Services Authority, is retiring in early 2025 after more than five…

  • By: Staff
  • July 9, 2024 July 8, 2024
  • 09:00

Unions welcoming equitable pension reform for frontline public safety, law enforcement workers

The federal government recently announced plans to introduce legislation in the fall expanding pension eligibility to frontline public safety and law enforcement workers in Canada.…

Top 5 HR, benefits, pension and investment stories of the week

An article highlighting CGI Group’s initiatives for Mental Health Awareness Month was the most-read story on BenefitsCanada.com this week. Here are the top five human…

  • By: Staff
  • May 24, 2024 May 23, 2024
  • 09:00

Saskatchewan arbitrator sides with Canadian Blood Services in pension contributions case

A Saskatchewan arbitrator has ruled that Canadian Blood Services doesn’t owe an employee eight years of retroactive pension contributions because it took the proper steps…

How PepsiCo Canada’s savings program is helping employees achieve financial security at any stage in life

PepsiCo Canada is baking flexibility into its retirement savings benefits to support employees’ financial security amid the rising cost of living. To help employees reach…

How Ontario pay transparency legislation will impact employers

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 using budget workshops, interactive game to support employee financial wellness

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…

  • By: Sadie Janes
  • November 24, 2023 November 23, 2023
  • 09:00

2023 Healthy Outcomes Conference: A closer look at the mental, physical, financial risk factors facing plan members

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…