Rethink your approach towards mature employees
Baby boomers are saying they plan to work longer. This can be good or bad news. Many companies can benefit from keeping their mature workers…
- By: Ofelia Isabel
- November 18, 2015 September 13, 2019
- 09:57
Baby boomers are saying they plan to work longer. This can be good or bad news. Many companies can benefit from keeping their mature workers…
Five major Canadian pension funds lost $2.4 billion during the last half of 2014 as a result of investing in fossil fuel assets, thestar.com reports.…
The Canada Revenue Agency recently announced that the maximum pensionable earnings under the Canada Pension Plan for 2016 will be $54,900, up from $53,600 in…
Three Canadian pension funds have signed a deal to buy the company that operates the Chicago Skyway toll road for US$2.8 billion. The Canada Pension…
Finance Minister Bill Morneau will be meeting with his provincial and territorial counterparts as soon as possible to start working on increasing the CPP benefit,…
Many Canadians don’t know how much they will need to save for retirement on their own and to what extent they should rely on government…
Canada’s governments should act now to reform the Canada Pension Plan, says the Canadian Institute of Actuaries. Federal and provincial governments have a “once-in-a-generation opportunity…
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…
Many Canadians in their late 40s and early 50s have large amounts of debt and little savings for retirement, CBC reports. On top of that,…
Canadian DB pension plans are taking a more proactive and long-term approach to risk in an effort to better cope with volatility. These are the…
The federal department in charge of retirement benefits has quietly been reviewing its protocols amid concerns that military spouses were wrongfully being rejected for old…
Edwin Cass, senior vice-president and chief investment strategist for the Canada Pension Plan Investment Board (CPPIB) spoke about the pension fund’s investment framework at the…
It doesn’t take much to make a B.C. registered pension plan (or a plan registered in another provincial jurisdiction with B.C. members) quickly become non-compliant…
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…
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…
Marcie Frost, chief executive officer at the California Public Employees’ Retirement System, is receiving a significant bonus that will boost her compensation to more than…
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…