Canadian plan sponsors aren’t yet ready to offer financial wellness programs and don’t believe there’s a need for them. They also don’t want to be…
Quebec has introduced a bill that makes major changes to the funding rules for private sector DB plans, says an Eckler Special Notice. Bill 57…
Most plan sponsors agree on the importance of providing some form of qualified advice to plan members, which reflects a shift in risk appetite. Sponsors…
When I get ticked off with something a man does, I usually say, “Well, they die sooner.” And that’s true: Statistics Canada’s 2009 numbers put…
Canadians are missing out on billions of dollars of potential retirement savings every year by not taking full advantage of matching contributions by their employers…
When DC plan sponsors use behavioural economics, it can create better outcomes for DC plan members.
The last bastion of DB plans—the public sector—is under attack, but there’s still life in the DB model
The Government of Newfoundland and Labrador has agreed to contribute more than $1.8 billion in the form of a promissory note to the Teachers' Pension…
The largest Canadian pension plans saw their combined liabilities increase to $179 billion from $154 billion and their overall financial health decline in 2014, a…
Some Quebecers may have to delay their retirement plans if the provincial government succeeds in a plan to push back the age at which they…
The market value of Canadian employer-sponsored pension funds grew by 3% to $1.5 trillion in the fourth quarter of 2014, marking a sixth consecutive quarterly…
The main challenges of retirement savings—plan participation, contribution rates, and portfolio diversification—are being met head-on by sponsors through their plan and investment menu design decisions,…
Every organization is unique. If you want to understand the best ways to communicate with your employees, you need to ask them. That said, your…
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…