During Benefits Canada's annual DC Plan Summit, plan sponsors participated in interactive sessions. They split into small groups and were given questions to discuss. Based…
Saving enough for retirement is a concern for most, but what's more concerning may be how many aren't saving for retirement.
Pension funds contribute meaningfully to financial stability by helping to maintain the diversity of market behaviour and are "the Warren Buffetts of the financial system,"…
The Association of Canadian Pension Management believes that a new funding regime must be developed to preserve DB pension plans.
A little over two years ago, Daniel Kahneman wrote a seminal book on human behaviour and perceptions, titled Thinking, Fast and Slow. In the book,…
Panellists at Benefits Canada’s Benefits & Pension Summit in Toronto agreed that Canadians need to save more for retirement, but they were unable to agree…
While the first group of baby boomers has already begun to leave the workforce, employers can help provide information to those workers who are preparing…
The vast majority of capital accumulation plan members don’t have a financial plan, yet many still say they are prepared for retirement.
During Benefits Canada's annual DC Plan Summit, plan sponsors participated in interactive sessions. They split into small groups and were given questions to discuss. Based…
The decisions we ask employees to make at retirement are both complex and consequential. In many cases, there’s no going back. Whether you’re a DC…
It’s often difficult to reach out and influence DC plan member behaviour.
The Government of Alberta has put two pieces of pension reform legislation on hold for the time being.
As it turns out, everyone. Managing asset de-accumulation risk in capital accumulation plans was the hot topic of a recent ACPM breakfast, with presentations from…
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…