UAP supporting financial wellness with retirement toolkit
UAP Inc. is supporting employees’ financial wellness and retirement readiness with a new retirement toolkit. The toolkit, which launched this week, explains the company’s retirement…
Latest news in Communication
Head to head: Are employers’ financial literacy initiatives translating into reality?
One expert suggests employers bridge their knowledge gap by finding ways to turn education into action, while another says companies’ commitments to ongoing financial literacy…
- By: Benefits Canada
- November 15, 2024 November 13, 2024
- 08:59
How CAPSA’s fee transparency guidance is impacting plan sponsors
The Canadian Association of Pension Supervisory Authorities’ new plan sponsor guidelines surrounding investment fee transparency are a good first step, but require further development to…
- By: Blake Wolfe
- November 14, 2024 November 13, 2024
- 09:00
Nova Scotia to allow unlocking of pension benefits
The Nova Scotia government is updating the provincial Pension Benefits Act to allow the unlocking of pension benefits. Effective April 1, 2025, plan members aged…
- By: Staff
- November 11, 2024 November 8, 2024
- 09:00
2024 DC Investment Forum: Financial advice ‘paramount’ to DC plan members’ success as they save for, enter retirement
Canadian defined contribution plan members’ knowledge of target-date funds is lacking and it may point to a larger issue: the stakes set for member investment…
- By: Kelsey Rolfe
- November 6, 2024 November 4, 2024
- 07:55
CAP member outcomes continue to rise in Q3 2024: report
Despite declining annuity rates, Canadian capital accumulation plan members retiring at the end of September experienced some of the best outcomes in more than 13…
- By: Staff
- November 4, 2024 November 5, 2024
- 15:00
Amazon Canada’s new estate planning benefit key to financial wellness win
Amazon Canada’s commitment to unique financial wellness offerings led to a win at Benefits Canada‘s 2024 Workplace Benefits Awards on Oct. 18. The technology company was…
- By: Bryan McGovern
- October 28, 2024 November 6, 2024
- 09:00
2024 Risk Management Conference: TTC Pension Plan using due diligence, storytelling to communicate risk analyses to board
When communicating risk management posturing to executive boards, it’s important for pension plan sponsors to tell a cohesive and fulsome story, said Danny Ip, director of investment…
- By: Lauren Bailey
- October 21, 2024 October 21, 2024
- 07:52
2024 Risk Management Conference: Panel: Expanding access to DB pension plans best way to maintain sustainability
Longevity risk is still among the top concerns keeping defined benefit pension plan sponsors up at night. While a 62-year-old person that retired in 2002…
- By: Lauren Bailey
- October 21, 2024 October 21, 2024
- 07:50
2024 Top 50 DC Plans Report: How are plan sponsors using AI to affect pension member experience, savings outcomes?
The Co-operative Superannuation Society Pension Plan is in the middle of a years-long digital transformation that’s aiming to improve member experience. In addition to introducing…
- By: Kelsey Rolfe
- October 11, 2024 October 9, 2024
- 08:58
How CAPSA’s updated CAP guideline will impact plan sponsors, members
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,…
- By: Blake Wolfe
- September 24, 2024 September 24, 2024
- 09:00
2024 CAP Member Survey: How CAPs are supporting employee financial wellness amid growing economic uncertainty
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…
- By: Blake Wolfe
- September 13, 2024 October 7, 2024
- 08:56
How plan sponsors can support employees going through a divorce
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…
- By: Kelsey Rolfe
- September 13, 2024 September 12, 2024
- 08:54
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…
- By: Michael McKiernan
- June 21, 2024 June 20, 2024
- 08:55
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…
- By: Julius Melnitzer
- May 16, 2024 May 15, 2024
- 09:00
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…
- By: Lauren Bailey
- May 10, 2024 August 19, 2024
- 08:58
How DC plan sponsors can support women’s financial confidence
While women are increasingly becoming primary income earners, few women manage their own finances as they near retirement, said Elisha Ribeiro, national sales director for…
- By: Blake Wolfe
- May 10, 2024 May 6, 2024
- 07:59
AI can enhance DC pension communication, employee experience
Employers can leverage artificial intelligence to enhance the employee experience, including improvements to defined contribution pension communication, said John Bradley, director of emerging technologies at…
- By: Blake Wolfe
- May 10, 2024 May 6, 2024
- 07:58
A look at the Australian Retirement Trust’s approach to decumulation
Inspired by the University of British Columbia’s variable payment lifetime annuity option, the Australian Retirement Trust is taking a similar approach to decumulation, which, in…
- By: Blake Wolfe
- May 10, 2024 May 6, 2024
- 07:57
Association of Ontario Midwives Benefits Trust supporting employees with financial literacy, DC plan options
Financial literacy initiatives and a wide range of capital accumulation plan options are key components in supporting the financial health of midwives, said Nicole Mellin,…
- By: Blake Wolfe
- May 10, 2024 May 6, 2024
- 07:56
Just a third of U.K pension plan members feel they’ve saved enough to retire: survey
Only a third (31 per cent) of U.K. pension plan members say they have sufficient retirement savings, down slightly from 32 per cent in 2022,…
- By: Staff
- April 26, 2024 April 25, 2024
- 09:00
Ontario court sides with IBM in pension benefits rectification case
An Ontario Superior Court ruling that allowed IBM Canada Ltd. to retrospectively rectify drafting errors that created unintended additional pension benefits for employees on disability…
- By: Julius Melnitzer
- April 24, 2024 April 23, 2024
- 09:00
Clear, flexible regulations needed for target-benefit plans: report
Clear and flexible regulations that reflect the nature and diversity of target-benefit plans would allow these plans to thrive, according to a new report from…
- By: Staff
- March 19, 2024 March 18, 2024
- 09:00
OPB working with employers to receive salary information of employees impacted by Bill 124
The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the…
- By: Staff
- March 12, 2024 March 13, 2024
- 15:00