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National financial literacy committee adds CPPIB and CLHIA execs

National financial literacy committee adds CPPIB and CLHIA execs

Fifteen leaders representing all sectors have been named to the National Steering Committee on Financial Literacy, including the Canada Pension Plan Investment Board’s Michel Leduc…

  • By: Staff
  • February 15, 2017 September 13, 2019
  • 09:01
Fewer Canadians contributing to RRSPs: Statistics Canada

Fewer Canadians contributing to RRSPs: Statistics Canada

Between 2000 and 2013, fewer and fewer 25- to 54-year-olds used registered retirement savings plans, a study from Statistics Canada has found. The number of…

  • By: Staff
  • February 14, 2017 September 13, 2019
  • 10:37
Sounding Board: Tips for overcoming the hurdle of pension plan disengagement

Sounding Board: Tips for overcoming the hurdle of pension plan disengagement

At a time when 11 million Canadians don’t have a workplace pension plan, it makes good sense for those who do to learn about their…

Benefits Canada turns 40 this year

Benefits Canada turns 40 this year

2017 is a big year for Benefits Canada as the publication celebrates its 40th anniversary. Over the years, the magazine’s activities have expanded to include…

Employers challenged by trend towards delayed retirement

Employers challenged by trend towards delayed retirement

As Canada’s population ages and concerns about retirement income adequacy mount, employers will need to not only reassess their pension and benefits programs but also…

  • By: Jann Lee
  • January 17, 2017 September 13, 2019
  • 08:57
Employer preparations for CPP reform off to slow start, survey finds

Employer preparations for CPP reform off to slow start, survey finds

Despite the federal government’s plan to move ahead with reforms to the Canada Pension Plan, a recent survey by Aon Hewitt has found only 35…

  • By: Jann Lee
  • January 16, 2017 September 13, 2019
  • 16:48
Treat Ontario pension changes as a chance to reassess plan communications

Treat Ontario pension changes as a chance to reassess plan communications

Two new legislative requirements in Ontario will have an impact on pension plan communication in 2017. First, as of Jan. 1, 2017, organizations of all…

Top 10 pension and investment stories of 2016

Top 10 pension and investment stories of 2016

2016 was certainly an interesting year for the pension and investment industries. It was a year of political moves that rocked stock markets, a number…

  • By: Staff
  • December 29, 2016 September 13, 2019
  • 09:01
Former New York pension official accused of accepting $100,000 in bribes

Former New York pension official accused of accepting $100,000 in bribes

Federal authorities allege that a former official at the pension fund for New York state public employees took bribes that included prostitutes, strippers, cocaine and a…

The employer’s role in addressing the psychological roots of overspending

The employer’s role in addressing the psychological roots of overspending

We’ve all heard over and over again that Canadians spend more than they earn, a trend that has been around for a couple of generations.…

  • December 19, 2016 September 13, 2019
  • 09:22
Generational confidence about retirement doesn’t match savings in 2016: survey

Generational confidence about retirement doesn’t match savings in 2016: survey

Despite the fact that 59 per cent of generation Xers have saved some of their income for retirement in 2016, just 35 per cent of…

Workplace Benefits Awards’ winners celebrate success

Workplace Benefits Awards’ winners celebrate success

Nearly 60 top influencers in the benefits, pension and investment industries gathered for a luncheon at the Arcadian Court in Toronto on Oct. 20 to…

How plan sponsors can avoid U.S.-style lawsuits over DC fees

How plan sponsors can avoid U.S.-style lawsuits over DC fees

When staffers on the comedy show Last Week Tonight joined a new 401(k) plan, they were set to pay 1.69 per cent in administrative expenses,…

Financial woes distracting Canadians at work: survey

Financial woes distracting Canadians at work: survey

Nearly a third (29 per cent) of Canadians are distracted at work as a result of their personal financial situation, according to Sun Life Financial’s…

  • By: Jann Lee
  • December 9, 2016 September 13, 2019
  • 09:30
Federal target-benefit conversions face an uphill battle

Federal target-benefit conversions face an uphill battle

While it may be true that there’s nothing new under the sun in the pension world, target-benefit plans may prove the exception. In the traditional…

  • December 2, 2016 September 13, 2019
  • 08:50
Ontario spent $800K on ads after cancelling ORPP

Ontario spent $800K on ads after cancelling ORPP

The Ontario government spent $793,925 on new advertising out of the budget for the Ontario Retirement Pension Plan after cancelling the program, according to documents…

Domtar hosts total reward week to raise employee benefits awareness

Domtar hosts total reward week to raise employee benefits awareness

Domtar Corp. hosted its first total reward week at its Canadian head office in Montreal at the end of September to help employees understand their…

How to bring financial literacy into the workplace

How to bring financial literacy into the workplace

With November marking Canada’s financial literacy month, now is a great time for employers to address the need for financial education in the workplace, says…

  • By: Jann Lee
  • November 16, 2016 September 13, 2019
  • 09:30
Pension industry hamstrung in efforts to find missing plan members

Pension industry hamstrung in efforts to find missing plan members

Despite pension administrators’ best efforts, missing members are a significant challenge for many plans. With no standardized method for searching for them, plans tend to…

Workplace Benefits Awards: Leaders discuss solutions to cost challenges at Benefits Canada roundtable

Workplace Benefits Awards: Leaders discuss solutions to cost challenges at Benefits Canada roundtable

Although rising costs for pension and benefits plans continue to be a concern for employers, many plan sponsors are finding ways to address the challenges…

  • By: Jann Lee
  • November 14, 2016 September 13, 2019
  • 09:00
Convergint Technologies hosts No Spender November effort to boost financial awareness

Convergint Technologies hosts No Spender November effort to boost financial awareness

Convergint Technologies is hosting what it calls a No Spender November effort this month to encourage its employees to be more aware about their individual…

Feds appealing decision in $40M tax dispute with bcIMC

Feds appealing decision in $40M tax dispute with bcIMC

The federal government is appealing a B.C. court ruling in a dispute over whether the British Columbia Investment Management Corp. (bcIMC) owes it more than…

  • By: Glenn Kauth
  • November 7, 2016 September 13, 2019
  • 09:00
MPs and cabinet forced to reimburse pension overpayment

MPs and cabinet forced to reimburse pension overpayment

All of Canada’s members of Parliament and the entire cabinet will be forced to make retroactive payments into their pension plans following technical glitches in…

  • By: Staff
  • November 4, 2016 September 13, 2019
  • 08:55

Canada’s retirement system receives B grade from global pension index

Canada’s retirement system maintained its score of a B on the 2016 Melbourne Mercer Global Pension Index, indicating a sound structure, many good features and…

Manitoba offers pension deferral to prospective pulp mill buyer

Manitoba offers pension deferral to prospective pulp mill buyer

The Manitoba government has approved a deferral of pension payments to help the sale of the troubled Tolko Industries pulp and paper mill in The…