The annual contribution room for tax-free savings accounts (TFSAs) recently went up to $10,000, which means Canadians can now use them to build real wealth,…
Employment and Social Development Canada has announced the quarterly benefit amounts for Old Age Security (OAS) for October to December 2015.
Considering switching consultants? Make sure you understand the process.
Canada’s largest private-sector union, Unifor, has backed the NDP’s decision to support expanding the Canada Pension Plan (CPP). “Dignity in retirement begins with a secure…
NDP leader Tom Mulcair took his campaign to downtown Toronto today to announce that he would boost an old-age benefit.
Ontario’s Associate Minister of Finance Mitzie Hunter defended the Ontario Retirement Pension Plan during a recent visit to Ottawa. In an interview with the Ottawa…
The Canada Pension Plan Investment Board (CPPIB) had a small investment loss after costs in the first quarter of the 2016 financial year but the…
Over the years, a growing chorus of voices has been pleading with the provinces to lighten up on the overburden of pension regulation and give…
In the world of pensions and benefits, members face two kinds of surprises. There’s the bad kind, such as when they discover they’ve missed a…
The time is right to shore up our retirement system, and the Ontario Retirement Pension Plan (ORPP) is a step in the right direction.
In May, the Conservative government said it will look into allowing Canadians to voluntarily put more of their earnings into the Canada Pension Plan. Announced…
Finance Minister Joe Oliver is telling Ontario the federal government will not co-operate in any way with the province's move to create its own pension…
Could robo-advisors be the nudge plan sponsors need to offer members investment advice?
Greece is on the verge of an economic collapse and its pension system is partially to blame.
A lockout at the Halifax Regional Water Commission continues after the latest round of talks ended without agreement between the utility and the union for…
The quarterly benefit amounts for Old Age Security (OAS) for July to September 2015 have been announced by Employment and Social Development Canada.
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…
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…
How to handle the payout phase is one of the most important issues facing DC plan sponsors today. Benefits Canada’s 2015 DC Plan Summit delved…
If you’re a pension or benefits plan sponsor, you need a documented communication policy. Why? Not because it’s a legal requirement. And not just to…
When the Task Force on Financial Literacy released its recommendations a few years ago on how to make Canadians better understand financial concepts, this prompted…
Ottawa needs to change federal tax rules so that they accommodate single-employer target benefit plans, according to a C.D. Howe Institute report.
Faced with growing pension risks, do target benefit plans offer security for sponsors?
If baby boomers aren’t prepared for retirement, who’s going to pick up the slack?
I’m lucky. I belong to the minority of Canadians whose company offers a defined benefit pension plan. But I don’t contribute to it. My colleagues…