Latest news in Retirement

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Top 5 HR, benefits, pension and investment stories of the week

A pair of articles on Benefits Canada‘s 2022 Workplace Benefits Awards winners were among the most-read stories on BenefitsCanada.com over the last week. Here are the five…

  • By: Staff
  • October 28, 2022 October 28, 2022
  • 09:00

Equitable Bank recognized for comprehensive financial wellness program

Equitable Bank’s comprehensive financial literacy seminars led to a win in the Financial wellness category at Benefits Canada’s 2022 Workplace Benefits Awards on Oct. 18. During the coronavirus…

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Report urges DC pension plan sponsors to focus on decumulation

Capital accumulation plan sponsors need to focus on providing lifetime retirement income for plan members amid the growth of decumulation solutions such as advanced life…

  • By: Staff
  • October 25, 2022 October 25, 2022
  • 15:00

Sounding Board: Shifting from retirement planning to longevity planning

In conversations with pre-retirees, retirees and industry professionals, there’s a growing recognition that retiring is often the easy part — it’s figuring out what they’re…

  • By: Mike Drak
  • October 25, 2022 October 24, 2022
  • 09:00

LifeLabs wins award for holistic, flexible well-being strategy

LifeLabs Inc.’s holistic well-being strategy led to its win in the Coronavirus and benefits category for an employer with more than 1,000 employees at Benefits Canada‘s…

2022 DCIF: Using behavioural finance concepts to improve DC plan participation, contribution rates

Alongside the steady decline of defined benefit pension coverage in Canada, defined contribution plans have seen a massive growth — “a secular shift of responsibility…

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Top 5 HR, benefits, pension and investment stories of the week

An article on the lack of benefits provided by small- and medium-sized employers in Eastern Canada was the most-read story on BenefitsCanada.com over the last…

  • By: Staff
  • October 14, 2022 October 13, 2022
  • 09:00
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Amendments to insolvency legislation would secure DB pensions, say retiree organizations

Six organizations representing Canadian retirees say proposed amendments to the federal Bankruptcy and Insolvency Act would have a positive impact on defined benefit pension plan…

  • By: Staff
  • October 14, 2022 October 13, 2022
  • 09:00

Head to head: Should employees be saving for retirement or focusing on other financial priorities?

As Canadians face continued economic uncertainty, a recent university graduate and a long-time teacher share their views on balancing different financial priorities. Sul Mahmood, age…

  • By: Leah Golob
  • October 14, 2022 October 14, 2022
  • 08:59

2022 Top 50 DC Plans Report: How are DC pension plans evolving?

While defined contribution pension plans currently outnumber defined benefit pension plans, this wasn’t always the case, recalls Bita Jenab, a principal at RetirementWorks Services Inc.…

45th anniversary column: Major shifts in benefits and their implications for employers

Our industry sometimes gets a bad rap for being overly traditional and slow to change. But there’s no question we’ve seen some major shifts in…

45th anniversary column: How employee benefits have changed in the last 45 years

I was a little daunted to write a piece for Benefits Canada’s 45th anniversary issue — it has been almost 15 years since I last…

  • By: Don Bisch
  • October 14, 2022 November 8, 2022
  • 08:52
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Canada’s retirement system remains strong, but DC pension plans facing inflation risks: report

While Canada’s pension system continues to rank well globally, the current economic environment poses particular risks for defined contribution pension plan sponsors and members, according…

  • By: Staff
  • October 13, 2022 October 12, 2022
  • 09:00
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Saskatchewan pharmacy professionals joining CAAT’s DBplus pension

The Saskatchewan College of Pharmacy Professionals is joining the Colleges of Applied Arts and Technology pension plan’s DBplus arrangement. “I did a lot of research…

  • By: Staff
  • October 11, 2022 October 7, 2022
  • 09:00

Top 5 HR, benefits, pension and investment stories of the week

An article on Ontario’s incoming electronic monitoring policy was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories…

  • By: Staff
  • October 7, 2022 October 6, 2022
  • 09:00

How employers can help shrink Canada’s gender pension gap

Canada’s gender pension gap is growing as Canadian women received an average of 18 per cent less retirement income than men in 2020, according to…

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71% of Canadians finding it challenging to save for retirement amid rising inflation: survey

Nearly three-quarters (71 per cent) of Canadians say saving for retirement is a challenge amid rising inflation, an increase of six percentage points over 2021,…

  • By: Staff
  • October 4, 2022 October 3, 2022
  • 09:00

Report finds U.S. DC plan members remain committed to saving, investing despite financial uncertainty

Defined contribution pension plan members in the U.S. are committed to saving and investing, as only two per cent stopped contributing to their plan in…

  • By: Staff
  • September 23, 2022 September 25, 2022
  • 15:00

Claims paid out to support mental health up 75% since 2019: CLHIA

Canadian life and health insurers processed nearly $600 million in claims related to mental health in 2021, up 45 per cent since 2020 and 75…

  • By: Staff
  • September 16, 2022 September 15, 2022
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on Canada’s ranking in retiree well-being was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories…

  • By: Staff
  • September 16, 2022 September 15, 2022
  • 09:00

2022 CAP Member Survey: Perceptions of CAPs against a changing economic landscape

After a tough couple of years, Canadians continue to face several challenges against an increasingly turbulent economic landscape. While most coronavirus restrictions were lifted in…

Will U.S.-style gig worker litigation come to Canada?

A gig worker by any other name would be a lot more expensive. In most jurisdictions, Uber Technology Inc. drivers and their app-based brethren are…

Canada drops to No. 15 in retiree well-being global rankings: report

Canada ranks No. 15 among developed nations for retiree well-being, down from No. 10 in 2021, according to Natixis Investment Managers’ annual global retirement index.…

  • By: Staff
  • September 13, 2022 September 12, 2022
  • 09:00
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Expert panel: How employers can support workers amid rising inflation

The modern economy is highly uncertain, with inflation and rising interest rates cutting into bottom lines everywhere. Employers are nervous as the cost of capital…

AGA Benefit Solutions acquiring Aptus Benefits

AGA Benefit Solutions is acquiring Vancouver-based Aptus Benefits Inc., a group benefits and retirement consultancy with expertise in collectively bargained plans and executive disability programs. Private…

  • By: Staff
  • September 9, 2022 September 9, 2022
  • 15:00