While Canadians have a better sense of the savings they’ll need to retire comfortably, they may still be underestimating the true cost, according to research…
According to MFS Investment Management’s Sean Kenney, his three sisters would all fall within the same target-date age cohort, but their lifestyles and retirement goals…
With target-date funds now a dominant investment vehicle in Canada’s defined contribution pension landscape, the glide path is the primary determinant of plan members’ outcomes…
While integrating private assets into target-date funds can give plan members income-generating and diversification benefits at an attractive risk profile relative to traditional asset classes,…
The last 10 to 15 working years before retirement is a powerful and precarious time for defined contribution plan members, with roughly half of the…
KPMG in Canada is aiming to boost plan member engagement with its retirement savings programs with a host of changes, including a refreshed defined contribution…
Roughly six in 10 (60 per cent) U.S.-based defined contribution pension plan sponsors say they want to retain assets in the plan, often by limiting…
Nearly six in 10 (59 per cent) Canadians fear they’ll outlive their retirement savings, according to a new survey by the Canada Pension Plan Investment…
Fidelity Canada’s financial wellness program was recognized during Benefits Canada’s 2025 Workplace Benefits Awards for its ‘no strings attached’ approach to contributions in employees’ group…
Alberta’s Local Authorities Pension Plan is lowering its 2026 contribution rates and providing members with a cost-of living adjustment due to the plan’s strong financial…
An article on Nova Scotia’s updated workplace harassment legislation was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources,…
Canada’s retirement income system ranked No. 24 out of 52 countries, earning a B grade with an overall score of 70.4 out of 100, according…
Eight in 10 (80 per cent) Canadian employees with a professional financial plan say they’re able to retire at their desired age, compared to 72…
Canadian public sector employees continue to outpace private sector workers in defined benefit pension plan membership, according to a new report by the Fraser Institute.…
When Bell Canada was communicating defined contribution plan changes to members in 2024, it turned to artificial intelligence to help personalize its message to all…
In a year marked by an ongoing trade war and threats of tariffs by U.S. President Donald Trump and against a backdrop of rising costs,…
Seven in 10 (71 per cent) employers say they’re concerned about meeting candidates’ salary expectations in 2026 and nearly half (46 per cent) say adding…
While Canadian retirees have a good understanding of longevity risk, in recent years, many are withdrawing less income from their workplace retirement savings plans, says…
An article on an arbitrator’s confirmation of the long-term disability exception to Ontario’s mandatory retirement rule was the most-read story on BenefitsCanada.com this past week.…
Canada’s life and health insurers paid out a record $143.3 billion in health and retirement benefits last year, up from $128 billion in 2023, according…
An Ontario arbitrator has confirmed the validity of the long-term disability exception to the mandatory retirement rule. When Ontario eliminated mandatory retirement in 2006, the…
An article on Symcor Inc.’s approach to supporting employees going through menopause was the most-read story on BenefitsCanada.com this past week. Here are the top…
The New Brunswick Public Service Pension Plan is reporting a funded status of 136.5 per cent as at Dec. 31, 2024, and will provide a…
The federal government is investing $29.9 million in the Service Employees International Union Healthcare’s retirement savings program to strengthen retirement security for Canada’s homecare workers.…
The median job tenure is nearly identical among employees across all generations, despite a prevailing myth that millennials and generation Z employees are more eager…