Latest news in Retirement

Retirement community operator supporting employee financial wellness

A retirement community operator is allowing employees to access their pay at any time as part of a wider financial wellness strategy. In May, Seasons…

38% of U.S. employees increased 401(k) contributions in 2021: survey

More than a third (38 per cent) of U.S. employees increased their 401(k) contributions by an average of three per cent in 2021, according to…

  • By: Staff
  • February 22, 2022 February 22, 2022
  • 15:00

39% of Canadians are confident in their retirement plan: survey

Almost two in five (39 per cent) Canadians are confident in their retirement plan, according to a survey conducted by Pollara Strategic Insights for the…

  • By: Staff
  • February 17, 2022 February 16, 2022
  • 09:00

Employers building relevant financial wellness programs for both DB, DC pension members

Canadian Forest Products Ltd.’s new financial wellness program may have originated as the brainchild of its defined contribution pension plan committee, but it’s just as…

Saskatchewan Pension Plan increasing 2022 contribution limit to $7K

The Saskatchewan Pension Plan is increasing its 2022 contribution limit to $7,000. Plan members can now qualify to save the tax on up to $7,000…

  • By: Staff
  • February 10, 2022 February 10, 2022
  • 09:00

Anglican Church’s pension members joining multi-employer plan

A thousand members of the Anglican Church of Canada’s defined contribution pension plan are joining the General Synod pension plan, effective Jan. 1, 2022. The…

  • By: Staff
  • February 10, 2022 February 9, 2022
  • 09:00
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OSFI, FSRA set out six recommendations for strengthening CAP guidelines

The Office of the Superintendent of Financial Institutions and the Financial Services Regulatory Authority of Ontario are putting forward six recommendations for strengthening the Canadian Association…

  • By: Staff
  • February 9, 2022 February 8, 2022
  • 09:00

Coverage of the 2022 Defined Contribution Investment Forum

The 2022 Defined Contribution Investment Forum, held virtually on Jan. 21, explored how generational priorities impact investment options and strategies, including the growing importance of environmental,…

The value of active managers, global equities in DC investment lineups

Defined contribution plan sponsors are facing much more challenging market conditions heading into 2022, with lower expected returns across core asset classes and high levels…

Alberta nurses’ union deal boosts mental-health support, Sobeys’ union deal increases RRSP contribution match

Alberta’s nurses have a new collective bargaining agreement, which includes more mental-health support as the coronavirus pandemic drags on. In addition to more psychological and…

Sterling Capital Brokers acquires Barclay Insurance Services

Toronto’s Sterling Capital Brokers Ltd. is acquiring Vancouver’s Barclay Insurance Services Inc. Founded in 1990 by Eric Barclay, Barclay Insurance Services focuses on small- to medium-size businesses, developing…

  • By: Staff
  • January 28, 2022 January 28, 2022
  • 15:00

Top 5 HR, pension and benefits stories of the week

A survey demonstrating the strong appetite by Canadian employees for an employer-sponsored retirement plan took the top spot over the past week on BenefitsCanada.com. Here are the five…

  • By: Staff
  • January 28, 2022 January 27, 2022
  • 09:00

84% of employees consider retirement plan a critical benefit: survey

The vast majority (84 per cent) of Canadian employees consider an employer-sponsored retirement plan to be a critical benefit, according to a new survey by…

  • By: Staff
  • January 25, 2022 January 26, 2022
  • 09:00

C.F. Crozier supporting employee financial wellness amid uncertain times

As Canadian employees face rising inflation and interest rates, C.F. Crozier & Associates Inc. is helping ease employees’ financial worries by offering benefits that appeal to…

AGA Benefit Solutions acquiring J&D Benefits

Montreal’s AGA Benefit Solutions is acquiring Markham, Ont.’s J&D Benefits. AGA Benefit Solutions provides the development and administration of customized group insurance plans and specializes…

  • By: Staff
  • January 24, 2022 January 25, 2022
  • 15:00
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Survey finds 29% of Canadians are concerned about inflation’s impact on retirement savings

Nearly a third (29 per cent) of Canadians expressed concern about the impact of rising inflation on their retirement savings, according to a new survey…

  • By: Staff
  • January 24, 2022 January 24, 2022
  • 09:00

Top 5 HR, pension and benefits stories of the week

A story on the Toronto-Dominion Bank’s enhancement to its benefits offerings in 2022 with expanded family planning coverage took the top spot over the past week…

  • By: Staff
  • January 21, 2022 January 21, 2022
  • 09:00

Survey finds 40% of Canadians maintaining retirement savings despite pandemic’s financial challenges

Despite the financial challenges experienced by Canadians over the course of the coronavirus pandemic, 40 per cent said they’ve continued to save for retirement, according…

  • By: Staff
  • January 17, 2022 January 18, 2022
  • 15:00

51% of workers believe employers should support financial wellness: survey

Just over half (51 per cent) of U.S. employees — including 65 per cent of generation Z respondents — agreed employers have a responsibility to…

  • By: Staff
  • January 13, 2022 January 13, 2022
  • 15:00

DB pensions offer significant cost savings over DC plans: report

Defined benefit pension plans offer substantial cost advantages over 401(k)-style defined contribution plans, according to a new report by the National Institute on Retirement Security.…

  • By: Staff
  • January 11, 2022 January 10, 2022
  • 09:00

Top 5 HR, pension and benefits stories of the week

How the City of Toronto is continuing to support employee mental health in these uncertain times took the top spot over the past week on BenefitsCanada.com.…

  • By: Staff
  • January 7, 2022 January 7, 2022
  • 09:00

Half of Canadians equate financial wellness with lack of financial stress: survey

Nearly half (47 per cent) of Canadians said that financial wellness means living without financial stress, according to a new survey by the Canadian Imperial Bank…

  • By: Staff
  • January 5, 2022 January 5, 2022
  • 15:00