Expert panel: DB, DC pension predictions for 2022
As a new year dawns, our attention turns to what’s ahead, the following are a few of my predictions for trends in the world of…
- By: Gavin Benjamin
- January 4, 2022 January 4, 2022
- 09:00
Latest news in Retirement
Why CPP premiums are getting a bigger bump than planned
Jan. 1 felt like Groundhog Day for all employees and employers paying into the Canada Pension Plan. Like last year, contributions went up again by more…
- By: The Canadian Press
- January 3, 2022 January 3, 2022
- 15:00
My Take: Closing the retirement savings gap in the BIPOC community
It’s no secret there’s a looming retirement savings gap among Indigenous and racialized Canadian seniors and their white counterparts. Indeed, a June 2021 study by…
- By: Lauren Bailey
- December 29, 2021 January 20, 2022
- 09:00
Top 10 pension stories of 2021
Among 2021’s most popular pension stories on BenefitsCanada.com, Benefits Canada and the Canadian Institutional Investment Network’s rankings of the top 100 defined benefit plans and top…
- By: Benefits Canada
- December 23, 2021 December 13, 2021
- 09:00
New survey finds gender, generational gap in employee financial wellness
Women are 10 per cent more likely than men to say their financial health is the same or worse than last year, according to a…
- By: Staff
- December 21, 2021 December 21, 2021
- 15:00
Two new employers joining CAAT’s DBplus pension
The National Association of Federal Retirees and the United Way Centraide North East Ontario/Nord-est de l’Ontario are the latest employers to join the Colleges of Applied…
- By: Staff
- December 20, 2021 December 17, 2021
- 09:00
Loblaw, Unifor deal includes increased RRSP contribution match
The union representing employees at a Loblaw Co. Ltd. distribution centre in Ajax, Ont. has ratified a new four-year contract that will increase employer contributions…
- By: Blake Wolfe
- December 20, 2021 December 17, 2021
- 09:00
Top 5 HR, pension and benefits stories of the week
A story on the federal government’s economic and fiscal update took the top spot over the past week on BenefitsCanada.com. Here are the five most popular news…
- By: Staff
- December 17, 2021 December 16, 2021
- 09:05
2021 CAP Suppliers Report: Helping employees plan for retirement while saving for a rainy day
As the coronavirus pandemic sent the global economy into a tailspin, many Canadians grew increasingly concerned about whether they’d amassed enough savings to weather the…
- By: Lauren Bailey
- December 17, 2021 December 16, 2021
- 08:56
Coverage of the 2021 DC Plan Summit
At the 2021 Defined Contribution Plan Summit, which was hosted virtually on Oct. 6, delegates heard about several pressing issues facing DC plan sponsors and…
- By: Benefits Canada
- December 17, 2021 December 14, 2021
- 08:48
2021 DC Plan Summit: CPP/QPP delay a simple solution to improving retirement readiness
Managing and drawing down retirement savings is an “impossible task” with contributing factors including the trend away from workplace pension plans, historically low interest rates…
- By: Jennifer Paterson
- December 17, 2021 January 24, 2022
- 08:47
2021 DC Plan Summit: Using DC investments to take on high interest rates, inflation
While it’s easy to get into the weeds of inflation in the current economic environment, the fundamental question for DC plan sponsors and their members…
- By: Jennifer Paterson
- December 17, 2021 December 14, 2021
- 08:46
2021 DC Plan Summit: Lessons learned from offering in-plan decumulation options
Low financial literacy and the slow pace of legislative frameworks are among the challenges hindering Canadian DC plans from offering in-plan decumulation options, according to…
- By: Jennifer Paterson
- December 17, 2021 December 14, 2021
- 08:45
2021 DC Plan Summit: The importance of adding longevity pooling to decumulation solutions
While Canada’s financial industry has been successful in helping people accumulate savings during their working lives, the decumulation phase is a lot more complicated. One…
- By: Jennifer Paterson
- December 17, 2021 December 14, 2021
- 08:44
2021 DC Plan Summit: What legal issues are facing DC plan sponsors?
Among all the legal issues facing DC plan sponsors and administrators, questions around contribution errors is top of mind. “The industry has been speaking with…
- By: Jennifer Paterson
- December 17, 2021 December 14, 2021
- 08:42
Pandemic affecting U.S. employees’ financial stress, productivity: survey
Both employees and human resources executives are seeing the impact of personal financial stress on work productivity and performance during the coronavirus pandemic, according to a…
- By: Staff
- December 16, 2021 December 15, 2021
- 09:00
Canadian pensions weathering the coronavirus pandemic: report
While the coronavirus pandemic has taken a heavy toll among the elderly, retirees have seen their pension payments and entitlements well protected in Canada and…
- By: Staff
- December 15, 2021 December 14, 2021
- 09:00
Toronto’s Juno College planning to move to 100% employee-ownership model
Juno College is planning to move to a 100 per cent employee-ownership model. The Toronto-based college, formerly known as Hacker U, was established by Heather…
- By: Lauren Bailey
- December 13, 2021 December 10, 2021
- 09:00
CAP member income replacement ratios hit six-year high: report
Despite muted investment returns in the third quarter of 2021, capital accumulation plan member outcomes improved as annuity rates continue to rise, according to Eckler…
- By: Staff
- December 6, 2021 December 6, 2021
- 15:00
How employers can solve the inflation puzzle amid war for talent
As inflation hits a record high in Canada, employers are helping workers weather the storm through various benefits and compensation offerings, according to several experts.…
- By: Blake Wolfe
- December 2, 2021 December 1, 2021
- 09:00
Air Canada, unions reach agreement to wind down pension trust
Air Canada and unions representing more than 20,000 employees are reaching an agreement that will wind down a shared pension trust to the benefit of…
- By: Staff
- November 30, 2021 November 30, 2021
- 09:00
Top 5 HR, pension and benefits stories of the week
A story looking at dynamic pension pools as a decumulation option took the top spot over the past week on BenefitsCanada.com. Here are the five most popular…
- By: Staff
- November 19, 2021 November 19, 2021
- 09:05
Editorial: Discussing decumulation, slow pace of change in Canada’s pension industry
If I’ve learned one thing about the Canadian pension industry over the past six years, it’s that change comes at a snail’s pace. When I…
- By: Jennifer Paterson
- November 19, 2021 November 19, 2021
- 09:00
A look at the Co-operators Group’s new decumulation offering
One, as Harry Nillson crooned in his classic breakup song, can feel like the loneliest number. At the end of working life, many retirees with…
- By: Melissa Dunne
- November 19, 2021 November 24, 2021
- 08:58
Employers see retirement benefits as top attraction, retention tool: survey
A majority of Canadian employers believe providing workplace retirement savings plans can improve employee attraction and retention, according to a survey by Maru Group Ltd.…
- By: Lauren Bailey
- November 17, 2021 November 17, 2021
- 09:00