In the wake of the coronavirus pandemic, five major stressors are impacting Canadians’ overall well-being, with four of these related to finances: the knowledge gap,…
During a session at Benefits Canada‘s 2022 DC Plan Summit, Simon Cabral, Scotiabank’s director of global defined contribution plans, shared how the organization ties employees’…
Dynamic pension pools can have a significant and positive impact on retirement outcomes if they’re supported by the appropriate legislative changes, said Barbara Sanders, associate…
When it comes to educating women about retirement and their finances, the needle hasn’t moved enough in the past few decades because the language being…
While defined contribution pension plan sponsors are focusing on providing members with information, education and guidance to ensure they’re ready for retirement, advice is becoming…
In a panel discussion during Benefits Canada‘s 2022 DC Plan Summit, three defined contribution pension plan sponsors shared how their plans are evolving to ensure…
An open dialogue about diversity, equity and inclusion is vital for raising the resilience and overall wealth of pension plan members, said Ryan Weiss, vice-president…
With the 2015 merger of Kraft Foods and H.J. Heinz Co., Kraft Heinz Canada was left with a “mixed bag” of savings and retirement programs.…
Providing tools to help defined contribution pension plan members make solid financial decisions rather than making the decisions for them was the impetus for Canadian…
Pension spending alone supported more than 41,000 jobs across Alberta and contributed more than $4.4 billion to the province’s gross domestic product in 2021, according…
Alcoa Corp. is de-risking roughly US$1 billion in U.S. defined benefit pension obligations and assets with an annuity transfer. The group annuity contracts will be…
The union representing nearly 800 employees at Calgary and Vancouver airports has ratified a first contract that includes retirement and benefits gains. The contract cements…
Sun Life Financial Inc. is selling its U.K. pension and annuities business. The company has entered an agreement to sell SLF of Canada U.K. Ltd.…
On Thursday, employees at a Trader Joe’s supermarket in Massachusetts became the latest workers at a major company to approve a labour union. The store…
An article on Public Health Sudbury’s violation of the Ontario Human Rights Code following an employee’s termination over a vaccine refusal was the most-read story…
Dave Muffley thought he had it made when it came to a solid retirement. The Indiana man spent roughly 30 years as a salaried maintenance…
While old-age security has permanently increased by 10 per cent for seniors aged 75 and older, employees can maximize this benefit, along with their Canada…
Eight in 10 (81 per cent) U.S. employees with an employer-sponsored retirement savings plan say they’re concerned about inflation impacting their retirement, according to a…
The percentage of Canadians participating in an employer-sponsored pension plan continues to rise, with roughly 6.6 million plan members in 2020, up 57,000 from 2019,…
Roughly 2,000 Unifor members at eight Ontario casinos have voted to strike if new pension and benefits agreements can’t be negotiated by midnight on July 22.…
The union representing 60 employees at the Hilton Garden Inn in Ajax, Ont. has ratified a three-year agreement that includes retirement and benefits gains. The…
An expert panel about the impact of environmental, social and governance-focused target-date funds on capital accumulation plans was the most-read story on BenefitsCanada.com over the…
While more than half (58 per cent) of employees within 10 years of retirement are contributing to retirement savings, only about a third (30 per…
Fewer than a third (29 per cent) of U.S. employees say they’re building a large enough retirement nest egg, according to a survey by non-profit…
Reassuring frustrated blue-collar voters, U.S. President Joe Biden on Wednesday visited Ohio iron workers to highlight federal action to shore up troubled pension funding for…
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