Latest news in Retirement

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The Royal Mail Group’s road to offering U.K. employees a collective DC plan

The Royal Mail Group Ltd. will soon make history in the United Kingdom by becoming the first employer to sponsor an entirely new type of…

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Stock options driving loyalty, hard work among employees: study

Employees that include company stock in their overall financial planning are more loyal and have a higher output level, according to new research conducted in…

  • By: Staff
  • March 17, 2021 March 17, 2021
  • 09:00

Are target-benefit pension plans the answer to a secure, sustainable retirement?

More Canadian employers should consider target-benefit pension plans for their employees these days. The model is gaining steam. In mid-December, 2020, the Quebec legislator signed into…

Young Canadians focusing on retirement, financial security amid coronavirus crisis: survey

Young Canadians are increasingly planning their financial futures as the world faces down a second year of the coronavirus pandemic, according to a new survey…

  • By: Staff
  • March 16, 2021 April 14, 2024
  • 09:00

Women retiring two years later, with 30% less wealth, than men: report

Although women must work two years longer than men to be retirement ready, they still retire with 30 per cent less wealth than their male…

  • By: Staff
  • March 10, 2021 April 25, 2021
  • 17:37
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Newfoundland and Labrador residents can now unlock pension benefits

Newfoundland and Labrador residents can now unlock benefits held in locked-in retirement savings arrangements for reasons of financial hardship or non-residency in Canada. The changes…

  • By: Staff
  • March 3, 2021 March 3, 2021
  • 09:00

Half of Canadians skipping RRSP contributions in 2021: survey

Canadians are skipping contributions to their registered retirement savings plans and considering a delayed retirement amid the coronavirus pandemic, according to a new survey by…

  • By: Staff
  • February 16, 2021 February 17, 2021
  • 09:00
Canadians’ financial well-being on the decline: survey

Canadians’ financial well-being on the decline: survey

The financial well-being of Canadians has declined over the last year, according to a new survey by Morneau Shepell Ltd. It rated Canadians’ overall financial…

  • By: Staff
  • February 11, 2021 March 24, 2021
  • 09:00
HOOPP surpasses 400,000 plan members

HOOPP surpasses 400,000 plan members

The Healthcare of Ontario Pension Plan recently surpassed 400,000 plan members, more than doubling since 2013 when it passed the 200,000 member mark. It added…

  • By: Staff
  • February 9, 2021 March 26, 2021
  • 09:00
Pension plans focusing on streamlining ESG strategies in 2021

Pension plans focusing on streamlining ESG strategies in 2021

Pension plans in Canada now factor environmental, social and governance monitoring in their investment process, and in the absence of national guidance, plan managers are using…

Navacord acquiring Ontario-based benefits firm

Navacord acquiring Ontario-based benefits firm

Navacord Corp. is further expanding its group benefits business by acquiring Penmore Benefits Inc. A division of The Penmore Group, Concord, Ont.-based Penmore Benefits Inc., provides…

  • By: Staff
  • February 8, 2021 March 26, 2021
  • 09:00
25% of Canadians cutting back savings, RSPs amid pandemic

25% of Canadians cutting back savings, RSPs amid pandemic

Since the World Health Organization declared a global pandemic almost 11 months ago, the resulting economic uncertainty as the coronavirus crisis drags on has resulted…

  • By: Staff
  • January 28, 2021 April 14, 2021
  • 09:00
New York City pension funds divesting $4B from fossil fuels

New York City pension funds divesting $4BN from fossil fuels

Two pension funds for New York City workers are pulling an estimated US$4 billion in investments from fossil-fuel companies in order to promote clean-energy use.…

32% Canadians delaying retirement due to coronavirus pandemic: survey

While the rollout of vaccines has the world cautiously optimistic about an economic recovery, a Scotiabank survey shows the coronavirus pandemic has Canadians concerned about…

  • By: Staff
  • January 25, 2021 April 14, 2021
  • 10:37
32% of Canadians delaying retirement due to coronavirus pandemic: survey

32% of Canadians delaying retirement due to coronavirus pandemic: survey

While the rollout of vaccines has the world cautiously optimistic about an economic recovery, a Scotiabank survey shows the coronavirus pandemic has Canadians concerned about their retirement…

  • By: Staff
  • January 25, 2021 April 14, 2021
  • 09:00
Canada Life absorbing TD Bank Future Builders’ RSP program plan members

Canada Life absorbing TD Bank Future Builders’ RSP program plan members

The Canada Life Assurance Co. is absorbing the Toronto-Dominion Bank’s TD Future Builders retirement savings plan program members as of March 19. “We believe Canada Life…

  • By: Staff
  • January 6, 2021 April 14, 2021
  • 09:00
Strength in numbers at the Community and Women’s Groups Member Funded Pension Plan

Strength in numbers at the Community and Women’s Groups Member Funded Pension Plan

Many employees in the non-profit sector dedicate their lives to helping others. In 2008, a new pension plan was launched to help provide them with…

Canadians taking CPP at 60 losing $100,000+ in retirement income: study

The average Canadian taking  Canada/Quebec Pension Plan benefits at age 60 instead of waiting until 70 can expect to lose more than $100,000 of secure lifetime…

  • By: Staff
  • December 11, 2020 April 28, 2021
  • 15:30

Morneau Shepell appointing new retirement solutions partner

Morneau Shepell Ltd. is appointing Glen Oikawa as a client relationship partner, retirement solutions partner and Calgary office leader. In the new role, he’ll focus on…

  • December 10, 2020 January 22, 2021
  • 19:05
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iA Financial Group appoints Éric Jobin as EVP, group benefits and retirement solutions

iA Financial Group is appointing Éric Jobin as executive vice-president of group benefits and retirement solutions. Jobin had been in the role, on an interim basis, since March 2020. He…

  • December 10, 2020 January 22, 2021
  • 18:55
Economic statement includes new rules for employee stock options

Economic statement includes new rules for employee stock options

In Monday’s fall economic statement, the federal government proposed changes to employee stock option rules and offered additional support for essential workers. The statement provided an…

  • By: Staff
  • December 1, 2020 April 28, 2021
  • 10:30

Provinces asking feds to delay bump in CPP premiums

Provincial finance ministers have been quietly prodding Finance Minister Chrystia Freeland to pause planned increases in the premiums employers and employees pay into the Canada Pension…

Morneau Shepell appointing Gavin Benjamin as partner, retirement solutions

Morneau Shepell appointing Gavin Benjamin as partner, retirement solutions

Morneau Shepell Ltd. is appointing Gavin Benjamin as partner in its retirement solutions business. With more than 30 years of experience in the pension industry,…

  • By: Staff
  • November 20, 2020 January 19, 2021
  • 09:10
Arthritis Society focusing on responsive approach to financial education

Arthritis Society focusing on responsive approach to financial education

With the ongoing coronavirus pandemic raising economic concerns, the Arthritis Society is taking a responsive approach with its Financial Literacy Month initiatives during the month…

  • By: Blake Wolfe
  • November 16, 2020 November 16, 2020
  • 09:00