The union representing 400 Dominion Diamond Mines employees is attempting to guarantee that the company honours its multi-million dollar pension shortfall as it goes through…
Alongside a struggling global economy, Canadian capital accumulation plan sponsors and members are facing unprecedented challenges. This year, Benefits Canada‘s annual CAP Member Survey fielded…
In this time of pandemic, a lot has been shared about the woes of defined benefit pension plans, but members of capital accumulation plans are…
Provincial and federal regulators are beginning to roll out relief measures for defined benefit pension plan sponsors, ranging from administrative filing extensions to freezes on…
The federal government is halting solvency special payments for federally regulated defined benefit pension plans until the end of 2020. The moratorium on payments under…
Coined by Canadian philosopher Marshall McLuhan, “the medium is the message” proposes that a medium, rather than the content it carries, is what shapes and…
Women are in a worse position than men when it comes to pension savings, thanks to several systemic factors. So how can plan sponsors bridge…
During an educational two days in Montreal, the 2020 DC Plan Summit, on Feb. 5-7, featured a range of sessions diving into today’s top issues…
At PCL Construction, employee ownership is built into the company culture and is a big part of total compensation. However, it’s created some apathy when…
While the pension industry has historically thought about the sustainability of pension plans themselves, it’s now time to think about sustainability more broadly, said Kate…
As the world changes, so do the workforce and workplaces of today, demanding a new approach to how the industry is helping defined contribution plan…
When Gracie Inacay, former executive director and head of HR at Harris Associates, joined the firm, she took a good, long look at its defined…
People across Canada are stressed out about money. In fact, 41 per cent of Canadians say money is their No. 1 source of stress, according…
From plan members to plan sponsors to providers, everyone in the industry is talking about decumulation. Even governments are getting in on the action. But…
When is the best time to tell your employees about how good your pension plan is? “Before someone else tells them about theirs,” said Keith…
Wrapping up the 2020 DC Plan Summit with his customary flair, Zaheed Jiwani, principal and leader of the DC consulting group at Eckler Ltd., highlighted…
Anxiety is running high for many Canadians who are feeling the immediate financial impact of the coronavirus pandemic due to job losses, reduced work hours…
A new report by the C.D. Howe Institute is urging the federal government to suspend taxes on registered retirement savings plan withdrawals during the coronavirus pandemic. The report…
An arbitrator has ruled in favour of the Winnipeg Police Association in its dispute with the City of Winnipeg over the police pension plan. The association…
In the midst of an unusual or unsettling situation, such as the coronavirus pandemic, pension plan sponsors should remember that both defined benefit and capital…
Recommendations from two provincially appointed special mediators have failed to quell the labour dispute between Federated Co-operatives Ltd. and the union representing its refinery employees. On Sunday, Unifor…
With many people around the world facing layoffs due to business shutdowns caused by the coronavirus, financial stress is pervasive. In Australia, the government is…
With the federal government easing the withdrawal requirements for registered retirement income funds in a bid to alleviate the harm to retirees’ portfolios caused by…
Canadians, like many around the world, have watched from the sidelines as interest rates have plummeted and the markets have dropped significantly over the past…
While some may still dream of an early retirement, the world where freedom 55 seemed like a genuine possibility is no longer the world we live…