Ratio of younger, older workers at parity: StatsCan
As of 2018, there was one Canadian worker over the age of 55 for every worker between the ages of 25 and 34, according to…
- By: Staff
- July 30, 2019 November 12, 2020
- 09:00
Latest news in Retirement
Employees want help with pension, retirement planning: survey
Globally, the majority (85 per cent) of employees want help with their pension and retirement planning, according to a new survey by Accenture. The report,…
- By: Staff
- July 19, 2019 November 12, 2020
- 08:30
Canadian boomers concerned about retirement savings: survey
Canadian boomers age 50 and up are concerned they haven’t saved enough for retirement, according to a new survey by the Royal Bank of Canada. It found the savings…
- By: Staff
- July 18, 2019 May 30, 2022
- 16:01
Saskatchewan school support workers could strike over unused sick leave retirement benefits
Support staff for the Prairie South School Division in Moose Jaw, Sask. have voted overwhelmingly in favour of job action, up to a full withdrawal of services, when the…
- By: Martha Porado
- July 17, 2019 November 12, 2020
- 09:00
Sounding Board: Factoring CPP, inflation in retirement plan design
Inflation must be taken into account when designing both plan sponsor and government retirement programs because, over time, it will undermine purchasing power. In terms…
- July 12, 2019 November 30, 2020
- 09:00
Mercer, Wealthsimple launch online savings, investment tool
Mercer and Wealthsimple Inc. are teaming up to create a digital saving and investing platform for Canadian employees. Mercer Invest Wise, which is a voluntary savings tool,…
- By: Martha Porado
- July 12, 2019 November 30, 2020
- 08:45
CAP webinar highlights plan member understanding of decumulation
The majority of Canadian capital accumulation plan members said they’re confident in their understanding of how to optimize their income in retirement, according to Benefits Canada‘s 2019 CAP Member…
- By: Staff
- July 11, 2019 November 30, 2020
- 09:00
Pension, health-care reform required as elderly population grows across the Americas
Population aging is taking place throughout the Americas, with the elderly expected to grow faster than the overall population between 2018 and 2025, according to…
- By: Advisor.ca staff
- July 10, 2019 November 30, 2020
- 15:00
One in four Americans don’t plan to retire despite realities of aging: survey
Nearly one-quarter of Americans said they never plan to retire, according to a poll from The Associated Press-NORC Center for Public Affairs Research that suggested a…
- By: Andrew Soergel, The Associated Press
- July 8, 2019 November 12, 2020
- 15:15
Using better communication to help employers close the retirement gender gap
In preparing for retirement, women have to contend with the salary gap, barriers to career continuity and more limited access to employer-sponsored pension plans, making…
- By: Staff
- July 3, 2019 November 30, 2020
- 09:00
Hub acquiring Edmonton-based benefits, retirement consulting firm
Hub International Ltd. is acquiring benefits and retirement consulting group BenefitLink Resource Group Edmonton Holdings Inc. The acquisition is part of Hub’s strategy to increase…
- By: Staff
- July 2, 2019 November 16, 2020
- 10:20
Is it time to retire ‘retirement’?
The pension industry has mixed feelings about the language used around retirement and whether it still reflects the needs of today’s workforce. “It’s always been…
- By: Alethea Spiridon
- June 28, 2019 November 12, 2020
- 07:54
What can Canada’s DC market learn from Australia?
While defined contribution plan members want to know they’ll have stable income through retirement with flexibility around accessing their funds, the Canadian market needs to evolve…
- By: Kelsey Rolfe
- June 27, 2019 November 30, 2020
- 10:00
70% of Canadians expect to be working in retirement: survey
More than two-thirds (70 per cent) of Canadian pre-retirees said they expect they’ll be working in retirement, according to Fidelity Investments Canada’s annual retirement survey.…
- By: Staff
- June 25, 2019 November 11, 2020
- 15:00
How rethinking plan design can address retirement readiness
Many Canadians are looking forward to retiring someday, but with the rising cost of living and increasing life expectancy, many are also uncertain whether retirement will arrive…
- June 18, 2019 November 30, 2020
- 08:30
Hub acquires B.C.-based Porchlight Financial
Hub International Ltd. is acquiring Porchlight Financial. Located in Vancouver, Porchlight Financial has been offering group retirement plan consulting for 25 years. It specializes in plan member advisory services, financial wellness…
- By: Staff
- June 11, 2019 November 12, 2020
- 08:30
Feds proposals for variable benefits present opportunity to revisit PRPP rules: PIAC
The federal government’s proposals around advanced life deferred annuities and variable payment life annuities represent significant enhancements in decumulation options for Canadian capital accumulation plan…
- By: Staff
- June 5, 2019 September 13, 2019
- 09:00
How Canadian legislation is moving to solve issue of missing pension members
While there isn’t reliable data on just how many people are disconnected from their old pension plans, the federal government says the number could be…
- By: Ian Bickis, The Canadian Press
- May 31, 2019 September 16, 2019
- 15:00
House passes bill to help workers with retirement savings
The House overwhelmingly approved a bill Thursday to promote retirement security by making it easier for small businesses and other companies to offer retirement plans.…
- By: Matthew Daly, The Canadian Press
- May 24, 2019 September 19, 2019
- 15:30
Mercer Canada appoints new wealth practice heads
Mercer Canada has appointed new heads for its wealth practices in Toronto and Quebec. Todd Nelson is the firm’s new wealth leader for its Toronto…
- By: Staff
- May 22, 2019 September 19, 2019
- 15:00
Sounding Board: How will Canadians stretch their retirement savings to age 100?
I was lucky enough to know my great-grandmother. I remember her living to the age of 94 — “incredible,” my family would say. But not…
- By: Simon Deschenes
- May 21, 2019 September 19, 2019
- 09:00
2019 CAP Member Survey: Helping each generation on their retirement journey
Though more than half of Canadian capital accumulation plan members feel financially prepared for retirement, there’s a distinct difference across generations. Given their proximity to…
- By: Jennifer Paterson
- May 10, 2019 March 6, 2021
- 08:57
Almost half of younger Canadian boomers considering delaying retirement: study
More than a fifth (21 per cent) of younger Canadian baby boomers haven’t saved for retirement, according to a survey by Franklin Templeton Investments Canada.…
- By: Staff
- May 9, 2019 September 13, 2019
- 08:45
One-third of employees don’t expect to fully retire: survey
A third of employees don’t expect to ever reach full retirement, according to a new survey by Aon. The survey, which polled 1,000 Canadians at all stages of…
- By: Staff
- May 7, 2019 September 19, 2019
- 09:30
Community Food Centres Canada joins OPTrust plan after years of lump-sum retirement payments
Employees of Community Food Centres Canada will join the OPTrust Select defined benefit pension plan after more than 90 per cent voted in favour of…
- By: Kelsey Rolfe
- May 7, 2019 September 19, 2019
- 09:15