Latest news in Retirement

28% of Canadian gen-Xers have no retirement savings, survey finds

28% of Canadian gen-Xers have no retirement savings, survey finds

More than a quarter of generation Xers in Canada haven’t saved anything for retirement, a new survey from Franklin Templeton Investments Corp. has found. While…

  • By: Staff
  • May 10, 2018 September 13, 2019
  • 10:39
Hub International acquires Quebec benefits brokerage

Hub International acquires Quebec benefits brokerage

Hub International Ltd. has acquired yet another benefits brokerage: Quebec-based Les Avantages Sociaux Delta Inc. Based in the Montreal area, Delta provides support and actuarial…

  • By: Staff
  • May 7, 2018 September 13, 2019
  • 10:05
Latest CPP additions to cost $900 million by 2050: chief actuary

Latest CPP additions to cost $900 million by 2050: chief actuary

A suite of additional features planned for the Canada Pension Plan will mean an extra $900 million in costs by 2050, Canada’s chief actuary is…

  • By: Staff
  • May 3, 2018 September 13, 2019
  • 08:30
Pension benefits major factor in accepting a job: survey

Pension benefits major factor in accepting a job: survey

More than three-quarters (78 per cent) of North American employees and retirees with pension plans said the availability of those benefits was a major factor in deciding…

  • By: Staff
  • April 19, 2018 September 13, 2019
  • 11:24
Why a little bit of retirement planning knowledge can be a dangerous thing

Why a little bit of retirement planning knowledge can be a dangerous thing

A little bit of knowledge is a dangerous thing. That’s the point Bonnie-Jean MacDonald, senior research fellow at National Institute of Ageing at Ryerson University…

Just 17% of employers starting plans for CPP, QPP changes

Just 17% of employers starting plans for CPP, QPP changes

Most Canadian employers have yet to take action to prepare for the incoming changes to the Canada Pension Plan and Quebec Pension Plan, according to…

  • By: Staff
  • April 18, 2018 September 13, 2019
  • 09:45
Why aren’t Canada’s public sector pension plans integrating enhanced CPP?

Why aren’t Canada’s public sector pension plans integrating enhanced CPP?

The first phase in implementing the Canada Pension Plan enhancement is looming large. Employee and employer contribution rates will start to increase in 2019 and…

Editorial: An interesting tax mechanism to boost DC outcomes

Editorial: An interesting tax mechanism to boost DC outcomes

At Benefits Canada’s Defined Contribution Plan Summit in Montreal in February, member engagement and communication were a clear focus of many of the presentations. Case…

Plan sponsor tools for closing the pension generation gap

When it comes to the difficult issue of equity in pension plans, Quebec has been at the forefront recently with its plan to table a…

2018 DC Plan Summit: Action steps to better outcomes

2018 DC Plan Summit: Action steps to better outcomes

From governance to engagement, plan sponsors are looking for solutions to improve their defined contribution pension plans. What tools are available to plan sponsors to…

Leveraging emotions to boost member outcomes

Leveraging emotions to boost member outcomes

With emotions often preventing people from acting in their own interest, nudges that lever behavioural finance theory to account for them can generate better retirement…

DC Plan Summit: A look at the attitudes of DC members around the world

DC Plan Summit: A look at the attitudes of DC members around the world

With defined contribution pension plans at various stages of evolution around the world, how are plan members faring in different countries? At Benefits Canada’s Defined…

DC Plan Summit: Company harnesses inertia to get majority of workers to 75% income replacement

DC Plan Summit: Company harnesses inertia to get majority of workers to 75% income replacement

When Searles Valley Minerals Inc. upgraded its pension plan offerings, the situation appeared complicated. The average age of the 761 plan participants at the Kansas-based…

DC Plan Summit: The role of financial attention in navigating the growing reach of digital data

DC Plan Summit: The role of financial attention in navigating the growing reach of digital data

Finding ways to leverage the engagement of plan members in order to optimize their experiences, decision-making and outcomes was a recurring theme at Benefits Canada’s…

Mandatory e-learning among British company’s DC revamp

Mandatory e-learning among British company’s DC revamp

While improving a defined contribution pension plan may appear to be simple, ensuring employees fully understand the changes is a crucial part of the exercise,…

DC Plan Summit: Leveraging glide paths to foster resilient asset allocation

DC Plan Summit: Leveraging glide paths to foster resilient asset allocation

While managers of target-date funds have benefited from strong tailwinds in recent years, how can they manage the current environment of uncertainty? Ruthann Pritchard, an…

DC Plan Summit: Direct managers key to helping Coca-Cola manage DB/DC transition

DC Plan Summit: Direct managers key to helping Coca-Cola manage DB/DC transition

Transitioning to a defined contribution plan from a defined benefit arrangement is hard enough during the best of times. But when the organization is a…

DC Plan Summit: The long journey to better retirement outcomes

DC Plan Summit: The long journey to better retirement outcomes

While saving for retirement is an incredibly long journey, visualizing the entire process is a great way to get to better outcomes, according to Neil…

DC Plan Summit: Actionable next steps for plan sponsors

DC Plan Summit: Actionable next steps for plan sponsors

Participants at Benefits Canada’s Defined Contribution Plan Summit spent two days listening to a large roster of speakers offer up solutions on everything from communication tips…

DC Plan Summit: Balancing a human and digital approach to plan member experiences

DC Plan Summit: Balancing a human and digital approach to plan member experiences

Moderators: Nadia Darwish, vice-president of development, marketing and investment strategy; and Karrina Dusablon, vice-president of business development, client relationship and member experience, at Desjardins Insurance…

DC Plan Summit: Delivering better outcomes by getting to know plan members better

DC Plan Summit: Delivering better outcomes by getting to know plan members better

Moderators: Christine van Staden, regional vice-president, group customer; and George Ng, senior account executive, group customer, at Great-West Life Assurance Co. Canada is an increasingly…

DC Plan Summit: Why financial education isn’t enough to change employee behaviour

DC Plan Summit: Why financial education isn’t enough to change employee behaviour

Moderators: Erica Hall, assistant vice-president for client relations, group retirement solutions; and Sharon Seifried, national vice-president for corporate accounts, group retirement solutions, at Manulife Financial…

DC Plan Summit: Is plan sponsor inertia a thing?

DC Plan Summit: Is plan sponsor inertia a thing?

Moderators: Mazen Shakeel, vice-president of market development, group retirement services; and Jean-François Pelletier, regional vice-president for group retirement services, Quebec, at Sun Life Financial The…

Four steps to building a successful financial wellness program

Four steps to building a successful financial wellness program

With studies showing high levels of employee stress about their finances that’s translating into lost productivity, absenteeism or health issues, the time is right for financial wellness…

  • April 2, 2018 September 13, 2019
  • 14:17

Learn about improving millennials’ financial literacy at the Benefits and Pension Summit

With studies suggesting some gaps in financial literacy among millennials, a panel at the 2018 Benefits and Pension Summit will tackle ways of educating and reaching younger plan members.…