Have your say: Is Canada facing a looming retirement crisis?
Concerns about pension security have been an issue for some time now, but is the gap in retirement savings as bad as it seems? The…
- By: Staff
- July 24, 2017 September 13, 2019
- 13:11
Latest news in Retirement
How employers can benefit from the trend towards delayed retirement
The demise of many defined benefit pension plans, increased debt levels in retirement and lower savings levels have all contributed to the prevalence of employees…
- July 24, 2017 September 13, 2019
- 07:00
Canada facing $13.4-trillion retirement savings deficit by 2050
Canada is facing a $13.4-trillion retirement savings deficit by 2050, up from a $2.7-trillion shortfall in 2015, according to a new report by Mercer. Among all…
- By: Staff
- July 19, 2017 September 13, 2019
- 12:54
Canada slides down a spot in global retirement security ranking
Canada has dropped one spot in a list of the countries that provide the best retirement security, according to the latest global retirement index by…
- By: Jann Lee
- July 19, 2017 September 13, 2019
- 08:00
OMERS pensioners suggest future retirees consider health in retirement: survey
The vast majority (86 per cent) of the Ontario Municipal Employees Retirement System’s pensioners are happy they retired when they did, according to a new…
- By: Staff
- July 14, 2017 September 13, 2019
- 08:27
Pension industry challenged to deliver plans with DB features prized by Canadians
There’s little doubt that working Canadians want a secure source of retirement income. The challenge for the pension industry is how to deliver the desired…
- July 11, 2017 September 13, 2019
- 17:00
A look at how KPMG educates employees on pensions, investments
KPMG LLP has run its first series of retirement education sessions through in-person workshops, one-on-one meetings and a version on Skype for employees at its…
- By: Jennifer Paterson
- July 7, 2017 September 13, 2019
- 08:59
New target-date funds to focus members on retirement income goal
Sun Life Assurance Co. of Canada is introducing what it says is a “great bridge to decumulation” by launching new target-date funds that focus defined contribution pension…
- By: Staff
- July 5, 2017 September 13, 2019
- 15:09
Have your say: Are target-date funds hitting the mark for plan members?
When it comes to investing for retirement, do plan members benefit more from having target-date funds that come with a standard formula or funds that…
- By: Staff
- June 27, 2017 September 13, 2019
- 10:41
New study counters assumption that public sector pensioners live longer
Public sector pensioners don’t necessarily live longer than private sector ones, a new study by Club Vita Canada Inc. has found. In its inaugural longevity…
- By: Staff
- June 23, 2017 September 13, 2019
- 10:10
Employers must prepare for retirees’ ‘encore’ careers
Over the next decade, employers will have to create workplace programs that recognize employees’ careers beyond retirement, speakers on a panel at an event in…
- By: Jennifer Paterson
- June 22, 2017 September 13, 2019
- 09:15
Status of QPP ‘frustrating for everybody’ one year after CPP deal
While today marks the one-year anniversary of Ottawa reaching an agreement with most of the provinces to expand the Canada Pension Plan, the future of…
- By: Jann Lee
- June 21, 2017 September 13, 2019
- 08:45
Women saving one-third less than men for retirement
The average retirement savings of women in the United States is one-third lower than the savings of their male counterparts, according to a new study…
- By: Staff
- June 19, 2017 September 13, 2019
- 09:00
Labour market participation falls to 17-year low as fewer working-aged Canadians work
Labour market participation has fallen to a 17-year low as fewer working-aged Canadians are participating in the workforce, a new study from Statistics Canada has…
- By: Staff
- June 16, 2017 September 13, 2019
- 11:23
Woman’s DB dilemma a reminder of importance of clear communications
It’s never easy telling employees their pension benefits are getting worse, whether that’s because of a merger, a sale or simply a cost-savings measure. But when…
- By: Sara Tatelman
- June 16, 2017 September 13, 2019
- 09:31
Judge rules RCMP pension doesn’t discriminate against parents
The Royal Canadian Mounted Police pension plan doesn’t discriminate against women, a federal judge has ruled. Allison Pilgrim, Joanne Fraser and Colleen Fox all joined the…
- By: Staff
- June 12, 2017 September 13, 2019
- 10:30
Most Canadians expecting to fund own retirement: survey
Nearly a third (32 per cent) of Canadians don’t believe government benefits will still be available when they retire, according to new research by Natixis…
- By: Jann Lee
- June 7, 2017 September 13, 2019
- 10:00
Despite optimism, U.S. employees keen for workplace financial help: study
While the revitalized United States economy and strong financial markets are part of the story, the biggest factors affecting American employees’ financial optimism are tied…
- By: Staff
- June 6, 2017 September 13, 2019
- 08:08
21% of Canadians believe public pensions will be defunct when they retire: report
One-fifth (21 per cent) of working age Canadians believe public pensions will no longer exist when they reach retirement, according to a new report by…
- By: Staff
- June 2, 2017 September 13, 2019
- 10:00
Biggest pension systems face $224-trillion funding gap by 2050
By 2050, the six countries with the world’s largest pension systems will have a combined funding gap of $224 trillion largely due to demographic trends,…
- By: Jann Lee
- May 29, 2017 September 13, 2019
- 09:15
Fix Canada’s pension system by harmonizing retirement ages
I’ve often said that Canada’s three-pillar retirement income system serves today’s seniors rather well, especially those who used to have lower working income. The system…
- By: Fred Vettese
- May 10, 2017 September 13, 2019
- 08:47
Bridging the pension gender gap
Girls are “made of sugar and spice and everything nice — and gunpowder and Cubans and bourbon, no ice.” So sang Columbia Business School students…
- By: Sara Tatelman
- May 9, 2017 September 13, 2019
- 08:55
Discussion about retirement age resurfaces as census shows big rise in senior population
From 2011-16, as the first baby boomers turned 65, Canada saw its senior population increase by 20 per cent, newly released census data from Statistics Canada shows.…
- By: Sara Tatelman
- May 4, 2017 September 13, 2019
- 10:36
Ontario budget touts variable benefits from DC pension plans
The Ontario government is moving to allow for variable benefits from defined contribution pension plans, according to the 2017 budget tabled yesterday. “I think it’s…
- By: Jann Lee
- April 28, 2017 September 13, 2019
- 10:48
Court overturns $176K in retirement severance awarded to B.C. mining employee
The British Columbia Court of Appeal has overturned a ruling that gave a copper mine employee an 18-month severance package upon retirement. At trial last year, the…
- By: Jennifer Paterson
- April 17, 2017 September 13, 2019
- 10:50