Latest news in Retirement

Canada should raise eligibility age for public pension benefits: report

Canada should raise eligibility age for public pension benefits: report

Canada should consider raising the age of eligibility for public pension benefits in order to persuade more seniors to keep working, argues a new report…

  • By: Staff
  • April 17, 2017 September 13, 2019
  • 09:30
How are different countries tackling decumulation?

How are different countries tackling decumulation?

The Public Employees Benefits Agency, which administers the pension plan for public sector employees in Saskatchewan, has been looking at how to support members around…

  • By: Jann Lee
  • April 11, 2017 September 13, 2019
  • 08:57
DC industry focused on ‘the wrong metric’

DC industry focused on ‘the wrong metric’

Unlike the promise by defined benefit plans of a stream of income during retirement, their defined contribution counterparts focus more on the accumulation of assets.…

DC Plan Summit: DC plans coming of age

DC Plan Summit: DC plans coming of age

Defined contribution pension plans in Canada are maturing quickly and becoming more sophisticated. Contributions and plan assets continue to grow, investment options are evolving and…

DC Plan Summit: ATB focuses on flexibility in pension redesign

DC Plan Summit: ATB focuses on flexibility in pension redesign

The pension and benefits industry often talks about flexibility and customization of plans, but how many companies are actually changing their offerings to introduce those…

DC Plan Summit: Optimizing the member’s journey to retirement

DC Plan Summit: Optimizing the member’s journey to retirement

While many defined contribution pension plan members have similar objectives around retirement readiness, each person’s journey to reach the goal will be different. During his…

DC Plan Summit: Dynamic investment strategies to ensure no one left behind

DC Plan Summit: Dynamic investment strategies to ensure no one left behind

To leave no one behind, defined contribution pension plans must adapt and innovate. That’s the message delivered by Daniel Morris, portfolio solutions manager with Schroder…

DC Plan Summit: The impact of low-volatility equities on DC behavioural biases

DC Plan Summit: The impact of low-volatility equities on DC behavioural biases

Behavioural economic biases, particularly among younger and older defined contribution pension plan members, may influence their investment choices and put retirement outcomes at risk, participants…

DC Plan Summit: Plan sponsors share unique approaches to encouraging successful retirement

DC Plan Summit: Plan sponsors share unique approaches to encouraging successful retirement

At Benefits Canada’s 2017 Defined Contribution Plan Summit, Janice Holman, principal at Eckler Ltd., moderated a presentation highlighting unique approaches three different plan sponsors have…

Australian pension shares details on new option to deal with lump sums

Australian pension shares details on new option to deal with lump sums

As it is in Canada, member engagement is a buzzword for the defined contribution pension plan industry in Australia. But engagement doesn’t go far enough,…

DC Plan Summit: Tracking the DC model’s ongoing transition

DC Plan Summit: Tracking the DC model’s ongoing transition

Across the globe, the defined contribution retirement model is in transition on a number of fronts. Jean Young, senior research analyst at the Vanguard Group…

DC Plan Summit: Is talking retirement readiness enough to draw employees’ attention to their DC plan?

DC Plan Summit: Is talking retirement readiness enough to draw employees’ attention to their DC plan?

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

DC Plan Summit: CPP expansion and the coming shift for CAPs

DC Plan Summit: CPP expansion and the coming shift for CAPs

Moderators: Jeremy Evanson, partner, administrative solutions practice; and Michelle Loder, partner, defined contribution solutions, at Morneau Shepell Ltd. Once the new Canada Pension Plan benefits…

DC Plan Summit: How well are you positioned for the coming of age?

DC Plan Summit: How well are you positioned for the coming of age?

Moderators: David Devine, regional vice-president, western region, group retirement services, wealth management; and Christine van Staden, vice-president of national accounts at Great-West Life Most plan…

DC Plan Summit: Focus on retirement income health, not retirement wealth

DC Plan Summit: Focus on retirement income health, not retirement wealth

Moderators: Mazen Shakeel, vice-president of market development for group retirement services; and Sharon Vanderwerff, regional vice-president, western region, group retirement services, at Sun Life Financial…

DC Plan Summit: Holistic retirement planning

DC Plan Summit: Holistic retirement planning

Moderators: Sharon Seifried, national vice-president for corporate accounts, group retirement solutions; and Fraser Wiswell, assistant vice-president for group retirement solutions, at Manulife Financial With the…

Enhanced CPP puts more risk on younger Canadians: report

Enhanced CPP puts more risk on younger Canadians: report

Younger Canadians are at risk of shouldering any future deficit in the expanded Canada Pension Plan if it experiences shortfalls in investment returns, according to a…

  • By: Jann Lee
  • April 5, 2017 September 13, 2019
  • 09:30
The benefits and drawbacks of offering a unitized stock fund

The benefits and drawbacks of offering a unitized stock fund

Many publicly traded companies give employees the opportunity to own shares in the company they work for. Traditionally, that happens through an employee share plan where…

  • April 4, 2017 September 13, 2019
  • 09:17
Plan sponsors should consider group decumulation options: ACPM

Plan sponsors should consider group decumulation options: ACPM

More employers should be considering offering group decumulation options to employees, the Association of Canadian Pension Management argues in a new report. While individual options…

CPP changes an opportunity to look at pension plan redesign

CPP changes an opportunity to look at pension plan redesign

Now is the time for employers to start looking at the Canada Pension Plan enhancements and their potential affects on workplace pension plans, said lawyer…

Are you getting the right return on your retirement plan investment?

A retirement plan can be an effective tool in helping employers attract and retain talent while managing an orderly transition in the workforce. Done properly,…

Editorial: The path to 15%

Editorial: The path to 15%

We often hear that to ensure a reasonable chance of having a good retirement outcome from a defined contribution pension plan, plan members should aim…

Buy one, get two: How BASF helps staff triple their DC contributions

Buy one, get two: How BASF helps staff triple their DC contributions

Saving enough for retirement is a major challenge for many employees, so when a company’s plan design allows its staff to accumulate 15 per cent…

Sounding Board: Early engagement key to meaningful relationships with plan members

Sounding Board: Early engagement key to meaningful relationships with plan members

Retirement is an important milestone. In the pension industry, we understand that active planning is critical to members meeting their goals and being able to…

Postmedia benefits changes include closure of DB pension, EAP

Postmedia benefits changes include closure of DB pension, EAP

Postmedia Network Canada Corp. is making a number of changes to its defined benefit pension plan, its capital accumulation plans and its benefits plans, according…