As the government moves forward on enhancements to the Canada Pension Plan, critics are raising concerns about the absence of a dropout clause for parents who…
Canadian retirees report a higher degree of financial satisfaction, are more confident in their financial decisions and have less anxiety about retirement compared to those…
Nearly half (48 per cent) of retired Canadians aged 50 and over stopped working earlier than expected, with 33 per cent doing so because of…
Canada’s health-care union, the Services Employees International Union Healthcare, is introducing a new low-fee, portable retirement plan for its members and their family members. The…
As the registered retirement savings plan turns 60 this year and the annual contribution deadline looms ahead, two new pieces of research show a shift…
China sees Canada as a valuable source of expertise as both countries grapple with the needs of an aging population that’s increasingly retired, according to…
Longevity for Canadian pensioners is lower than anticipated, which could be costing defined benefit plan sponsors, according to new research by Club Vita Canada Inc.…
Target-date funds continue to be the most common default investment option offered to members of workplace capital accumulation plans, according to new research by the…
While many Canadians over the age of 55 have longevity-related concerns when it comes to retirement, only a third expect to adjust their future lifestyle…
Between 2000 and 2013, fewer and fewer 25- to 54-year-olds used registered retirement savings plans, a study from Statistics Canada has found. The number of…
Some 323,000 Canadians have inadequate retirement income once the costs of long-term health care are factored in, a figure that could grow to about 815,500…
Fewer Canadians plan to contribute to registered retirement savings plans this year compared to last year (46 per cent versus 50 per cent), though the…
St. Joseph’s Healthcare Hamilton went back to the basics of budgeting and planning when it hosted a recent series of financial education sessions for employees. The…
Though Canada’s retirement income system was ranked eighth among 27 countries by the 2016 Melbourne Mercer Global Index, it also revealed the weaknesses in our…
While the Association of Canadian Pension Management is in favour of enhancing the Quebec Pension Plan, it’s calling for a targeted solution to the problem…
Last week, the Pension Investment Association of Canada was the latest group to lend its voice to the growing concern over the decumulation of Canadian’s…
As baby boomers approach retirement while their children look for financial help, many are feeling the financial strain. A new TD survey found 62 per cent…
By the end of January, there will be enough new retirees to fill the Air Canada Centre, Jean-Philippe Provost, senior partner and wealth business leader at…
As Canada’s population ages and concerns about retirement income adequacy mount, employers will need to not only reassess their pension and benefits programs but also…
It’s a little shocking to realize that 1,100 Canadians are turning 65 every day. Of that number, about 500 will be relying on their own…
Ask your employees when they intend to retire. You might get surprising answers, because various government and think-tank studies show more Canadians, particularly those employed…
“The Ontario Registered Pension Plan was dead: to begin with. There is no doubt whatever about that. . . . Old ORPP was as dead…
2016 was certainly an interesting year for the pension and investment industries. It was a year of political moves that rocked stock markets, a number…
We’ve all heard over and over again that Canadians spend more than they earn, a trend that has been around for a couple of generations.…
Despite the fact that 59 per cent of generation Xers have saved some of their income for retirement in 2016, just 35 per cent of…