Walk into Winnipeg’s Woodhaven Community Club on a Tuesday afternoon, and you’ll likely find a group of men in their 60s, 70s and 80s. They…
GE Canada has relaunched its online retirement tool to help employees understand how the organization supports them in saving for retirement and how they can…
Employers and employees have very different views on who bears the responsibility for ensuring employees retire successfully, according to Benefits Canada’s 2016 CAP Member Survey.…
The majority of Canadians between age 35 and 54 are not saving enough for retirement, according to a new TD survey that looked at the…
The government of Manitoba has introduced legislation to bring pooled registered pension plans to the province, a move first referenced in the throne speech on…
Domtar Corp. hosted its first total reward week at its Canadian head office in Montreal at the end of September to help employees understand their…
A third (33 per cent) of Canadian employers have mandatory participation in their group retirement savings plans, according to Sun Life Financial’s new report on…
With November marking Canada’s financial literacy month, now is a great time for employers to address the need for financial education in the workplace, says…
As concerns over retirement income adequacy mount, the role of plan members in making decisions about their pension investments is a growing concern. Some plan…
Despite pension administrators’ best efforts, missing members are a significant challenge for many plans. With no standardized method for searching for them, plans tend to…
Although rising costs for pension and benefits plans continue to be a concern for employers, many plan sponsors are finding ways to address the challenges…
Convergint Technologies is hosting what it calls a No Spender November effort this month to encourage its employees to be more aware about their individual…
After months, and even years, of buildup and anticipating, Republican nominee Donald Trump is the next president of the United States. Looking at his platform,…
Millennial business owners are more likely to invest in employee benefits with 81 per cent investing in benefits within a year of launching their business,…
The baby boomers, of which I am one, are famous for having distorted just about every market they have touched. Housing was perhaps the first…
The federal government has introduced legislation to enhance the Canada Pension Plan days after British Columbia signed on to support the expansion. Upon receiving royal…
During an event held last week in Toronto, participants discussed how the 70-per-cent replacement rate as a measure of retirement income adequacy could be modified.…
Cancelling the increase to the age of eligibility for old-age security was certainly a popular move. The change, which quickly followed the Liberals’ election in…
When considering claims that Canadians lack adequate savings for retirement, it’s crucial to ask whether “fourth-pillar” assets have been fully considered in reaching this conclusion,…
While there has been much discussion of the need to refine the common notion of a 70 per cent replacement rate in retirement, implementing a…
The existing Canada Pension Plan is on sustainable financial footing at its current contribution rate and its assets are projected to grow from $285 at…
Most of the growth in the Canadian life and health insurance industry in 2015 came from the pensions and retirement market, the Canadian Life and…
Manulife Financial has introduced an online planning program for employees who participate in its workplace retirement savings plans. The program, Retirement Redefined, includes personalized planning…
Great-West Life is piloting an online financial program with about 5,000 plan members aimed at improving their financial outcomes. The program, called Wayfinder, allows plan…
The Bank of Canada’s governor says today’s era of stubbornly low interest rates means it’s time to revisit retirement planning and temper business investment expectations.…