Three-quarters (74 per cent) of Canadians aged 24 to 44 say the conventional approach to retirement — halting work at age 65 to enjoy a…
Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee…
Employer-sponsored retirement plans that offer matching contributions can help younger workers retire earlier and with more money, according to a new report by Mercer Canada.…
Nearly half (47 per cent) of U.S. millennials are moderately confident in their ability to accumulate enough retirement savings, according to a new survey by…
More than £50 billion in U.K. pension benefits were at risk of being misplaced in abandoned accounts or scattered across multiple lost pots in 2023,…
The Canadian Public Pension Leadership Council is appointing Cheldon Angus, chief people and technology officer at the Saskatchewan Healthcare Employees’ Pension Plan (SHEPP), as council…
Canadian employees who rent or who have mortgage payments are managing economic pressures — like high interest rates and the rising cost of living — by…
Hub International Ltd. is acquiring London, Ont.-based Zavitz Insurance & Wealth Inc. Zavitz Insurance provides group employee benefits, living benefits, life insurance services and financial…
The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the…
Retiring baby boomers are in an era of decumulation anxiety, as they convert their pension assets into income that they fear won’t hold up over…
More than half (55 per cent) of Americans say they’re worried they won’t achieve financial security in retirement, according to a new survey by the…
The University Pension Plan is launching a new web portal to prioritize plan member engagement throughout the year. “Transparency is an important value to our…
An article on how the Ontario Municipal Employees Retirement System has contributed to the province’s gross domestic product was the most-read story on BenefitsCanada.com this…
Ford of Canada is is transferring the longevity risk for $923 million in pension plan liabilities through a group annuity buyout. RBC Insurance, Sun Life Assurance…
The vast majority (89 per cent) of U.S. employees say they’d be more likely to continue working for an employer that offered a retirement plan,…
The average rate of contribution by U.S. Black and Hispanic workers to employer-sponsored retirement plans is roughly 40 per cent lower than that of white…
While Canadians, on average, believe they need $1.7 million in retirement, this amount varies among different generations of employees, according to a new survey by…
Fewer than four in 10 Black Americans say they’ve saved or are saving enough for retirement according to a new survey by LIMRA. The survey,…
An article on the Canada Revenue Agency’s guidance for how employers must determine the province of employment for remote workers was the most-read story on…
Retirement benefits paid out by the Ontario Municipal Employees Retirement System accounted for 9.3 per cent of retirement income in Ontario in 2023, according to…
For its second annual Pension Awareness Day on Feb. 15, the Financial Services Regulatory Authority of Ontario is holding information sessions for its employees to…
Slightly more than a third (35 per cent) of working Canadians aged 50 and older say they can afford to retire when they want, according…
The Quebec government’s removal of the maximum annual amount that can be paid to people aged 55 and older with a variable benefit account tied…
Since decreased cognition can impact retirees’ ability to make sound decisions, the Canadian Union of Public Employees urges its members to discuss financial matters with…
Among the 36 per cent of Canadian employers that say they’ve made changes to their initial 2024 salary budgets, more than half (56 per cent)…