Latest news in Retirement

63% of Americans worry more about running out of money than death: survey

Nearly two-thirds (63 per cent) of Americans say they worry more about running out of money than death, up from 57 per cent in 2022,…

  • By: Staff
  • May 30, 2024 May 29, 2024
  • 09:00
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Cross-border pension plans increasing due to political, economic tension: survey

The number of international pension plans and international savings plans that are offered in countries operating in challenging political or economic circumstances has risen to…

  • By: Staff
  • May 28, 2024 May 28, 2024
  • 15:00
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Top 5 HR, benefits, pensions and investment stories of the week

An article on the value that deferred profit-sharing plans can offer to small- and medium-sized employers was the most-read article on Benefits Canada.com this week.…

  • By: Staff
  • May 17, 2024 May 16, 2024
  • 09:00

CAP member outcomes increasing in Q1 2024: report

Capital accumulation plan members saw a slight uptick in their plan outcome in the first quarter of 2024, as annuity rates rebounded to levels comparable…

  • By: Staff
  • May 16, 2024 May 16, 2024
  • 15:00

Association of Professors of the University of Ottawa, Ontario Confederation of University Faculty Associations joining UPP

The Association of Professors of the University of Ottawa and the Ontario Confederation of University Faculty Associations are joining the University Pension Plan, as of April…

  • By: Staff
  • May 16, 2024 May 16, 2024
  • 09:00
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Sounding Board: How DPSPs can support SMEs’ retirement, talent management goals

Canadian companies, especially small- and medium-sized employers, are facing unprecedented challenges in attracting and retaining skilled and motivated talent. According to a recent survey by…

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Top 5 HR, benefits, pension and investment stories of the week

An article on the federal government’s financial sanctions against the Canada Life Assurance Co. following delayed benefits access for public employees was the most-read article…

  • By: Staff
  • May 10, 2024 May 10, 2024
  • 09:00

Editorial: What a difference four years makes

Four years ago, as the coronavirus pandemic entered its third month, I unknowingly — and unwittingly — took my first steps towards a new chapter…

U.S. employees feeling confident about retirement savings: survey

While a majority of U.S. employees say they’re very confident (39 per cent) or confident (29 per cent) they’re doing a good job preparing for…

  • By: Staff
  • May 10, 2024 May 8, 2024
  • 09:00

Coverage of the 2024 DC Plan Summit

At the 2024 Defined Contribution Plan Summit, which was hosted in Vancouver on Feb. 27-29, attendees learned about the various challenges and solutions for DC…

How AI is impacting DC plan members’ financial decisions

While artificial intelligence may one day be able to remove human bias from financial decision-making, that development remains far in the future, said Lisa Kramer,…

How DC plan sponsors can support women’s financial confidence

While women are increasingly becoming primary income earners, few women manage their own finances as they near retirement, said Elisha Ribeiro, national sales director for…

A look at the Australian Retirement Trust’s approach to decumulation

Inspired by the University of British Columbia’s variable payment lifetime annuity option, the Australian Retirement Trust is taking a similar approach to decumulation, which, in…

Association of Ontario Midwives Benefits Trust supporting employees with financial literacy, DC plan options

Financial literacy initiatives and a wide range of capital accumulation plan options are key components in supporting the financial health of midwives, said Nicole Mellin,…

Are Canadians retirement ready?

Manulife Financial Corp.’s latest financial stress survey found two-thirds (64 per cent) of employees aged 55 and younger and 50 per cent of workers aged…

A look at the SPP’s evolving investment, decumulation options

From its roots as a retirement plan for Saskatchewan farmers, the Saskatchewan Pension Plan has grown over the past four decades to accommodate Canadians from…

What can Canadian DC plans learn from U.S. pension legislation?

Features such as automatic enrolment in 401(k) savings plans are helping U.S. employees become retirement ready, said Mark Iwry, a non-resident senior fellow at the…

How can DC plan sponsors solve the decumulation problem?

During a panel discussion at Benefits Canada’s 2024 Defined Contribution Plan Summit in February, three defined contribution plan sponsors shared their respective decumulation journeys and…

How DC plan sponsors can take the guesswork out of retirement planning

Technology plays an increasingly important role as defined contribution pension plan sponsors seek to deploy decumulation support and retirement advice at scale, said Jean-Michel Lavoie,…

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Expert panel: Cessation of real return bonds increases risk profile for Canadian pension fund model

The recent pressure put on Canadian pensions plans from private managers and governments to re-discover an investment home bias has been met with little enthusiasm,…

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How the ‘father of the 401(k)’ is still helping employees find retirement security

More than 40 years after Ted Benna conceived of what’s now known as the modern defined contribution pension plan structure, the so-called ‘father of the…

Younger workers in the U.S. feeling less confident about their financial security: report

Younger workers in the U.S. are feeling less confident about their financial security compared to those from older generations, according to a report by LIMRA.…

  • By: Staff
  • May 7, 2024 May 6, 2024
  • 15:00

Top 5 HR, benefits, pension and investment stories of the week

A story on how private payers are implementing preferred pharmacy networks to reduce benefits plan costs was the most-read story on BenefitsCanada.com this week. Here…

  • By: Staff
  • May 3, 2024 May 2, 2024
  • 09:00

GreenShield, Unifor agreement includes pension, benefits gains

The union representing more than 600 employees at GreenShield Canada in Toronto and Windsor, Ont. has ratified a three-year collective agreement that includes pension and…

  • By: Staff
  • May 3, 2024 May 2, 2024
  • 09:00