Top Stories in Retirement

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CLHIA calling for increased access to VPLAs, prescription drugs

The Canadian Life and Health Insurance Association is calling on the federal government to permit standalone variable payment life annuities to pool participants from all…

  • By: Staff
  • August 9, 2021 August 9, 2021
  • 15:00

Vale mine workers ending strike after winning pension, benefits increases

The first strike at Vale Canada in more than a decade is drawing to a close after unionized workers at the Sudbury, Ont., mine ratified a collective…

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CAPSA developing multi-jurisdictional VPLA framework for DC pension plans

The Canadian Association of Pension Supervisory Authorities is developing a framework for defined contribution pension plans to offer variable payment life annuities. In developing the…

  • By: Staff
  • August 4, 2021 August 3, 2021
  • 09:00
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More plan sponsors meeting members’ retirement goals in 2021: survey

A majority (72 per cent) of plan sponsors believe their retirement savings plan is meeting its goals this year, up from roughly 66 per cent…

  • By: Staff
  • July 29, 2021 July 29, 2021
  • 09:00
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U.S. employees lacking access to financial wellness programs: survey

A majority (63 per cent) of U.S. employees said their employer doesn’t offer a financial wellness program, according to a new survey by the Defined…

  • By: Staff
  • July 27, 2021 July 27, 2021
  • 15:00
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Rio Tinto workers striking over pension plan, retirement benefits

About 900 employees at Rio Tinto Group’s aluminum smelting facilities in Kitimat, B.C. are on strike after Unifor Local 2301 and the company failed to…

  • By: Staff
  • July 27, 2021 July 26, 2021
  • 09:00

64% of DC plan sponsors looking to improve financial wellness programs: survey

The majority (64 per cent) of consulting and advisory firms said their plan sponsor clients are looking to improve financial wellness programs, according to a…

  • By: Staff
  • July 22, 2021 July 22, 2021
  • 09:00

Great-West Lifeco subsidiary acquiring Prudential Financial’s retirement business for $4.45BN

Empower Retirement, the U.S. subsidiary of Great-West Lifeco Inc., is purchasing Prudential Financial Inc.’s full-service retirement business for $4.45 billion in a bid to deepen…

Number of employees retiring, quitting could rise as pandemic recedes: report

Employees choosing to retire or quit could rise in the second half of 2021 alongside the coronavirus pandemic receding, according to a report by the…

Pandemic impacting American employees’ attitudes toward finances, retirement, savings: surveys

Almost half (40 per cent) of American workers said the coronavirus pandemic’s made them more concerned about planning for retirement, according to a survey by…

  • By: Staff
  • July 2, 2021 July 2, 2021
  • 15:00

University Pension Plan launches multi-employer DB pension plan

The University Pension Plan is launching its jointly sponsored pension plan, providing management services to the Queen’s University, the University of Guelph and the University…

  • By: Staff
  • July 2, 2021 July 2, 2021
  • 09:00
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East coast companies among early adopters of new retirement savings platform

Two East coast companies are among the early adopters of a retirement savings platform for employers in the not-for-profit sector. Prince Edward Island Family Violence…

Millennials, gen-Xers hit hardest financially during pandemic: survey

The coronavirus pandemic is financially impacting generation Z, millennials, generation X and baby boomers differently. Canadians from the millennial (22 per cent) and gen-X (25…

  • By: Staff
  • June 24, 2021 June 24, 2021
  • 09:00