Social media is breathing new life into employers’ pension communications, helping to make the benefit resonate with different audiences and offering organizations a far wider footprint than traditional channels. In some ways, the coronavirus pandemic was one of the key drivers of increasing the use of social media in workplace communications, says Jeff Pekar, director […]
The National Institute on Ageing at Toronto Metropolitan University is recognizing Canadian pension industry mainstay Bob Baldwin with its inaugural lifetime achievement award. An expert in retirement income with more than 30 years of experience, Baldwin has held many roles in the pension sector, including chair of the C.D. Howe Institute’s pension policy council, director at […]
An article on how financial wellness programs can help employees in their relationships was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Wellness programs key to keeping financial stress out of relationships: expert 2. 64% of Canadian employees […]
While nearly three-quarters (72 per cent) of U.K. employees say it’s important their employer offers a pension plan that’s invested according to environmental, social and governance factors, half (47 per cent) say they don’t know whether their pension is invested in this way, according to a new survey by Scottish Widows. The survey, which polled […]
Global pensions assets rose by 4.9 per cent as of December 2024, reaching a record US$58.5 trillion, led by growth in the largest defined contribution pension markets, according to a report by WTW’s Thinking Ahead Institute. Indeed, it found among the seven largest pension markets globally — Canada, the U.S., the U.K., the Netherlands, Switzerland, […]
A fifth (20 per cent) of individuals from generation Z and generation Alpha are open to receiving pension payouts in cryptocurrency, according to a new survey by cryptocurrency exchange Bitget. While it found three-quarters (78 per cent) expressed greater trust in alternative retirement savings options compared to traditional pension systems, a similar percentage (73 per […]
Implementation of harmonized minimum funding regulations for federally regulated defined benefit pension plans tops the Pension Investment Association of Canada’s list of advocacy priorities in 2025. Currently, DB plan sponsors are operating amid a patchwork of minimum funding regulations across the country, as most provinces have introduced requirements of their own. “A unified ‘going-concern plus’ regime […]
Six in 10 Canadian (57 per cent) employees say they’re either in the process of moving employers or may seek new employment in the next 12 months, according to a new survey by Aon. The survey — which polled more than 9,000 global workers, including more than 500 Canadian respondents — found a fifth (22 […]
The cryptocurrency-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses could push states to become more open to crypto and lead public pension funds and treasuries to buy into it. Many bitcoin enthusiasts and investors are quick to say government-backed currencies are prone to devaluation and increased government buy-ins will stabilize […]
Amazon.com is facing a lawsuit that claims the company violated U.S. federal law by using nearly US$350 million in forfeited 401(k) funds to offset the company’s own contributions rather than to reduce administrative fees for plan participants, according to a report by Reuters. In December, Cory Curtis, an employee of the online retail company, filed a […]