capital accumulation plans – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 15 Jul 2024 20:34:28 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 2024 Vancouver Benefits Summit: How Telus is making well-being, mental health a cultural priority https://www.benefitscanada.com/events/conference-coverage/2024-vancouver-benefits-summit-how-telus-is-making-well-being-mental-health-a-cultural-priority/ Mon, 08 Jul 2024 11:52:03 +0000 https://www.benefitscanada.com/?p=156945 Telus Communications Inc. is ensuring employees bring their best self to the job by supporting their well-being both in the workplace and at home, said Wade Domries, the company’s vice-president of global total rewards, during a session at Benefits Canada’s 2024 Vancouver Benefits Summit in May. The organization’s current approach to well-being started taking shape […]

The post 2024 Vancouver Benefits Summit: How Telus is making well-being, mental health a cultural priority appeared first on Benefits Canada.com.

]]> 59% of Canadians with a workplace pension plan feel prepared for retirement: survey https://www.benefitscanada.com/pensions/retirement/59-of-canadians-with-a-workplace-pension-plan-feel-prepared-for-retirement-survey/ Wed, 26 Jun 2024 19:00:48 +0000 https://www.benefitscanada.com/?p=157468 Six in 10 (59 per cent) Canadians with an employer-sponsored pension plan say they feel somewhat or very well prepared for retirement, compared to only 34 per cent of respondents without a workplace pension plan, according to a new survey by the Healthcare of Ontario Pension Plan. The survey, which polled 2,000 Canadian employees, found fewer than […]

The post 59% of Canadians with a workplace pension plan feel prepared for retirement: survey appeared first on Benefits Canada.com.

]]> Dollar cap matching could more equitably distribute 401(k) contributions, reduce plan sponsor costs: report https://www.benefitscanada.com/pensions/cap/dollar-cap-matching-could-more-equitably-distribute-401k-contributions-reduce-plan-sponsor-costs-report/ Tue, 11 Jun 2024 13:00:00 +0000 https://www.benefitscanada.com/?p=156675 Dollar cap match formulas could distribute employer contributions to 401(k)s more equitably than other common match formulas, according to a new report by Vanguard Inc. The report analyzed more than 1,300 large employer-sponsored plans that are record-kept by Vanguard between 2013 and 2022. It found among two-thirds of plans, employer contributions exacerbate pay inequity and […]

The post Dollar cap matching could more equitably distribute 401(k) contributions, reduce plan sponsor costs: report appeared first on Benefits Canada.com.

]]> Taskrabbit providing U.S. gig workers with retirement benefits https://www.benefitscanada.com/pensions/retirement/taskrabbit-providing-gig-workers-with-retirement-benefits/ Fri, 31 May 2024 13:00:46 +0000 https://www.benefitscanada.com/?p=156260 Online gig economy platform Taskrabbit Inc. is providing U.S. gig workers with retirement benefits through a new initiative. The program, in partnership with financial services firm Robinhood Markets Inc., provides workers with access to a match program for individual retirement account contributions. During the first year of enrolment, workers receive a two per cent match on […]

The post Taskrabbit providing U.S. gig workers with retirement benefits appeared first on Benefits Canada.com.

]]> Cross-border pension plans increasing due to political, economic tension: survey https://www.benefitscanada.com/pensions/cap/cross-border-pension-plans-increasing-due-to-political-economic-tension-survey/ Tue, 28 May 2024 19:00:40 +0000 https://www.benefitscanada.com/?p=156127 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 126, up from 54 in 2019, according to a new survey by WTW. The survey, which polled 960 global plan sponsors that offer IPPs and ISPs, found this increase is […]

The post Cross-border pension plans increasing due to political, economic tension: survey appeared first on Benefits Canada.com.

]]> Top 5 HR, benefits, pensions and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pensions-and-investment-stories-of-the-week-3/ Fri, 17 May 2024 13:00:18 +0000 https://www.benefitscanada.com/?p=155716 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. Here are the top five human resources, benefits, pensions and investment stories of the past week: 1. Sounding Board: How DPSPs can support SMEs’ retirement, talent management goals 2. CPPIB wants to […]

The post Top 5 HR, benefits, pensions and investment stories of the week appeared first on Benefits Canada.com.

]]> CAP member outcomes increasing in Q1 2024: report https://www.benefitscanada.com/pensions/cap/cap-member-outcomes-increasing-in-q1-2024-report/ Thu, 16 May 2024 19:00:56 +0000 https://www.benefitscanada.com/?p=155663 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 to those from the third quarter of 2023 and gross income replacement ratios remained at multi-year highs, according to a new report by Eckler Ltd. The consultancy’s latest CAP income […]

The post CAP member outcomes increasing in Q1 2024: report appeared first on Benefits Canada.com.

]]> Saskatchewan arbitrator sides with Canadian Blood Services in pension contributions case https://www.benefitscanada.com/pensions/pension-communication/saskatchewan-arbitrator-sides-with-canadian-blood-services-in-pension-contributions-case/ Thu, 16 May 2024 13:00:09 +0000 https://www.benefitscanada.com/?p=155627 A Saskatchewan arbitrator has ruled that Canadian Blood Services doesn’t owe an employee eight years of retroactive pension contributions because it took the proper steps to fix its failure to provide her with enrolment forms within the appropriate time limits. “The decision recognizes that mistakes happen in administering pension plans and that administrators can take […]

The post Saskatchewan arbitrator sides with Canadian Blood Services in pension contributions case appeared first on Benefits Canada.com.

]]> Sounding Board: How DPSPs can support SMEs’ retirement, talent management goals https://www.benefitscanada.com/pensions/cap/sounding-board-how-dpsps-can-support-smes-retirement-talent-management-goals/ Mon, 13 May 2024 13:00:47 +0000 https://www.benefitscanada.com/?p=155517 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 Robert Half Canada Inc., 42 per cent of Canadian employees have already started searching for a new job or are planning to do so in the first six months of […]

The post Sounding Board: How DPSPs can support SMEs’ retirement, talent management goals appeared first on Benefits Canada.com.

]]> U.S. employees feeling confident about retirement savings: survey https://www.benefitscanada.com/pensions/retirement/u-s-employees-feeling-confident-about-retirement-savings-survey/ Fri, 10 May 2024 13:00:01 +0000 https://www.benefitscanada.com/?p=155397 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 retirement, nearly two-thirds (62 per cent) either strongly or somewhat agree that preparing for retirement makes them feel stressed, according to a new survey by the Employee Benefit Research Institute. […]

The post U.S. employees feeling confident about retirement savings: survey appeared first on Benefits Canada.com.

]]>