Keyword: pension communications

326 results found
Editorial

The uniting theme at the 2022 Defined Contribution Plan Summit was financial wellness, a chief concern for any employer that offers a pension plan to its workforce. In particular, with inflation reaching its highest level in four decades and people facing several competing financial priorities, including simple day-to-day expenses, plan sponsors are bringing flexibility to […]

The 2022 Defined Contribution Plan Summit, which was hosted in Victoria, B.C. on May 11-13, featured several case studies from innovative DC plan sponsors, as well as presentations by thought leaders to help employers embrace their employees’ evolving financial priorities and prepare for the future. Across the two-day event, the themes included: rethinking retirement in […]

During a session at Benefits Canada‘s 2022 DC Plan Summit, Simon Cabral, Scotiabank’s director of global defined contribution plans, shared how the organization ties employees’ financial wellness into their broader well-being. A few years ago, the bank rebranded its benefits offering, linking its benefits, retirement savings and employee share ownership plans. The new strategy includes […]

In a panel discussion during Benefits Canada‘s 2022 DC Plan Summit, three defined contribution pension plan sponsors shared how their plans are evolving to ensure retirement savings are flexible, maximize employee engagement and cater to members’ divergent financial needs. During the coronavirus pandemic, Niagara Casinos laid off 96 per cent of employees and its casinos […]

An open dialogue about diversity, equity and inclusion is vital for raising the resilience and overall wealth of pension plan members, said Ryan Weiss, vice-president of group customer national accounts at Canada Life, during a session at Benefits Canada‘s 2022 DC Plan Summit. Also speaking during the session, Elisha Ribeiro, the insurer’s national sales director […]

With the 2015 merger of Kraft Foods and H.J. Heinz Co., Kraft Heinz Canada was left with a “mixed bag” of savings and retirement programs. It’s goal for a new streamlined program was a mandatory base plan and a voluntary component with 100 per cent employee participation. “It was important for us to come together […]

Providing tools to help defined contribution pension plan members make solid financial decisions rather than making the decisions for them was the impetus for Canadian Forest Products Inc.’s multi-year financial wellness program, according to Lisa Weber, the company’s pension and benefits advisor, during a session at Benefits Canada‘s 2022 DC Plan Summit. Since Canfor closed […]

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New Brunswick is amending its Pension Benefits Act to allow for enhanced communications with plan members, exempt compulsory membership for religious beliefs and allow for reserve accounts and the statutory discharge of annuity buyouts. The amendments will also provide the Financial and Consumer Services Commission with the authority to address overpayment errors and grant rule-making, according to […]

The Canadian Investment Review is now accepting nominations for the 2022 Pension Leadership Awards. The third annual Pension Leadership Awards will celebrate the organizations and individuals that have made extraordinary efforts on behalf of their pension plan members. Visit the Pension Leadership Awards website to submit a nomination for your organization. Consultants and advisors are also encouraged […]

  • By: Staff
  • July 12, 2022 July 12, 2022
  • 12:00

Diversity, equity and inclusion initiatives aren’t a new concept for employers — just ask any human resources professional. However, in a changing world marked by growing calls for social justice, many plan sponsors are extending these initiatives beyond workplace conduct and employee benefits into retirement planning, merging diversity with their pension plans’ designs and communications […]