Amazon.com Inc. is launching a digital health-care platform for its Canadian employees. The My Wellbeing platform provides employees with access to a range of health-care resources — including virtual physiotherapy sessions, a virtual gym, mental-health support and mindfulness sessions — according to a press release, which noted the platform runs targeted well-being campaigns and challenges […]
Although women must work two years longer than men to be retirement ready, they still retire with 30 per cent less wealth than their male counterparts, according to a Mercer Canada retirement readiness report. The report found women enter retirement with lower retirement savings than men and they also must work longer to achieve retirement […]
Pension investments are a key component of ensuring secure benefits for plan members upon their retirement. To celebrate the plan sponsors and pension investors who work hard to ensure strong investment outcomes, the first-ever Pension Leadership Awards will recognize winners across several categories. The Defined Contribution Investment Innovation Award will go to a DC pension […]
The Mohawk College Foundation is the latest employer to join the Colleges of Applied Arts and Technology pension plan’s DBplus. Prior to the move, which took effect Aug. 1, 2020, foundation employees contributed to a group registered retirement savings plan. On an individual basis, they’re now eligible to transfer their group RRSP balances into DBplus. […]
The Association of Canadian Pension Management is calling on the Ontario government to consider amending the Employment Standards Act and the Pension Benefits Act to allow for auto-enrolment and auto-escalation features in capital accumulation plans. Specifically, it would like the government to allow employers to automatically deduct employee contributions from payroll to facilitate these features. […]