Latest news in Capital accumulation plans

Why sustainability is a dirty word

Why sustainability is a dirty word

When it comes to protecting the environment and our planet—sustainability is a word people can usually get behind. But ask plan members how they feel…

Editorial: Round trip

When I came back to work last August after my second maternity leave, it was with a renewed sense of eagerness and anticipation. What new…

Pension column: Lessons from Denmark

Quick word association game: Denmark. What’s the first thing that comes to mind? Pastries? LEGO? Beer? Now, add pensions to the list. Denmark apparently has…

DB pension coverage continues to drop

DB pension coverage continues to drop

A fact sheet from the Office of the Chief Actuary shows that the shift to DC from DB is continuing.

  • By: Staff
  • January 31, 2014 September 13, 2019
  • 09:21
Great-West to offer VRSPs

Great-West to offer VRSPs

Great-West Life Group Retirement Services is developing a voluntary retirement savings plan solution to help meet the needs of Quebec workers who don't have a…

  • By: Staff
  • January 30, 2014 September 13, 2019
  • 09:58
Resolutions for DC sponsors in 2014

Resolutions for DC sponsors in 2014

Various recent surveys of DC plan members reveal that they feel confused and ill-prepared when it comes to retirement income. They usually don’t have a…

  • By: Staff
  • January 20, 2014 September 13, 2019
  • 15:16
2014 CAP Suppliers Report: Sea change

2014 CAP Suppliers Report: Sea change

In a shifting CAP landscape, what’s the impact of industry consolidation on plan sponsors?

Workers can text to save for retirement

Workers can text to save for retirement

Principal Financial Group has introduced a new quick enrollment method that lets American employees to sign up to save for retirement in their DC plan…

  • January 16, 2014 September 13, 2019
  • 16:58
Pension column: Building blocks

Pension column: Building blocks

Since 2006, changes in markets and interest rates have led to a drop in the average capital accumulation plan (CAP) member’s replacement income ratio—to 62%,…

DC plan members becoming more conservative

DC plan members becoming more conservative

Despite a bullish outlook on the market, American DC plan participants are becoming increasingly conservative, with a preference for fixed income without a solid understanding…

  • By: Staff
  • January 15, 2014 September 13, 2019
  • 16:51
Target practice

Target practice

For sponsors concerned about the affordability and sustainability of DB plans, a target benefit plan might just hit the spot

Boeing machinists agree to pension changes

Boeing machinists agree to pension changes

Members of Boeing's machinists union have accepted a new contract that includes freezing the DB plan and the introduction of a DC plan.

  • By: Staff
  • January 6, 2014 September 13, 2019
  • 10:18

Breakdown: Retirement ready?

Men are from Mars and women are from Venus, right? Well, it turns out this claim also holds true for retirement planning.

TDFs gaining popularity

More American DC plan members are investing in target-date funds over time.

  • By: Staff
  • December 30, 2013 September 13, 2019
  • 12:59
Pension plan membership up, coverage rate down

Pension plan membership up, coverage rate down

Statistics Canada says membership in registered pension plans in Canada rose in 2011, but the pension coverage rate declined.

  • By: Staff
  • December 19, 2013 September 13, 2019
  • 16:14
IKEA expands benefits package

IKEA expands benefits package

IKEA is expanding its employee benefits package. Beginning in 2014, every employee worldwide will receive an equal contribution to his or her pension plan, based…

  • By: Staff
  • December 19, 2013 September 13, 2019
  • 15:11
Low returns expected to hurt pensions, retirees

Low returns expected to hurt pensions, retirees

Low investment returns loom in the decades ahead. That means bad news for pension plan managers and those saving for retirement, according to a C.D.…

  • By: Staff
  • December 11, 2013 September 13, 2019
  • 16:50
Great-West Life launches interactive savings site

Great-West Life launches interactive savings site

Great-West Life has launched smartPATH 2.0, an interactive online resource designed to help employers better engage their employees in retirement education, planning and saving.

  • December 11, 2013 September 13, 2019
  • 12:03

Guidance on governance options for target benefit plans

As the interest in target benefit plans grows, a new guide by Aon Hewitt says Canada’s pension industry needs to examine the range of choices…

  • December 11, 2013 September 13, 2019
  • 10:03
DB, DC need similar qualities

DB, DC need similar qualities

DB and DC plans should be more similar, according to Jim Leech, Ontario Teachers’ Pension Plan president and CEO.

Pension assets grew in 2012

Pension assets grew in 2012

Statistics Canada reports that pension wealth advanced to nearly $2.6 trillion by the end of last year, an increase of 9.1% from 2011.

  • By: Staff
  • December 10, 2013 September 13, 2019
  • 10:00
How to win members and influence behaviour

How to win members and influence behaviour

Dale Carnegie’s 1936 classic, How to Win Friends and Influence People, might have been written directly for DC plan sponsors. While plan sponsors can’t force…

Ontario seeks feedback on PRPPs

Ontario seeks feedback on PRPPs

The Ontario Ministry of Finance has released a discussion paper on pooled registered pension plans (PRPPs).

  • By: Staff
  • December 6, 2013 September 13, 2019
  • 10:10
Industrial Alliance to offer VRSPs to employers

Industrial Alliance to offer VRSPs to employers

Industrial Alliance will begin offering voluntary retirement savings plans to employers in July.

  • By: Staff
  • December 4, 2013 September 13, 2019
  • 10:13
CAP suppliers report: Behind the eight ball

CAP suppliers report: Behind the eight ball

Over the last few years, a lot of time has been spent enticing employees to become more engaged in retirement planning. While engagement is still…