Latest news in Capital accumulation plans

Plain language is hard to find

Plain language is hard to find

Canadian plan sponsors, administrators and providers give clear communication and plain language around benefits, pensions and other HR programs lip service, but few make any…

Mintz argues for tax overhaul

Mintz argues for tax overhaul

In a presentation today to the Investment Industry Association of Canada, which was clearly designed to influence the upcoming federal budget, Jack Mintz, the executive…

  • By: Al Emid
  • March 9, 2011 September 13, 2019
  • 14:11

Aon Hewitt to provide integrated advisory services to DC members

Aon Hewitt has introduced a fully integrated advisory program to its 401(k) recordkeeping clients. Under the relationship, Aon Hewitt Financial Advisors, LLC, an Aon Hewitt…

  • By: Staff
  • March 8, 2011 September 13, 2019
  • 14:07
Canadians upbeat on finances, less so about retirement

Canadians upbeat on finances, less so about retirement

Consumer confidence is higher now than it was in November of last year and people are also felling better about their fiances, according to the…

RRSPs not getting used to full potential

RRSPs not getting used to full potential

Do you think because you have a group RRSP a pension plan isn’t necessary? If you want employees to start saving for retirement it is.…

CAPSA releases draft governance guidelines

CAPSA releases draft governance guidelines

The Canadian Association of Pension Supervisory Authorities (CAPSA) has released its draft Pension Plan Prudent Investment Practices Guideline and the companion document, the Self-Assessment Questionnaire…

  • By: Staff
  • March 2, 2011 September 13, 2019
  • 14:14
Happy with your DC plan?

Happy with your DC plan?

Early in the year, a client asked us “What would be the best DC plan?” My first reaction was that the “best” plan would vary…

Canadians raiding their RRSPs: BMO

Canadians raiding their RRSPs: BMO

After months of being lectured on their debt accumulation habits, Canadians have apparently taken up another bad habit, in part to combat the first: raiding…

  • By: Steven Lamb
  • February 28, 2011 September 13, 2019
  • 13:44

Third pillar must drive retirement savings innovation

The pooled retirement pension plan (PRPP) announced last year represents a positive first step toward ensuring that all Canadians have sufficient opportunity to save for…

  • By: Neil Faba
  • February 25, 2011 September 13, 2019
  • 15:06

Plan sponsors like PRPP idea

While the federal government’s proposed pooled registered pension plan (PRPP) has its critics, pension plan sponsors welcome the relief that it could afford them, according…

  • By: Steven Lamb
  • February 24, 2011 September 13, 2019
  • 13:33

Simply put at the DC Plan Summit

There’s no question that designing, communicating and administering a DC pension plan is complex. So why was Keep it Simple the theme of this year’s…

  • By: Alison Wood
  • February 24, 2011 September 13, 2019
  • 13:22
Can’t agree for love nor money

Can’t agree for love nor money

Loving is not just looking at each other, it’s looking in the same direction, as goes the adage. But when it comes to money, Canadian…

Why markets can’t save the pension promise

From Investmentreview.ca With most Canadian private-sector workers lacking access to a defined benefit (DB) pension plan – and with the ones who do facing Nortel-like…

  • By: Scot Blythe
  • February 4, 2011 September 13, 2019
  • 10:18
TFSAs: Who has them and why

TFSAs: Who has them and why

Recent RBC survey data shows how many Canadians have TFSAs, and what they’re doing with them. Looking at the Canadian public as a whole, an…

A new approach to financial literacy

A new approach to financial literacy

Few Canadians will voluntarily educate themselves about financial matters—especially when it comes to retirement planning. Just ask the many plan sponsors and providers that have…

Mercer’s resolutions for DC plan sponsors

Mercer’s resolutions for DC plan sponsors

As the attention of both Canadian governments and citizens is increasingly focused toward ensuring adequate income is saved for retirement, Mercer has proposed 10 resolutions…

  • By: Staff
  • January 17, 2011 September 13, 2019
  • 15:08
PH&N launches new funds

PH&N launches new funds

Phillips, Hager & North Investment Management  (PH&N) has launched new funds for institutional investors PH&N  LifeTime Funds are target date investment solutions that offer a…

  • By: Staff
  • January 17, 2011 September 13, 2019
  • 13:45
Voluntary PRPPs won’t address coverage issue

Voluntary PRPPs won’t address coverage issue

Pooled registered pension plans (PRPPs) as a solution to increase pension coverage for Canadians is a notion that was widely supported in the industry when…

What boomers expect from employers in retirement

What boomers expect from employers in retirement

Nearly two million Canadians will retire over the next five years, according to figures from Statistics Canada. Not only will this massive influx of retiring…

Thinking CAP

Thinking CAP

Going by the numbers, 2010 was good to Canada’s capital accumulation plan (CAP) industry. With double-digit growth in both defined contribution (DC) and group RRSP…

Issuing bonds to fund pension deficits

Issuing bonds to fund pension deficits

In November, several companies south of the border issued bonds and the proceeds of the sale were used to help fund pension deficits. These companies…

When members lose control: lessons learned from the world of politics

When members lose control: lessons learned from the world of politics

In 2008, Americans voted in record numbers, with millions submitting early ballots and others standing in lines that snaked around the block—sometimes in pouring rain.…

Is Canada ready for the DC spend-down phase?

Up to now, the CAP industry has largely focused on the accumulation phase of retirement planning. Understandably so, as defined contribution (DC) type arrangements in…

Dynamic DCs: working Canadians deserve it

Dynamic DCs: working Canadians deserve it

Maybe Elvis Presley’s line “a little less conversation, a little more action please” can help inspire the retirement savings industry to ask themselves, “How can…

The millionaire next door

I am known to occasionally throw zingers at my colleagues from time to time. One recent example was my proclamation to a rather bright yet…