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Latest news in Capital accumulation plans

Advice

Is it an option? Some people think that advice is often given, rarely asked for and seldom used. When it comes to investment advice, group…

Addressing Longevity Risk

The retirement spending challenge. Roughly a generation ago, a number of economic and business trends began shifting retirement savings risk from institutions and employers to…

Getting the Investment Message Across

When do you want to retire? What level of income will you need? How do you feel toward investment risk? How do you select from…

Applying LDI in CAPs

Plan sponsors should focus on managing members’ expectations, not just on benefits adequacy. Whether liability driven investing (LDI) is a new idea or an old…

Unwanted Advice

Most DC plan members aren’t jumping at the opportunity to get financial or investment advice—even if their employers absorb the costs. You’ve probably heard the…

Some Workers Say No to Employer-Matched Savings

Nearly 40% of Canadians have access to employer-matched savings programs, but one out of five of them aren’t participating in such programs, according to a…

Swimming with the sharks

Over the years, I have given hundreds of retirement planning seminars, for all types of employers—in multiple industries—with defined benefit (DB) and defined contribution (DC)…

Surviving Retirement

A plan sponsor’s guide to help members navigate the DC wilderness when transitioning to retirement. Plan sponsors and recordkeepers often focus on helping defined contribution…

Shopping for Annuities

Buying an annuity can be a confusing endeavour for plan members. There are two basic types of annuities—term-certain annuities and life annuities—but there are also…

Protection for DC Sponsors Needed: Study

As pension-related litigation increases, employers who offer defined contribution (DC) plans and group RRSPs require safe harbours, or legal protection or the availability of these…

Automatic Enrollment Plans Get New Hires to Join, But Not to Save

Recent research confirms that automatic enrollment for new hires can improve initial participation rates, but will they save enough for retirement? A study conducted by…

Employees That Invest, Tend to Spend Less: Study

High personal debt is affecting employees’ ability to save for retirement, according to a study by Fidelity Investments. The study found that one-third of American…

Hybrid Plans—Employee Communications

This is the fifth and final article in a series that has revisited the design of hybrid pension plans—plans that deliver the better of a…

Acquiring Minds

There’s been a significant increase in merger and acquisition activity in Canada over the past few years. What is the impact on pension and benefits…

Sun Life Sells U.S. Plan Administration Business

Sun Life Financial has agreed to sell its 401(k)plan administration business in the United States to The Hartford Financial Services Group for an undisclosed amount.…

Industrial Alliance Launches Retirement Planning Tool

Industrial Alliance Insurance and Financial Services Inc. has launched a new financial planning tool for members of its group retirement savings plans. The Your Retirement…

Standard Life Launches Retirement Checkup

The Standard Life Assurance Company of Canada has launched the Retirement checkup, a retirement projection tool designed to engage group plan members in taking action…

Lifecycle funds: Part II

• Part two of a two-part series • In part one, Jean-Daniel took a look at lifecycle (a.k.a. “target date”) funds from the perspective of…

Made to Measure

One size no longer fits all—in today’s CAP market, it’s all about tailoring solutions to meet specific plan sponsor and member needs. You’ve chosen the…

Some ABCP Losses Being Passed On

Some financial institutions are choosing to pass on their asset-backed commercial paper(ABCP)losses to their mutual, pooled and segregated fund investors while others have chosen to…

Making the Switch

There are three options for structuring a pension plan conversion, according to a presentation in Toronto earlier this morning. At the Recent Developments in Pension…

DC, Hybrid Plans Prevail Among World’s Employers

Most employers offering retirement plans now do so through defined contribution(DC)or hybrid approaches, according to a report. Mercer’s Introduction to Benefit Plans Around the World:…

Employees Endorse Auto Enrollment: Study

Employees are nearly unanimous in their support of being automatically enrolled in their companies’ defined contribution plans, according to a study. The Retirement Made Simpler…

Half of Canadian Firms Offer a DC Plan

A survey by the International Foundation of Employee Benefit Plans finds that 51.4% of Canadian organizations offer a defined contribution(DC)plan. The most popular DC plans…

Hybrid Plans—How Should They be Invested?

This is the fourth article in a series that has revisited the design of hybrid pension plans—plans that deliver the better of a defined benefit(DB)promise…