Latest news in DC

2021 Top 50 DC Plans Report: Refreshing pension plans to boost engagement, outcomes

While renovation shows on television tend to take a sledgehammer to every surface in a house for dramatic effect, there’s another way. Defined contribution pension…

Focusing on TDF glide paths as migration from DB to DC plans continue

The selection of a target-date fund glide path is more crucial than ever as the migration from DB to DC pension plans continues Since its…

By: Michael McKiernan
October 15, 2021 October 14, 2021
08:55

Collective DC pension plan designs offer benefits to sponsors, members: report

Collective defined contribution pension plans could begin to replace DC plans, just as DC plans have replaced the majority of defined benefit plans in recent…

By: Staff
October 8, 2021 October 8, 2021
09:00

Canada drops to No. 10 in retiree well-being global rankings: report

Canada drops to No. 10 among developed nations for retiree well-being after spending two years in a row at No. 8, according to Natixis Investment…

By: Staff
September 23, 2021 September 22, 2021
09:00

DC pension members prioritizing remuneration, ESG resolutions: survey

Governance-related resolutions are receiving more overall votes from defined contribution pension plan members, but environmental issues are more engaging on a vote-per-measure basis, according to…

By: Staff
September 14, 2021 September 14, 2021
12:00

ESG integration hampered by pension plan sponsors, uncertainty around fiduciary duties: research paper

Board and executive-level efforts to integrate environmental, social and governance issues into pension plans’ investment strategies are frequently thwarted by unclear guidance from plan sponsors…

By: Staff
September 2, 2021 September 2, 2021
09:00

Positive DC plan investment outlook, returns may fuel early retirements: report

After the market rollercoaster ride of 2020, investors’ expectations have shifted considerably, and many are now looking for returns of 10.6 per cent above inflation…

By: Staff
August 17, 2021 August 17, 2021
09:00

Sounding Board: Tips for evaluating a target-date fund

Since target-date funds were introduced to the Canadian market in the early 2000s, they’ve become the dominant investment choice for defined contribution pension plan members.…

By: Colin Ripsman
August 5, 2021 August 5, 2021
09:00

More plan sponsors meeting members’ retirement goals in 2021: survey

A majority (72 per cent) of plan sponsors believe their retirement savings plan is meeting its goals this year, up from roughly 66 per cent…

By: Staff
July 29, 2021 July 29, 2021
09:00

64% of DC plan sponsors looking to improve financial wellness programs: survey

The majority (64 per cent) of consulting and advisory firms said their plan sponsor clients are looking to improve financial wellness programs, according to a…

By: Staff
July 22, 2021 July 22, 2021
09:00

Meet the judges of the 2021 Workplace Benefits Awards

With the 2021 Workplace Benefits Awards’ nomination process drawing to a close in a couple of weeks, Benefits Canada is pleased to announce this year’s…

By: Staff
June 25, 2021 June 24, 2021
09:00

Americans still saving via DC plans despite pandemic-fuelled uncertainty: report

Despite the uncertainty wrought by the coronavirus pandemic, Americans are continuing to save for retirement through defined contribution pension plans, according to new data from…

By: Staff
June 16, 2021 June 16, 2021
15:00

Financial market regulators highlighting focus on DC investment fees

Investment fees led the agenda at the Joint Forum of Financial Market Regulators’ annual meeting last week. This year, the forum engaged externally on investment fees,…

By: Staff
June 15, 2021 June 14, 2021
15:00

New longevity pension fund offers decumulation option for plan sponsors

Purpose Investments Inc. is introducing a new longevity pension fund, which invests 50 per cent in equities and 50 per cent in fixed income. It…

By: Blake Wolfe
June 7, 2021 June 7, 2021
09:00

2021 BPS coverage: How PCL is balancing benefits, pension decisions during coronavirus

With the majority of PCL Construction Ltd.’s workforce continuing to work at its Canada-wide job sites and offices throughout the coronavirus pandemic, the organization’s decisions…

By: Jennifer Paterson
June 4, 2021 June 2, 2021
09:00

FSRA three-year plan includes pension flexibility, transparency and innovation

The Financial Services Regulatory Authority of Ontario has unveiled its priorities for the next three years, including plans to reshape its supervisory role for the…

By: Staff
May 31, 2021 May 31, 2021
09:15

Language, communication shaping DC plan members’ retirement decisions: survey

Language and communication can impact the retirement decisions of defined contribution plan members, according to a new survey by Invesco Ltd. The survey found 60…

By: Staff
May 14, 2021 May 14, 2021
09:10

Federal budget promising relief for DC pension plan under, over contributions

Tucked away in the federal budget are proposals that will lighten the load for defined contribution pension plan administrators confronted with historical under and over…

By: Julius Melnitzer
May 6, 2021 May 6, 2021
09:43

Canadians taking CPP at 60 losing $100,000+ in retirement income: study

Canada Life absorbing TD Bank Future Builders’ RSP program plan members

The Canada Life Assurance Co. is absorbing the Toronto-Dominion Bank’s TD Future Builders retirement savings plan program members as of March 19. “We believe Canada…

By: Staff
January 6, 2021 April 14, 2021
12:21

A look at the investment variables of variable benefits

Since retirees and active plan members are fundamentally different, should their investment options reflect that distinction? That’s the question confronting defined contribution plan sponsors as…

By: Kelsey Rolfe
September 18, 2020 March 3, 2021
08:54

Plan Sponsor Week: How DC pension investments handled the pandemic crash

Defined contribution plan members are contending with volatile equity markets, ultra-low interest rates and the threat of inflation as the country’s economy begins its tentative…

By: Martha Porado
September 4, 2020 February 23, 2021
08:40

How DC pension investments weathered the pandemic storm