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Latest news in DC

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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…

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

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…

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…

How DC pension investments weathered the pandemic storm

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…

UBC faculty pension plan offers fossil fuel-free investment option

UBC faculty pension plan offers fossil fuel-free investment option

Over the last several years, a small group of faculty members at the University of British Columbia has been calling on its pension plan’s board…

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Strong Q2 for pension managers’ pooled funds: report

Diversified pooled fund managers had a positive second quarter of 2020, posting a median return of 11 per cent before management fees, according to the…

  • By: Staff
  • July 27, 2020 December 6, 2020
  • 08:00

ACPM calls for CAP automatic enrolment and escalation features in Ontario

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…

  • By: Staff
  • July 20, 2020 December 6, 2020
  • 09:22
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A fundamental problem with target-date funds

Target-date funds lead to defined contribution plan members taking more risk and becoming more diversified than they would be if left to their own devices.…

Helping members to and through retirement at the Saskatchewan Pension Plan

Helping members to and through retirement at the Saskatchewan Pension Plan

The Saskatchewan Pension Plan is improving investment choice for members in the accumulation phase and introducing new options to help them through decumulation as well.…

How are pension fund directors faring through coronavirus upheaval?

Despite drastic changes stemming from the coronavirus crisis, the majority (58 per cent) of pension fund directors said their fund’s transition to a remote boardroom…

  • By: Staff
  • June 10, 2020 December 6, 2020
  • 10:05
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Considerations for DC plan sponsors before suspending employer contributions

The Canada Revenue Agency is waiving the minimum one per cent employer contribution requirement for defined contribution pension plans for the rest of 2020. To…

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How to ease pension plan member anxiety if they can’t access their funds

Anxiety is running high for many Canadians who are feeling the immediate financial impact of the coronavirus pandemic due to job losses, reduced work hours…

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Will coronavirus push changes to the CAP landscape forward?

With the federal government easing the withdrawal requirements for registered retirement income funds in a bid to alleviate the harm to retirees’ portfolios caused by…

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Managing defined contribution pension plan fees (Part 2)

In a recent expert column, I broke down the different components of fees for defined contribution plans. And now, I will explore the key fee…

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Managing a capital accumulation plan through COVID-19

In this time of global pandemic, the coronavirus is shaking up everything, with high market volatility and changing work arrangements. Everyone is worried — not…

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How do third-party advisors impact DC pension plan performance?

In the world of defined contribution pensions, a plan’s investment menu is important because members’ choices are constrained by the funds that are available. And,…

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Fees, member communications top priorities for DC plans in 2020: survey

For the fourth consecutive year, reviewing fees is the most important step defined contribution plan sponsors are taking to improve their fiduciary positions, with fees…

  • By: Staff
  • January 10, 2020 December 13, 2020
  • 14:00

New tool to help those accumulating and decumulating retirement assets

A professor of finance at York University has developed a new tool to help people who are saving for retirement through multiple vehicles ensure that…

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Does VC have a place in DC pension portfolios?

Traditionally, defined contribution pension funds have not made significant use of venture capital, although over the long-term these assets have tended to perform well. A…

  • By: Staff
  • October 15, 2019 January 5, 2021
  • 09:17
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DC members mixing TDFs with other assets to their potential detriment: report

While target-date funds are intended to be used as a singular option in capital accumulation plans, many defined contribution plan members use them in conjunction…

  • By: Staff
  • September 10, 2019 January 6, 2021
  • 09:46
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Building better target-date fund glide paths

While many glide paths are based on age, is there a case for adjusting these based on account balance fluctuations or on a plan member’s…

Head to head: Is there a place for OCIOs in DC pension plans?

Head to head: Is there a place for OCIOs in DC pension plans?

An outsourced chief investment officer provides external expertise that can ease the minds of plan sponsors overwhelmed by pension management decisions. While the services have…

  • By: Staff
  • May 10, 2019 March 6, 2021
  • 08:59

A look at the ‘big rock decisions’ for DC plan sponsors

When it comes to defined contribution pension plans, some “big rock” decisions for plan sponsors have the most impact on member outcomes, while other decisions…