Home Pensions Capital accumulation plans

Latest news in Capital accumulation plans

Tips for helping staff piece together their retirement income puzzle

Tips for helping staff piece together their retirement income puzzle

Retirement income can be sliced into three broad categories: what an individual receives from their employer, what they receive from the government and everything else.…

Pension benefits continue to lead growth in Canadian insurance industry: CLHIA

Canadians received a record $103 billion in benefits from life and health insurers last year, up 60 per cent from a decade earlier, according to…

  • By: Staff
  • September 16, 2020 November 30, 2020
  • 09:00

2020 Consultants Report: Pandemic will fundamentally change benefits, pension plans

The coronavirus pandemic is fundamentally changing the future of work and, very likely, the nature of employer-sponsored benefits and pension plans. Looking to the end…

DC plan member education increasingly important: report

Defined contribution plan members saw a bounce-back in equity markets in the second quarter of 2020, boosting their gross income replacement ratios from the lows…

  • By: Staff
  • August 5, 2020 December 6, 2020
  • 08:38

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

Aon U.S. launching pooled employer retirement plan

Global consulting firm Aon is launching a new pooled employer retirement plan on Jan. 1, 2021. U.S. defined contribution plan sponsors will be able to…

Most U.S. DC plans aren’t pausing or reducing contributions during coronavirus: survey

Most U.S. DC plans aren’t pausing or reducing contributions during coronavirus: survey

The majority of U.S.-based defined contribution pension plan sponsors said they haven’t felt the need to pause or reduce contributions during the coronavirus pandemic, according…

  • By: Staff
  • July 2, 2020 November 26, 2020
  • 09:15
Webinar: 2020 CAP Member Survey: Retirement savings, financial well-being in the era of coronavirus

Now is the time to fix capital accumulation plans

The collapse in the equity markets has damaged capital accumulation plan retirement accounts. Governments need to level the playing field between defined benefit plans and…

  • By: Gerry Wahl
  • July 2, 2020 December 6, 2020
  • 08:17
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.…

2020 CAP Member Survey webinar: Challenges ahead

2020 CAP Member Survey webinar: Challenges ahead

As if preparing for retirement wasn’t already a steep challenge, along comes the coronavirus pandemic and its impact on the global economy, throwing up even…

Feds proposals for variable benefits present opportunity to revisit PRPP rules: PIAC

Feds proposals for variable benefits present opportunity to revisit PRPP rules: PIAC

The federal government’s proposals around advanced life deferred annuities and variable payment life annuities represent significant enhancements in decumulation options for Canadian capital accumulation plan…

  • By: Staff
  • June 5, 2019 September 13, 2019
  • 09:00
How Canadian legislation is moving to solve issue of missing pension members

How Canadian legislation is moving to solve issue of missing pension members

While there isn’t reliable data on just how many people are disconnected from their old pension plans, the federal government says the number could be…

Further clarity required on Ontario’s variable benefits proposal: PIAC

Further clarity required on Ontario’s variable benefits proposal: PIAC

While the Pension Investment Association of Canada is praising Ontario’s 2019 budget proposals, it’s also questioning how the provincial government is planning to implement them. In a…

  • By: Staff
  • May 29, 2019 September 19, 2019
  • 09:15
House passes bill to help workers with retirement savings

House passes bill to help workers with retirement savings

The House overwhelmingly approved a bill Thursday to promote retirement security by making it easier for small businesses and other companies to offer retirement plans.…

Pension model of future must find common ground between DB, DC: report

Pension model of future must find common ground between DB, DC: report

The Canadian pension industry must go beyond the defined benefit versus defined contribution debate and focus on the model of the future, according to a…

  • By: Staff
  • May 24, 2019 September 19, 2019
  • 09:00
Pension industry welcomes clarity around electronic communications

Pension industry welcomes clarity around electronic communications

Plan administrators are welcoming the increased clarity accompanying the amendment of Ontario’s Pension Benefits Act to allow for the electronic designation of beneficiaries and the re-issue…

Sounding Board: How will Canadians stretch their retirement savings to age 100?

Sounding Board: How will Canadians stretch their retirement savings to age 100?

I was lucky enough to know my great-grandmother. I remember her living to the age of 94 — “incredible,” my family would say. But not…

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 January 9, 2021
  • 08:59
2019 CAP Member Survey: Helping each generation on their retirement journey

2019 CAP Member Survey: Helping each generation on their retirement journey

Though more than half of Canadian capital accumulation plan members feel financially prepared for retirement, there’s a distinct difference across generations. Given their proximity to…

One-third of employees don’t expect to fully retire: survey

One-third of employees don’t expect to fully retire: survey

A third of employees don’t expect to ever reach full retirement, according to a new survey by Aon. The survey, which polled 1,000 Canadians at all stages of…

  • By: Staff
  • May 7, 2019 September 19, 2019
  • 09:30
A look at the ‘big rock’ decisions for DC plan sponsors

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 will have the most impact on member outcomes, while other…

Improving employees’ financial wellness in fourth industrial revolution

When the World Economic Forum met this year in Davos, Switzerland, it chose a very timely topic: the fourth industrial revolution that’s about to be wrought by automation.…

  • April 30, 2019 November 30, 2020
  • 08:30
Exploring the active nature of target-date funds

Exploring the active nature of target-date funds

Looks aren’t a solid basis on which to form a long-term relationship and neither is the surface-level appearance of a target-date fund. “In a perfect…

Decumulation, cyber security among initiatives in CAPSA’s latest strategic plan

Decumulation, cyber security among initiatives in CAPSA’s latest strategic plan

The Canadian Association of Pension Supervisory Authorities has outlined its priorities for April 2019 to March 2022 in its new strategic plan, which included initiatives…

As DC pension plans come of age, enrolment is key

As DC pension plans come of age, enrolment is key

While the process has been slow to date, it’s clear the migration to defined contribution pension plans will continue in Canada. Defined benefit assets comprised about 47…