Latest news in Capital accumulation plans

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…

Replacement income for CAPs hits lowest levels since 2011: report

Replacement income for CAPs hits lowest levels since 2011: report

The fourth quarter of 2018 saw the largest decline since 2011 in a retiring member’s ability to create a secure retirement income, according to a report…

  • By: Staff
  • April 22, 2019 September 19, 2019
  • 15:30
Financial wellness programs must go beyond education: survey

Financial wellness programs must go beyond education: survey

While educational content is a key component of financial wellness programs, they must also be measurable and embrace technology to help defined contribution plan members move…

  • By: Staff
  • April 22, 2019 September 19, 2019
  • 09:00
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How default investment funds are becoming smarter

With the industry focused on retirement readiness and more defined contribution plan members on glide paths, it’s increasingly important for plan sponsors to choose default…

2019 Workplace Benefits Awards now open for entries

Does your organization’s mental health or diversity program deserve recognition? Are you leading the way when it comes to drug and benefits plan innovation? Is…

How default investment funds are becoming smarter

How default investment funds are becoming smarter

With the industry focused on retirement readiness and more defined contribution plan members on glide paths, it’s increasingly important for plan sponsors to choose default…

2019 DC Plan Summit: Embracing change

2019 DC Plan Summit: Embracing change

During a packed schedule at Benefits Canada’s 2019 Defined Contribution Plan Summit in Banff, Alta., on Feb. 6-8, DC plan sponsors heard about the solutions…

Using behavioural insights to tackle the integrity conundrum

Using behavioural insights to tackle the integrity conundrum

What makes people dishonest? And how can employers understand employees’ decision-making processes to curb dishonest actions? People are good at being creative and rationalizing why…

Personalization key to younger DC plan member engagement

Personalization key to younger DC plan member engagement

As millennials look to their employers to integrate their career, education and leisure, this creates challenges for the pension industry, said Erica Hall, assistant vice-president…

How DC plans can make the best of worst-case situations

How DC plans can make the best of worst-case situations

In a challenging market environment, it’s important to focus on making the most of worst-case scenarios, said Ed Studd, solutions manager for U.S. portfolio solutions…

Redefining the traditional retirement journey

Redefining the traditional retirement journey

When it comes to retirement, it’s key to focus on the journey, not just getting there, said Jean-Pascal Plamondon, national director of client relationship and…

DC pension industry must shift focus to adequate retirement income

DC pension industry must shift focus to adequate retirement income

While a lot of attention has been paid to “the front end of pension plans,” there hasn’t been enough focus on how that translates into…

Plan sponsor panel: Customizing plan design, communication key for DC members

Plan sponsor panel: Customizing plan design, communication key for DC members

In determining which savings options to offer employees, a key component is understanding the workforce and its goals, as well as communicating the offering in…

Investing through the DC plan member lens

Investing through the DC plan member lens

While user experience is a major focus in the technology world, it’s time to start looking at retirement from the end-user experience as well, said…

DC plan member actions affected by volatility

DC plan member actions affected by volatility

In the face of a challenging capital market and its subsequent volatility, defined contribution plan sponsors must consider the affect on plan member behaviour, said Colin…

Engaging millennials in retirement requires different solutions

Engaging millennials in retirement requires different solutions

With different generations in the workplace requiring personalized approaches, the pension industry is reimagining traditional savings plans, said Brady Aarssen, assistant vice-president of business development…

Strategic DC plan design driving right result

Strategic DC plan design driving right result

While the pension industry has traditionally spent a lot of time focusing on active management and its impact, the right result is driven by strategic…

Using plan design to drive better outcomes for DC plan members

Using plan design to drive better outcomes for DC plan members

Looking at the role of plan design in driving member outcomes, it comes down to data and experience, according to Margaret Rux, principal and department…

Holistic retirement thinking: Integrating public, private pensions

Holistic retirement thinking: Integrating public, private pensions

Defined contribution plan sponsors should consider Canada’s public pension system when designing their plans, according to a panel comparing the Canadian system to the ones…

Eliminating ‘tyranny of choice’ in DC plan enrolment

Eliminating ‘tyranny of choice’ in DC plan enrolment

Simplifying DC plan enrolment should begin by eliminating the “tyranny of choice,” making it easier for plan members to just get started, according to Tom…

Wrap-up: Revisiting traditional DC plan approaches

Wrap-up: Revisiting traditional DC plan approaches

As the retirement savings environment evolves, the pension industry must be aware of the changes to move with them, said Zaheed Jiwani, principal at Eckler…

Group TFSAs could encourage retirement savings for low-income Canadians: report

Group TFSAs could encourage retirement savings for low-income Canadians: report

Employers could play a role in encouraging low-income Canadians to save more for retirement by offering  group tax-free savings accounts, according to a report by the…

Think tank calling for tax-free workplace pension plans

Think tank calling for tax-free workplace pension plans

A new paper from Ryerson University’s National Institute of Ageing is calling for the creation of workplace tax-free pension plans to better support Canadians’ financial security…

Older employees to make up larger portion of Canadian workforce

Older employees to make up larger portion of Canadian workforce

Workers over the age of 55 could make up more than a quarter of Canada’s labour force by 2036, according to new labour force predictions…