Latest news in Capital accumulation plans

Head to head: Should pension plans be investing actively or passively?

Head to head: Should pension plans be investing actively or passively?

Two experienced pension professionals weigh in on the longstanding debate regarding whether pension plans should be investing actively or passively. Blair Richards, chief investment officer…

2020 CAP Suppliers Report: Stretching into the financial wellness space

2020 CAP Suppliers Report: Stretching into the financial wellness space

In the old days, employers would often gather employees in a dusty conference room and pass around a box of Timbits while talking at a…

  • December 18, 2020 April 23, 2021
  • 08:56
U.S. employers reinstating, upping matching contributions for DC plans: survey

U.S. employers reinstating, upping matching contributions for DC plans: survey

Plan sponsors in the U.S. that suspended or reduced employer-matching contributions are reinstating them or increasing their levels by 2021, said a new survey by Willis Towers…

  • By: Staff
  • December 14, 2020 April 28, 2021
  • 15:00
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…

  • 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…

2019 CAP Suppliers Report: A look at the RRSP-DPSP combination

The Swedish word “tack” translates to “thank you,” which is precisely what IKEA is saying to employees with its Tack! loyalty program. In Canada, the…

2019 Top 50 DC Plans Report: What does the future hold for hybrid pension plans?

While defined contribution pension plans evolve and defined benefit plans decline, the McGill University pension plan is a true blend of both types — at…

2019 Consultants Report: What benefits and pension topics are top of mind for consultants?

2019 Consultants Report: What benefits and pension topics are top of mind for consultants?

Compared to the preceding years, 2019 appears to be the year of steady when it comes to progress on hot topics that resonated in the…

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…

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…