Most target-date funds aren’t serving employees well, argues a paper published earlier this month in the Social Science Research Network. While target-date funds are an easy…
It’s never easy telling employees their pension benefits are getting worse, whether that’s because of a merger, a sale or simply a cost-savings measure. But when…
Modern defined benefit pension plans provide the retirement income security Canadians want with the stable and predictable costs that employers desire. And, with recent changes,…
Ninety per cent of Canadians would be willing to contribute more to a pension to ensure they have a predictable income at retirement, according to…
The gross income replacement level of capital accumulation plans has remained steady for both males and females over the previous quarter, while increasing investment returns…
Girls are “made of sugar and spice and everything nice — and gunpowder and Cubans and bourbon, no ice.” So sang Columbia Business School students…
The Ontario government is moving to allow for variable benefits from defined contribution pension plans, according to the 2017 budget tabled yesterday. “I think it’s…
Meeting plan members’ retirement goals (29 per cent) and managing litigation risk (25 per cent) are the top factors driving defined contribution pension plan sponsor…
We’re living in a society with a new generation of employees who also happen to be digital natives. Generation-Y and millennials learn, act and understand…
When it comes to addressing the many challenges facing pension and benefits plans, we already know many of the solutions. Taking action on them, however,…
The Public Employees Benefits Agency, which administers the pension plan for public sector employees in Saskatchewan, has been looking at how to support members around…
Unlike the promise by defined benefit plans of a stream of income during retirement, their defined contribution counterparts focus more on the accumulation of assets.…
Defined contribution pension plans in Canada are maturing quickly and becoming more sophisticated. Contributions and plan assets continue to grow, investment options are evolving and…
The pension and benefits industry often talks about flexibility and customization of plans, but how many companies are actually changing their offerings to introduce those…
While many defined contribution pension plan members have similar objectives around retirement readiness, each person’s journey to reach the goal will be different. During his…
To leave no one behind, defined contribution pension plans must adapt and innovate. That’s the message delivered by Daniel Morris, portfolio solutions manager with Schroder…
Behavioural economic biases, particularly among younger and older defined contribution pension plan members, may influence their investment choices and put retirement outcomes at risk, participants…
At Benefits Canada’s 2017 Defined Contribution Plan Summit, Janice Holman, principal at Eckler Ltd., moderated a presentation highlighting unique approaches three different plan sponsors have…
As it is in Canada, member engagement is a buzzword for the defined contribution pension plan industry in Australia. But engagement doesn’t go far enough,…
Across the globe, the defined contribution retirement model is in transition on a number of fronts. Jean Young, senior research analyst at the Vanguard Group…
Moderators: Nadia Darwish, vice-president of development, marketing and investment strategy; and Karrina Dusablon, national vice-president of business development, client relationship and member experience, at Desjardins…
Moderators: Jeremy Evanson, partner, administrative solutions practice; and Michelle Loder, partner, defined contribution solutions, at Morneau Shepell Ltd. Once the new Canada Pension Plan benefits…
Moderators: David Devine, regional vice-president, western region, group retirement services, wealth management; and Christine van Staden, vice-president of national accounts at Great-West Life Most plan…
Moderators: Mazen Shakeel, vice-president of market development for group retirement services; and Sharon Vanderwerff, regional vice-president, western region, group retirement services, at Sun Life Financial…
Moderators: Sharon Seifried, national vice-president for corporate accounts, group retirement solutions; and Fraser Wiswell, assistant vice-president for group retirement solutions, at Manulife Financial With the…