Latest news in Capital accumulation plans

Plan sponsors should consider group decumulation options: ACPM

Plan sponsors should consider group decumulation options: ACPM

More employers should be considering offering group decumulation options to employees, the Association of Canadian Pension Management argues in a new report. While individual options…

DC market shows solid growth for trust- and insurance-based plans

DC market shows solid growth for trust- and insurance-based plans

In its report on employer pension plans in Canada published earlier this month, Statistics Canada noted the overwhelming majority of plan members are in trusteed…

  • By: Glenn Kauth
  • March 31, 2017 September 13, 2019
  • 09:35
CPP changes an opportunity to look at pension plan redesign

CPP changes an opportunity to look at pension plan redesign

Now is the time for employers to start looking at the Canada Pension Plan enhancements and their potential affects on workplace pension plans, said lawyer…

Are you getting the right return on your retirement plan investment?

A retirement plan can be an effective tool in helping employers attract and retain talent while managing an orderly transition in the workforce. Done properly,…

Buy one, get two: How BASF helps staff triple their DC contributions

Buy one, get two: How BASF helps staff triple their DC contributions

Saving enough for retirement is a major challenge for many employees, so when a company’s plan design allows its staff to accumulate 15 per cent…

How to deal with DC pensions in an M&A transaction

How to deal with DC pensions in an M&A transaction

In the course of a merger or acquisition, there are a number of balls to juggle, not the least of which are the changes to…

Can gamification engage pension plan members?

Can gamification engage pension plan members?

Each year, employees at Britain’s Barclays Bank make decisions about their benefits and pension plan during the enrolment period. To learn more about their plan,…

  • By: Jann Lee
  • March 21, 2017 September 13, 2019
  • 08:55
Britain cracks down on DC fees

Britain cracks down on DC fees

When Britain’s former economic watchdog, the Office of Fair Trading, published a report in 2013 about the country’s workplace defined contribution pension market, it was…

Postmedia benefits changes include closure of DB pension, EAP

Postmedia benefits changes include closure of DB pension, EAP

Postmedia Network Canada Corp. is making a number of changes to its defined benefit pension plan, its capital accumulation plans and its benefits plans, according…

Market value of Canada’s trusteed pensions continues to grow: Stats Can

Market value of Canada’s trusteed pensions continues to grow: Stats Can

The market value of Canadian employer-sponsored pension plans grew 3.9 per cent to a total of $1.7 trillion in the third quarter of 2016, nearly…

Newfoundland MHAs’ potential move to DC pension could save $5.2M

Newfoundland MHAs’ potential move to DC pension could save $5.2M

Newly-elected members of the House of Assembly in Newfoundland and Labrador could be moved out of their defined benefit pension plan to a defined contribution…

Health-care union to introduce low-fee, portable savings plan

Canada’s health-care union, the Services Employees International Union Healthcare, is introducing a new low-fee, portable retirement plan for its members and their family members. The…

Have your say: Are employers responsible for helping staff boost RRSP contributions?

Have your say: Are employers responsible for helping staff boost RRSP contributions?

As the registered retirement savings plan turns 60 this year and the annual contribution deadline looms ahead, two new pieces of research show a shift…

  • By: Staff
  • February 21, 2017 September 13, 2019
  • 13:45
More pension plans using target-date funds as default option

More pension plans using target-date funds as default option

Target-date funds continue to be the most common default investment option offered to members of workplace capital accumulation plans, according to new research by the…

Average CAP income replacement level rose slightly at end of 2016

Average CAP income replacement level rose slightly at end of 2016

The gross income replacement level of a typical capital accumulation plan grew by one per cent in the fourth quarter of 2016, according to a…

  • By: Staff
  • February 13, 2017 September 13, 2019
  • 10:32
CAA keeps DB members in mind during DC transition

CAA keeps DB members in mind during DC transition

CAA South Central Ontario will share the lessons learned during its transition to a defined contribution pension plans at the 2017 Benefits and Pension Summit…

Five steps to setting up a DC pension plan

Five steps to setting up a DC pension plan

You’ve decided to launch a defined contribution pension plan for your employees, but you don’t know where to begin. What’s the answer? How do you…

Why Canadians aren’t contributing to RRSPs: survey

Why Canadians aren’t contributing to RRSPs: survey

Fewer Canadians plan to contribute to registered retirement savings plans this year compared to last year (46 per cent versus 50 per cent), though the…

  • By: Staff
  • February 3, 2017 September 13, 2019
  • 09:05
Canadian pension plans moving slowly but surely towards DC: survey

Canadian pension plans moving slowly but surely towards DC: survey

Canadian pension plans have grown significantly over the past decade, a survey by Willis Towers Watson has found. Total pension assets were US$965 billion in…

  • By: Staff
  • January 31, 2017 September 13, 2019
  • 09:09
Have your say: Is it time to permit deferred annuities?

Have your say: Is it time to permit deferred annuities?

Last week, the Pension Investment Association of Canada was the latest group to lend its voice to the growing concern over the decumulation of Canadian’s…

  • By: Staff
  • January 24, 2017 September 13, 2019
  • 09:30
PIAC proposes regulatory changes to address decumulation concerns

PIAC proposes regulatory changes to address decumulation concerns

Canada’s pension and tax regulations need to be updated to address the lack of decumulation options for the growing number of Canadians nearing retirement, according…

  • By: Staff
  • January 20, 2017 September 13, 2019
  • 09:30
Pension sector challenged as number of workers retiring hits 5,000 a week

Pension sector challenged as number of workers retiring hits 5,000 a week

By the end of January, there will be enough new retirees to fill the Air Canada Centre, Jean-Philippe Provost, senior partner and wealth business leader at…

Employee bonuses could lead to RRSP trouble

Employee bonuses could lead to RRSP trouble

Many employees look forward to this time of year as they await their bonuses for the previous year. Many employers plan to pay them out before…

A closer look at trust-based DC pension plans

A closer look at trust-based DC pension plans

One of the fundamental questions about the structure of defined contribution pension plans is one that rarely comes up but that has an impact on…

Solutions to managing the deluge of pension records

Solutions to managing the deluge of pension records

Pension plans, like many businesses, rely on information. While the retention of certain pension plan records is subject to regulation, decisions with respect to the…