There are two impediments to moving forward with decumulation. One is structural: plan sponsors are reluctant to take on additional fiduciary responsibility. In 2014, the…
A global multi-sector fixed income strategy can offer a wide range of opportunities beyond the domestic market, said Terry Moore, portfolio specialist, global multi-sector and…
Setting up a DC plan can be relatively easy; getting your employees to enrol and make smart investing decisions is much harder.
Canada has the fourth largest equity market in the world but accounts for just 4% of world equity markets, as measured by market capitalization within…
The 2015 DC Plan Summit provided a dynamic forum for senior DC decision-makers to prepare for the next phase of DC plan evolution: decumulation. These…
Investing in stocks has historically provided the potential growth investors need when accumulating assets as they prepare for retirement. In times of market volatility, however,…
Canadian plan sponsors aren’t yet ready to offer financial wellness programs and don’t believe there’s a need for them. They also don’t want to be…
Most plan sponsors agree on the importance of providing some form of qualified advice to plan members, which reflects a shift in risk appetite. Sponsors…
Canadians are missing out on billions of dollars of potential retirement savings every year by not taking full advantage of matching contributions by their employers…
When DC plan sponsors use behavioural economics, it can create better outcomes for DC plan members.
The main challenges of retirement savings—plan participation, contribution rates, and portfolio diversification—are being met head-on by sponsors through their plan and investment menu design decisions,…
Earlier this year, Benefits Canada hosted its annual DC Plan Summit. As part of the agenda, Ole Settergren from the Swedish Pension Agency talked about…
While 401(k) plan balances and participation are at record-highs, a survey from Aon Hewitt reveals that few American workers are actively managing their portfolios.
Less than half of workers report they and/or their spouse have ever tried to calculate how much money they will need to have saved so…
Ontario has passed the Pooled Registered Pension Plans (PRPP) Act, 2015.
Today’s retirees are in a good place, but pre-retirees aren’t getting the help they need
To explain decumulation to clients, ask them to picture a house, says consultant Don Ezra.
The United States Supreme Court says 401(k) plans must monitor the investment options being offered, reports Bloomberg.
Americans leave an estimated US$24 billion in unclaimed 401(k) company matches on the table each year, finds a report.
Employees overwhelmingly favour their employers playing a more active role in their DC retirement plans, but plan sponsors voice reluctance to doing so.
Benefits Canada is proud to present editorial coverage of our 2015 Benefits & Pension Summit.
If you were asked how long you think you’ll live, you’d probably do a quick mental scan of your grandparents, parents, aunts, uncles, and other…
Reforms that negatively affect pension plan participants and beneficiaries also exacerbate income inequality and hinder economic growth, finds a National Conference on Public Employee Retirement…
How can employers offer a better, more efficient DC plan?
Decumulation is a critical issue for DC plan members, since the decisions they make during that stage can have a significant impact on their income.…