DC assets predicted to overtake DB assets
Global DC pension assets have grown to 47% of all pensions assets in 2014 from 38% in 2004 and are expected to overtake DB assets…
- By: Staff
- February 10, 2015 September 13, 2019
- 12:19
Global DC pension assets have grown to 47% of all pensions assets in 2014 from 38% in 2004 and are expected to overtake DB assets…
As more retirees remain on the job, companies should consider phased retirement arrangements
To improve the long-term financial outlook for workers, a survey finds that the majority of U.S. companies now offer automatic features in their 401(k) plans…
Automatic enrollment can have a powerful influence on participant saving and investment behaviour, finds a Vanguard study.
Families without registered pension plans (RPPs) aren't fully compensating for their lack of RPP coverage through increased savings in other assets, says Statistics Canada.
An increasing number of companies are broadening the types of financial and retirement planning tools and resources they provide to workers.
Standard Life and the Canadian Federation of Independent Business are offering a new retirement savings solution called PrimaPension, which is designed to meet the requirements…
Ninety-seven per cent of DC plan sponsors and 90% of RRSP sponsors say their plans are meeting their original capital accumulation plan (CAP) objectives, reveals…
Legislation to create a retirement plan for private sector employees in Illinois has been signed into law.
Get creative with DC communications by focusing on member behaviour.
DC plan assets are continuing to grow as more Canadian companies are shifting away from DB plans. Shawn Cohen, a director of relationship management for…
This year was an interesting one for the pension industry. After enhancing the Canada Pension Plan was put on hold in late 2013, Ontario went…
The evolution of 401(k) plan designs has resulted in a significant increase in the use of balanced funds, including target-date funds, by recently hired 401(k)…
As policy-makers across the country implement pension reform and address priorities, we wanted to highlight a few of the recent reforms impacting private sector registered…
Discussions about pension plan de-risking tend to focus on minimizing—or at least managing—financial risk for DB pension plan sponsors. Across the spectrum of pension risk…
The Canadian life and health insurance industry is extremely disappointed with the suggestion in the Ontario government's consultation paper on the Ontario Retirement Pension Plan…
The holidays are a magical time. For many of us, they offer a period of reflection, renewal and planning for the coming year. It’s a…
Earlier this summer, Fidelity Investments settled two lawsuits brought by employees over the company’s own 401(k) plan. The suits alleged the firm offered employees its…
Pension wealth advanced to $2.85 trillion at the end of 2013, up 11.4% from 2012, says Statistics Canada.
Decumulation is a trending topic in the pension and broader financial services industries. A Google search on decumulation (and variants) and retirement filtered on Canadian…
A majority of Canadian employers with DC plans say retirement readiness has become a major issue for their employees and for their organizations.
The responsibilities of Canadian DC sponsors during the deculumation phase remain unclear, but they can still help members in a number of ways, experts argue.
Statistics Canada says the market value of Canadian employer-sponsored pension funds rose for the fourth consecutive quarter, totalling $1.4 trillion at the end of the…
A study of 401(k) plans conducted by BrightScope and the Investment Company Institute (ICI) shows that employers are actively participating in their plans. It also…
Employees nearing retirement have a big decision to make: what to do with their workplace savings. Do they have an efficient drawdown strategy? Plan sponsors…