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…
A report finds that U.S. DB pension plans are a far more cost-efficient means of providing retirement income as compared to individual DC accounts.
Despite strong stock market returns over the past year, replacement income levels generated by capital accumulation plans haven't increased.
What DC plan member education can learn from behavioural economics
Lessons for DC plan sponsors on ensuring retirement readiness
Major trends are reshaping Canada’s pension industry—from greater employer interest in sharing or off-loading pension risk to increased on de-risking.
The majority of large and mid-size U.S. employers that sponsor DC plans say retirement readiness has become a major issue for their employees.
Encouraging plan members to set aside money for their future—and to invest those savings in a thoughtful way to grow them over time—is the great…
While participation in employer-provided 401(k) plans is strong among younger American workers, many workers in their 20s and 30s are not saving enough to take…
Most business owners and HR champions of independent Canadian businesses know the benefits of offering a group retirement plan to their employees. Many studies have…
Academic research in behavioural economics and psychology is changing how we understand our pension and benefit plan members’ decision-making process, and how we communicate with…
Pension funds are restructuring for a new investment climate.
Target-date funds are continually evolving, but how will they change moving forward?
The Office of the Superintendent of Financial Institutions has a smaller number of federally regulated pension plans on its watch list.
The Office of the Superintendent of Financial Institutions plans to conduct a pension industry survey later this month, according to its InfoPensions newsletter.
Employers that provide capital accumulation plans (CAPs) to help employees save for retirement may want to double check on their plan members’ perceptions of retirement…
CAP sponsors may be encouraged to see that member satisfaction levels remain high, both with their plans (88%) and with the performance of the plans’…
The 2014 CAP Member Survey highlights—once again—that employee engagement remains a challenge for plan sponsors. And, with plan sponsors included in the survey this year,…