Pension column: Focusing on decumulation
An emerging focus on the payout phase could mean a greater fiduciary role for DC plan sponsors
- By: Paul W. Litner and Jonathan Marin
- August 11, 2014 September 13, 2019
- 07:00
An emerging focus on the payout phase could mean a greater fiduciary role for DC plan sponsors
Without question, workplace pension plans, particularly the traditional DB plan, serve many important purposes in modern society. Employer planning and retention considerations, employee retirement security…
One of the largest problems faced by group retirement plans is plan member apathy.
Retirement confidence remains alarmingly low among DC plan participants polled in the United States, the United Kingdom and Ireland.
Psst! Need to talk about pensions? Here’s how to get employees to listen.
Facebook has the least generous 401(k) plan among 250 of the biggest companies in the United States, according to a report.
A survey by TIAA-CREF shows that 78% of Americans who contribute to an employer-sponsored retirement plan receive matching contributions from their employer, and 77% of…
Great-West Life is now providing voluntary retirement savings plans for businesses in Quebec.
Fifty-five percent of retirement plan participants favour automatic annual increases to their contributions.
Voluntary retirement savings plans from Sun Life Financial and Manulife Financial are now available to employers.
Industrial Alliance and Desjardins Insurance both announced on Tuesday that they are now offering voluntary retirement savings plans to employers.
After last year’s strong market returns, should pension funds put the brakes on low-volatility strategies?
Many Canadian investors need additional guidance to maximize the benefits in their capital accumulation plans, according to a survey.
Rivers of ink have been spilled over how to help DC members to save more, invest better and gain more knowledge. We have applied behavioural…
A report finds that healthcare retirement plan sponsors in the United States are becoming more proactive in their efforts to help employees adequately prepare for…
An increasing number of workers are considering the availability of a company stock plan when evaluating a new job opportunity, according to research conducted by…
It’s been six years since the financial crisis caught the Canadian financial industry off-guard. During this period, countless surveys conducted by financial groups and independent…
Eighty-five percent of small business owners in Quebec support the concept of the new voluntary retirement savings plan, according to a survey.
Eckler has introduced Guided Outcomes, a DC plan management solution that was launched in the United Kingdom by consulting and actuarial firm Hymans Robertson, to…
Among American DC plans automatically enrolling employees, the majority also automatically increase their contribution rate annually, setting up a growing number of employees for healthier…
Jo-Ann Hannah is director, pensions and benefits, with Unifor, Canada’s largest private sector union. She provides an organized labour perspective on ensuring adequate retirement income…
All stakeholders—government, unions, business and citizens—need to focus on cooperating to achieve a sustainable system to fund pensions in the future.
Target date funds offer DC plan members a single, convenient investment solution. An asset allocation trajectory known as a glide path automatically and gradually shifts…
For DJ Galvanizing Corp., getting employees to take responsibility for their DC pension plan means educating them one on one
When it comes to your pension plan, don’t get bogged down in the swamp. Make sure you have a clear vision.