Pension plan membership up, coverage rate down
Statistics Canada says membership in registered pension plans in Canada rose in 2011, but the pension coverage rate declined.
- By: Staff
- December 19, 2013 September 13, 2019
- 16:14
Statistics Canada says membership in registered pension plans in Canada rose in 2011, but the pension coverage rate declined.
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What’s preventing members from saving more in their CAPs?
What can CAP sponsors and providers do to keep members on track to retire as planned?
Are members actually using the information, tools and resources available to them?
What motivates CAP members’ behaviour, and what might help them make better decisions?
With the growth of DC pension plans, Canada is moving toward a retirement system that requires people to have financial acumen.
RBC gives its employees support they can bank on with an all-encompassing financial literacy strategy