Latest news in Capital accumulation plans

U.K. proposes a cap on pension fees

U.K. proposes a cap on pension fees

The United Kingdom government has proposed putting a cap on workplace pension plan charges.

  • By: Staff
  • October 31, 2013 September 13, 2019
  • 10:03
Firms offer more help with retirement planning

Firms offer more help with retirement planning

Most American employees are not prepared to maximize the savings potential of their DC pension plans, so employers are offering them more assistance.

  • By: Staff
  • October 31, 2013 September 13, 2019
  • 09:59
DC sponsors urged to focus on de-accumulation

DC sponsors urged to focus on de-accumulation

As DC pension plans become more prevalent in Canada, DC sponsors have been focusing primarily on the accumulation and management of assets for active plan…

More plans on OSFI’s watch list

More plans on OSFI’s watch list

The Office of the Superintendent of Financial Institutions (OSFI) has increased the number of federally regulated pension plans on its watch list.

  • By: Staff
  • October 29, 2013 September 13, 2019
  • 09:36
Industrial Alliance launches lifetime retirement income option

Industrial Alliance launches lifetime retirement income option

Industrial Alliance has launched of SecurOption - Lifetime Retirement Income, a new guaranteed lifetime retirement income option that is added to its group retirement savings…

  • By: Staff
  • October 28, 2013 September 13, 2019
  • 10:05
Communication: Impossible

Communication: Impossible

In his 2012 article, “Too complex to depict?”, Professor Henry Hu of the University of Texas Law School asks whether “too-big-to-fail” banks are too complex…

Scotiabank to pay for costly RRSP mistake

Scotiabank to pay for costly RRSP mistake

Due to mistakes made by Scotiabank on a routine RRSP transaction, a man in Nova Scotia was recently saddled with a tax bill of $35,000—which…

  • By: Staff
  • October 22, 2013 September 13, 2019
  • 10:09
Few small businesses offer health and retirement benefits

Few small businesses offer health and retirement benefits

Although many of Canada’s small businesses feel responsible for their employees, few of them provide health and retirement benefits, according to the 2013 Manulife Financial…

  • By: Staff
  • October 16, 2013 September 13, 2019
  • 11:49
Plan sponsors helping improve retirement readiness

Plan sponsors helping improve retirement readiness

There has been an increase in the number of American plan sponsors whose primary focus is on improving the retirement readiness of their participants, according…

  • By: Staff
  • October 11, 2013 September 13, 2019
  • 09:44

2013 Vancouver Benefits & Pension Summit

The 2013 Vancouver Benefits & Pension Summit provided delegates with the information they need to reduce costs, create solutions, improve the workforce and manage risks.…

  • October 10, 2013 September 13, 2019
  • 09:23
Social media 101 for DC plans

Social media 101 for DC plans

Whether powerfully good or virally bad, social media is here and it is time for plan sponsors to figure out how to use it to…

  • By: Sonya Felix
  • October 8, 2013 September 13, 2019
  • 10:27
DC plan fees decline

DC plan fees decline

Fees related to retirement investment accounts hit another record low in the United States this year, according to a survey.

  • By: Staff
  • October 8, 2013 September 13, 2019
  • 10:09

Big plans

DC sponsors must support their members in preparing for retirement

One in 11 opt out of auto-enrollment

One in 11 opt out of auto-enrollment

Of the 1.6 million people who have been automatically enrolled in workplace pension plans in the United Kingdom, just 9% have opted out.

  • By: Staff
  • September 30, 2013 September 13, 2019
  • 16:20
Goldman to acquire Deutsche’s stable value business

Goldman to acquire Deutsche’s stable value business

Goldman Sachs Asset Management has reached a deal with Deutsche Asset & Wealth Management to acquire its stable value business for an undisclosed amount.

  • By: Staff
  • September 26, 2013 September 13, 2019
  • 10:59
Sponsor intent and actions don’t match

Sponsor intent and actions don’t match

American DC plan sponsors have good intentions but often fail to act on them. A new report reveals a clear gap between the intent of…

  • By: Staff
  • September 16, 2013 September 13, 2019
  • 16:35
CAP income declines

CAP income declines

Amid low interest rates and a slow economic recovery, the income of capital accumulation plan members in Canada has declined significantly over the past few…

  • By: Staff
  • September 16, 2013 September 13, 2019
  • 10:44
Public-private pension gap creates two classes of retirees

Public-private pension gap creates two classes of retirees

Canada is seeing a striking discrepancy in pension benefits between public and private employees, a trend that threatens to create two classes of retirees, a…

  • By: Staff
  • September 12, 2013 September 13, 2019
  • 16:44
DC plans continue to struggle

DC plans continue to struggle

Canada’s workplace DC pension plans continue to struggle. Higher employer contributions can offset that trend, but they’re generally not taking place, leaving the onus on…

  • By: Staff
  • September 12, 2013 September 13, 2019
  • 11:14
Treat them right

Treat them right

To boost engagement, CAP sponsors need to focus on their clients: plan members

Aon Hewitt launches TBP site

Aon Hewitt launches TBP site

Aon Hewitt has launched a website dedicated to target benefit plans for plan sponsors as well as industry and government leaders.

  • By: Staff
  • September 9, 2013 September 13, 2019
  • 14:04
Popularity of hybrid plans expected to grow

Popularity of hybrid plans expected to grow

Hybrid plans could become almost as popular as DC plans in the United States by the end of the decade, according to a report.

  • By: Staff
  • September 6, 2013 September 13, 2019
  • 16:42

Manulife first in Canada to administer federal PRPPs

Manulife Financial is the first Canadian company to be issued a license to administer federal pooled registered pension plans.

  • By: Staff
  • September 6, 2013 September 13, 2019
  • 13:29
Top 50 DC Plans Report: Why worry?

Top 50 DC Plans Report: Why worry?

While volatility in financial markets continues to pose a challenge to DC plan sponsors and members, the initial panic that followed in the wake of…

Canadian pension system outshines U.S. one

Canadian pension system outshines U.S. one

Canada’s pension system receives a lot of criticism, but things here are better than they are south of the border. The Canadian system—as well as…

  • By: Staff
  • September 3, 2013 September 13, 2019
  • 15:53