Canadian regulators and plan sponsors can look to the U.S. for ways to solve many of their capital accumulation plan(CAP)challenges, according to panelists at the…
With defined contribution(DC)plans now being the primary retirement-savings vehicle for American workers, Prudential Retirement has released a report with proposals to energize DC programs. The…
In prior articles in this series, I have revisited the design of hybrid pension plans—plans that deliver the better of a defined benefit(DB)promise and a…
With more and more Canadian employees relying on defined contribution pensions for their retirement income, it may be time for plan sponsors to step in…
Ontario has made changes to its locking-in provisions, following the footsteps of the western provinces that have introduced different forms of “unlocking” of pension funds…
Upon my return from holidays, I had—amongst a few others—two voice mails from clients. One plan sponsor was asking for guidance to draft a memo…
Eighty-three percent of 401(k)participants were found to not know how much they pay in fees and expenses associated with their plan, according to a survey.…
With the dark years behind them, pensions around the world are innovating and preparing for their comeback. Just a few short years ago, it seemed…
With mandatory retirement all but abolished across Canada, how will phased retirement work under the current legislative landscape? When we hear the word retirement, most…
The average account balance among American workers who consistently held 401(k)accounts over a seven-year period increased at an annual rate of 8.7%, says a study…
Retirement assets in the United States have reached a record US$16.4 trillion dollars in 2006, an increase of 11% over the prior year and a…
Canadians are not keeping up with the rapid pace of changes in their employer-sponsored retirement plans, as defined benefit(DB)plans are scrapped in favour of defined…
So you’ve done your homework over the last couple of years and have your CAP Guidelines review, leading to the implementation of some plan monitoring…
Many multinational companies are re-examining global investment policies and risk management strategies related to their retirement plans, a survey has found. The Watson Wyatt survey…
UBS Global Asset Management has formed a defined contribution and retirement solutions group based out of Chicago. Last year’s Pension Protection Act opened the door…
Automatic enrollment accounts are gaining in popularity and may soon become the norm for defined contribution(DC)plans, according to a recent survey by the Employee Benefit…
There are unique challenges when it comes to pension plans in Canada and plan sponsors will face many more in the future, said participants at…
An increasing number of defined contribution(DC)plans are getting a socially responsible investment(SRI)option in their defined contribution plans at work, according to new Mercer Investing Consulting…
As the saying goes, if you stay around long enough, old ideas will return. While we can only hope this does not happen with disco…
Barclays Global Investors Canada has recently introduced its new lifecycle funds. “LifePath Portfolios are a good option for companies whose employees have limited investment experience…
Newfoundland and Labrador has introduced legislative changes that will protect assets held in capital accumulation plans from being seized by a plan holder’s creditors, says…
Having many options to choose from can be a good thing but for capital accumulation plan members, being able to choose from a wide variety…
We have all heard this in one form or another: you should progressively invest more conservatively as you approach retirement (my personal favourite is the…
A growing number of plan sponsors overseeing both DB and DC plans are establishing their own funds to consolidate the two investment structures. Out with…
Small business employees in the United States are at a disadvantage when it comes to retirement savings, according to a Transamerica survey. When compared to…