Pensions Capital accumulation plans Page 78

Latest news in Capital accumulation plans

Acquiring Minds

There’s been a significant increase in merger and acquisition activity in Canada over the past few years. What is the impact on pension and benefits…

Sun Life Sells U.S. Plan Administration Business

Sun Life Financial has agreed to sell its 401(k)plan administration business in the United States to The Hartford Financial Services Group for an undisclosed amount.…

Lifecycle funds: Part II

• Part two of a two-part series • In part one, Jean-Daniel took a look at lifecycle (a.k.a. “target date”) funds from the perspective of…

Industrial Alliance Launches Retirement Planning Tool

Industrial Alliance Insurance and Financial Services Inc. has launched a new financial planning tool for members of its group retirement savings plans. The Your Retirement…

Standard Life Launches Retirement Checkup

The Standard Life Assurance Company of Canada has launched the Retirement checkup, a retirement projection tool designed to engage group plan members in taking action…

Made to Measure

One size no longer fits all—in today’s CAP market, it’s all about tailoring solutions to meet specific plan sponsor and member needs. You’ve chosen the…

Some ABCP Losses Being Passed On

Some financial institutions are choosing to pass on their asset-backed commercial paper(ABCP)losses to their mutual, pooled and segregated fund investors while others have chosen to…

Making the Switch

There are three options for structuring a pension plan conversion, according to a presentation in Toronto earlier this morning. At the Recent Developments in Pension…

DC, Hybrid Plans Prevail Among World’s Employers

Most employers offering retirement plans now do so through defined contribution(DC)or hybrid approaches, according to a report. Mercer’s Introduction to Benefit Plans Around the World:…

Employees Endorse Auto Enrollment: Study

Employees are nearly unanimous in their support of being automatically enrolled in their companies’ defined contribution plans, according to a study. The Retirement Made Simpler…

Half of Canadian Firms Offer a DC Plan

A survey by the International Foundation of Employee Benefit Plans finds that 51.4% of Canadian organizations offer a defined contribution(DC)plan. The most popular DC plans…

Hybrid Plans—How Should They be Invested?

This is the fourth article in a series that has revisited the design of hybrid pension plans—plans that deliver the better of a defined benefit(DB)promise…

Lifecycle funds: The best thing since sliced bread?

• Part one of a two-part series Lifecycle funds—also known as “target date” funds—have made their way into Canada a bit over two years ago.…

Contribution Levels Too Low: Survey

Despite a slight increase in recent years, average contribution levels in the majority of defined contribution(DC)pension plans in the United Kingdom are too low to…

DC Trends in U.S. Offer Glimpse into Canada’s Future

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…

  • By: Don Bisch
  • September 12, 2007 September 13, 2019
  • 00:00

A Prescription for DC Plans

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…

Hybrid Plans—Would Their Funding Be Too Volatile?

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…

  • By: Steve Bonnar
  • September 5, 2007 September 13, 2019
  • 00:00

Switching to Autopilot

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…

  • By: Leigh Doyle
  • September 1, 2007 September 13, 2019
  • 00:00

Back to school

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…

Ontario Changes Pension Locking-in Provisions

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…

Most CAP Plan Members Unaware of Fees: Survey

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.…

Average 401(k)Account Balances Grow

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…

Survival of the Fittest

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…

Redefining Retirement

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…

U.S. Retirement Assets Top US$16 Trillion

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…