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