DC investing – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 29 Apr 2024 17:29:50 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 45% of U.S. DC plan sponsors considering adding emergency savings options in 2024: survey https://www.benefitscanada.com/news/45-of-u-s-dc-plan-sponsors-considering-adding-emergency-savings-options-in-2024-survey/ Tue, 23 Jan 2024 20:00:08 +0000 https://www.benefitscanada.com/?p=151009 More than two-fifths (45 per cent) of U.S. defined contribution pension plan sponsors say they’re considering implementing emergency savings features, according to a survey from MFS Investment Management. The survey, which polled 1,000 DC plan members and more than 140 plan sponsors, found nearly a quarter (23 per cent) of plan sponsors said they’d take […]

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]]> Expert panel: Risk management, target-benefit framework among themes shaping pension industry in 2024 https://www.benefitscanada.com/expertpanel_/susan-g-seller/expert-panel-risk-management-target-benefit-framework-among-themes-shaping-pension-industry-in-2024/ Tue, 16 Jan 2024 14:00:02 +0000 https://www.benefitscanada.com/?p=150589 While it’s impossible to predict exactly how pension case law will evolve in future, one can offer an educated guess at some legislative developments and other issues that may confront pension plan sponsors and administrators in the coming year. Risk management Plan sponsors can expect a continued focus on risk management as a key part […]

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]]> Can IBM’s retirement benefit account revive the traditional DB pension plan? https://www.benefitscanada.com/pensions/defined-benefit-pensions/can-ibms-retirement-benefit-account-revive-the-traditional-db-pension-plan/ Tue, 19 Dec 2023 14:00:44 +0000 https://www.benefitscanada.com/?p=148884 After closing its defined benefit pension plan nearly two decades ago and replacing it with a less riskier defined contribution plan, International Business Machines Corp. is launching a new retirement benefit account that allows its U.S. employees to have the best of both worlds. Last week, the company ceased its 401(k) matching and one per […]

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]]> Financial market regulators establish committee to implement total cost reporting plan https://www.benefitscanada.com/pensions/cap/financial-market-regulators-establish-committee-to-implement-total-cost-reporting-plan/ Fri, 15 Dec 2023 20:00:07 +0000 https://www.benefitscanada.com/?p=148899 The Joint Forum of Financial Market Regulators is establishing a committee to help implement its total cost reporting plan. The plan aims to increase investor and policy-holders’ awareness of the ongoing costs of owning investment funds and individual segregated fund contracts. The committee, which is comprised of joint forum members and industry representatives, will provide […]

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]]> Research finds pensions struggle to determine metrics for ESG goals https://www.benefitscanada.com/canadian-investment-review/research-markets/research-finds-pensions-struggle-to-determine-metrics-for-esg-goals/ Tue, 05 Sep 2023 15:00:48 +0000 https://www.benefitscanada.com/?p=142886 There’s no one-size-fits-all approach for pension funds looking to use an environmental, social and governance lens in their investment approach, according to a new publication from the pension research council at the Wharton School of the University of Pennsylvania. Olivia Mitchell, a professor and executive director of the pension research council at the University of Pennsylvania’s Wharton […]

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]]> Majority of U.S. 401(k) plan sponsors making changes by end of year: survey https://www.benefitscanada.com/pensions/cap/majority-of-u-s-401k-plan-sponsors-making-changes-by-end-of-year-survey/ Wed, 30 Aug 2023 19:00:48 +0000 https://www.benefitscanada.com/?p=142723 The majority (95 per cent) of U.S. 401(k) plan sponsors say they intend to change their plan design by the end of the year, according to a new survey by Fidelity Institutional. The survey, which polled more than 1,300 employers, found a quarter said they plan to increase their matching contribution (26 per cent) and […]

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]]> 37% of U.S. employers say attraction, retention is No. 1 reason to offer non-qualified retirement plans: survey https://www.benefitscanada.com/pensions/retirement/37-of-u-s-employers-say-attraction-retention-is-no-1-reason-to-offer-non-qualified-retirement-plans-survey/ Thu, 17 Aug 2023 13:00:04 +0000 https://www.benefitscanada.com/?p=142295 More than a third (37 per cent) of U.S. employers that offer a non-qualified retirement plan say attraction and retention of key talent is their No. 1 reason for offering these plans, according to a new survey by WTW. The survey, which polled around 400 employers representing more than 7.5 million employees, found more than […]

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]]> U.K. legislation aims to increase DC pension savings https://www.benefitscanada.com/pensions/governance-law/u-k-legislation-aims-to-increase-dc-pension-savings/ Mon, 17 Jul 2023 13:00:21 +0000 https://www.benefitscanada.com/?p=141085 The U.K. government is introducing legislation that aims to increase defined contribution pension plan savings by more than £1,000 a year in retirement for the average plan member. The legislation will commit nine of the U.K.’s largest DC plan providers to an objective of allocating five per cent of assets in their default funds to […]

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]]> Fidelity supporting young Canadians’ financial literacy with video series https://www.benefitscanada.com/benefits/health-wellness/fidelity-supporting-young-canadians-financial-literacy-with-video-series/ Tue, 11 Jul 2023 13:00:18 +0000 https://www.benefitscanada.com/?p=140906 Fidelity Canada is supporting the future financial well-being of young Canadians through a new video series hosted by the organization’s employees. The series, known as Money Gains, consists of 10 videos in both English and French, geared towards students and covering a range of investment and retirement topics, including interest, returns, risks and timelines. It […]

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]]> 2023 DC Plan Summit: Demystifying what ESG means for DC pension plans https://www.benefitscanada.com/events/conference-coverage/2023-dc-plan-summit-demystifying-what-esg-means-for-dc-pension-plans/ Fri, 12 May 2023 12:47:54 +0000 https://www.benefitscanada.com/?p=137343 While there’s a lot of noise and confusion around environmental, social and governance factors, it comes down to delivering value for investors in terms of better risk-adjusted returns, said Aaron White, CIBC Asset Management Inc.’s vice-president of sustainable investments, during a session at Benefits Canada‘s 2023 DC Plan Summit. Part of the confusion around the topic, he […]

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