Keyword: defined contribution pension plans

267 results found

While women are increasingly becoming primary income earners, few women manage their own finances as they near retirement, said Elisha Ribeiro, national sales director for integrated and group retirement services at the Canada Life Assurance Co. (pictured right), during a session at Benefits Canada’s 2024 Defined Contribution Plan Summit in February. “In our 20s, there […]

Employers can leverage artificial intelligence to enhance the employee experience, including improvements to defined contribution pension communication, said John Bradley, director of emerging technologies at Fidelity Investments, during a session at Benefits Canada’s 2024 DC Plan Summit in February. “For a good employee experience to take place, an employee has to feel like the majority […]

Inspired by the University of British Columbia’s variable payment lifetime annuity option, the Australian Retirement Trust is taking a similar approach to decumulation, which, in turn, may hold lessons for Canadian defined contribution plan sponsors, said Brnic Van Wyk, the plan’s head of asset and liability management, during a session at Benefits Canada’s 2024 DC […]

While real assets are largely absent among the investment options offered by Canadian defined contribution pension plans, they can offer significant long-term benefits to plan members, said Andrew Knox, managing director of Franklin Templeton Investments’ global real assets fund, during a session at Benefits Canada’s 2024 DC Plan Summit in February. “[Defined contribution] investors in […]

From its roots as a retirement plan for Saskatchewan farmers, the Saskatchewan Pension Plan has grown over the past four decades to accommodate Canadians from all provinces and walks of life, said Shannan Corey, the plan’s executive director, during a session at Benefits Canada’s 2024 Defined Contribution Plan Summit in February. “It’s really meant to […]

The evolution of artificial intelligence is creating new challenges and investment opportunities for defined contribution pension plan members, said Kathrin Forrest, equity investment director at Capital Group, during a session at Benefits Canada’s 2024 DC Plan Summit in February. While the technology itself isn’t new, AI has rapidly developed in recent years, exemplified by generative […]

During a panel discussion at Benefits Canada’s 2024 Defined Contribution Plan Summit in February, three defined contribution plan sponsors shared their respective decumulation journeys and their thoughts on where the DC plan sector is in terms of effectively supporting this particular phase of plan members’ lives. At ATCO Ltd., roughly 5,500 employees are enrolled across […]

Technology plays an increasingly important role as defined contribution pension plan sponsors seek to deploy decumulation support and retirement advice at scale, said Jean-Michel Lavoie, vice-president of strategy and market development for group retirement services at Sun Life Financial Inc. (pictured right), during a session at Benefits Canada’s 2024 DC Plan Summit in February. The […]

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More than 40 years after Ted Benna conceived of what’s now known as the modern defined contribution pension plan structure, the so-called ‘father of the 401(k)’ is still trying to create a retirement savings plan that’s accessible for employees at all income levels. While working at Johnson Cos. in September 1979, Benna found a way […]

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A story on how Organon Canada is supporting women employees at every stage of their career was the most-read story on BenefitsCanada.com. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. Organon launching initiative to support women’s career, health journey in the workplace 2. Survey finds 38% of Canadian employees […]

  • By: Staff
  • April 19, 2024 April 18, 2024
  • 09:00