On Sept. 30, more than 80 defined contribution pension plan sponsors, consultants, asset managers and other industry stakeholders met at the Omni King Edward Hotel in Toronto for the 2025 DC Investment Forum to glean insights into the tools and strategies that plan sponsors can use to guide members into the future and support their […]
With target-date funds now a dominant investment vehicle in Canada’s defined contribution pension landscape, the glide path is the primary determinant of plan members’ outcomes in retirement, according to Farzan Qureshi (pictured left), director of institutional business development, client relationships for Sun Life Global Investments Inc., during Benefits Canada’s 2025 Defined Contribution Investment Forum. Glide […]
While integrating private assets into target-date funds can give plan members income-generating and diversification benefits at an attractive risk profile relative to traditional asset classes, these assets aren’t without complications, said Brett Goldstein, senior vice-president and head of asset allocation portfolio management at Franklin Templeton Investment Solutions. Speaking during Benefits Canada’s 2025 Defined Contribution Investment […]
The last 10 to 15 working years before retirement is a powerful and precarious time for defined contribution plan members, with roughly half of the retirement savings they’ll accumulate in their lifetime built up in that window of time as they reach their peak earning years, according to Glenn Dial, vice-president of retirement thought leadership […]
With defined contribution pension plan assets expected to double in the near term and members now using target-date funds at “unprecedented” rates, plan sponsors need to determine which TDFs are the best for their employee population, said Wyatt Lee, portfolio manager and head of target-date strategies for T. Rowe Price Inc., during Benefits Canada’s 2024 […]
The funded ratio of U.S. corporate defined benefit pension plans declined to 98.5 per cent in fiscal 2023 from 99.4 per cent in 2022, according to a new report by Milliman Inc. The report, which reviews the financial disclosures of the 100 largest U.S. public corporate DB plans, found their average return on investments was […]
Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee first joins a defined contribution pension plan with a target-date fund, they’re exposed to capital appreciation assets that offer the most attractive risk-adjusted returns in the wealth accumulation phase, typically […]
Since the onset of the coronavirus pandemic three years ago, the global economy has faced a bumpy ride, led by the lingering public health crisis, rising geopolitical tensions and high inflation. The 2023 Defined Contribution Investment Forum, which was held on Sept. 29 at the Ritz-Carlton Hotel in Toronto, shared thought leadership on the various […]
Plotting out a glide path is the most important part of designing a target-date fund — not only does it take members on a roughly 40-year investing journey, but it also has the most significant impact on their retirement outcomes. Glide paths must also address the key risks facing defined contribution plan members, said Satwick […]
Diversifying target-date funds by incorporating illiquid assets — such as private equity, real estate and infrastructure — could result in a 0.15 per cent annual increase in return over a decade, according to a recent report by Georgetown University’s Center for Retirement Initiatives in partnership with CEM Benchmarking Inc. The report was authored by Angela Antonelli, a […]