Breakdown: Automatic pilot

Among the touted benefits of auto-enrollment features in a capital accumulation plan (CAP) is the assumption—and hope (fingers crossed)—that plan members who contribute to their plans sooner will invest over longer periods and reap the benefits from tax-free compounding of investment returns on their contributions. But while there’s no definitive way to gauge whether auto-enrollment can guarantee a comfortable retirement, the most recent available data on auto-enrollment (conducted by Rogers Publishing’s Rogers Connect Market Research Group) stem from plan members themselves who suggest that the odds tilt in favour of setting a retirement savings course on their behalf.