Should plan sponsors help with decumulation?
Decumulation is a critical issue for DC plan members, since the decisions they make during that stage can have a significant impact on their income.…
- By: Alyssa Hodder
- May 1, 2015 September 13, 2019
- 11:08
Decumulation is a critical issue for DC plan members, since the decisions they make during that stage can have a significant impact on their income.…
During a quarter that featured falling oil prices, a Bank of Canada rate cut and uneven global economic data, Canadian pension plans generated positive returns…
Worried about your DC plan members outliving their savings? Take a closer look at your decumulation options.
The introduction of pooled registered pension plans in Ontario could prevent an enhanced Canada Pension Plan from materializing, said a CUPE Ontario representative at the…
Ontario has passed legislation to create the Ontario Retirement Pension Plan (ORPP).
Investors have turned to bonds to provide income, liquidity, stability and diversification.
While all existing target-benefit plans (TBPs) in Canada are different, there are common lessons DB plan sponsors can keep in mind if they decide to…
Canada’s financial services industry showed its support for Pooled Registered Pension Plans (PRPPs) at the first day of public hearings in Ontario on Monday.
Manulife research shows one in three workers are struggling with their finances. So should plan sponsors offer access to professional advisors to help?
Communicating effectively with DB members and trustees is key for mitigating risk—and this is especially true for communicating critical changes, such as the decision to…
Paying close attention to plan members and offering them customized advice is the key to running a successful DC plan—this is what Eastern Construction discovered…
Should you go active or passive? Two experts weigh in.
Nova Scotia has introduced legislation that will allow university pension plans to be transferred to the Nova Scotia Public Service Superannuation Plan (PSPP).
While the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline contains several key updates with regard to plan sponsor and member responsibilities,…
In 2023, the world’s 300 largest pension funds’ assets under management increased by 10 per cent to US$22.6 trillion, compared to $20.6 trillion at the…
Brianne Collins, age 29, has worked as a senior copywriter at a large Toronto-based advertising agency for just over a year. Collins’ agency supports employee…
With many Canadian defined benefit pension plans in a strong funded position, plan sponsors, particularly those with unionized workforces, are increasingly discussing the use of…
The federal government is currently seeking recommendations about its plan to introduce solvency reserve accounts for federally regulated defined benefit pension plans. Under the government’s…
Marcie Frost, chief executive officer at the California Public Employees’ Retirement System, is receiving a significant bonus that will boost her compensation to more than…
From 2016 to 2024, fewer plan members are confident they’ve saved enough for retirement. Indeed, Benefits Canada’s 2024 CAP Member survey found plan members’ optimism…
Going through a divorce can be an extremely stressful and emotional experience and, unsurprisingly, the impacts can spill into the workplace. “[Employees may be] at…
When Phillip Kotanidis took over as chief human resources officer at Toronto’s Michael Garron Hospital in 2018, the financial well-being of staff wasn’t exactly high…
As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says…
Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…
Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…