Canada’s CAP suppliers had a pretty good year in 2010. Overall, the Top 10 CAP Providers showed double-digit growth (up 16.1% from 2010), as did the Top 10 DC Plan Providers (up 15.9%), the Top 10 Group RRSP Providers (up 15.8%), and the Top 10 DPSP Providers (up 16.2%).
Standard Life has appointed Charles Guay to the role of president and chief executive officer of Standard Life Canada.
I got into this industry, as most people do, by accident,” admits Toronto-based Keith Ambachtsheer, who today is well known for his ideas on pension governance and how to reform the system.
For employers that are trying to help their employees prepare for retirement, the challenge has always been finding ways to craft a program that is efficient, affordable, sustainable, reliable and attractive to participants.
Coverage of the 2011 Risk Management Conference.
The best leadership is by example, and Chris Brown lives this mantra—both on the court and in his pension work. When coach Brown steps onto the basketball court, he’s not only concerned with leading his team to victory, he’s also playing for the future. Brown, the current president of the Association of Canadian Pension Management […]
An article entitled “A nudge and a wink” in the Economist last April observed, “Governments are trying to ‘nudge’ people into doing what is good for them.” Around the world, governments are trying to force people, for their own good, to save more for retirement. They are expanding programs and using techniques such as auto-enrolment […]
The trend toward DC plans creates a host of new challenges: for plan sponsors, whose members look to them for investment information; for governments under increasing pressure to ensure that Canadians have sufficient income in retirement; and for Canadians themselves, who need to take the initiative to ensure that they’re able to save a suitable […]
The federal government has launched a campaign to encourage adoption of pooled registered pension plans (PRPPs), as Ted Menzies, Minister of State (Finance), used a Toronto small business as a backdrop to extol the plan’s virtues. “PRPPs will play a critical role in improving the range of retirement savings options available to Canadians by providing […]
Watch this video Since the announcement of pooled registered pension plans (PRPPs) by the Federal government, plan sponsors and industry experts have been supportive of the idea. However, everyone is curious, and a bit cautious, to see just how they will work in practice. Frank Swedlove, president of the Canadian Life and Health Assurance Association, […]