Benefits Canada celebrated the Defined Contribution Plan Summit’s 25th anniversary by looking at how the world has changed over the last quarter century, the subsequent impact on the pension sector and what’s next for DC pensions. On Feb. 26-28 in Montreal, the 2025 DC Plan Summit highlighted the lessons of the last several decades, putting […]
Donald Trump is poised to be the “most transformational” U.S. president due to his corporate tax rate approach and a unique deregulation plan across financial and energy sectors, according to Charles Myers, chairman at Signum Global Advisors, speaking during the keynote session at Benefits Canada’s 2025 Defined Contribution Plan Summit on Feb. 27. In addition […]
Over the past 25 years, the pension industry has seen many significant shifts, from defined benefit to defined contribution, from accumulation to decumulation and from education and guidance to financial planning, said Chris Walker, regional vice-president of business development and investment strategy at Desjardins Insurance, during a session at Benefits Canada’s 2025 DC Plan Summit. […]
With climate change affecting the planet and artificial intelligence disrupting the concept of work, a profound generational shift is underway in how young people are thinking about their futures. “When previous generations worried about retirement, they mainly focused on financial risk, market turndown, inflation and health-care costs,” said Kelly Peters (pictured left), behavioural economics leader […]
As defined contribution plans mature, Canada is seeing the first wave of retirees that only have DC plans and plan sponsors are facing the challenges of this decumulation phase. Speaking during a session at Benefits Canada’s 2025 DC Plan Summit, Yashar Zarrabian, regional vice-president for Quebec at Sun Life Financial Inc., outlined three pillars to […]
While good governance practices must be at the core of any pension plan, intricate frameworks are designed to be proportional to the size of the sponsoring organization, according to Leah Fichter, vice-chair at the Canadian Association of Pension Supervisory Authorities and deputy superintendent of pensions and executive director of the pensions division at the Financial […]
Home-country bias is a conversation that ebbs and flows, with U.S. investment returns since the 2008/09 financial crisis reigniting the conversation, said Jon Knowles, institutional portfolio manager in global asset allocation at Fidelity Investments. However, it’s important to ask how to appropriately deal with home-country bias against a backdrop where one market and limited diversification […]
For defined contribution plan members, the evolution of education and engagement has passed several milestones, including the introduction of email and mobile apps. “At Manulife, we’ve reached a point where we have two-thirds of logins going through the mobile app and one-third going through the website,” said Marc-Antoine Morin, the record-keeper’s assistant vice-president of group […]
An emerging trend in U.S. defined contribution investment strategies is the ‘blend trend,’ which is a target-date solution that allocates to underlying building blocks that are managed both actively and passively. During a session at Benefits Canada’s 2025 DC Plan Summit, Jessica Sclafani, global retirement strategist at T. Rowe Price, shared data from the investment […]
With no federal requirement for U.S. employers to offer retirement savings options, individual states are stepping up and delivering meaningful programs. Speaking at Benefits Canada’s 2025 Defined Contribution Plan Summit, Michael Frerichs, state treasurer at the Illinois Treasurer’s Office, said the U.S. is facing a retirement crisis and he hopes these government tools can be […]
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