A majority of Canadian employers with DC plans say retirement readiness has become a major issue for their employees and for their organizations.
The majority of large and mid-size U.S. employers that sponsor DC plans say retirement readiness has become a major issue for their employees.
Encouraging plan members to set aside money for their future—and to invest those savings in a thoughtful way to grow them over time—is the great retirement savings challenge for plan sponsors. But one thing is clear: making it easy for members to save and invest removes a key barrier to success. Hats off to the DC plan sponsors that are doing just that. Through creativity, innovation and smart decision-making, there is a pronounced and measurable move to simplify the DC plan experience for members.
Target-date funds are continually evolving, but how will they change moving forward?
Constructing a simpler menu of investment choices can help plan sponsors' employees get more from their DC plan, according to a BMO white paper released in the U.S.
Target date funds offer DC plan members a single, convenient investment solution. An asset allocation trajectory known as a glide path automatically and gradually shifts from a focus on capital growth to one of capital protection as the fund approaches maturity.
Target-date funds (TDFs) have the potential to improve retirement incomes for DC plan members. But how do you decide on a TDF strategy?
A survey by SEI finds that American DC plan sponsors are evaluating their current target-date funds (TDFs) and considering whether or not custom TDFs are a better option.
Age to retirement isn't a good measure of risk tolerance.
MFS Investment Management Canada Ltd. has announced changes to its Canadian LifePlan Funds to address home-country investment bias.