While Canadians are more confident about their ability to save for their retirement, pessimism has grown dramatically, according to a report by the BMO Retirement Institute.
In September, more than 100 senior DC plan decision-makers, recordkeepers, academics and money managers gathered at Benefits Canada’s 2011 DC Investment Forum in Toronto to discuss the future of DC investing and how to help plan sponsors address these challenges and opportunities.
DC plan sponsors also need to find innovative ways to communicate investment information as well as new strategies to help members balance risk and reward.
While the 2008 financial crisis left many pension plans questioning their investment strategies, the Workplace Safety and Insurance Board (WSIB) began that process before the markets fell.
Russell Investments has released its 2012 Global Outlook, predicting that global deleveraging will continue into the coming year.
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%).
Economic volatility is causing many U.S. plan sponsors to worry about the sustainability of their plans, reports Mercer.
The number of pension plans adopting liability-driven investing (LDI) strategies has increased significantly since last year, reports SEI. According to SEI’s Global Quick Poll, which surveyed pension executives from the U.S., Canada, Netherlands and U.K., 63% of respondents said they now employ an LDI investment approach.
We asked four plan sponsors for their views on the investment management industry. Here’s what they had to say.
While volatility is an ordinary, and expected, part of financial markets, its latest incarnation has been extraordinary.