Key considerations for CA P sponsors to help their employees transition to retirement. It is amazing how quickly life can sneak up on you. One minute, you are a youthful 40-year-old and then, almost overnight, you are receiving mailers about your golden years in retirement! Just like those first silver hairs, this can be a […]
Good governance and transitioning to retirement. Increasingly, plan sponsors are transitioning plan members into retirement. In fact, this is a growing responsibility. Statistics Canada states that 50 years ago, one in 14 Canadians was over 65, the usual retirement age. According to the Conference Board of Canada, in the next 50 years, this will move […]
© Copyright 2006 Rogers Publishing Ltd. The following article first appeared in the September 2005 edition of BENEFITS CANADA magazine. Coming to terms with fee disclosure Fee disclosure is a key component of the Joint Forum’s Guidelines for Capital Accumulation Plans. Plan sponsors should manage and disclose their fees as part of their fiduciary obligations. […]
Compliance with the Capital Accumulation Plan(CAP)Guidelines kicks in at the end of this year. As a result, now is the perfect time for a risk management makeover. There is risk in every aspect of business, but with a good standard of care, the risk in a defined contribution program should be quite manageable. After all, […]