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Report urges DC pension plan sponsors to focus on decumulation

Capital accumulation plan sponsors need to focus on providing lifetime retirement income for plan members amid the growth of decumulation solutions such as advanced life deferred annuities and variable payment lifetime annuities, according to a new report by the C.D. Howe Institute. It noted DC plan members currently have three main options to draw down […] ....

Michelle Loder , Idan Shlesinger , Lifeworks Inc ,

2021 Top 50 DC Plans Report: Refreshing pension plans to boost engagement, outcomes

While renovation shows on television tend to take a sledgehammer to every surface in a house for dramatic effect, there’s another way. Defined contribution pension plans don’t need to be completely gutted to stay current. Something akin to painting an accent wall, like tweaking contribution rates, can be just as effective and way more cost-effective. […] ....

Zaheed Jiwani , Michelle Loder , Lilach Frenkel , Lifeworks Inc , Royal Bank , Eckler Ltd , Alisa Weir ,