Pension innovation: A bigger pie
RETIREMENT | CANADA
“The primary purpose of the various expert commissions was to increase private pension plan coverage in the various jurisdictions. So far, that has not happened, but they did lay the groundwork by endorsing the target benefit plan (TBP). It was then up to the various governments to put in place the necessary legislative and regulatory framework to allow the TBP to flourish, and this is now starting to happen.”
Read the full article by Buck’s H. Clare Pitcher, from Benefits Canada here.