Are DC Plans Providing Better Outcomes for Members?

To meet the evolving needs of employees, it's time for the focus of DC plans to shift to broader financial wellness.

“Approximately half of Canadians need help with their retirement portfolios”.¹ But as the makeup of the workforce shifts to include a range of millennials to baby boomers, employees’ needs are also changing.

Employees will benefit from receiving help in making the best decisions to suit their own financial circumstances – not necessarily focusing solely on their retirement plans.

We posed a number of questions focusing on real issues that either do or will concern employees. By thinking more broadly, not just as fiduciaries, but as trusted resources, employers can play a role in helping employees achieve better outcomes.

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