We are about to enter an unparalleled time of change for employer-sponsored retirement plans in Canada thanks to external market influences, technology, and demographic shifts.
If you think 2016 was a wild ride for employer sponsored retirement plans, hold on. There’s unprecedented change ahead, and you’d better be prepared as momentum continues to build for a shift from defined benefit (DB) retirement plans to defined contribution (DC) retirement plans in the private sector.
In Mercer’s latest point of view, we discuss highlights from the previous year and present a number of key indicators that seem to point to a dramatic change in Canadian retirement plans in the very near future.
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