Near retirees unaware of the monthly benefits they can expect
Net assets surpasses $200 billion
The preferred mandatory DC plan would require employees to contribute only on earnings over $25,000
Mercer senior partner lists shortcomings with pooled registered pension plans
Ontario prepared to go it alone with pension improvements
Total assets of the plan are expected to rise from $175 billion in 2012 to $300 billion by 2020
CEO says quarter’s low return isn’t a big concern
Mercer finds areas for improvement, in particular with the savings rates of middle income households
Summit participants offered possible solutions and policy directions to reform Canada’s pensions
Gain includes $1.9 billion in net investment income