Aligning future liabilities with assets seen as greatest challenge
Advantages over traditional RRSPs include higher contribution limits and measurable tax benefits, among others
The various reforms that the federal government proposed earlier this year “better reflect the many paths people take to retirement”
High loonie offsets stronger equity markets
Basic exemption remains $3,500
Fundamental changes outlined in 10-point plan
Strong majority of sponsors say they have decided not to make any changes to DC contributions in the near future
Reform will largely be based on recommendations made in the Arthurs Report, Duncan says