{"id":275051,"date":"2013-03-06T14:30:00","date_gmt":"2013-03-06T19:30:00","guid":{"rendered":"https:\/\/www.investmentexecutive.com\/uncategorized\/great-west-releases-cap-benchmark-report\/"},"modified":"2013-03-06T14:30:00","modified_gmt":"2013-03-06T19:30:00","slug":"great-west-releases-cap-benchmark-report","status":"publish","type":"post","link":"https:\/\/www.investmentexecutive.com\/news\/industry-news\/great-west-releases-cap-benchmark-report\/","title":{"rendered":"Great-West releases CAP benchmark report"},"content":{"rendered":"<p> Winnipeg-based Great-West Life Assurance Co. Wenesday released its latest report on the Canadian capital accumulation plan market.<\/p>\n<p> &#8220;The CAP Benchmark Report allows sponsors to benchmark their plans in order to create and maintain a successful group retirement program that is competitive and helps better position each member to reach their retirement income needs,&#8221; says Jeff Aarssen, vice president Group Retirement Services Sales &amp; Marketing for Great-West Life.<\/p>\n<p> The report also highlights strategies employers can use to dramatically improve their group plan participation, enable better-suited investment choices and ultimately assist more plan members in reaching their retirement goals. These strategies include: encouraging early enrolment, promoting meaningful contributions, lessening the impact of withdrawals and providing investment choice including age-adjusted mix options.<\/p>\n<p> &#8220;Plan sponsors are making efforts to help their plan members reach their retirement income goals but there is still opportunity for improvement,&#8221; Aarssen says. &#8220;Advisors can also use this research to provide their clients with further insight into survey results and recommend plan design enhancements.&#8221;<\/p>\n<p> Strategies detailed in the report include:<\/p>\n<ul>\n<li> encouraging early enrolment;<\/li>\n<li> promoting meaningful contributions;<\/li>\n<li> providing investment choice and addressing age-adjusted investment risk;<\/li>\n<li> essening the impact of withdrawals.<\/li>\n<\/ul>\n<p> Now in its eighth year, the benchmark report is based on a survey by Benefits Canada \/ Canadian Institutional Investment Network of 380 organizations offering a defined contribution (DC) plan.<\/p>\n<p> <a href=\"http:\/\/www.greatwestlife.com\/web5\/groups\/common\/@public\/documents\/web_content\/s7_030113.pdf\">The full report is available here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Report highlights key strategies to help employers create successful group retirement programs<\/p>\n","protected":false},"author":38954,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2312,2318],"tags":[2601,2602],"yst_prominent_words":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/275051"}],"collection":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/users\/38954"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/comments?post=275051"}],"version-history":[{"count":0,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/275051\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media?parent=275051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/categories?post=275051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/tags?post=275051"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/yst_prominent_words?post=275051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}