Defined contribution consulting
A growing number of Canadian defined contribution (DC) pension plan sponsors are facing the same serious problem: their members are not saving enough for retirement. This can result in employees who can’t retire on time, causing workforce planning issues and additional benefit and productivity costs for employers. Research tells us that most employees don’t know how much they should be saving – but that they’d likely save more if they knew.
At Eckler, we believe a progressive approach to DC management is needed to give members a realistic chance of achieving an appropriate level of income at retirement.
Our DC consulting services include:
Defined contribution (DC) plans include pension plans, deferred profit sharing plans, group registered retirement savings plans and tax-free savings accounts. They can also be referred to as Capital Accumulation Plans.
For more information contact:
Toronto: Janice Holman