Viewpoint Blog

VIEWPOINT: Closet Indexing

The fifth video in our Proteus Viewpoint video series, Closet Indexing: Are You Paying Too Much for your Money Manager? For further information, read the below Q&A. What is something you should consider when deciding to hire an investment manager? When deciding to hire an investment manager, where the asset class has a clearly defined and investable...

Personal Governance. Don’t be a plumber with leaky pipes

There’s an old saying that “plumbers have leaky pipes”. It’s based on the premise that we are all too busy to look after our own needs because we put others first. This scenario can sometimes be a reflection of retirement planning – we get wrapped up in life’s events that we forget to take care of our personal retirement needs. The beginning of the year is...

Fiduciary Landmines that DC Plan Sponsors Must Avoid

Good governance promotes the timely and cost-effective delivery of benefits and promotes the administration of the plan in the best interests of the plan members and beneficiaries. Good governance requires appropriate control mechanisms that encourage good decision making, proper and timely execution, and regular review and assessment. Further, good...

Q4 Market Review

Canadian Equities Canadian equities were up this quarter, gaining 4.5% and returning 21.1% over the year. Financials led the index this quarter, with energy and industrials as the only other two sectors to outperform the index. Telecommunications, consumer staples, technology, materials, consumer discretionary, real estate and utilities all underperformed...

Disproving a Common Fear

A common fear of many soon-to-be retirees is retiring at a “bad time” when the stock market is “down”. This fear is currently a hot topic in Canada, as over the past year falling oil prices have hurt our economy and the Canadian stock market as a whole. However, the fear is unfounded for two reasons. The first is the vast majority of soon-to-be retirees are...

Five Steps to Setting up a DC Pension Plan

Our latest expert commentary piece on BenefitsCanada.com You’ve decided to launch a defined contribution pension plan for your employees, but you don’t know where to begin. What’s the answer? How do you decide what’s right for your organization? Let’s take this step by step. Step 1: Purpose The first step is determining the intention and objectives of the...

VIEWPOINT: Plan Members: Drowning in Investment Options

Our fourth video in our Proteus Viewpoint video series, Plan Members: Drowning in Investment Options. For further information, read the below Q&A. As a defined contributions (DC) plan sponsor, how do you know if you have the right investment options available to members? First off, ensuring your plan offers appropriate investment options should be a...

At what age should I take my CPP/QPP?

The normal age for retirement under the Canada Pension Plan (CPP) and Quebec Pension Plan (QPP) is 65. This is when you are eligible to receive the full pension you qualify for based on your years of participation and level of contribution into the plan. You are entitled to begin receiving your pension as early as 60 and as late as 70, however, the benefits...

CPP Improvements on the Horizon

The Government of Canada has agreed to enhance the Canada Pension Plan (CPP). The enhancements to the CPP are targeted to be phased in over seven years, starting in 2019. Some may ask the question: “with the CPP increasing, do I need to save as much for retirement?” The answer is yes. It is important to continue saving just as much as before, especially due...

FSCO Examination: Go Beyond Requirements

Pension governance is an ongoing process that goes well beyond investment success. It’s about communicating, administering efficiently and documenting your actions. The Financial Services Commission of Ontario (FSCO) is responsible for regulating pension plans registered in Ontario. FSCO periodically conducts examinations to review pension plans’ compliance...

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