TORONTO, June 10 /CNW/ - Scott Perkin, President of the Association of
Canadian Pension Management (ACPM) today released The ACPM Five-Point
Plan towards improving retirement income coverage in Canada.
"The recommendations in our Five-Point Plan are a result of months of
deliberation based on government consultations, submissions and meetings
leading up to the Finance Ministers' meeting in P.E.I. next week.
Enacting the five points in our plan will encourage new business models
and new approaches to increase the opportunities for Canadians from all
walks of life to participate in retirement savings plans."
The ACPM Five-Point Plan calls on governments to:
Remove Barriers to Group Coverage
Ensure Defined Benefit Plans Continue as Viable Options for Coverage
Enable More Innovations
Promote Simplicity in Administration
Increase Incentives to Save
"This is a comprehensive plan that requires all five points to be
implemented to ensure that every Canadian, including the self-employed
and those employed in small businesses, have the saving options that
work best for them and their families," said Perkin.
To view the complete ACPM Five-Point Plan please visit www.acpm-acarr.com
The Association of Canadian Pension Management is the informed voice of
Canada's retirement income providers. Established more than three
decades ago, ACPM has gained a solid reputation as an outspoken advocate
for an effective and fully sustainable retirement income system in
ACPM's Individual and Executive Members are drawn from the various
industry sectors across Canada. The Association promotes its vision for
the development of a world-leading retirement income system in Canada by
championing the following principles:
Clarity in legislation, regulations and retirement income arrangements;
Balanced consideration of other stakeholders' interests;
Excellence in governance and administration.
SOURCE Association of Canadian Pension Management
For further information: For further information:
Vanessa Wilson, Communications Director, ACPM
416-964-1260, Ext. 223 or 416-817-1894 (cell) or firstname.lastname@example.org