Fixing Flaws in Employer-Sponsored Pensions Not Enough, New Pension Models Needed: C.D. Howe Institute



    TORONTO, June 19 /CNW/ - Problems besetting defined-benefit pensions in
recent years are caused by defects in the model itself. What will help are tax
and regulatory changes and new pension models, according to a C.D. Howe
Institute Commentary released today. In Ill-Defined Benefits: The Uncertain
Present and Brighter Future of Employee Pensions in Canada, David Laidler and
William B. P. Robson argue that attempts at shoring up classic,
single-employer, defined-benefit pension plans are an inadequate response. The
authors say Canadians would do better to seek alternatives, and suggest, among
other options, creating low-cost vehicles for pooling individuals' investment
risk.

    The full Communique is available at:
http://www.cdhowe.org/pdf/PressReleases/english/commentary_250pr.pdf

    The study is available at http://www.cdhowe.org/pdf/commentary_250.pdf





For further information:

For further information: David Laidler, Fellow-in-Residence, Or William
B.P. Robson, President and CEO, C.D. Howe Institute, (416) 865-1904, Email:
cdhowe@cdhowe.org


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890