CAA keeps DB members in mind during DC transition

…Isabelle Landry, national practice leader in communication consulting at Morneau Shepell Ltd., who will also speak at the session, says the CAA South Central Ontario experience shows how plan sponsors should seek to reach all pension members, regardless of which pension they’re in. “A lot of organizations go DC and then say, ‘OK, we’re going to focus on telling them how to invest their money,’ and the DB members will fall a little bit by the wayside and you lose the engagement factor of the pension plan,” she says. “And you have these people who have left the organization who might not feel equipped to make their decisions.”

Benefits Canada