Can the Ideal Canadian Pension Plan reasonably be expected to double a career Member’s pension in retirement as compared to traditional Canadian retirement savings arrangements?

Executive Summary

Our goal for the Ideal Canadian Pension Plan (ICPP) is to at least double a career Member’s pension, as compared to the current market retirement solutions, given the same level of career contributions. This is obviously ambitious, but is it reasonable? Many of our potential stakeholders are sceptical when advised of our goal. They think that we are overstating the potential for the ICPP.

The extensive evidence we provide in this article helps potential stakeholders to understand that double the pension is not only is it reasonable, it is likely eminently attainable.

Continue reading Can the Ideal Canadian Pension Plan reasonably be expected to double a career Member’s pension in retirement as compared to traditional Canadian retirement savings arrangements?

The Advantages of the ICPP for Private Sector Employees Expecting to Work Long Term

In this post I will review why the Ideal Canadian Pension Plan (ICPP) can be advantageous to Canadian workers who have many years to save before retiring.

Continue reading The Advantages of the ICPP for Private Sector Employees Expecting to Work Long Term

ICPP Funds Inc. – Overview

ICPP Funds Ltd. provides low-cost retirement investment services through the ICPP Accumulation Fund and ICPP Payout Fund. While the ICPP Accumulation Fund is designed to support long-term investments under the Ideal Canadian Pension Plan, it can also be used to support long-term investment mandates under any registered pension plan. Similarly, while the ICPP Payout Fund is specifically designed to support investments needed for the uninsured variable annuity offered under the Ideal Canadian Pension Plan, it can also be used to support any inflation-protected lifetime payout strategy’s investment mandate under any registered pension plan.

The following presentation outlines ICPP Funds Inc.’s mission, philosophy, governance, and investment mandates. It also covers the particulars of how we run our funds, along with some recent performance data. Click below:

ICPP Funds Inc. – Background Presentation

 

Ideal Canadian Pension Plan: A Primer

We have created a succinct presentation which provides a clear, compelling overview of the Ideal Canadian Pension Plan (ICPP). The presentation outlines workplace pension issues in Canada and how the ICPP–a Collective Defined Contribution Plan–offers a solution that provides private sector employees and employers what they want and need. In short, we’ve highlighted why the ICPP truly is ideal. This includes optimal payout strategies, elimination of employer risks, appropriate member support, and reduced expenses, all of which adds up to greatly enhanced retirement benefit security for plan members. Click the link below to view the presentation and find out how the ICPP can deliver an optimal pension plan for private sector Canadians.

Ideal Canadian Pension Plan Background Presentation

A New Paradigm for the Wind-Up of Registered Pension Plans in Ontario

In my view, the current requirement to settle all benefits determined at wind-up on an immediate liquidation basis is extremely expensive and is therefore detrimental to most of the stakeholders in the pension industry. Current regulations favour appointed administrators and insurers rather than plan members. The attached article discusses a new wind-up regime that would provide better outcomes for members, plan sponsors, regulators and the Pension Benefits Guarantee Fund.

A New Paradigm for Pension Plan Wind-ups