Allowing increased retirement savings pooling and portability can help improve efficiency, as well as pension plan member retention and continuity, according to a policy recommendation letter from the Association of Canadian Pension Management.

In a letter to the federal government, the ACPM suggested a model that enables and supports retirement arrangements organized around industry sectors, professions or affinity associations. “Plans established on this basis can pool participants with more similar characteristics and employment patterns, supporting more efficient risk management, improved governance and stronger member........

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