DB vs DC Pension Plans: Jean-Daniel Côté Weighs in

As defined contribution (DC) retirement and savings plans increasingly become the norm, a key issue is emerging: the shift of risk onto employees.

In this recent Benefits and Pensions Monitor article, Jean-Daniel Côté, BFL CANADA Benefits’ Vice-President, National Practice Leader—Retirement Consulting, comments on how these plans are significantly evolving to tackle not only long-term retirement risks, but also participants’ various objectives through more flexibility than defined benefit (DB) plans.