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December 15, 2011

The federal government’s design for Pooled Registered Pension Plans (PRPPs), as proposed in Bill C-25, has flaws that need fixing to meet the needs of Canadians without a workplace pension plan, according to a report released today by the C.D. Howe Institute. In “Saving Pooled Registered Pension Plans: It’s Up To the Provinces,” authors Keith Ambachtsheer and Edward Waitzer say that in its current form, the design blueprint will fall short of its primary objective: to ensure that the majority of Canadians who do not have a workplace pension will have access to a well-regulated, low-cost, private-sector capital accumulation plan.

 

Keith Ambachtsheer

Keith Ambachtsheer is Adjunct Professor of Finance at the Rotman School of Management and Director Emeritus of the International Centre for Pension Management (ICPM). He was founding Director of ICPM 2005-2014, and Editor of the Rotman International Journal of Pension Management 2008-2014.