By: Jeffrey R. Smith
Source: HR Reporter

Employer-sponsored pension plans have shifted some of the responsibility for retirement saving to employees, but a supportive plan can be a good tool for recruitment and retention. Canadian HR Reporter spoke about pension plan strategies with Som Seif, founder and CEO of Purpose Investments in Toronto, which recently launched the Longevity Pension Fund.

Q: How has an aging workforce affected employers’ approach to pension plans?

A: “It’s one of the biggest social issues that we face because not only is the population aging, but people are living longer in retirement.

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