Sentences with phrase «recent workplace pension»
The PRPP (pooled registered pension plan) is a more recent workplace pension program that behaves more like a defined - contribution plan, but is by no means universal and places investment risk on the shoulders of plan participants.
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«The panoply of public policies offering «voluntary» options for saving - such as RRSPs, TFSAs, group RPPs, and the most recent Pool Registration Pension Plans - have demonstrated their inadequacy to address the shortcomings in declining workplace pensions and a Canada Pension Plan with limited benefits,» the study concludes.
Similar to the recent rollout of the workplace pension opt - out, could a government - backed auto - enrolment scheme for wellbeing programmes — funded by employers and by a portion of employees» National Insurance contributions — be one of the solutions to address the NHS's long - term financial needs?