Aon 2020 Capital Accumulation Plans Employer Survey Report

With Capital Accumulation Plans (CAPs) rapidly becoming the primary workplace retirement vehicle for most Canadian employees, Aon surveyed a broad range of Canadian employers to learn what they believe will make their retirement programs more successful now and in the future.

Aon’s Canada 2020 Capital Accumulation Plans Employer Survey (CAP Employer Survey) findings are presented in this report and supported by insights from Aon’s Canadian CAP Points of View Paper, which outlines our view of the key building blocks and design principles which will have a positive impact on individual outcomes.

The survey responses reveal that the majority of employers are focused on ensuring their plans are providing good value to their employees and enabling workers to plan for a comfortable retirement. At the same time, employers recognize that they need to do a better job of engaging employees if their retirement plans are to deliver the intended benefits. And while many are interested in exploring new approaches to providing better value, employers still appear to be relatively conservative in their adoption of recent innovations.

To learn about the findings from U.S. employers, read U.S. 2020 Defined Contribution Employer Survey Report.