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Canadian Pension Sponsors Favor Low-Risk Default Funds
Business Insurance; 
Mar. 21, 2005
Excerpt: Nearly 40% of Canadian pension plan sponsors automatically place participants who do not elect an investment option into conservative investments, a survey concludes. In a survey of Canadian employers, Toronto-based human resource consulting firm Morneau Sobeco found that 39% of capital accumulation plan sponsors focused on managing potential participant dissatisfaction by placing nonelecting individuals into low- or no-risk investments.
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