The Globe and Mail - Will this new pension option provide retirement security for more Canadians?

"These arrangements wouldn’t have the same payment guarantees as annuities, which leaves room for a range of providers, including large employers or groups of employers, insurers, professional associations or even provinces," says Bonnie-Jeanne MacDonald, NIA Director of Financial Security Research.

“We would like to see large pools across plans and across provinces, the more people the better from an actuarial standpoint because then we can provide the most efficient lifetime pension,” says Barbara Sanders, NIA Associate Fellow.