Talk:Defined contribution pension plan

Reader feedback: can your own bank hold your account.

67.71.57.107 posted this comment on 25 September 2016 (view all feedback).

can your own bank hold your account.

Any thoughts?

Peculiar Investor 06:46, 26 September 2016 (MDT)

I'm 99% sure the answer is no. If your DC plan is managed by Manulife or Sunlife on behalf of your employer, the funds are held by the provider (the lifeco), not your own bank.--Quebec 08:02, 13 February 2017 (MST)

Reader feedback: what options do you have aft...

206.172.0.206 posted this comment on 12 February 2017 (view all feedback).

what options do you have after you leave a company with a DC plan and move to another job?

Any thoughts?

Peculiar Investor 11:54, 12 February 2017 (MST)

This is now answered in the article under Leaving_your_plan_before_retirement. --Quebec 11:07, 18 February 2017 (MST)

Group RRSPs and DPSPs

I find it confusing that group RRSPs and DPSPs are presented here as subtypes of DC pension plans. Maybe the group RRSP and DPSP content should be moved to the Group retirement plan article?--Quebec 13:57, 14 February 2017 (MST)

Given the lack of comment, I was bold and proceeded with the proposed changes.--Quebec 11:05, 18 February 2017 (MST)