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From Surviving to Thriving: What Pension Managers Ought to Communicate to Plan Members Right Now

May 22, 2020

Executive Summary

When all of the economic news triggered by COVID-19 seems to be negative, pension members may become worried even if things are under control. But we know that the market has recovered from challenges like this one in the past, and pension managers are required to be prepared for every eventuality. In fact, in Canada, we may be managing this situation even better than we expected. In order to ease the way forward for everyone and build hope for the future, pension managers should be communicating frequently and clearly to their members. Members need to know how flexible and adaptable pension investment systems are so that they can breathe a little easier. This article offers some succinct and important information you can consider communicating to your members so that we can all get through this challenge together.

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