The Impact of Service Models on Pension Administration Costs: A Global Perspective

The Impact of Service Models on Pension Administration Costs: A Global Perspective

The cost of administering benefits for large Defined Benefit (DB) pensions varies significantly worldwide, from an average of £34 per member in the U.K. to an average of $180 CAD in Canada. This whitepaper quantifies these cost differences, considering factors like...
The Impact of Service Models on Pension Administration Costs: A Global Perspective

An Empirical Analysis of the Drivers of Record Keeping Cost in U.S. Defined Contribution Plans

Recordkeeping cost in our $1.3 trillion DC database vary widely, from $20 to $80 per participant annually. This analysis explains this variance from a line-up and plan characteristics perspective: Key cost drivers include economies of scale, managed accounts, and...
The Impact of Service Models on Pension Administration Costs: A Global Perspective

Should Canada Require its Pension Funds to Invest More Domestically?

This report examines the domestic vs. international breakdown of investments for Canadian pension funds, and barriers to domestic investment. It finds the proportion of Canadian listed equity and fixed income holdings is relatively high compared to the global share of...
The Impact of Service Models on Pension Administration Costs: A Global Perspective

Market efficiency and value added by listed and unlisted U.S. institutional investor real estate portfolios

CEM research shows that institutional investors of sufficient size tend to outperform the market over long periods of time. The ability to outperform benchmark returns stems partly from the structural advantages; investors with more scale, more actively managed...