2014 Group Retirement & Savings Report Pre-release: Investment Product Shelf
Growth of group segregated funds, the investment funds on group retirement savings platforms, continued to be strong in 2013 as assets under management (AUM) increased 17.7%. Since 2008, investment fund assets have nearly doubled from $70.5 billion to $137.9 billion. On the product shelf, target-date funds have gained in popularity, capturing more than 40% of total net flows into investment funds. At the end of December 2013, target-date funds totaled $12.8 billion and represented a key driver of growth for competing insurance company platforms as plan member demand for asset allocation strategies remained high.
This analysis is part of the upcoming 2014 edition of Investor Economics’ Group Retirement and Savings Report, which will be published in the final calendar quarter. The report provides extensive coverage of the fast-growing group retirement savings market in Canada. Analytical spotlights include a focus on group record-keepers and their recent growth experience, key distribution channels, detailed investment product information by record-keeper and asset managers, as well as current retirement trends in Canada and abroad.
If you are a current subscriber of the 2014 Group Retirement & Savings Report, the pre-release of the Investment Product Shelf section is now available for download here. For more information on this report please contact either Goshka Folda at goshka@iei.ca or Anthony Yeung at anthony@iei.ca.