Today, Randy Gunn, BULLWEALTH’s VP and Portfolio Manager, sits down with Mike Werbowecki, Senior Vice President at NFP Canada, who brings more than 35 years of experience in the insurance industry, primarily within group pension plans at firms such as Clarica, Equitable Life, and Manulife. Their discussion focuses on employer-sponsored pension plans in Canada, with particular attention to Defined Benefit and Defined Contribution plans, including the current state of these plans, their limitations, the responsibilities of plan sponsors, and best practices for achieving strong outcomes for plan members. Mike also highlights the challenges both plan sponsors and members are likely to face in the years ahead, particularly as the shift from Defined Benefit to Defined Contribution plans continues. Together, Randy and Mike offer a thoughtful and insightful conversation that provides practical guidance for navigating employer-sponsored pension plans.