When your employer is contributing $0.50 to $1.00 for every contribution you make, obviously a company pension plan is an attractive benefit, so much that annual salaries or compensation are reduced for this above average and advantageous benefit.
If you are handling your own affairs (either by choice or default), then do not invest in mutual funds. Read this...
"Private sector employees have seen a decline in already low pension plan coverage from 28 per cent to 23 per cent over the same period. That means only one private sector employee has a pension for every four in the public sector. Clearly it is the private sector that should be the focus of any effort to increase pension plan coverage."
http://business.financialpost.com/personal-finance/retirement/a-workplace-pension-could-be-worth-three-times-an-rrsp-yet-only-37-of-canadians-have-one
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