Publications
Publications
- July 2010
- HBS Case Collection
Fidelity Retires in Canada
By: Robert C. Pozen and Edward Warren Scott
Abstract
The head of Fidelity Canada was faced with a decision about what to do with its retirement business there. Although Fidelity as a fund manager has made some headway in Canada, the competition has been very tough for the administration of retirement plans—a separate business from fund management. The case discusses the similarities and differences between defined contribution plans in Canada and the United States. It then focuses on three possible decisions for Fidelity Canada—grow its own retirement business, find a joint venture partner, or sell the business.
Keywords
Business Exit or Shutdown; Investment Funds; Globalized Firms and Management; Growth and Development Strategy; Retirement; Competition; Financial Services Industry; Canada; United States
Citation
Pozen, Robert C., and Edward Warren Scott. "Fidelity Retires in Canada." Harvard Business School Case 311-023, July 2010.