Is investment choice necessary?
The first DB to DC pension plan conversion I was involved in took place in 1986. Back then, a DC pension plan was called a…
- By: Greg Hurst
- March 13, 2013 September 13, 2019
- 06:50
The first DB to DC pension plan conversion I was involved in took place in 1986. Back then, a DC pension plan was called a…
The 2008 economic crisis and its lasting aftermath have significantly influenced the dynamics of collective bargaining in both the public and private sectors in Canada.…
On Feb. 1, 2013, the Supreme Court of Canada (SCC) released its hotly anticipated decision in the Sun Indalex Finance, LLC v. United Steelworkers (Indalex)…
After posting strong returns in the mid-2000s following the tech bubble, the Colleges of Applied Arts and Technology (CAAT) Pension Plan was hit hard in…
While 2012 saw strong investment returns for Canadian DB pension plans, solvency funding issues continued to be a challenge. With similar patterns expected to continue…
Canadians should have the choice to make additional voluntary contributions to the Canada Pension Plan in order to avoid facing a significant decline in living…
The impact of the Supreme Court of Canada’s Feb.1 decision in Sun Indalex Finance, LLC v. United Steelworkers (Indalex) on lenders and credit markets has…
While most investors employ active management in an attempt to achieve market beating performance, I don’t believe investors fully realize just how likely it is…
The City of Saint John, New Brunswick was beset last year by debate over its gaping $195 million pension deficit, so bad that a consultant…
Pension litigation has been on the rise for many years. A recent decision of the Nova Scotia Supreme Court provides an important reminder to employers…
Historically, Canadian pension accounting standards were viewed as one of the barriers encountered by employers wishing to reduce pension risk. These barriers included the ability…
The target benefit plan (TBP) is a new pension model gaining both attention and momentum in Canada for its potential to provide plan members with…
Employees are staying into the workforce for much longer than their parents and grandparents did. There are both social and financial reasons driving this trend.…
In Canada, there has been a lot of talk about the current public retirement system and how it should be improved. But how does Canada’s…
The Alberta government has introduced Bill 10, the Employment Pension Plans Act, in the provincial legislature. The bill aims to allow plan administrators to more…
For generations, the concept of retirement centred around a one-time event: you worked to age 65, then your employer sent you off with a gold…
Ontario finance minister Dwight Duncan publically announced yesterday that the province and The Healthcare of Ontario Pension Plan (HOOPP), The Ontario Public Service Employees Union…
Disclosure—it’s a word that’s popping up with increasing frequency in the pension world. In fact, it’s hard to turn around these days without tripping over…
The only news around pooled registered pension plans (PRPPs) today seems to be coming from the federal Department of Finance, Ted Menzies, Minister of State…
B plans across the country have faced significant issues in recent years, including low interest rates, changing demographics (such as longer life expectancy and an…
The federal government has created the pooled registered pension plan (PRPP) in the hopes that provinces would each adopt a bill creating a similar product…
Members of the Prince Edward Island Legislature’s Public Accounts Committee were briefed yesterday on options for tackling the funding shortfall in the province’s public sector…
One of the first lessons Panther Kuol learned while growing up in Sudan was the value of planning carefully for the future.
The pooled registered pension plan (PRPP)—proposed by the federal government in response to the lack of pension coverage across Canada—may also help to resolve employers’…
The shift to more complicated arrangements that require additional communication also means there is a greater role for advisors in the decision-making process.