SNC-Lavalin focuses on plan participation and matching contributions to help employees reach their retirement goals, even in challenging markets. The employees at SNC-Lavalin have their…
McGill University wants its employees to think big picture—with their retirement savings and their total compensation. Pension plan sponsors have been left reeling after the…
When I worked in manager research, I kept two logs. The first log, which I no longer actively maintain, was comprised of the old business…
It’s never wise to carry all your eggs in one basket. The Canadian Retirement Income Security System seems to have grasped this truth and armed…
As anticipated, the 2009 Ontario Budget, entitled “Confronting the Challenge: Building Our Economic Future,” contained several measures directed at pension reform. The Budget indicates that…
As the dust begins to settle around the Bernie Madoff Ponzi scheme it has been revealed that among his list of high society clientele were…
With the recent cascade of solvency deficits, funding relief measures, and bankruptcy protection filings by pension plan sponsors, it is becoming difficult to remember the…
After emerging from the horrors of 2008, the folks at the Caisse de dépôt et placement du Québec were no doubt looking to 2009 with…
How fiduciary liability insurance can help Plan sponsors guard against future member litigation. The current economic turbulence, combined with increasing numbers of retirees, is creating…
The challenge of managing pension plans during an economic downturn requires employers and administrators to revisit their legal responsibilities. The global financial and economic pressures…
Temporary solvency funding relief constitutes the lion’s share of issues relevant to plan sponsors in Ontario’s new budget, and aside from a few minor surprises,…
Federal Minister of Finance Jim Flaherty has published regulations meant to provide optional temporary solvency funding relief for federally regulated defined benefit (DB) pension plans.…
While the majority of media coverage on pensions is currently focused on saving existing plans, it may come as a surprise to most Canadians that…
Severance planning is a strange dynamic for advisors, and it’s generally a negative and frustrating process for clients. For advisors, it creates a lump sum…
With no signs yet of the markets returning to health and retention issues still a concern, employers can find themselves between a rock and a…
Canada’s defined benefit (DB) pension plans are near the tipping point, and the federal government must take action soon to avoid a crisis in the…
More than ever, today’s plan sponsors need to maximize the return on their communications investment. The question is: how? In our hyper-connected world, most of…
The March 5 Supreme Court of Canada decision to deny with costs the plan members’ application for leave to appeal from the decision of the…
A group representing hundreds of the world’s largest pension funds says institutional investors must accept their share of responsibility for the “the largest financial crisis…
Investment advice isn’t the only option—some plan sponsors opt for broader retirement planning education instead. Cadillac Fairview doesn’t do investment advice. “We did not want…
Scott Perkin, President of the Association of Canadian Pension Management, shares his views on the pension panel report. What is the reaction of the Association…
Employers can turn to financial advice, portable voluntary benefits and transition services to help employees survive today’s economic conditions. The downturn in Canada is less…
With the three expert panel reports now out on the pension reform table, it’s time for a little compare and contrast. For years, the federal…
With many defined benefit pension plans facing a funding crisis, how do we address the problem of solvency? For the second time this decade, pension…
The February blahs take on a deeper dimension as companies tighten their belts in a tough economy. Most of us weren’t sorry to see the…