Freezing your DB plan: What to consider
Freezing a DB plan can also mean more complex governance. What do plan sponsors need to know?
- By: Sheldon Wayne and Mathieu Tessier
- June 27, 2014 September 13, 2019
- 09:00
Freezing a DB plan can also mean more complex governance. What do plan sponsors need to know?
Eighty-five percent of small business owners in Quebec support the concept of the new voluntary retirement savings plan, according to a survey.
Eckler has introduced Guided Outcomes, a DC plan management solution that was launched in the United Kingdom by consulting and actuarial firm Hymans Robertson, to…
The federal government has concluded its public consultations on establishing a federal framework for target benefit plans and will use the input to draft legislation.
In its response to the Department of Finance's consultation paper on the proposed target benefit plan framework, Morneau Shepell stressed that all groups should collaborate…
The Association of Canadian Pension Management says there are principles that should be followed in any expansion of mandatory public plans.
Enjoying recent gains, pension funds are turning their attention to a new challenge: keeping them
Pension plans are in better shape than they were last year, especially those based in Canada.
After a number of false starts (and there may be more yet), the goal of pension reform in Canada seems to have zeroed in on…
The Government of Quebec says the province's municipal pensions are underfunded by $3.9 billion and has introduced a bill to try to fix the problem.
Standard Life has launched a new reporting tool developed to enhance information delivery capabilities for sponsors of group pension plans and their advisors.
Ontario Premier Kathleen Wynne plans to re-introduce last month's budget within 20 days after voters gave her a majority mandate on Thursday night.
The Government of Nova Scotia and the Nova Scotia Teachers Union have agreed to changes to the Teachers' Pension Plan.
An article on how the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline will impact plan sponsors and members was the most-read story…
While the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline contains several key updates with regard to plan sponsor and member responsibilities,…
In 2023, the world’s 300 largest pension funds’ assets under management increased by 10 per cent to US$22.6 trillion, compared to $20.6 trillion at the…
With many Canadian defined benefit pension plans in a strong funded position, plan sponsors, particularly those with unionized workforces, are increasingly discussing the use of…
The federal government is currently seeking recommendations about its plan to introduce solvency reserve accounts for federally regulated defined benefit pension plans. Under the government’s…
Marcie Frost, chief executive officer at the California Public Employees’ Retirement System, is receiving a significant bonus that will boost her compensation to more than…
From 2016 to 2024, fewer plan members are confident they’ve saved enough for retirement. Indeed, Benefits Canada’s 2024 CAP Member survey found plan members’ optimism…
Going through a divorce can be an extremely stressful and emotional experience and, unsurprisingly, the impacts can spill into the workplace. “[Employees may be] at…
When Phillip Kotanidis took over as chief human resources officer at Toronto’s Michael Garron Hospital in 2018, the financial well-being of staff wasn’t exactly high…
As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says…
Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…
Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…