Pension plan funds shortfall with cheese
Dairy Crest, one of the largest dairy producers in the United Kingdom, will add £60 million worth of cheddar cheese to its pension fund to…
- By: Staff
- April 22, 2013 September 13, 2019
- 11:28
Dairy Crest, one of the largest dairy producers in the United Kingdom, will add £60 million worth of cheddar cheese to its pension fund to…
Residents of Alberta will soon have the ability to invest in pooled registered pension plans.
The industry had positive things to say about the expert committee on the future of the Quebec retirement system, led by Alban D’Amours.
Canyon Lake, Calif., has told the California Public Employees’ Retirement System that it wants to end its relationship with the pension fund.
More than half of Intel’s 82,500 employees reside in the U.S., a fact that explains why the multinational tech company considers its employees to be…
A new longevity pension for those over 75 and reformed direct benefit plans are at the heart of proposals to ensure all Quebeckers have sufficient…
A whole lot has changed since Sunsuper’s CEO, Tony Lally, first presented at Benefits Canada’s DC Plan Summit in 2008. Back then, the multi-industry superannuation…
Last October, the U.K. experienced its biggest pension provision shakeup in generations when state legislation required employers to roll out auto-enrollment provisions for all eligible…
The Colleges of Applied Arts and Technology Pension Plan reported an 11.8% rate of return last year and has a surplus.
During Benefits Canada’s annual DC Plan Summit, William Robson, president and CEO of the C.D. Howe Institute, spoke about pension reform.
Three large union pension funds have threatened to pull $1 billion in investments and funds from RBC Investor Services if it's parent company, Royal Bank…
During Benefits Canada’s annual DC Plan Summit, plan sponsors participated in interactive sessions. They split into small groups and were given questions to discuss. Based…
Jafer Naqvi, director, client strategy, with Greystone Managed Investments shares the best ideas from the question he moderated: Should DC plans consider alternative investments?
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…
The International Centre for Pension Management is celebrating 20 years of promoting strong pension governance practices by regularly engaging plan sponsor members, says Sebastien Betermier, the organization’s…
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…
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…