At the end of last year, pension fund asset levels in most countries had returned to their pre-crisis levels; however, growing risks due to the…
The Professional Institute of the Public Service of Canada (PIPSC) is the latest organization to speak out against the Canadian Federation of Independent Business’s (CFIB)…
Improved market conditions and regulatory changes are improving the funding positions of Canada’s pension plans, but challenges in funding will remain into the foreseeable future,…
An article entitled “A nudge and a wink” in the Economist last April observed, “Governments are trying to ‘nudge’ people into doing what is good…
To outsiders, cross-country skiing may seem like a calm, low-stress activity. But many trails have unexpected challenges for even experienced skiers. “There are trails with…
The Public Sector Pension Investment Board’s annual report boasted a healthy 14.5% return for the 2011 fiscal year, resulting in a gain of $7 billion…
The federal government has launched a campaign to encourage adoption of pooled registered pension plans (PRPPs), as Ted Menzies, Minister of State (Finance), used a…
The group retirement savings division of Desjardins Financial Security (DFS) has been ranked No.1 in overall Defined Contribution Pension Asset Growth in the Fraser Group’s…
The CPPIB is teaming with the Public Sector Pension Investment Board (PSP Investments), a Canadian crown corporation, and London-headquartered Apax Partners to buy Kinetic Concepts…
Boomers started 2011 with good intentions to put more away for retirement. However, as we enter the mid-point of the year, only 42% of those…
Seeking to plug its funding gap, the sponsors of OMERS primary pension plan have approved increases to contribution rates for 2012. For members whose normal…
Many pension plans remain underfunded, but improving markets have helped to narrow the gaps. Plan managers can now afford to rein in the risk in…
After three consecutive quarters of gains, Mercer’s pension index shows that many Canadian plans suffered moderate losses in the second quarter of 2011 as a…
Carolyn Tsen, Hydro One’s pension fund senior advisor talks about the top issues that pension plan sponsors are facing today. From de-risking to emerging markets,…
The New Brunswick government is delivering on a promise it campaigned on in the last provincial election—to rein in the pensions of provincial politicians. The…
The Canada Pension Plan Investment Board (CPPIB), along with a consortium including Allianz Capital Partners GmbH (Allianz) and the Abu Dhabi Investment Authority (ADIA) has…
With a mandate to cut spending by about €8 billion between 2012 and 2015 (which is one of several conditions Greece must meet to continue…
Recent changes to Canadian pension legislation could change the employee/employer relationship regarding DC pensions, according to a panel of pension law experts speaking at a…
“I then review some of the strongest evidence concerning the efficacy of financial education; that evidence leads to the tentative conclusion that financial education has,…
U.S. employees are participating in employer-sponsored DC plans at a record high rate, says a recent report from Aon Hewitt. And this is a direct…
Last year, Canada’s Top 40 money managers clocked substantial gains that pushed them back into positive territory in the wake of one of the worst…
In the pension fund world, accounting rules sometimes attract more attention than actuarial valuations. That’s because, at least among DB pension plans in the private…
More than one-third of Canadians age 50-plus who have not yet retired are worried they will not have enough money to live well once they…
Social media and technology are creating new opportunities to communicate with plan members, according to Kate Nazar, assistant vice-president, client relationships, group retirement services, with…
Berkshire Partners LLC, the Boston-based private equity firm, and OMERS Private Equity Inc., the private equity arm of the OMERS Worldwide group of companies, announced…