Employers in Canada are expecting salaries to rise by an average of 2.8% in 2015, according to Morneau Shepell’s annual survey of Compensation and Trends in Human Resources.
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 on these discussions, moderators later offered their insights and relayed key take-aways. Nigel Branker, partner with Morneau Shepell shares the best ideas from the topic they discussed.
Morneau Shepell suggests a new government-sponsored pension program at the provincial level as a way to improve the retirement system.
Bethune Whiston, a partner in Morneau Shepell's Ontario retirement solutions and international practice, has been appointed to the Ontario Financial Services Tribunal.
Employers need to focus on the relationship between mental health and productivity moving forward, explained Bill Morneau, executive chairman of Morneau Shepell, at the company’s annual Employers Connect event.
Morneau Shepell's 60 Second Survey suggests that if the provinces adopted a new pension plan to supplement the Canada Pension Plan, employers would prefer that participation be mandatory.
Morneau Shepell maintains a proprietary database with detailed data on hundreds of DB plans. Every so often, it yields up some interesting tidbits of information. For example, consider the prevalence of active versus passive investment management. You might be surprised at the percentage of plans that are actively managed, but let’s set the stage before revealing the answer.
Sponsors of DB plans continue to struggle with oversized pension costs, according to Morneau Shepell's annual compensation survey.
Diversified pooled fund managers posted a median return of 0.1% before management fees in the second quarter of this year, according to Morneau Shepell’s Performance Universe of Pension Managers’ Pooled Funds.
The results of 60 Second Survey conducted recently by Morneau Shepell showed that a significant majority of plan sponsors polled agreed that Canada is suffering a retirement crisis. More interesting, though, are the views of the same sponsors on the one action governments can take that would be most effective in addressing this crisis.