American plan sponsors have been spurred to action by a perfect storm of pressures on their DB plans, finds the Mercer/CFO Research 2015 Risk Survey.
Could robo-advisors be the nudge plan sponsors need to offer members investment advice?
Addressing the problem of aging populations around the world, CFA Institute has partnered with Mercer to produce a report and infographic identifying 10 key principles of an ideal retirement system.
Here's a look at the people on the move in June 2015.
When it comes to pension plans and hedge funds, size matters. That message came across loud and clear last fall when the US$298-billion California Public Employees’ Retirement System (CalPERS) eliminated its $4-billion hedge fund program.
Insurance broker Willis Group Holdings and Towers Watson have agreed to an all-stock merger of equals transaction. The combined company will be called Willis Towers Watson.
The solvency position of Canadian pension plans rose in the second quarter of 2015 because of rising interest rates.
Manulife Asset Management has promoted Michael Reid to the newly created role of senior strategist, pension solutions, within the firm's investment solutions team, effective June 15.
When I get ticked off with something a man does, I usually say, “Well, they die sooner.” And that’s true: Statistics Canada’s 2009 numbers put life expectancy for men at 79 years, compared with 83 for women. But will women have enough retirement income to enjoy those longer lives?
Last week, three tobacco companies were ordered to pay more than $15 billion in damages to smokers in Quebec.