Keyword: Defined benefit pensions

774 results found
Changes to Ford’s pension accounting led to $2B loss in 2016

Ford Motors Company has adjusted its method of accounting for pension contributions and other post-retirement employee benefits, the company noted in a filing to the U.S. Securities and Exchange Commission last week. As of Dec. 31, 2015, the company uses the mark-to-market accounting method, in which pension and other post-retirement employee benefits’ re-measurement gains and […]

  • By: Staff
  • February 1, 2017 September 13, 2019
  • 09:17
Canadian pension plans moving slowly but surely towards DC: survey

Canadian pension plans have grown significantly over the past decade, a survey by Willis Towers Watson has found. Total pension assets were US$965 billion in 2006, compared to $1.6 trillion in 2016. The ratio of pension assets to gross domestic product grew by 30 percentage points in that decade, to 103 per cent in 2016 […]

  • By: Staff
  • January 31, 2017 September 13, 2019
  • 09:09
Investment returns predicted to fall as uncertainty leaves economy ‘most unstable’

Canadian pension plans should expect a decrease in returns across all asset classes and a weakening in investment opportunities in 2017, according to an economic outlook briefing hosted by Willis Towers Watson in Toronto on Thursday. “ . . . The strength we’ve been seeing for a very long time is coming to a close. […]

U.S. public pension funds lower fees to 0.56%: survey

In 2016, public sector pension plans in the United States lowered the cost of administering funds and paying investment managers to 56 basis points, according to a new survey by the National Conference on Public Employee Retirement Systems. That was down from 60 basis points in 2015 and is well below the average fee of 68 basis […]

  • By: Staff
  • January 19, 2017 September 13, 2019
  • 10:16