Despite tastes for beaver tails and poutine, Canadians are living longer than ever before. And if you’re an employer with a DB pension plan, it probably means that you’ll be paying pensions to your retirees for longer than you expect.
Performance led by equities, real assts and private capital.
The thinking for plan sponsors over the last decade has been to reduce risk, reduce liabilities, get out of DB and move to a DC pension model. But a pure DC plan isn’t the answer to the overarching pension problem—and neither is DB, argued Yvan Legris, global CEO, consulting, with Aon Hewitt, at a recent Toronto Board of Trade event.
Retirement concerns are keeping a younger group of Americans up at night, according to new research from the Pew Research Center in Washington, D.C.
New capital market would help manage risk.
The scale of longevity risk is too vast for insurers alone without the development of a capital market, says new Swiss Re report.
The stunning costs of living longer.
Getting them up to fiduciary standards.
Coverage of the 2011 Risk Management Conference.
