The Government of Newfoundland and Labrador made pension overpayments to more than 400 public servants.
Why pension plans are straying from equities and bonds and moving into homes and highways
Why aren’t DC plans including ETFs in their rosters?
We are all familiar with the expression “the long arm of the law.” However, few laws’ arms are longer than that of the U.S. Foreign Account Tax Compliance Act (FATCA). Administrators of Canadian pension plans and financial institutions that hold or invest pension assets learned this last year when FACTA came into force on July 1, 2014.
Members of Acadia University's pension plan have voted in favour of transferring into the Public Service Superannuation Plan (PSSP).
Canadian DC plan sponsors need a boost to drive employees’ retirement savings
An increasing number of companies are broadening the types of financial and retirement planning tools and resources they provide to workers.
A study of 401(k) plans conducted by BrightScope and the Investment Company Institute (ICI) shows that employers are actively participating in their plans. It also reveals that plans offer a wide variety of investment choices and that mutual fund fees in 401(k) plans have trended down over time.
What DC plan member education can learn from behavioural economics
The rising cost of derivatives has many institutional investors turning elsewhere for ways to hedge—and exchange-traded funds are on the list of alternatives for some.