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Changes to LIF Regulations Take Effect
Craig Sebastiano
Regulatory changes proposed in the federal budget regarding life income funds (LIFs) took effect on Thursday.
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Pension Buyout Activity to Increase
Craig Sebastiano
The market in the United Kingdom for transferring pension plan risk to an insurance company has accelerated sharply over the past six months and is expected to grow rapidly, finds a report by Lane Clark & Peacock.
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Funding Status For U.S. Plans Rises
Craig Sebastiano
Last month's stock market rally helped improve the funded status of the typical pension plan in the United States, according to BNY Mellon Asset Management.
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Too Late For DB?
Jody White
Despite the focus on pension reforms in some provinces, it may be too little, too late, according to one industry expert at the 2008 Pensions Summit.
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Pension Crisis Over?
Alyssa Hodder
While pension risk remains a concern for Canadian organizations, many executives no longer view the situation as a long-term crisis, according to the results of the 2008 Survey on Pension Risk conducted by the Conference Board of Canada and Watson Wyatt Worldwide.
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