Pension crisis centre stage
What seemed a bump in road in 2002 has now become a frighteningly deep hole for plan sponsors. At the same time, it is shedding…
- By: Scot Blythe
- June 8, 2009 September 13, 2019
- 00:00
What seemed a bump in road in 2002 has now become a frighteningly deep hole for plan sponsors. At the same time, it is shedding…
Facing criticism over the Canada Pension Plan Investment Board’s (CPPIB) compensation structure, Federal Finance Minister Jim Flaherty has asked all government-owned companies to review their…
Employee engagement is holding up under the pressure of the global recession, but with many workers beginning to question their leaders’ competency and direction. Employers…
When the title of the annual report for the largest pension plan in the country begins with “Let us explain,” it’s clear that something has…
When a particular pension or benefits topic is making waves in the media, I often hear from PR firms. If I had a dollar for…
The Ontario government announced in its last budget that it would provide the Ontario Teachers’ Pension Plan with the legal authority to act as an…
The predicament that Canada’s pension system currently finds itself in has all the makings of an election issue, save for one: an individual to grab…
The ongoing global financial crisis has been almost unprecedented in scope and scale. It looks as if we’ve missed, if only by a hair, the…
What are the implications of pension funds assuming third party investment management responsibilities for other funds? The current premise is that pooling of assets will…
Once regarded outmoded and unsustainable, the Book reserve model of pensions has emerged the most resilient in the face of the global financial crisis, a…
“What is your decision-making process, or do you even have one?” asked Patricia Tiralongo, vice-president with TD Asset Management Inc. at a recent pension fundamentals…
Suggesting that the past year has changed everything might strike some as an ironic understatement accompanied by pained glances at damaged portfolio balances. However, that…
Pension plan texts, both current and historical, are key documents governing employee and employer rights and obligations under a registered pension plan. As such, plan…
An Act to amend the Supplemental Pension Plans Act and other legislative provisions in order to reduce the effects of the financial crisis on plans…
In Quebec, how do pensioners and plan sponsors spell relief? R-É-G-I-E As a result of the 2008 market plunge and the ensuing recession, defined benefit…
Andrea Garson, vice-president of HR with Workopolis, discusses the Canadian job market and shares strategies for managing your workforce during tough times. How severely has…
In March 2009, the Federal Government enabled regulations under the Pension Benefits Standards Act (1985), or PBSA, allowing pension plan sponsors to offer phased retirement…
New chair of the CPPIB Robert M. Astley discusses the CPP’s long-term horizon, the board’s governance and investment policies, and the future retirement income security…
MEPP sponsors with quebec members may be in for a few surprises in light of the pension funding crisis. The current pension plan funding crisis…
The recession means that some employees and plan sponsors will need to adjust their retirement expectations. Will they just have to wait it out, or…
SNC-Lavalin focuses on plan participation and matching contributions to help employees reach their retirement goals, even in challenging markets. The employees at SNC-Lavalin have their…
McGill University wants its employees to think big picture—with their retirement savings and their total compensation. Pension plan sponsors have been left reeling after the…
When I worked in manager research, I kept two logs. The first log, which I no longer actively maintain, was comprised of the old business…
It’s never wise to carry all your eggs in one basket. The Canadian Retirement Income Security System seems to have grasped this truth and armed…
As anticipated, the 2009 Ontario Budget, entitled “Confronting the Challenge: Building Our Economic Future,” contained several measures directed at pension reform. The Budget indicates that…