What if there was a magic wand you could wave to rid your corporate balance sheet of all your defined benefit (DB) pension liabilities? Or…
Human resources professionals lack business acumen. They are, more or less, competent providers of essential services. Need to make a hire? Conduct a performance review?…
It’s rough seas these days for plan sponsors. With pension plans investing in alternative assets such as private equity and real estate, sponsors are now…
For the first time since the inception of the Morgan Stanley Capital International(MSCI)Emerging Markets Index, emerging market equities have recorded four consecutive years of positive…
What do you think you have done for pension stability over the past year? JF: I suppose one of the most significant things for Canadians…
When I hear the words “two tier,” my thoughts automatically jump to Canada’s healthcare system. These days, the phrase immediately elicits images of people paying…
When Stephen Harper’s minority government took over in Ottawa early last year, 72% of federally regulated defined benefit(DB)plans had a solvency deficit as of June…
Quebec enacted Bill 30 last December, bringing about significant amendments to the Quebec Supplemental Pension Plans Act(SPPA), which could have profound implications for not only…
© Copyright 2007 Rogers Publishing Ltd. The following article first appeared in the February 2007 edition of BENEFITS CANADA magazine. Supersized The major players in…
The recent elimination of mandatory retirement in Ontario has prompted some (but not all) organizations with Ontario-based employees to consider the benefits they will extend…
BC: Why has the government decided there should be an expert commission to study pension issues now? GS: In 1986, when the current act was…
For many companies, compliance with generally accepted accounting principles(GAAP)in the United States is a requirement driven by the need to raise capital in the U.S.…
We have consistently heard the desire of pension plan sponsors to minimize escalating pension costs. The comfort food being digested by some is to convert…
In times of increased economic uncertainty, the number of tough financial choices facing the average person seems to rise exponentially. Clashing priorities battle it out:…
One employee touts the benefits of an ESOP, while an academic notes it depends on individual financial circumstances and plan design. Morgan Zirul, store manager,…
PepsiCo Canada may be known for quenching thirst and satisfying snack cravings, but the organization’s leadership recently identified another kind of demand: clearer, more personalized…