One trillion. I’m no math whiz, but that’s a lot of zeros. Twelve to be exact. It’s a big number. So when our figures at…
THE GLOBAL INFRASTRUCTURE investment market is at an intriguing stage for institutional investors. Investors all over the world are increasingly becoming attracted to the stable,…
IN THE MID- TO LATE-1990S, CIBC noticed a significant increase in the number of employees going on long-term disability(LTD). After examining its data, the bank…
Small size doesn’t necessarily mean small problems. In fact, many smaller-sized employers are often having to choose between benefits plans and pension plans to keep…
FUNDING ISSUES ASSOCIATED WITH DEFINED BENEFIT(DB)pension plans continue to dominate pension news. Almost without exception, the stories about these DB plans have been quite gloomy…
When recounting the kind of person Jim Norton was both personally and professionally, Barry Noble, vicepresident, distribution for Manulife Financial in Toronto, recalls an incident…
Ontario municipalities and Canada’s largest civic unions are up in arms over Bill 206, which proposes to restructure the Ontario Municipal Employees Retirement System (OMERS).…
Mergers and acquisitions present a host of challenges, among them, the need to rationalize benefit plans. By factoring communication into all phases of the benefit…
Pension governance is the system of structures and processes implemented to ensure both the compliance with laws and the effective and efficient administration and investment…
DO YOU HAVE AN OFFICE FULL OF THIRTY-SOMETHING MALE frontline managers? If you think you’re saving bundles on maternity leave costs, think again. You likely…
The most important component of the pension governance cycle is the development of prudent investment policy guidelines. The ultimate objective of this process is to…
On Jan.31, Ben Shalom Bernanke replaced the United States Federal Reserve(FED)Chairman of the board, Alan Greenspan. This important economic event will very likely have implications…
Could hybrid plans be the solution for today’s beleaguered pension plan sponsors? In a recent informal poll of Canadian pension and benefit executives, almost 25%…
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…