Latest news in Defined benefit pensions

Editorial: Round trip

When I came back to work last August after my second maternity leave, it was with a renewed sense of eagerness and anticipation. What new…

Pension column: Lessons from Denmark

Quick word association game: Denmark. What’s the first thing that comes to mind? Pastries? LEGO? Beer? Now, add pensions to the list. Denmark apparently has…

How to take a dynamic approach to asset allocation

How to take a dynamic approach to asset allocation

Over the past few years, many plan sponsors have sought to de-risk their DB pension plans. This has manifested itself in different ways—from simply diversifying…

  • January 6, 2014 September 13, 2019
  • 07:00
SRPs, MEPPs, JSPPs and TBPs: Searching for clarity

SRPs, MEPPs, JSPPs and TBPs: Searching for clarity

Taxonomy, the classification of things or concepts, isn’t just for dusty old biology textbooks. Only by grouping things together or separating them out can we…

  • By: Susan Deller
  • December 20, 2013 September 13, 2019
  • 15:29
How the Canadian Wheat Board de-risked its DB plan in a unique transaction

How the Canadian Wheat Board de-risked its DB plan in a unique transaction

It was, literally, a big deal when the Canadian Wheat Board (CWB) off-loaded the risk of its underfunded DB pension plan to Sun Life Financial…

Inspiration: Jim Leech

Inspiration: Jim Leech

Shortly after the Ontario Teachers’ Pension Plan (Teachers’) sold its majority stake in Maple Leaf Sports and Entertainment (MLSE) to Rogers—owner of Benefits Canada—and BCE,…

Brighter days

Brighter days

With market returns increasing, interest rates on the rise and funded status for DB plans improving, the environment may be right for de-risking

New accounting disclosure requirements focus on risk assessment

New accounting disclosure requirements focus on risk assessment

Many Canadian companies will soon start preparing disclosures for their fiscal year-end corporate financial statements. For most organizations that account for their pension and other…

  • November 8, 2013 September 13, 2019
  • 10:08
Communication: Impossible

Communication: Impossible

In his 2012 article, “Too complex to depict?”, Professor Henry Hu of the University of Texas Law School asks whether “too-big-to-fail” banks are too complex…

Enjoy the ride

Enjoy the ride

Pension plans are protecting themselves from market ups and downs by matching assets to liabilities

Bond allocations: Adjusting to changing rates

Bond allocations: Adjusting to changing rates

The past few years have been difficult for DB pension plans in Canada. Continued equity market volatility and, until recently, extremely low interest rates have…

  • September 23, 2013 September 13, 2019
  • 10:20
De-risking opportunities: Timing matters

De-risking opportunities: Timing matters

Many employers would like to reduce the risk in their DB plan so that the level of pension risk meets the company’s overall risk management…

  • September 4, 2013 September 13, 2019
  • 10:52
Full steam ahead

Full steam ahead

Cenovus Energy refines its methods for retaining mid-career employees

  • By: Brooke Smith
  • September 1, 2013 September 13, 2019
  • 07:00
The three Rs of risk management

The three Rs of risk management

The financial turbulence of the last decade didn’t just damage portfolio performance; it dealt a blow to longstanding approaches about how to manage it, forcing…

Top 100 Pension Funds Report: Bouncing back

Top 100 Pension Funds Report: Bouncing back

The past few years for the pension industry have been difficult, to put it mildly. But for the Top 100 pension plans, things are starting…

Top 100 Pension Funds Report: A retrospective

Top 100 Pension Funds Report: A retrospective

Pension plans have had a trying time over the last few years. Stocks have taken investors for a ride, and a low interest rate environment…

Is a minimum pension funding strategy always optimal?

Is a minimum pension funding strategy always optimal?

Today, most Canadian single employer DB pension plans have large solvency deficits, and there continues to be significant focus on the large minimum contributions required…

  • June 20, 2013 September 13, 2019
  • 09:44
Concerning matters

Concerning matters

Plan sponsors and industry experts get to the bottom of their concerns at the 2013 Benefits & Pensions Summit in Toronto: employee health and retirement

Above par

Above par

Why John Poos needs to think a few strokes ahead to get the career he deserves

Why more long-term debt is positive for pensions

One of the items that received little attention in the federal government’s most recent Economic Action Plan (also known as the 2013 Budget) was a…

  • May 2, 2013 September 13, 2019
  • 10:41

Breakdown: World domination

Some countries do a world-class job of making it to the top quartile of performance by ensuring their aging populations have financial security at retirement.…

Good news

The United Church of Canada has a tradition of caring for its flock, and its shepherds—especially into their retirement.

Ease funding challenges with letters of credit

Ease funding challenges with letters of credit

On Jan. 1, 2013, amendments to Ontario’s Pension Benefits Act (PBA) took effect, allowing employers to use a letter of credit (LOC) to cover up…

  • By: Kim Ozubko
  • April 8, 2013 September 13, 2019
  • 07:00
Custody Report: It’s document-ary

Custody Report: It’s document-ary

As eurozone nations continue to struggle with debt, many predict that emerging markets will continue to outperform developed markets in 2013. Brazil, Mexico, Russia and…

Strategy: Dynamic dual at CAAT

Strategy: Dynamic dual at CAAT

After posting strong returns in the mid-2000s following the tech bubble, the Colleges of Applied Arts and Technology (CAAT) Pension Plan was hit hard in…

  • By: Leigh Doyle
  • March 1, 2013 September 13, 2019
  • 07:11