2014 CAP Suppliers Report: Sea change
In a shifting CAP landscape, what’s the impact of industry consolidation on plan sponsors?
- By: Tony Palermo
- January 20, 2014 September 13, 2019
- 07:00
In a shifting CAP landscape, what’s the impact of industry consolidation on plan sponsors?
Principal Financial Group has introduced a new quick enrollment method that lets American employees to sign up to save for retirement in their DC plan…
An increasing correlation between different equity markets, coupled with the forecast for lower returns, have DB pension plan sponsors seeking other ways to diversify their…
A new study prepared by an independent, professional actuary shows that Alberta's largest public sector pension plans are healthy and well on the way to…
Since 2006, changes in markets and interest rates have led to a drop in the average capital accumulation plan (CAP) member’s replacement income ratio—to 62%,…
Despite a bullish outlook on the market, American DC plan participants are becoming increasingly conservative, with a preference for fixed income without a solid understanding…
Pension reform in New Brunswick can be traced to two highly publicized pension plan failures, which reduced incomes substantially below the level promised by the…
For sponsors concerned about the affordability and sustainability of DB plans, a target benefit plan might just hit the spot
Last year was a dream come true for pension funds, and 2014 may be another good year.
The largest corporate DB plans in the United States had a strong 2013, and it's possible that they could reach fully funded status by the…
Members of Boeing's machinists union have accepted a new contract that includes freezing the DB plan and the introduction of a DC plan.
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…
A revised agreement on social security between Canada and Norway came into force at the beginning of the year.
More than £50 billion in U.K. pension benefits were at risk of being misplaced in abandoned accounts or scattered across multiple lost pots in 2023,…
Employees of Candu Energy Inc., Canadian Nuclear Laboratories and Global First Power are joining the Colleges of Applied Arts and Technology’s DBplus pension plan. Unionized…
Clear and flexible regulations that reflect the nature and diversity of target-benefit plans would allow these plans to thrive, according to a new report from…
In its 2024 budget on Tuesday, the Ontario government reiterated its support for a provincial infrastructure bank to leverage public sector pension investments. The bank,…
Ford of Canada’s recent transfer of $923 million in pension liabilities to Desjardins Group, RBC Insurance and Sun Life Assurance Co. of Canada augurs well…
The Financial Services Regulatory Authority of Ontario is appointing Andrew Fung as executive vice-president of pensions, effective March 11, 2024. Fung first joined the Financial…
The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the…
The University Pension Plan is launching a new web portal to prioritize plan member engagement throughout the year. “Transparency is an important value to our…
Retirement benefits paid out by the Ontario Municipal Employees Retirement System accounted for 9.3 per cent of retirement income in Ontario in 2023, according to…
As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says…
Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…
Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…