A tale of two pension plans’ liabilities
Two American companies have announced they would sell major media properties over the last few days, yet the fate of the pension liabilities are different.
- By: Staff
- August 7, 2013 September 13, 2019
- 09:38
Two American companies have announced they would sell major media properties over the last few days, yet the fate of the pension liabilities are different.
New figures confirm that life expectancy in Canada has increased—a trend that, in the eyes of experts, poses a threat for the sponsors of both…
The second quarter of 2013 brought modest gains for public pension funds in the United States while delivering losses to corporate pension plans, according to…
OMERS Ventures, the venture capital investment arm of the OMERS pension plan, is hiring Haroon F. Mirza for the newly created role of entrepreneur in…
If you haven’t told your plan members about Carrigan v. Carrigan Estate, you’re not alone. Not only did the original decision catch the industry off-guard,…
In the first quarter of 2013, DC plan members in the United States maintained the same contribution rate observed in the first quarter of 2012,…
The vast majority of America’s future retirees participating in DC plans believe that a guaranteed monthly income is absolutely essential, but many fear they haven’t…
The Ontario Public Service Employees Union (OPSEU) is seeking pension trustee candidates for the OPSEU Pension Trust. The appointments are effective October 1, and applications…
Among the touted benefits of auto-enrollment features in a capital accumulation plan (CAP) is the assumption—and hope (fingers crossed)—that plan members who contribute to their…
Saving for retirement means taking a lesson from the airlines As August draws to a close—the summer road trips and European vacations over—parents will be…
To help their plan members prepare for retirement, DC plan sponsors need to complete the accumulation-to-de-accumulation cycle Retirement security for Canadians is clearly one of…
Last year, S&P 500 companies posted record shortfalls in their pensions and other post-employment benefits, threatening to leave America’s future retirees empty-handed.
As longevity increases and workplace pension plans decline, an alarming number of Canadians believe they are better equipped for a long retirement than they actually…
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…