Sun Life converts first annuity buy-in
Sun Life Financial has completed the first conversion of an annuity buy-in to an annuity buyout in Canada, according to a news release from the…
- By: Staff
- November 29, 2012 September 13, 2019
- 09:04
Sun Life Financial has completed the first conversion of an annuity buy-in to an annuity buyout in Canada, according to a news release from the…
The Ontario Teachers’ Pension Plan (Teachers’) is acquiring U.S.-based Plano Molding Company, Inc., a supplier of outdoor sports storage systems.
Like many people who work in pensions, Elaine Noel-Bentley certainly didn’t expect to end up in the industry. “Nine-year-olds don’t say, ‘I’m going to be…
Canadian pension plan sponsors are increasingly focused on finding new ways to mitigate the employer risk inherent in DB plans, while also being mindful that…
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Target date products (funds or automated portfolios) automatically reduce the exposure to equity and other risky assets of a DC member’s invested savings as he/she…
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Getting players in the Canadian Football League (CFL) to focus on planning for their retirement while they work on passing yards or tackles is a…
My parents came from a small town in Italy near Monte Cassino. Apart from a famous battle there in World War II, the town is…
Can the U.S. avoid going over the fiscal cliff? Not a chance. That was the conclusion of J. Bradford DeLong, professor of economics at the…
Illinois voters who cast ballots during Tuesday’s U.S. election rejected a proposed amendment to the state’s constitution meant to curb growing public pension funding challenges.
Everybody likes money, and everyone likes a good story. This should be welcome news, considering the alarming level of financial ignorance among DC plan members…
With more than 80% of Canadian plan sponsors currently offering a DC option in their employer-sponsored pension plans, the shift to DC is firmly entrenched.…
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While the percentage of plan members who describe their personal financial situation as significantly or somewhat better than last year decreased from 42 per cent…
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In its 2026 budget on Thursday, the Ontario government proposed doubling the pension benefits guarantee fund’s monthly guarantee limit from $1,500 to $3,000 for all…
The bankruptcy of the Hudson Bay Co. and subsequent loss of promised supplemental employee/executive retirement plan benefits to executives has caused many to rethink the…
Derek Dobson, chief executive officer and plan manager at the Colleges of Applied Arts and Technology’s pension plan, is departing the organization following a formal…
Bell Canada’s defined benefit and defined contribution pension plans are both overseen by the same pension committee. The meeting cadences differ, but the committee leans…
Employers can reinforce the value of their workplace retirement plans by communicating to plan members about the importance of having money later versus money now,…
The Financial Services Regulatory Authority of Ontario is marking its fourth annual Pension Awareness Day today by encouraging employees to understand their employer-sponsored retirement plan…
Amazon Canada’s commitment to unique financial wellness offerings led to a win at Benefits Canada‘s 2024 Workplace Benefits Awards on Oct. 18. The technology company was…
Admiral Insurance’s award-winning benefits program is demonstrating how employers can use versatility to strike a fine balance between finding innovative solutions and maintaining plan sustainability. The…
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…