Solvency funding inches up, plans no further ahead
Solvency funding for DB pension plans is up slightly, mainly due to strong equity returns in the third quarter, according to a new survey from…
- By: Staff
- October 2, 2012 September 13, 2019
- 11:39
Solvency funding for DB pension plans is up slightly, mainly due to strong equity returns in the third quarter, according to a new survey from…
With funding risk in a DB pension plan borne by the employer, DB plan sponsors have little need or incentive to engage members—beyond annual statements—until…
A low-risk approach to DC plan investing could help keep some young employees enrolled in the company pension plan, especially while markets are volatile.
A common concern among DB plan sponsors these days is the sustainability of their pension plan. This question typically translates into whether or not the…
The National Football League Referee Association (NFLRA) is at odds with the league over salary, retirement benefits and other logistical issues.
B plans across the country have faced significant issues in recent years, including low interest rates, changing demographics (such as longer life expectancy and an…
New survey results suggest employees are starting to recognize the value of an employer-sponsored pension plan, with more workers saying they’d sacrifice a portion of…
The benefits and pension industry isn’t one of major change. While there are small, incremental changes to products, delivery and best practices, this industry isn’t…
Canadian employers are skeptical of their employees’ understanding of their company-sponsored capital accumulation plan (CAP) and/or supplementary retirement plans (SERP), a new study from Buck…
Every day, almost 1,200 people turn 65 in Canada. That means that more than 400,000 Canadians, on average, will reach retirement age every year between…
The federal government has created the pooled registered pension plan (PRPP) in the hopes that provinces would each adopt a bill creating a similar product…
The days of golf and gardening seem to be passé for the new age of retirees. Working in retirement, or “phased retirement,” as it’s been…
New data released today by Statistics Canada indicate that the market value of employer-sponsored pension funds totalled $1.1 trillion at the end of the first quarter…
Canadian plan members reported a significant drop in the amount they believe they need to retire — from roughly $1.4 million in 2023, 2024 and…
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…
Methodology improvements are pushing the life expectancy of Canadian retirees and surviving spouses by roughly one year to age 65 as of Jan. 1, 2024,…
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…