Less than a month after retiring from his post as finance minister, Jim Flaherty has passed away.
In an era of evolving workplace demographics and escalating healthcare costs, integrated wellness is the way forward
The Office of the Superintendent of Financial Institutions, has issued a licence to Great-West Life through its subsidiary, London Life, to administer pooled registered pension plans.
The tidal wave of Canadians nearing retirement is a well-known trend. According to Statistics Canada, by 2036, Canadians age 65 and over will comprise more than one-quarter of the population. Their biggest concern is the combination of creating a sufficient income stream and managing their health in retirement. Many of these future retirees expect their DC plans to play a significant role in their retirement, so plan sponsors are increasingly facing the challenge of identifying how they will manage and meet these expectations.
Some of Canada's largest insurance companies reported stronger 2013 financial results. Here's an overview.
Here's a review of people on the move this month.
In a shifting CAP landscape, what’s the impact of industry consolidation on plan sponsors?
Younger Canadians feel that they are not getting ahead financially, and they shouldn't count on an inheritance, according to the Manulife Financial's latest Investor Sentiment Index.
Julie Holden has assumed the role of absence and disability management leader, health and productivity, at Buck Consultants.
If you are a DB pension plan sponsor, your plan is likely invested in a traditional balanced fund structure. A mix of 60% public equities and 40% core fixed income has long been the recipe for achieving the required rate of return plan sponsors need to cover their benefit obligations. However, the current low-growth, low-yield environment is making it increasingly difficult to hit the mark, and this type of strategy completely ignores a plan’s unique liability profile.