Quick word association game: Denmark. What’s the first thing that comes to mind? Pastries? LEGO? Beer? Now, add pensions to the list. Denmark apparently has the world’s best pension system.
Various recent surveys of DC plan members reveal that they feel confused and ill-prepared when it comes to retirement income. They usually don’t have a retirement goal and don’t know how much they should be saving. Plan sponsors have a key role to play in changing this situation and helping members to retire comfortably.
In a shifting CAP landscape, what’s the impact of industry consolidation on plan sponsors?
Last year was a dream come true for pension funds, and 2014 may be another good year.
The solvency health of Canadian pension plans continued to improve sharply in the fourth quarter of 2013 due to strong equity returns and rising long-term interest rates.
As another year comes to a close, we take a look back on what benefits-related stories you found the most interesting.
This is the second of two parts. Part 1 was published on Wednesday. Canada Post’s recent dramatic decision to cut back some of its services to stay profitable put a spotlight on the challenges faced by businesses with a significantly underfunded pension plan. The timing couldn’t have been better for the panel discussion at Benefits […]
Although investors, corporations and fund managers agree that short-term investment behaviour does have a negative impact on the way companies make key decisions, there is little support for the introduction of loyalty rewards, such as loyalty dividends, warrants or additional voting rights.
As DB pension plans approach higher funding levels—with funded ratios jumped from 82% to 94% in the first half of this year, per the Mercer Pension Health Index—sponsors are turning their attention to de-risking their portfolios.
As the interest in target benefit plans grows, a new guide by Aon Hewitt says Canada’s pension industry needs to examine the range of choices available for plan governance.