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.
On Sept. 10, 2001, I was enjoying a round of golf near Uxbridge, Ont., with prospective clients from Scandinavia. We had a wonderful day getting to know them before our big presentation.
Last week in Toronto, Mercer projected an average salary increase of 3.2% for 2013. This number was based on the firm’s 2012/13 Compensation Planning Survey, which came out earlier this year.
Many Canadian employers that weathered the economic downturn have surfaced with a more cautious attitude. They are often more cost-conscious and risk-averse.
Probably the most significant change in the DC landscape over the past five years is the realization that, instead of solely focusing on educating DC plan members to become wise investors, plan sponsors need to consider how best to deal with the significant percentage of members who have at least one of the following traits:
Results from Morneau Shepell's 30th annual Compensation – Trends and Projections survey released today suggest that Canadian employers expect salaries to rise in 2013 by an average of 2.6%. This projection is slightly lower than that forecasted by Mercer in its compensation survey, which were reported yesterday.
A new study has found that those living in the western provinces are going to make out better in the pay department next year. But those in the oil and gas industry will get the biggest chunk of the pie, no matter where they live.
Employers in the troubled eurozone need to take preventative action to help protect the investments of their pension plan members, according to a new release from Mercer.
The number of global nomads—employees who move from country to country on multiple assignments—and long-term expatriates has risen, and, according to recent research from Mercer, it’s creating a problem for employers that offer expat retirement programs.
Across the globe, captains of industry are confronted with a mixed bag of challenges. On the front lines and fault lines, central banks in major economies are on standby to stabilize financial markets, the U.S. economy suffers from a tepid recovery, and new concerns are emerging about the sustainability of growth in emerging economies.