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The Financial Services Regulatory Authority of Ontario is providing employers with the option to defer contributions to certain defined benefit pension plans to help with their organization’s cash flow during the coronavirus pandemic while providing safeguards for funding plan member benefits. Eligible private sector employers will be able to defer up to six months of […]

  • By: Staff
  • September 23, 2020 December 6, 2020
  • 07:53
21393506-123RF

U.S. public pension funds can expect to see hurdles from the coronavirus crisis similar to those experienced in past recessions, according to a new report by Cerulli Associates. In the past two recessions, public plans saw a decrease in their funded statuses. “According to survey data gathered form the National Association of State Retirement Administrators, […]

  • By: Staff
  • August 10, 2020 December 6, 2020
  • 08:04
34937954

The coronavirus crisis is putting new stresses on businesses as they grapple with cash flow and business continuity, but even amid such uncertainty, some employers are still looking to join defined benefit plans. The Colleges of Applied Arts and Technology pension plan is continuing to see interest in its DBplus offering, with the coronavirus crisis […]