Economic growth, improved business investment and increased employment are all vital factors if Canada's pension plans are to remain viable, according to a study.
Manitoba Telecom Services (MTS) is selling nearly nine million shares of its stock to help fulfill future pension funding obligations.
This past summer, the employer members of OMERS proposed cutting the basic pension formula from 2% of final average pay (on earnings over the year’s maximum pensionable earnings) down to 1.85%. This seems like a fairly modest reduction in percentage terms, but it would have been represented as one of the most significant events in many years within the pension industry. While OMERS ultimately dropped the idea, for now anyway, the idea may be far from dead.
The Office of the Superintendent of Financial Institutions (OSFI) has increased the number of federally regulated pension plans on its watch list.
Resilient global equity markets helped lift Canadian pension plans back into positive territory during the third quarter, finds a survey from RBC Investor & Treasury Services.
The funding ratio of the typical DB pension plan in the United States increased again during the third quarter of this year.
Two different reports show that Canada’s DB plans are continuing to show signs of improvement as a result of stronger equity markets and higher long-term interest rates.
Pension plans are protecting themselves from market ups and downs by matching assets to liabilities
Longevity risks affect all plan sponsors, healthcare costs set to rise, market value of pension funds rises, Alberta proposes cuts to public sector pensions, This month in Numbers and Market Watch.
America’s 100 biggest public employee pension plans saw a record increase in the value of their assets during the second quarter of this year—but benefits and withdrawals rose, too, according to new figures from the U.S. Census Bureau.