Pension plan sponsors that have opted to take advantage of provincial or federal funding relief measures face strict disclosure requirements. For many organizations, complying with these requirements means holding their nose and having their actuary prepare the briefest-possible member notification. But sending members a cryptic, official-looking document loaded down with actuarial terminology is counter-productive at […]
It has been just over a year since equity markets took a sharp turn downward, one of the many casualties of the global economic crisis. Defined benefit (DB) pension plan sponsors are hoping—and in some cases praying—for recovery from the single most damaging financial punch that has ever struck pension plans. The pension bruise is […]
Over the past several months, news headlines have been filled with the troubles pension funds have found themselves in. Indeed, there are a multitude of issues pension funds have had to deal with, including lack of asset liquidity, poor equity returns, low bond yields and longer life spans. While many articles have appeared on the […]
Do investors really know the risks associated with their chosen investments? For many of them, the answer may be no, according to Craig Asche, director of the Chartered Alternative Investment Analyst Association (CAIA). Asche, who heads up the Massachusetts-based association that accredits the CAIA designation, was in Toronto last week to meet with key stakeholders […]