Diversified pooled fund managers had a performance similar to the benchmark during the second quarter.
Diversified pooled fund managers posted a median return of 2.9 per cent before management fees, says Morneau Shepell’s ‘Performance Universe of Pension Managers' Pooled Funds’ for the second quarter of 2014...
Diversified pooled fund managers posted a positive median return of 2.9% (before management fees) for the second quarter of 2014.
The Government of Canada announced on February 5, 2014, that Canada and the United States signed an intergovernmental agreement (IGA) related to FATCA.
The evolution of the financial situation of pension plans since December 31, 2013
Following the recent re-election of Ontario’s Premier Kathleen Wynne, she reaffirmed her commitment to the previously announced Ontario Retirement Pension Plan (ORPP) and appointed Mitzie Hunter as Associate Minister of Finance for the ORPP.
Every year, companies must establish an expense for their defined benefit pension plans.
Recently, Morneau Shepell issued its 14th annual survey on the economic assumptions used by Canadian public companies to account for the costs of their defined benefit plans.
The pension landscape needs innovative ideas. Pension coverage and adequacy are tough issues facing Canadians, and the current defined-benefit and defined-contribution models do not fully fit the bill.
The Federal Government has released a consultation document that outlines four goals geared at improving the financial literacy of seniors, and those approaching that stage in life.