Buying annuities for defined benefit plans: Why not?

Nov 1, 2012

Defined benefit pension plans are currently looking for solutions to manage their risk. Oddly, buying annuities is seldom included in the strategies contemplated for this purpose.

Group benefit changes effective January 1, 2013

Nov 1, 2012

As the New Year approaches, it is a prudent time to reiterate two changes announced earlier in 2012 that may impact group benefit programs and will take effect January 1, 2013.

Who determines the assumptions for pension plans?

Nov 1, 2012

How pension plans are valued impacts a plan sponsor’s cash contributions to the plan and the amount of pension expense reported in its financial statements.

Alberta introduces new pension act

Nov 1, 2012

The Alberta government has introduced Bill 10, the Employment Pension Plans Act, to replace its current pension legislation. Bill 10 closely follows British Columbia’s Bill 38, which was passed in June. Please see our News & Views article from...

As at October 31, 2012 - Tracking the funded status of pension plans

Nov 1, 2012

This graph shows the changes in the financial position of a typical defined benefit plan since December 31, 2007.

Changes to Federal Government Pensions

Oct 26, 2012

On Thursday, October 18, 2012, the federal government introduced an omnibus budget legislation known as Bill C-45.

30,000 Feet - Third quarter, 2012

Oct 8, 2012

The Biggest Stories of The Quarter With Significant Ongoing Impact

Alberta provides temporary solvency funding relief

Oct 1, 2012

Alberta has enacted regulations to provide temporary solvency funding relief. The regulations, which were adopted on September 19, 2012, apply to defined benefit pension plans registered in Alberta other than specified multi-employer pension plans.

As at September 30, 2012 - Tracking the funded status of pension plans

Oct 1, 2012

This graph shows the changes in the financial position of a typical defined benefit plan since December 31, 2007.

Annuities—should you take another look?

Oct 1, 2012

At retirement, people can transfer their RRSP balance to a RRIF or they can buy an annuity.