Key inflection points in history are seldom appreciated for what they are until considerable time has passed.
Diversified pooled fund managers posted a median return of 0.1 per cent before management fees in the second quarter of 2013, says Morneau Shepell’s ‘Performance Universe of Pension Managers’ Pooled Funds’ for the second quarter of 2013.
Five years after trillions of dollars went up in smoke in the global financial meltdown, money managers are still scratching their heads at the swiftness and extent of the carnage.
An offer and counter-offer have been made in the health plan dispute between the Carleton graduate and undergraduate students’ associations.
Modest Pension Fund Returns
A Sun Life Financial Canada poll in 2012 among those 30 to 65, found just 27% expect to be fully retired at 66. The percentage was down from 51% in 2008.
Setting your savings target is one of the most important yet least understood questions in retirement planning.
Hazel Claxton is executive vice-president and chief human resources officer at Morneau Shepell Inc.
Aveos retirees will not be required to purchase an immediate life annuity from an insurer following the wind-up of the retirement plan, says a Morneau Shepell ‘News & Views.
Few companies have a funding strategy to address the impact of future costs