An actuary will say we can retire when we have saved enough.
On May 31, New Brunswick introduced Bill 63, An Act to Amend the Pension Benefits Act, which establishes an optional new program structure available to pension plans registered in New Brunswick.
The British Columbia government has introduced Bill 38, a new Pension Benefits Standards Act (the “Act”), to replace its current pension legislation. The new Act provides private-sector employers with more design options, such as target benefit...
The 2012 Federal Budget has proposed amendments which will have an impact on some employee benefits plans.
On April 30, 2012, the Ontario government released draft regulations that would implement some of the amendments to the Pension Benefits Act (PBA) found in Bills 120 and 236.
A pension fund administrator may want to acquire life annuities from an insurance company for a variety of reasons. These annuities may serve to reduce market risk, interest risk or even longevity risk.
This graph shows the changes in the financial position of a typical defined benefit plan since December 31, 2007.
Every year, companies must establish an expense for their defined benefit pension plans.
ONE IN FIVE. According to Health Canada, that’s the number of Canadians who will directly experience mental illness in their lifetime. That means someone close to you may need an ear to listen, or a shoulder to lean on.
Recognizing the risk factors for mental illness needs to be addressed on several levels.