The decision to favour contributors to Italy’s defined benefit pension plan during its transition to a defined contribution model favours early retirees and disadvantages younger people, according to an article in the Journal of Pension Economics and Finance. In 1995, Italy’s public pension plan, which operates in a similar manner to the Canada Pension Plan, […]
The federal election is top of mind for many these days, so it’s no surprise Benefits Canada‘s most-read story over the past seven days was about the possible impact the election could have on the human resources, benefits and pension industries. Here’s the five most popular news stories of the week: 1. How will federal election […]
The solvency status of Canada’s defined benefit pension plans dipped for the first time this year in July, according to a new report by Lifeworks Inc. The monthly pension indices report found the average Canadian DB pension plan saw its solvency ratio dip to 108.7, down 0.6 from the previous month. This is the first […]
While the typical balanced fund is becoming a rarity among pension plans, a segment of plan sponsors continue to utilize these funds — albeit with added diversification. Traditionally, such funds have invested 60 per cent in equities and 40 per cent in bonds. But with investment options for pension plans expanding over the last 20 […]