Plan sponsors and plan members have diverging opinions on where benefits dollars are best spent, according to the 2021 Benefits Canada Healthcare Survey. The survey found that plan sponsors and members are less aligned on the value of many benefits than they were a year ago. Indeed, at the start of the coronavirus pandemic last year, […]
With asset deterioration due to drops in equity markets and a decrease in long-term government bond yields causing an increase in solvency liabilities, pension funds are in a tough position. A Canadian defined benefit solvency funding calculation assumes some plan members will elect to take a commuted-value lump sum, while other members will elect to […]