investment risk – Benefits Canada.com

FSRA issuing guidance on pension plan administrator responsibilities

bwolfe — Fri, 30 Jul 2021 13:00:38 +0000

The Financial Services Regulatory Authority of Ontario is releasing final interpretation guidance to support the role and responsibilities of pension plan administrators. The guidance, an updated and consolidated version of four previous documents, said the administrator’s role includes responsibility for implementing processes to ensure pension plan risks — such as investment, funding, operational and legal — […]

The post FSRA issuing guidance on pension plan administrator responsibilities appeared first on Benefits Canada.com.

Head to head: Should plan sponsors buy annuities via insurers or go DIY?

bwolfe — Fri, 14 May 2021 12:59:54 +0000

Two experts weigh in on the merits and drawbacks of taking the traditional annuities route versus opting for the newer do-it-yourself option. Marco Dickner, retirement risk management leader for Willis Towers Watson in Canada Although annuity purchases have become an important pension risk management option over the last decade, a countertrend is emerging for plan […]

The post Head to head: Should plan sponsors buy annuities via insurers or go DIY? appeared first on Benefits Canada.com.

North American envelope maker purchasing $46 million group annuity buy-in

mschmit — Wed, 15 Jan 2020 05:18:54 +0000

North American envelope marker and marketer, Supremex Inc., is purchasing a $46 million group annuity buy-in with RBC Life Insurance Co. The deal covers 361 defined benefit plan pensioners, beneficiaries and deferred vested members. It comes on the heels of an almost $7 million transaction made in June 2018 for a smaller group of members […]

The post North American envelope maker purchasing $46 million group annuity buy-in appeared first on Benefits Canada.com.