Value of pensions plans drop in 4thQ 2008 following six consecutive quarters of gains
Pensions and Retirement Security
Nearly 30 percent of Canadians nearing retirement are less than confident their retirement savings will suffice to maintain their standard of living, according to data from Statistics Canada.
Toronto (10 September 2008) – The data released yesterday found that 19 percent of respondents aged 45 to 59 are expecting their retirement income will be "barely adequate." Another nine per cent expect it to be "inadequate" or "very inadequate."
The case, Elaine Nolan, et al. v. Kerry (Canada) Inc. et al., will be watched closely by unions and employers alike
A new research studyfinds that a standardized international policy on fee disclosure would help pension plan members become better informed consumers of DC plans
OPSEU seeks input from members and retirees on how the surplus in the pension plan should be allocated
The consideration of environmental, social, and governance (ESG) issues into institutional investment will be major trend over the next five years
Toronto (11 August 2008) -The consideration of environmental, social, and governance (ESG) issues into institutional investment will be one of six major macro trends over the next five years, due to sustainable performance influences and desirability, says a study by Watson Wyatt.
Its ‘Defining Moments’ report says the growth of ESG investing would be predicated on four major trends:
SHARE report sheds light on how mutual funds exercise their powerful voting rights to maintain the status quo in corporate Canada
More than $900 million loss in investments rocked by the U.S. credit crisis
Union presents brief to Nova Scotia Pension Review Panel calling for greater control over employers
Regulations to allow the use of letters of credit to secure pension fund solvency deficiencies