Blog

February 11, 2019

Discount Rates – What is all the fuss about?

In recent months two interesting research papers were issued.  The first, published by the Fraser Institute and authored by Malcolm Hamilton and Phillip Cross is Risk […]
January 29, 2019

Pension Commuted Values Revisited

It seems that actuaries like nothing more than debating exactly how to calculate a commuted value for a member of a defined benefit (DB) pension plan […]
January 4, 2019

Ringing in the New Year in 2019

Being early January 2019, it is the time of year when many plan sponsors pay closer attention to the funded status of their plans and start […]
December 4, 2018

AMPing up the Pain

Back in May 2017, I wrote about some Scary New Powers for the Superintendent where at the end I asked for guidance from FSCO on how […]
November 26, 2018

OCIO – New Idea or Not

CRA, FSCO, PBGF, LCBO….we love our acronyms in the pension industry.  Here is a new one – OCIO – which stands for Outsourced Chief Investment Officer.  […]
October 10, 2018

DB – Time for the Comeback

  It’s official, DB is coming back! I wasn’t sure about this until last week when revered actuary Fred Vettese declared not only were private sector […]
September 17, 2018

The Individual Pension Plan – Part III – Getting Out

Most sponsors of Individual Pension Plans (IPPs) are sold a product intended to achieve one or more goals, such as targeting a certain retirement income, rewarding […]
August 27, 2018

CAAT DBplus – A Step in the Right Direction

There is an interesting development in the Canadian pension landscape that has the potential to be a real game changer.  Earlier this year, the CAAT Pension […]
July 19, 2018

New Research on CPP Enhancements

A recently released research paper by Bonnie-Jeanne MacDonald, “New CPP Enhancements: What do they mean for Canadian workers and seniors?” models how enhanced CPP (i.e. CPP2) […]
June 29, 2018

School’s Out!

Last week was the end of high school for our family.  Hopefully the kids and their friends are on to bigger and better things.  Last week […]
June 19, 2018

Discharge Upon Annuity Purchase

On July 1, 2018, Section 43.1 of the Ontario Pension Benefits Act comes into effect, providing Administrators’ of single-employer defined benefit pension plans with the ability […]
May 29, 2018

Fixing the Pension Benefits Guarantee Fund

The Pension Benefits Guarantee Fund is a program run by Ontario to protect pension benefits for Ontario workers where the plan sponsor becomes insolvent and becomes […]