De-risking in 2017

Posted on January 16th, 2017 by Actuarial Solutions

By Joe Nunes The last decade has seen much written and discussed about de-risking and in fact as I look back I started seeing this discussion emerge twenty years ago. The 1990s was a period of good investment performance but also a time of declining interest rates.  At that time leading actuaries and investment advisors […]

It’s January 3, 2017 – let’s start the year off with some good news

Posted on January 3rd, 2017 by Actuarial Solutions

By Dean Newell With 2016 now in the past, it is time for pension plan sponsors to take stock and plan for 2017. Solvency position at December 31, 2016 – and implications on the funding requirements for 2017 Let’s start with the good news.  Canadian equity markets had an excellent year with TSX Composite Index […]

Precarious Employment & Lower for Longer

Posted on December 12th, 2016 by Actuarial Solutions

By Joe Nunes In Niagara Falls on October 22, 2016, Bill Morneau, Canada’s Finance Minister, advised young Canadians to get used to “job churn”. Mr. Morneau expects high job turnover and short-term contract work will continue in young people’s lives and the government has to focus on preparing for it. This speech has been referred […]

Taking responsibility – Saving for retirement in a DC world

Posted on December 1st, 2016 by Actuarial Solutions

    By Joe Nunes I have been so busy writing about government fantasies that I have fallen behind on writing about the pension arrangements that now cover most private sector workers these days – the much maligned ‘capital accumulation plan’ also known as the ‘defined contribution plan’ or the ‘we wish you the best […]

Public Public Partnerships

Posted on November 15th, 2016 by Actuarial Solutions

    By Joe Nunes When I was a kid, governments built roads and power plants to meet the needs of our citizens and these long-term investments were paid for by the perceived beneficiaries – sometimes directly through taxes and sometimes indirectly through service charges (electricity bills).  We were respectively called taxpayers and ratepayers as […]