News
When You Will Die …
Well, the problem has been solved. Canadian Business has a calculator that tells you how old you will be when you die. They ask things like height, weight, parents with heart disease, etc. For me, the answer was 79.6 years. I didn't like that result, so I reduced my...
Will Sears Fall Short of Pension Obligations?
Here is an amazing story. First, Sears Canada closed on January 14, 2018 after sixty-five years of operations in Canada. 14,140 employees lost their jobs at Sears over the past year, and hundreds of retail locations were shut down. This of course represents a dramatic...
Nigerian Pension Reform Success Story
In 2005, Penad had a small part to play in the major pension reform announced in Nigeria in 2003. The Nigerian government set up a national contributory pension scheme to ensure that all Nigerians had the opportunity to save for retirement and build pension accounts....
Would You Rather Own 31% of a Success or 81% of a Flop? Bombardier’s Story
Donald Trump promised to put American workers and companies first, but now it appears he has created a monster new competitor for one of America's leading firms -- Boeing. It was announced today that Canada's Bombardier and Europe's Airbus (both Boeing competitors)...
Expanded Canada Pension Plan Benefits Who, Exactly?
Robert Brown, a fellow with the Canadian Institute of Actuaries, wonders in this post (see link below) how the recent expansion to the Canada Pension Plan will impact various levels of beneficiaries. One would expect, based on the press and government messaging at the...
CPBI Workshop: Plan Sponsor View on the Future of Employee Benefits
The following notes were taken at Forum 2017, the annual convention of CPBI (Canadian Pension and Benefits Institute) held June 5-7 at the Delta Hotel in Winnipeg with the theme: “Thriving In a Climate of Change”. Panel: Glen Anderson (Staff Officer Benefits, Manitoba...
CPBI Workshop: Pension Governance
The following notes were taken at Forum 2017, the annual convention of CPBI (Canadian Pension and Benefits Institute) held June 5-7 at the Delta Hotel in Winnipeg with the theme: “Thriving In a Climate of Change”. Presenter: Zaheed Jiwani, Senior Consultant, Eckler...
CPBI Workshop: Pension Regulator Panel Discussion
The following notes were taken at Forum 2017, the annual convention of CPBI (Canadian Pension and Benefits Institute) held June 5-7 at the Delta Hotel in Winnipeg with the theme: “Thriving In a Climate of Change”. Panel: Paul Owens (Deputy Superintendent of Pensions,...
CPBI Workshop: How and Why to Take Care of Your Employees’ Sleep
The following notes were taken at Forum 2017, the annual convention of CPBI (Canadian Pension and Benefits Institute) held June 5-7 at the Delta Hotel in Winnipeg with the theme: “Thriving In a Climate of Change”. Presenters: Josee Dixon, Desjardins / Bradley Smith,...