Your Search Returned 17 tagged news reports
Focusing only on a single, quasi-public approach could have the effect of inhibiting the development of a new private sector savings and retirement products targeted to different phases of an individual's lifecycle," the report said. Some provinces,...
Tags: pensions plans, retirement saving, Canada Pension Plan, saving options, Canada, Ottawa, Registered Retirement Savings Plan, Tax-Free Savings Account, Social Issues, Taxation in Canada, Business Finance, Personal Accounts, Labor, Retirement Compensation Arrangements, Retirement, Pension
RBC Dexia released a poll Monday revealing that the majority of Canadian plan sponsors are pessimistic about the future of their pension plans. According to their survey, 89 per cent of defined-benefit plan sponsors are concerned that the pension system...
Tags: pensions plans, Canada, Keith Ambachtsheer, plans sponsors, RBC Dexia, pensions systems, Toronto, Personal finance, Investment, Pension, Canada Pension Plan, Employment compensation, Retirement, Financial services, Labor, Social Issues
Minister of Finance Jim Flaherty smiles as he waits to appear before the Finance Committee in Ottawa Oct. 27, 2009. Facing mounting concern about the state of public pensions, Finance Minister Jim Flaherty Tuesday proposed reforms to pension plans at...
Tags: Jim Flaherty, pensions plans
Finance Minister Jim Flaherty introduced new rules for public pensions on Tuesday, aimed at putting plans at Crown corporations and other firms on more solid ground. Finance Minister Jim Flaherty. (CBC) "We understand the value of secure and sustainable...
Tags: Jim Flaherty, finance minister, minister jim, pensions plans, pensions reforms, Ottawa, Bank of Canada, public pensions, regulators pensions, natural gas
Wealth, stated that she is not surprised by statistics released by Barings Asset Management this week, which indicated that 48 per cent of UK workers have never reviewed their pension plan. She noted that many pension schemes do not even have an annual...
Tags: pensions plans, United Kingdom, London
The fight is over...Monday, Delphi Corp. signed over the pension plans of its 70,000 salaried and hourly pension to the Pension Benefit Guaranty Corp...On July 30, after almost four years in a Chapter 11 bankruptcy, Delphi won a federal court’s approval...
If left unchecked, the exorbitant cost of Ventura County's pension fund could threaten the county's ability to pay for basic programs and services, a grand jury report said. "What I see in our current pensions, there's no question that we've seen a tremendous...
Tags: pensions plans
The carmaker has until the end of this week to release its restructuring plan. Members of Canadian Auto Workers voted 86 per cent in favour of the agreement. The voting took place for two days in four cities in the province of Ontario. Union leaders say...
Tags: General Motors Canada, Tony Clement, Canadian Auto Workers, Ontario, CAW, pensions plans, Ottawa, voting overwhelmingly
After retirees and others complained about a potential tax headache ahead, the IRS announced this morning it is changing the rules for tax withholding on pension plans. Americans are getting more money in their paychecks and pension payments thanks to...
Tags: The IRS, pensions plans, tax credit
14 AM EST Plunging stock markets left the solvency of Canadian pension plans at historical lows last year, and they're in for more challenges in 2009. The ratio of the market value of a typical pension plan's assets compared with its solvency liabilities,...
Tags: pensions plans, Canadian