The Office of the Superintendent of Financial Institutions (OSFI) has issued Manulife Financial a license to administer federal Pooled Registered Pension Plans (PRPPs).
Canada’s pension system receives a lot of criticism, but things here are better than they are south of the border. The Canadian system—as well as the Australian and Dutch ones—outshines the American one, new research reveals.
Pension assets remained unchanged during the second quarter of 2013, as a spike in interest rates in June negated advances in April and May.
Long before he was known as the Oracle of Omaha, Warren Buffett demonstrated the prescience that would eventually make him famous.
Goldman Sachs Group announced yesterday it will likely sell a majority stake in its European insurance unit over the next year, reports The Wall Street Journal. WSJ adds the pension-focused business is called Rothesay Life and finds it had $9.66 billion in assets as of June 2013. Read more. Also check out: Advisor worked at […]
Disillusioned with active management, more and more plan sponsors are running the other way.
Ioulia Tretiakova and Advisor.ca columnist Mark Yamada have designed an investment approach that seeks to resolve the tradeoff between two retiree goals: payment certainty and liquidity.
There’s trouble brewing in the defined benefit pension space.
The pension industry has struggled over the past few years.
Pensions legislation is failing in Canada.