RBC Investor Services (RBCIS) recently released a report detailing the performance of defined benefit (DB) pension plans for the second quarter of 2024. The report reveals a positive median return of 1.1 percent, despite a highly unpredictable market. Furthermore, a cumulative return of 4.4 percent
August 1, 2024The contemporary workplace demands strategic human resource (HR) practices that balance operational necessity with employee wellbeing. As organizations grapple with the challenges of talent management, workforce satisfaction, and equitable compensation, the role of retirement benefits and their
June 17, 2024The Alberta government's reluctance to publish data from a public survey on a potential Alberta-specific pension plan has sparked concerns and heated debates. The situation shines a light on the tug-of-war between the public's right to obtain information and the government's practice
May 1, 2024Balancing Stakeholder Interests and Financial Prudence Pension Increase Versus Economic Constraints BP has faced a challenging decision concerning its pensioners' welfare amidst increasing living costs. The pension fund trustees proposed an additional two percent rise for retirees,
April 23, 2024Canadian Defined Benefit (DB) pension plans have seen a significant surge in financial health as of the first quarter of 2024. This impressive upturn can be largely credited to favorable market conditions that have propelled asset values. A recent report by Normandin Beaudry reveals these plans
April 23, 2024