Michael Armstrong is an associate professor at the Goodman School of Business, Brock University. Employers like Canada Post want to rid themselves of defined-benefit pension plans because they pose ...

More and more Canadians are relying upon defined-contribution pension plans for their retirement, according to a new study released by Statistics Canada Tuesday. The agency said that the number of ...

Guaranteed monthly payments for as long as you live, or a lump sum today? If you have a defined benefit pension plan, that question may be on your mind as you consider whether to leave the pension in ...

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Canadian pension plans took a turn for the worse in 2011, a report from a major consulting firm said Wednesday. Towers Watson has kept a tracking index to represent defined benefit pension plans ...

This column has been modified to correct the amount of the required contribution for Janet's DB plan. Minimizing taxes isn’t always the best idea. Rich found this out the hard way. You may have heard ...

Learn about the advantages and considerations of defined benefit plans for high-earning professionals and business owners.

Ask successful small-business owners if they are happy with their annual IRS tax bills and most will moan and groan. That was the case with Bob Johnson, founder and CEO of Johnson Insurance & ...

TORONTO , Nov. 24 /CNW/ - A multi-employer defined contribution (DC) pension plan that allows every employer - including the self-employed - to automatically participate would greatly increase pension ...

TORONTO - The health of Canadian defined benefit pension plans continued to improve in the second quarter of 2023, according to consulting firm Mercer. The company said that the median solvency ratio ...

The company said that the median solvency ratio of defined benefit plans in its database ticked upward to 119 per cent at the end of June, meaning more than half had a surplus of funds. That’s despite ...