Canada kicks public sector pension reform down the road

March 22, 2013 Tom Murray

Minister Flaherty Pensions defined contribution private sectory Canada

The 2013 budget of Minister Flaherty has flunked the issue of public sector pensions. He makes a clear commitment to making the system affordable in the future but then kicks the can down the road by announcing vague consultations that will take place at some unspecified time in ‘the coming months’.
Read More

British Columbia improves on Quebec’s PRPP approach

March 04, 2013 Tom Murray

provision Illustrate Plus Pensions budgetm pooled registed pension plan Admin Plus

[dropcap letter="T"]he recent budget from the government of British Columbia (BC) was notable for its take on the Pooled Registered Pension Plan strategy. Unlike the original Quebecois proposals, which mandated provision and contribution by employers, the BC government’s approach seems mindful of the need to get people saving for their retirement without driving up the cost of labour, which might make it harder to employ people.
Read More

Actuarial Post: Cloud technologies aren't for dreamers

February 28, 2013 Tom Murray

cloud computing Pensions UK EU Canada

By Tom Murray, Head of Product Strategy, Exaxe.
Read More

Investment Life & Pensions Moneyfacts: A new 'trusted' network

February 20, 2013 Tom Murray

Pensions UK informed customer EU Canada

This article was originally commissioned and published in January 2013 for Investment Life & Pensions Moneyfacts publication. Tom Murray, Head of Product Strategy at Exaxe, explores the rise of social media and considers why advisers and providers must find ways to be included within these trusted networks.
Read More

Canada should be wary of increasing CPP

January 28, 2013 Tom Murray

pooled registered pension plans Pensions Canada CPP canadian politicians

[dropcap letter="S"]ince the initial 2010 decision to implement Pooled Registered Pension Plans (PRPPs), there has been little progress. The federal government has passed the bill enabling the concept but there has been no follow-up enabling legislation from the provinces. The only really constructive moves came from Québec and that stalled following the Liberals loss of power in the September 2012 election. Noises have since been made about the possible revival of the plan by the Parti Québécois but we are still awaiting concrete proposals.
Read More

Parti Quebecois breathes life back into VRSPs

December 14, 2012 Tom Murray

Alban D'Amours Nicolas Marceau Pensions dejardins parti quebecois

The news that the new Quebec Government is going to look at resurrecting the Liberal’s Voluntary Retirement Savings Plan (VRSP) proposal is great news for the future of retirement in Canada. Of all the provinces, only Quebec was brave enough to tackle the issues and introduce a bill to have a version of the PRPPs, curiously called the VRSPs, even though they were to be compulsory for employers and semi-compulsory for employees who were to be auto-enrolled.
Read More

Canada refuses to play games with DB pensions

September 06, 2012 Tom Murray

Minister Flaherty recession defined benefits G20 Pensions

Stephen Harper’s government has done Canada proud by resisting the temptation to follow the US down the path of relaxing financing rules for defined benefit (DB) pensions.
Read More

It's Happening Here [Video]

August 20, 2012 Sharon Cronin

UK EU Canada it's happening here Life and Pensions

IT’s Happening Here promotes career opportunities in Irish owned software companies. With over 600 companies, this dynamic sector offers exciting positions from graduate to director level, and a unique working experience of world class knowledge, creativity, diversity, and responsibility. An initiative of the Irish indigenous software sector, IT’s happening Here is supported by Enterprise Ireland.
Read More

Benefits Canada: PRPPs set the course for reinventing plans

July 09, 2012 Tom Murray

Benefits Canada db plan defined benefits longevity pension plans

By Tom Murray, Head of Product Strategy, Exaxe.
Read More

Life experience provides better guide than financial qualifications

June 19, 2012 Tom Murray

German Pensions UK Admin Plus EU

There has been some debate lately in the trade press about the tendency of people to take level annuities rather than inflation-proofed annuities because of the higher amount available. This fact has been held up as proof of the need for advice at the point of retirement, because otherwise people will tend to take the larger amount on offer from level annuities and not factor in the consideration that inflation will erode the value of the annuity payments over time.
Read More
1 2 3 4

Subscribe to Blog Updates

Recent Posts

EZine Sign Up