Employee Benefit News Canada

Solid stock rally unlikely until mid 2009, says Patty Croft

The worst of the credit crisis is behind us, but the economic crisis is now unfolding with the world economy in recession, said Patricia Croft, chief economist and vice-president with Phillips, Hager & North at the opening session of the International Foundation of Employee Benefit Plan's Canadian Investment Conference in Maui this week.
More uncertainty in store for DB plans in 2009

The current financial crisis is creating extreme uncertainty and potentially huge increases in 2009 contribution requirements for Canadian sponsors of defined benefit plans, says a recent analysis from Watson Wyatt Worldwide.
The DC retirement savings lottery: Incentives help employees to save early and often

Defined contribution plan sponsors are seeking ways to effectively educate their members and motivate them to save enough to fund a financially secure retirement. Some organizations believe the solution may lie in built-in plan design features that not only facilitate saving enough and investing sensibly, but provide real incentives for employees to do so.

CAPSA posposed multi-jurisdictional pension plans agreement

This memo from law firm Osler, Hoskin & Harcourt LLP discusses the proposed agreement recently released by Canadian Association of Pension Supervisory Authorities which attempts to establish a framework for determining how the laws of different provinces and the federal jurisdiction will apply to multi-jurisdictional pension plans.
President-elect Obama's HR-related proposals

How the Obama-Biden administration could affect employer-paid benefits
What does Obama have in store for exec comp?

Read about the Shareholder Vote on Executive Compensation Act he drafted.