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

According to Statistics Canada, the number of Canadians who were members of a registered pension plan grew by 293,500, or 4.2 ...

Statistics Canada released its latest figures Tuesday, which show a 4.2 per cent increase in active membership in registered ...

CFOs rethink defined benefit plans amid changing needs With fluctuating interest rates and ongoing inflationary pressures, many CFOs are redefining the role of these pension plans, Mercer says.

The Defined Benefit (DB) Plan is a single-employer defined benefit pension plan. The DB plan provides for retirement, disability, and survivor benefits to members prior to Oct. 1, 1995.

Nearly one-in-five workers eligible for a retirement plan through their employer aren’t enrolled. There are a few rules of ...

Standard Chartered Bank Kenya has obtained a court order blocking Sh7.09 billion worth of pension benefits to its former ...

The Pension Plus 2 program, from about 2018 through 2023, had a short 75-day window to opt into the hybrid program or be added to the defined contribution program by default.

Today's retirees are struggling to make their savings stretch. Could this be an opportunity for benefit managers to get ahead of the curve with their current roster of workers? According to Schroder's ...

The DWP said: “We recognise that schemes and sponsoring employers need clarity around scheme liabilities and member benefit levels in order to plan for the future. “The government will therefore ...

Defined benefit pensions If you have a defined benefit pension (also known as a final salary pension) you will receive a guaranteed income for the rest of your life. This is either based on your ...