Summary of PBI’s Seminar Revealing MEPP Benchmarks Published in Benefits and Pensions Monitor

Summary of PBI’s Seminar Revealing MEPP Benchmarks Published in Benefits and Pensions Monitor

BPM new logo

Survey Reveals MEPP Benchmarks

Article written by Nisha Singh and Nellie Hua, consultants at PBI Actuarial Consultants Ltd., published in the Benefits and Pensions Monitor Online.

Extract

The average employer/employee contribution to a multi-employer pension plan is $4.26 per hour, says H. Clare Pitcher, of PBI Actuarial Consultants. Speaking at its ‘Apples & Oranges: MEPP/TBP Benchmarking Study,’ he said the range for contributions is $1.09 to $7.60 per hour. Cindy Rynne, of PBI, said the survey, its first, is designed to reveal some benchmarks for MEPPs across the country.

Please click on the link above to view the article.

Article on the Benefits of Benchmarking MEPPs/TBPs Published in the Benefits and Pensions Monitor

Article on the Benefits of Benchmarking MEPPs/TBPs Published in the Benefits and Pensions Monitor

BPM new logo

SEVEN REASONS WHY YOU SHOULD BENCHMARK YOUR MEPP/TBP

Article written by Nisha Singh and Nellie Hua, consultants at PBI Actuarial Consultants Ltd., published in the Benefits and Pensions Monitor Online.

Extract

Benchmarking is a very effective tool often used in the business world to compare things. It lets you know exactly where you stand. In particular, it has specific application to pension and benefit plans. Single employer pension plans have been doing this for years and now there is an opportunity for multi-employer and target benefit plans to do the same.

Here are the seven top reasons why multi-employer pension plan (MEPP) and target benefit plan (TBP) trustees and administrators should strongly consider benchmarking their plan.

Please click on the link above to view the article.

Charles Manty’s Article on Private Investments Published in Benefits Canada

Charles Manty’s Article on Private Investments Published in Benefits Canada

Benefits Canada Magazine

Sounding Board: Holy grail of higher returns comes with a catch

Article written by Charles Manty, Investment Consultant at PBI Actuarial Consultants Ltd., published in Benefits Canada.

Extract

Investors have seen fixed-income yields pushed lower as central banks venture into uncharted policy waters. Meanwhile, equities are once again vacillating in the face of multiple economic headwinds, following years of barely a rest on their march to ever-greater heights from their 2008-09 nadir.

In response to decreasing yields and increasing volatility, institutional investors continue to reduce their holdings of traditional fixed-income and equity assets in favour of private investments that promise the holy grail of higher returns and lower volatility. But the holy grail comes with a catch.

Private investments (whether debt, equity or real assets) usually have base management fees of between one and two per cent. With few exceptions, private investments also charge a performance fee — also known as carried interest — that often includes a nasty thing called a catch-up provision. All of these fees contrast with traditional actively managed fixed-income and equity investments that generally have base management fees that rarely exceed 0.8 per cent. With so many components to the fees for private investments, it’s often difficult to realize how much they’re biting off of returns.

Please click on the link above to view the article.

Summary of Avinash Maniram’s Presentation on Coping with Sedentary Lifestyles Published on the IFEBP’s Blog

Summary of Avinash Maniram’s Presentation on Coping with Sedentary Lifestyles Published on the IFEBP’s Blog

avinash-maniram(100x150)

Avinash Maniram, Group Benefits Consultant at PBI,  presented “Is Sitting the New Smoking? Coping With Sedentary Lifestyles” at the 2016 Canadian Health and Wellness Innovations Conference. A summary of his presentation was published on the blog of the International Foundation of Employee Benefits Plans (IFEBP).

Please click on the following link to view the article as published in WORD on benefits:

Seven Ways to Combat Sitting at Work

Article Explaining Pension Plan Stochastic Modelling Published in Benefits Canada

Article Explaining Pension Plan Stochastic Modelling Published in Benefits Canada

Benefits Canada Magazine

The ups and downs of stochastic modelling

Article written by Julia Friesen, Analyst at PBI Actuarial Consultants Ltd., in collaboration with Charles Manty, Investment Consultant, published in Benefits Canada.

Extract

Are you interested in forecasting your pension plan’s funded position? If so, read on.

In fact, you can even determine your plan’s expected average contributions and funded position just by having an idea of what average inflation or investment returns to expect over the next few years.

Still intrigued?

Stochastic modelling—estimating potential outcomes by allowing for random variation in one or more inputs over a period of time—allows pension plans to do just that.

However, in the process of forecasting your plan’s funded position, you’ll have to consider the following questions:

• How high or low could inflation and investment returns end up being over the next few years?
• How strongly or poorly funded could your plan become at the end of, and during, those years?
• How can you determine a credible range of possible future funded positions?

Stochastic modelling can help you tackle these issues.

Please click on the links above to view the article.

Privacy | Terms of Use

Copyright 2017 PBI

Social media & sharing icons powered by UltimatelySocial