• Article Explaining Pension Plan Stochastic Modelling Published in Benefits Canada

    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

  • Article on Currency Exposure for Canadian Pension Plans Published in the Benefits and Pensions Monitor

    A Look at Currency Exposure for Canadian Pension Plans Article by Michel Charron, Investment Analyst at PBI Actuarial Consultants Ltd., published in the Benefits and Pensions Monitor Online (BPM). Extract Currency issues for institutional investors It has already been over a decade since changes in foreign investment regulations have allowed Canadian pension plans to increase

  • Addressing Underfunded Pension Plans with Contingency Reserves

    How well-funded is your pension plan?  A pension plan’s funded status is an indication of its financial health.  Most plans’ funded positions were adversely affected by the economic crisis of 2008 but have improved since then.  This article will help you better understand pension funding deficits, what caused them, and how to avoid them moving

  • PBI Actuarial Consultants Ltd. acquires PENSUL Inc.

    PBI Actuarial Consultants Ltd. (PBI) and Pensul inc. (Pensul) announced today that they have reached an agreement. Following the transaction, Pensul’s employees, products, and systems will be integrated with those of PBI. The integration is scheduled for October 1, 2015. Headquartered in Montreal, Pensul provides investment consulting services for pension funds, endowment funds, and institutional

  • Article on the New Brunswick Shared Risk Plan Published in the Benefits and Pensions Monitor

    New Brunswick Shared Risk Plan: There’s More To The Story A summary of PBI’s report on the New Brunswick shared risk pension model was published on the Benefits and Pensions Monitor’s website. Please click on the links above to view the article.

  • PBI provides comments on the proposed Voluntary Supplement to the Canada Pension Plan (CPP).

    Consultations on a Voluntary Supplement to the Canada Pension Plan The federal government has announced that it will be seeking feedback on the voluntary supplement to the Canada Pension Plan (CPP) originally proposed in May. The consultation document released in July included eight questions about the voluntary supplement: Do you believe a voluntary supplement to

  • Interview with Clare Pitcher on the New Brunswick Shared Risk Pension Model Published in the National Post

    Seeking full disclosure on New Brunswick’s shared risk pension model H. Clare Pitcher, Senior Consulting Actuary at PBI Actuarial Consultants Ltd., was interviewed by National Post writer Barry Critchley on his concerns about the New Brunswick shared risk pension model. Please click on the following link or on the image above to view the article: Seeking

  • Provincial Government Releases Further Details of Ontario Retirement Pension Plan

    The proposed Ontario Retirement Pension Plan (ORPP) is to be introduced on January 1, 2017 On August 11, 2015, the Ontario Government released further details regarding the proposed Ontario Retirement Pension Plan (ORPP), which is to be introduced on January 1, 2017.  The ORPP is designed to provide a predictable source of retirement income for

  • CRA Updates Health and Welfare Trusts Chapter of Income Tax Folio

    The Canada Revenue Agency (CRA) updated Chapter 1: Health and Welfare Trusts of Income Tax Folio 1: Specific Plans Offered by Employers. Effective July 27, 2015 Income Tax Folio S2‑F1‑C1, Health and Welfare Trusts, replaces and cancels Interpretation Bulletin IT‑85R2, Health and Welfare Trusts for Employees dated July 31, 1986. The Chapter was created to clarify the conditions that

  • New Brunswick Shared Risk Plan: There’s More to the Story

    Press Release Toronto, August 21, 2015 – The relatively new Government of New Brunswick Shared Risk Plan model has received a lot of attention and positive publicity over the past year, not only in New Brunswick and the rest of Canada, but also around the world. However, amidst these accolades, there are a number of