Pension Research

(July 2, 2015) The chocolate giant Nestle has announced it plans to freeze its defined benefit plan in the United Kingdom, reports Pensions & Investments (PI). It will be replaced by a defined contribution scheme the company created in 2010. Effective Jan. 1, the plan, with £3.78 billion ($5.87 billion) in assets,...

(May 26, 2015) For many Americans, the concept of a ‘dream life’ has been slipping away for decades, a decline exacerbated by the Great Recession, writes Lee Schafer of the Minneapolis Star Tribune. The American Dream has been slipping from the grasp of many Americans, mirroring the decline of the middle class. And it...

(May 25, 2015) Salary or benefits? It’s a question employers need to be mindful of when determining the best way to attract and retain employees, reports Benefits and Pensions Monitor. Steven Osiel, a vice-president at Accompass, recently “told the Toronto Region Board of TradeAdvanced Business Fundamentals workshop...

(May 25, 2015) The Globe and Mail has been running a series on Canada’s ‘borrowing binge’ that shows Canadians currently owe $1.63 for every dollar earned, compared to 85 cents in 1990. That indebtedness, experts say, is preventing Canadians from tending to other economic needs, including putting money aside for...

(May 20, 2015) According to new research by Aegon, the level of retirement preparedness in the United Kingdom is woefully low, reports Employee Benefits. The data shows that only about seven per cent (less than one in 10) Britons are on track to have a sustainable retirement. The report, the third of its kind, also...

(May 14, 2015) A new report from Northern Trust shows a disconnect between employees and their employers when it comes to retirement planning. By an overwhelmingly factor, employees want their employers to be more active in helping them prepare for retirement, but plan sponsors “voice reluctance to doing so,”...

(May 14, 2015) Despite improvement in retirement plan participation rates, employees are still missing out on retirement dollars by not maxing out their contributions, writes Jennifer Barrett for CNBC. According to a report report by Financial Engines, a financial advisory firm, one in four American employees are...