FREE Membership Sign in

JavaScript is disabled in your browser.

In order visualise this page, please follow these steps.

COVID-19: lower funding requirements cushion plans from shock

By Alain Thériault | April 20, 2020, 10:08 a.m.

The lower funding levels introduced by the Quebec and Ontario governments are cushioning the shock of the COVID-19 pandemic on the solvency of fixed benefit pension plans, says a Mercer report.

This article is reserved to PRO Level subscribers

Discover the PRO Level

The most popular in Investment

Sanctions for pre-signed forms levied against former Fredericton rep

Firms, associations and reps weigh in on advisor compensation

Rep fined for out of province trading, pre-signed forms and form alterations

Make your business shine with Visibility360!

Get a PDF version to share in your networks.

I'm interested

Headlines

Quebec flood zone map raises concerns even before its release

Tips for increasing your firm’s value

Agent who defrauded retired couple banned from securities registration

Related topics …

Flash

Quebec flood zone map raises concerns even before its release

Tips for increasing your firm’s value

Ontario regulator publishes guidance for comment

Insurers pushing their limits in accelerated underwriting

Annuities

Segregated funds and annuities: Two products for life

Manulife’s net income skyrockets by 279.3 per cent

iA's net income falls 12.7 per cent

Stock markets fuelled segregated fund sales in 2021

Investments

Insurers express increased appetite for private market investments

Registered retirement savings plan contributions resume downward trend

Life insurance associations urge government to make tax changes

Seg fund deferred sales charge rules officially take effect February 14

Life Insurance

Insurers likely to benefit from adding obesity drugs to benefits coverage

Life insurance application activity picks up in March

Drug plan sponsors encouraged to set up usage guardrails for new therapies

Whole life sales drove growth in the life insurance market in 2023

ECKLER

Variable payment life annuities get new champion

An average year for property and casualty Insurers in 2023

Bankruptcies in the insurance industry: Preparedness remains crucial

Pension plans purchase a record number of annuities

MERCER

Defined benefit pension funding increases in the first quarter of 2024

Executives think generative artificial intelligence will deliver gains over 30 per cent

Geopolitical risks stoke investor fears

Defined benefit plans finish 2023 higher despite fourth quarter pullback

Regulation

National Flood Insurance Program promised again in budget

Mutual fund rep fined close to $1.7-million

Sanctions for pre-signed forms levied against former Fredericton rep

Commercial truck driver training lacking

Compliance

Regulator revokes healthcare service providers’ licenses

Regulator comes down on the whole industry for Take-All-Comers non-compliance

Regulator imposes $600,000 in administrative penalties

Serving clients without regulatory approval or adequate controls costs firm $100,000

Retirement

Agent who defrauded retired couple banned from securities registration

Pension funding rises in March

BrokerLink closes three transactions

Pension risk transfer market volumes in 2023 match record

Economy

BMO Insurance considers higher profile going forward

Challenging environment expected to continue for fintechs

Global survey finds majority of insurers will change technology platforms by 2025

Digitalization and personalization: The Canadian insurance industry at a crossroads

COVID19

Six out of ten workers not performing to their full potential

Industry issues less debt in 2023

New Jersey Supreme Court finds in favour of insurers in business interruption case

Swiss Re expects global growth to shift down markedly