En raison de la grève de Postes Canada, il y aura un délai dans la livraison des livres.

FREE Membership Sign in

JavaScript is disabled in your browser.

In order visualise this page, please follow these steps.

Guaranteed Withdrawal Benefits under pressure from regulators

By Alain Thériault | Oct. 15, 2024, 10:58 a.m.

Photo: Freepik

Consultations are taking place regarding new capital requirements that will come into force January 1, 2025.

This article is reserved to PRO Level subscribers

Discover the PRO Level

The most popular in Investment

Former public accountant sanctioned by multiple regulators

Pension regulators publish new guidelines for capital accumulation plans

Defined benefit plan funded positions decline

Make your business shine with Visibility360!

Get a PDF version to share in your networks.

I'm interested

Headlines

Canadian life insurance application activity was flat in November

Number of Canadians smoking cannabis is on the decline

Affluent clients: Coverage is more expensive and less easily available

Related topics …

Flash

Number of Canadians smoking cannabis is on the decline

Affluent clients: Coverage is more expensive and less easily available

Insurance executives say artificial intelligence is coming

Low-income rates drop among those over age 65

Segregated fund

Segregated funds: the capital reset guarantee has lost its allure

iA Financial Group reports 5% increase in net income for second quarter of 2024

Ontario regulator proposes new rule for segregated fund disclosure

Beneva’s profits up 149 per cent in 2023

Investments

Capital accumulation plan members enjoy best outcomes in more than 13 years

Defined benefit pension plans hold their own in the third quarter of 2024

Investment industry contributed 2.1 per cent to national gross domestic product in 2023

Defined benefit pension plan membership numbers increase

Life Insurance

Canadian life insurance application activity was flat in November

Healthcare in Canada expected to cost $370 billion in 2024

Reinsurer calls on industry to support psychological resilience research

Employer-sponsored coverage decreases odds of medication nonadherence

IA FINANCIAL GROUP

Five advisors share how they defy time and conventions

Cash value and interest rates bolster permanent life insurance

iA Financial Group quintuples its earnings in the third quarter of 2024

Critical illness insurance: One client shifts the market

EMPIRE LIFE

Empire Life reports strong third-quarter earnings

Critical illness insurance: flexibility is key to sales success

Whole life insurance: Fierce competition over dividend rates

Investors concerned about major US companies’ stock performance

SUN LIFE FINANCIAL

Sun Life increases earnings by 55% in the third quarter of 2024

Estate expenses: numerous disparities across Canada

Critical illness insurance: cancer and heart attack dominate claims

IG Wealth Management aims to make its mark in life and health insurance

OFFICE OF THE SUPERINTENDENT OF FINANCIAL INSTITUTIONS (OSFI)

Manulife announces $5.4-billion reinsurance transaction

Sun Life's net income down slightly in the second quarter

Insurers defend their climate transition plans

Insurers should abandon fossil fuels, say investors

DESJARDINS

Desjardins’ insurance surplus earnings down 32% in third quarter

Disability insurance: 17 products examined by InsuranceINTEL

Groupe Cloutier brings in insurer as a minority shareholder

Deaths among off-road vehicle riders on the rise

CANADIAN INSTITUTE OF ACTUARIES (CIA)

Senior actuaries call for best practices for generative artificial intelligence usage

End of disability insurance at age 65: alternatives emerge

Actuaries climate index rose in early 2024

Financial fairness and risk sharing central to making target benefit pension plans work

MANULIFE

Disability: Culture shift needed in labour market

Roy Gori steps down as President and Chief Executive Officer of Manulife

Manulife third-quarter earnings up 82%

Hormone replacement therapy use rises

AUTORITÉ DES MARCHÉS FINANCIERS (AMF)

AIG continues restructuring by selling travel insurance portfolio

Response critical of regulator’s proposed fee model

Regulatory organization appoints new Chair

Seg funds: Regulators agree with charge back but in a tightened manner

Strategy

Starting a career in insurance: "The key is mentorship"

Arthur J. Gallagher makes acquisition in Ontario

Canadian finance and insurance industries growing

Canadian regulators weigh in on generative artificial intelligence use

Retirement

Funded status of Canadian pension plans increases in October

Pension regulators publish new guidelines for capital accumulation plans

Ontario consults on future variable payment life annuity framework

Annuities remain popular despite falling interest rates

Analytic

Cancer remains leading cause of death in Canada

Ransomware attacks are increasingly complex and sophisticated

Leverage catastrophe awareness to educate homeowners about earthquake risk

Commercial truck driving: improved safety, performance and professionalism needed

Magazine supplement

Property and Casualty insurers’ financial results in Canada in 2023

Ways to mitigate damage caused by breaches

Coalition reviews 2023 claims results

Brokers concerned about SME Cybersecurity