All News

How actuaries can help manage longevity risk

Longevity risk is the danger that we outlive our retirement savings. This involves the ensuing challenge to maintain the standard of living that we are accustomed to or afford the ever-increasing health care and retirement housing costs. Can actuaries help the public avoid this issue?

Genesis of CAAT’s DBplus: Nobis Cura Futuri – Can we do more?

Although workplaces are changing, the need for valuable, secure pensions is not. After a quarter-century of troubling trends, the not-for-profit CAAT pension plan decided to take a leadership role to deliver a better future for Canadians, employers, and society. To do so it needed to remove the barriers to joint success.

Canada most affected by demographic impact of pension plans compared to UK and US

Consensus on the potential impact of population aging on asset values varies from the benign to the extreme. Despite little consensus, the effect of population aging on investment returns remains a hot button topic within academic literature.

Researchers’ attempt to analyze the efficacy of PfADs implemented by Canadian pension jurisdictions

Pension stakeholders, including the CIA, have had concerns about the lack of harmonized regulatory processes across Canada for many years.

Canada has moved to a new funding regime for defined benefit (DB) pension plans aimed at strengthening the going concern funding requirement through the addition of a funding margin, known as the provision for adverse deviations, or PfAD. Jurisdictions across Canada have taken different approaches to designing the PfAD.

Factsheet: Pension Commuted Values

In a newly published CIA factsheet, we delve deeper into pension commuted values.

New report finds that more Canadians should delay CPP payments

Ottawa, July 29, 2020 – A new report by the Canadian Institute of Actuaries (CIA) and the Society of Actuaries investigates the financial considerations of delaying Canada Pension Plan (CPP) payments and looks at the risks and opportunities associated with […]

A portrait of the pension industry in a time of uncertainty

By Jared M. Mickall, FCIA, Chair of the Committee on Pension Plan Financial Reporting Pension plan sponsors are focusing on the safety of their people and the continuation – and, in some cases, survival – of their operations. Pension regulators […]

Actuarial Standards Board – pension priorities

There is more activity related to Standards of Practice right now on the pension front than there has been since the days when pension standards were originally being developed.

CPP independent peer review

Every three years, the Office of the Chief Actuary (OCA) is required by law to produce an actuarial report on the Canada Pension Plan (CPP).