Trustee - The person (s) or entity that has the exclusive authority and discretion to manage and control
the assets of a pension plan.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on
pension plan assets and the impact
of future discount rate changes on
pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase
plan, among other things.
TORONTO — The 2013 - 14 financial year was an unusually strong one for the Canada
Pension Plan Investment Board, which earned a 16.5 per cent annual return on the billions
of dollars in
assets it manages for the national retirement system, but its CEO cautions that level
of growth likely won't soon be repeated.
Wiseman says the CPPIB takes no position on whether the Canada
Pension Plan is sufficient given overall retirement needs or what changes may be required, but says it has the organization has a «platform»
of people, relationships and
assets that can be expanded if policy - makers decide that's necessary.
Torstar is investigating a merger
of its
pension plan assets with a multi-employer
plan called CAAT, which would take over the obligation for paying past accrued benefits and future
pension benefits
of Torstar employees.
It would also help address a number
of questions about DC
pension plans, including the amounts and variability
of income from DC sources, and whether people who self - manage their withdrawals exhaust their retirement
assets before the end
of their life.
Some
assets, however, may no longer serve a public policy purpose and are
of particular interest to, for example, Ontario's large
pension plans as good long - term investments.
Other Post-Retirement, Net represents the other components
of net periodic
pension costs not classified as Service Costs, Interest Costs, Expected Return on
Plan Assets, Actuarial Gains \ Losses, Amortization
of Unrecognized Prior Service Costs, Settlements, Curtailments, or Transition Costs.
The investment powerhouse - with reported
plans to raise a new $ US10 billion buyout fund this year and owner
of all sorts
of Australian
assets - is believed to have been talking to potential backers including
pension funds from its home market about putting together a consortium.
With $ 189.5 billion in net
assets as
of December 31, 2017, the Ontario Teachers»
Pension Plan is the largest single - profession pension plan in
Pension Plan is the largest single - profession pension plan in Can
Plan is the largest single - profession
pension plan in
pension plan in Can
plan in Canada.
We are an independent organization that pays defined benefit
pensions and invests
plan assets on behalf
of 323,000 active and retired members.
The «All
Plan Universe» currently tracks the performance and
asset allocation
of over $ 650 billion in
assets under management across Canadian defined benefit (DB)
pension plans, and is a widely - recognized performance benchmark indicator.
All other department and agency expenses increased by $ 1.6 billion (3.2 %), largely reflecting an increase in actuarial liabilities for claims and employees»
pension and other future benefit costs, the latter reflecting the impact
of low interest rates on
plan assets.
And EK is already stretching the limits on how it values its
pension assets by assuming the long - term return on
plan assets will be 8.73 % for the life
of the
plan.
In fact, the company's assumed return on
plan assets is so high that it allowed EK to book income from its
pension plan equal to 2.2 %
of its revenue last year.
Absent an exemption, if a
pension plan subject to ERISA is a limited partner in a venture fund, then all
of the venture fund's
assets are subject to regulations that require the venture fund
assets to be held in trust, prohibit certain transactions and place fiduciary duties on fund managers.
- retirement savings and income - Pre-59 1/2 72t Calculations (avoiding penalty tax)- college savings and 529
plan illustrations - college cost and tuition data - Coverdell education savings - risk profile questionnaires and quizes - model portfolio illustrations -
asset allocation and portfolio optimization - portfolio management and value tracking - 401 (k) retirement savings - Cost
of waiting to save - Effect
of Taxes and Inflation - Estate Tax Estimator - Finding Money for your savings goals - Health Savings Account (HSA) illustrations - Historical Hypothetical Portfolio Performance - Impact
of Inflation - Life Insurance Needs Analysis - IRA Eligibility (all types
of IRAs)- IRA Savings and Goal Analysis - IRA Required Minimum Distributions (RMDs)- IRA to Roth Conversion - Long Term Care Insurance - Lumpsum Distributions vs. Rollover Distributions - Model Portfolio Creation and Comparisons - Mortgage Amortization - Net Unrealized Appreciation
of Employer Stock - Net Worth Estimator - New Value Calculator -
Pension / Defined Benefit Income estimates - Portfolio Allocation Rebalancing - Portfolio Optimization and «Advice» - Portfolio Return Calculations - Paycheck Tax Savings - Required Minimum Distribution calculations - Retirement Budget and Expense
Planning - Retirement Income Analyzer - Retirement Savings Estimator - Risk Tolerance Profile - Roth 401k - Roth Conversion - Roth v. IRA illustrations - Short Term Savings goals - Social Security benefit estimates - Stretch IRA / Legacy IRA illustrations - Tax Free Yield calculations
The challenges are to pay down a $ 272,000 mortgage with a 30 - year amortization which costs her $ 1,091 per month, to get more income from her $ 580,609
of financial
assets, and to make the most
of Canada
Pension Plan benefits which could start to flow as early as her age 60 next year.
- retirement savings and income - Pre-59 1/2 72t Calculations (avoiding penalty tax)- college savings and 529
plan illustrations - college cost and tuition data - Coverdell education savings - risk profile questionnaires and quizes - model portfolio illustrations -
asset allocation and portfolio optimization - portfolio management and value tracking - 401 (k) retirement savings - Cost
of waiting to save - Effect
of Taxes and Inflation - Estate Tax Estimator - Finding Money for your savings goals - Health Savings Account (HSA) illustrations - Historical Hypothetical Portfolio Performance - Impact
of Inflation - Life Insurance Needs Analysis - IRA Eligibility (all types
of IRAs)- IRA Savings and Goal Analysis - IRA Required Minimum Distributions (RMDs)- IRA to Roth Conversion - Long Term Care Insurance - Lumpsum Distributions vs. Rollover Distributions - Model Portfolio Creation and Comparisons - Mortgage Amortization - Net Unrealized Appreciation
of Employer Stock - Net Worth Estimator - New Value Calculator -
Pension / Defined Benefit Income estimates - Portfolio Allocation Rebalancing - Portfolio Optimization and «Advice» - Portfolio Return Calculations - Paycheck Tax Savings - Required Minimum Distribution calculations - Retirement Budget and Expense
Planning - Retirement Income Analyzer - Retirement Savings Estimator - Risk Tolerance Profile - Roth Conversion - Roth v. IRA illustrations - Short Term Savings goals - Social Security benefit estimates - Stretch IRA / Legacy IRA illustrations - Tax Free Yield calculations
Within the $ 520 billion RBC Investor & Treasury Services All
Plan universe — the industry's most comprehensive universe
of Canadian
pension plans — defined benefit (DB)
pension assets returned 4.8 per cent during the three months ending March 31, 2014, bringing 12 month totals to 14.8 per cent.
Companies treat their
pension plan assets in a variety
of different ways.
He served for many years on the Investment Committee
of the
Pension Board for the United Church of Canada, a successful pension plan managing assets in excess of $ 1.3 b
Pension Board for the United Church
of Canada, a successful
pension plan managing assets in excess of $ 1.3 b
pension plan managing
assets in excess
of $ 1.3 billion.
Mr. Moysiuk has served for many years on the Investment Committee
of the
Pension Board for the United Church of Canada, a successful pension plan managing assets in excess of $ 1.2 b
Pension Board for the United Church
of Canada, a successful
pension plan managing assets in excess of $ 1.2 b
pension plan managing
assets in excess
of $ 1.2 billion.
Rising stock markets — the S&P 500 has tripled since reaching a low in March 2009 and over the last 10 years, the largest public
pension plans have earned an average return
of 7.45 percent, broadly in line with the median long - term goal
of 8 percent — have boosted
pension plan coffers to the highest level
of assets they've ever had.
The union claimed that endorsing defined - contribution
plans while managing public
pension assets represented a conflict
of interest.
In addition to his two rental properties, Gabriel is fortunate to be enrolled in his employer's defined benefit
pension plan and also has $ 205,000 in RRSP money, which makes up the bulk
of the couple's liquid
assets.
«In fact, there may be diseconomies
of scale for larger public
pension plans because
of the complexity
of implementing their investment strategies, which include contracting out for external experts — a practice that has become increasingly popular, with
plans investing more in non-traditional
assets such as real estate, infrastructure, and private equity,» said the report.
Record keepers on average roll over about 30 %
of defined contribution
pension assets at the retirement
of the members
of those
plans.
If you're lucky enough to have a
pension plan at work, be thankful — it may be one
of your greatest financial
assets.
About 70 percent
of mutual fund
assets are now invested in actively managed funds, although for institutional investors (
pension plans and endowments, for instance) that figure is likely now below 60 percent.
At least one
of the following criteria must be met to be an accredited investor: (i) a buyer with a net worth individually or with a spouse
of $ 1,000,000 or more; (ii) institutional investors including banks, insurance companies, registered broker / dealers, and large
pensions plans; (iii) tax - exempt organizations with total
assets in excess
of $ 5,000,000; (iv); private business development companies; (vii) directors, officers, or general partners
of the issuer; and (viii) entities owned entirely by accredited investors.
Basically, the idea is to use the corporation as your personal
pension plan and build up investment
assets inside
of it that you can withdraw in retirement.
We provide: • Retirement Services, such as
plan rollover options, ** traditional and Roth IRAs, and small business
plans • Financial Management, including financial
planning, asset and debt management, and estate planning • Insurance Solutions, made up of life, long - term care, and disability protection • Investments, including diversified solutions to help manage and grow assets with stocks, bonds, and mutual funds • Retirement Planning, such as income strategies, pensions, and social
planning,
asset and debt management, and estate
planning • Insurance Solutions, made up of life, long - term care, and disability protection • Investments, including diversified solutions to help manage and grow assets with stocks, bonds, and mutual funds • Retirement Planning, such as income strategies, pensions, and social
planning • Insurance Solutions, made up
of life, long - term care, and disability protection • Investments, including diversified solutions to help manage and grow
assets with stocks, bonds, and mutual funds • Retirement
Planning, such as income strategies, pensions, and social
Planning, such as income strategies,
pensions, and social security
Additionally, the CPPIB management benefits from a certainty
of assets that is otherwise unheard
of in typical
pension plans.
Thomas Idzorek, CFA, chief investment officer — Retirement at Morningstar Investment Management LLC in Chicago, and lead author
of the paper, tells PLANADVISER, «Our managed account engine will consider age,
plan account balance, salary, contribution, state
of residence — different states have different tax rates — employer tiered match, employer contribution,
plan loans, brokerage account holdings, retirement age, gender and
pension as well as other outside
assets to determine the recommended allocation to equities for each participant.»
Despite the relatively positive returns for many
asset classes in recent years, the decline in interest rates has proven to be a large impediment to restoring the funded status
of pension plans to pre-crisis levels.»
are still referenced as accepted wisdom regarding the
Asset Location preferences
of the beneficiaries
of pension plans.
So why are commercial mortgages not included in the
asset mix
of many
pension plans?
Sun Life Institutional Investments (Canada) Inc. specializes in managing private
asset class pooled funds and liability driven investing strategies for defined benefit
pension plans and other institutional investors in Canada through its affiliation with Sun Life Assurance Company
of Canada.
During 2011 - 2013, Steve held a senior investment management position at one
of Canada's largest defined benefit
pension plans, building up and managing its in - house fixed income and derivatives team as well as assessing other
asset class opportunities and conducting selections
of third - party fund managers.
However, for service contributions made after March 22, 2011, the cost
of the past service must first be satisfied by transfers from RRSP
assets (as well as money purchase registered
pension plan assets) belonging to the IPP member or a reduction in the member's unused RRSP contribution room before new past service contributions are permitted.
Q: I am considering retiring early (at 55) and based on advice from my financial planner, I can rather easily do so, primarily based on our
assets, lack
of any debt, and my wife's existing defined benefit
pension plan.
This isn't a burning hot issue at present, but I have been impressed with the increasing amount
of money getting thrown at esoteric
asset classes by
pension plans and endowments, in an attempt to diversify and gain higher total returns.
Ryan Labs
Asset Management Inc. (Ryan Labs), a Sun Life Investment Management company, has announced the launch
of their Defensive Risk Premia (DRP) strategy for corporate and public
pension plans, as well as other institutional investors.
Causeway began operations in June 2001, and manages
assets on behalf
of corporations,
pension plans, public retirement
plans, Taft - Hartley
pension plans, endowments and foundations, mutual funds, charities, superannuation, sovereign wealth funds, private funds and trusts, wrap fee programs and other institutions located in the US, Canada and overseas.
The contribution I make into, my employer
pension plan is part
of my
assets, and it will definitely fit into the fixed income category.
The
Pension Protection Act
of 2006 also allows you to convert
assets from 401 (k) s or similar employer
plans directly to a Roth IRA.
Some people use all or a portion
of their RRSP
assets to fund retirement before they are eligible to receive money from their
pension plan or CPP, especially if their taxable income will be higher when they reach retirement age.
CPPIB, which manages investments for the Canadian
Pension Plan, chalked up some
of the gains to the scorching pace
of international stock markets last year (as
of the end
of the quarter, 30.5 per cent
of its
assets were foreign public equity, totalling $ 102.7 billion).
The «
asset planning» vogue
of the 1990s, using historical returns and correlations to establish policy
asset mix, increased
pension plan equity exposure towards 70 % at the expense
of fixed income which dropped towards 30 %.