Download or read book The rate of return on the investment fund of the Canada Pension Plan written by Canada Pension Plan Advisory Committee and published by . This book was released on 1975 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Rate of Return on the Investment Fund of the Canada Pension Plan written by Canada. Department of National Health and Welfare. ADVISORY COMMITTEE OF THE CANADA PENSION PLAN. and published by . This book was released on 1975 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Rate of Return on the Investment Fund of the Canada Pension Plan written by Comité consultatif du Régime de pensions du Canada and published by . This book was released on 1975 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Rate of Return on the Investment Fund of the Canada Pension Plan a Report by the Advisory Committee of the Canada Pension Plan written by Canada Pension Plan and published by . This book was released on 1975 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Rate of Return on the Investment Fund of the Canada Pension Plan a Report by the Advisory Committee of the Canada Pension Plan written by Canada. Department of National Health and Welfare and published by . This book was released on 1975 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Taux de Rendement Du Fonds de Placement Du R gime de Pensions Du Canada written by Canada Pension Plan Advisory Committee and published by Advisory Committee of the Canada Pension Plan. This book was released on 1975 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Upgrading the Investment Policy Framework of Public Pension Funds written by Dimitri Vittas and published by World Bank Publications. This book was released on 2008 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Public pension funds have the potential to benefit from low operating costs because they enjoy economies of scale and avoid large marketing costs. But this important advantage has in most countries been dissipated by poor investment performance. The latter has been attributed to a weak governance structure, lack of independence from government interference, and a low level of transparency and public accountability. Recent years have witnessed the creation of new public pension funds in several countries, and the modernization of existing ones in others, with special emphasis placed on upgrading their investment policy framework and strengthening their governance structure. This paper focuses on the experience of four new public pension funds that have been created in Norway, Canada, Ireland and New Zealand. The paper discusses the safeguards that have been introduced to ensure their independence and their insulation from political pressures. It also reviews their performance and their evolving investment strategies. All four funds started with the romantic idea of operating as 'managers of managers' and focusing on external passive management but their strategies have progressively evolved to embrace internal active management and significant investments in alternative asset classes. The paper draws lessons for other countries that wish to modernize their public pension funds.
Download or read book Reform of the Canada Pension Plan written by Mr.Charles Frederick Kramer and published by International Monetary Fund. This book was released on 1997-10-01 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Like other transfer programs, a pay-as-you-go public pension system can significantly affect economic behavior and, hence, relative prices and macroeconomic aggregates. This paper illustrates some of these effects, which are important in weighing options for reforming public pensions, in the context of a stylized model of the Canadian economy. It shows that introducing such a system can reduce aggregate saving, income, and wages and increase interest rates. It also shows that a significant part of the distortion can occur because benefits are not explicitly linked to contributions and that creating a linkage can reduce the distortions associated with the wage tax that funds plan contributions.
Download or read book The Pension Strategy for Canadians written by Andrew Springett and published by Insomniac Press. This book was released on 2007 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past 20 years we have witnessed both the greatest bull market of all time and one of the most devastating crashes in history. During this period, pension funds posted returns of more than double those realized by individual investors, while being exposed to less than half of the risk and volatility individual investors were forced to endure.
Download or read book Annual Report of the Canada Pension Plan written by Canada Pension Plan and published by . This book was released on 2000 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Rates of Return for the Canada Pension Plan written by Jason Clemens and published by . This book was released on 2016 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Social Security s Investment Shortfall written by Nils Hemming Hakansson and published by World Scientific. This book was released on 2013 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study documents that the notion of Social Security as a minimal safety net is consistent with the views of both Adam Smith and Friedrich Hayek and that private social security accounts are inefficient and subject to moral hazard and huge productivity losses. It also introduces a novel approach to long-term investing suitable for perpetual funds consistent with the empirical phenomena of risk premia and mean reversion, including no asset sales and the use of short-term borrowing on a rollover basis to cover negative net inflows.
Download or read book Money on the Line written by Canadian Centre for Policy Alternatives and published by Canadian Centre Policy Alternatives. This book was released on 2003 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the back cover: The billions of dollars in Canadian pension funds belong to the workers for whom these funds were established. The money, in effect, is their "deferred wages", but, even though these vast sums now constitute the largest source of capital in the country, it has only been in the past few decades that workers, through their unions, have started to play a role in how, when and where their pension money is invested. This informative and fact-filled book examines the growing involvement of labour organizations in the management--and more often the co-management--of pension funds. It looks at the duties and rights of union trustees on pension boards, at their "fiduciary responsibility", at the crucial issues of social and ethical investments--and it also explains the success of progressive labour-sponsored investment funds.
Download or read book Comparative Tax Advantages of Canadian Pension Funds as Investors in Real Estate written by Alex MacNevin and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This article analyzes the competitive situation of pension funds vis-à-vis conventional taxable investors investing in real estate. It assesses the rate of return effects that arise because of differences in tax rules applying to the principal investment vehicles available. A particular focus is on the special paragraph 149(1)(.2) tax-exempt real estate investment corporation (REIC), which is available to pension funds for closely held real estate investments, as compared with tax flow through real estate investment trusts (REITs). REITs are available for broadly held real estate investments by pension plans and by conventional taxable investors investing either directly or through retirement savings plans. The analysis contrasts real estate investments with the competing returns that prevail when investments are made by the investors in conventional stock market equities. Base-case simulation results reflecting the Ontario investment environment are presented along with sensitivity analysis.Base-case simulation results support four conclusions. First, pension funds and tax-preferred savings plans; RRSPs, RRIFs, and TFSAs; provide a 12 percent boost to investment returns for market share investments compared to taxable investors investing directly. Second, both taxable investors and pension funds have a tax bias against investing in closely held real estate through a taxable corporation because net returns are lower than for market share investments. Third, pension funds investing in closely held real estate through a REIC have a significant advantage over taxable investors investing through either corporate or unincorporated arrangements. Fourth, pension funds; RRSPs, RRIFs, and TFSAs; have a significant and equivalent advantage relative to taxable investors when investing in broadly held real estate through a REIT, and absolute rates of return are higher than the rates that such investors would earn from investing in market shares. The study concludes with a brief discussion of factors that might be inhibiting pension fund investment in real estate.
Download or read book Pension Power written by Isla Carmichael and published by . This book was released on 2005 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: . In "Pension Power," Isla Carmichael argues that unions could ? and should ? have a new role to play in the economy by gaining control over their members? pension funds.
Download or read book When We re 65 written by John Burbidge and published by . This book was released on 1996 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the back cover: In this volume ... experts on the Canadian retirement income system look at the health of the system and the challenges that lie ahead. Two of the papers in the volume present specific policy proposals: William B.P. Robson argues that CPP funding be stepped up sharply and then gradually phased out in favor of a privatized plan, while Christopher Ragan opts for replacing RRSPs by a more general form of consumption tax. The book closes with three papers that, in effect, provide backgroun to the pensions debate. John B. Burbidge looks at the economic theory of transfers between generations; Newman Lam, Michael J. Prince and James Cutt examine the effects of demographic change on the CPP; and Paul Dickinson discusses six common misinpterpretations about the CPP.
Download or read book Public and Private Pensions in Canada written by James E. Pesando and published by Published for the Ontario Economic Council by University of Toronto Press. This book was released on 1977 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: At current contribution rates, the Canadian Pension Plan investment fund will be exhausted before the end of the century. At 8% inflation rate, the real value of today's private pension will be cut in half every ten years. The implications of these are explored in this study of public and private pensions in Canada.
