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Pension change lifts Wilmers' pay at M&T

2015-03-09 20:52:58| Food - Topix.net

Robert Wilmers , the longtime chairman and CEO of Buffalo's M&T Bank , received a compensation package last year worth $4.2 million, nearly 15 percent more than he received in 2013, according to a new regulatory filing. The increase doesn't stem from higher salary or bonus pay; rather, it is the result of a change in pension value from $226,467 to $989,767.

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'Open season' for pension fraudsters

2015-03-06 14:00:24| BBC News | Business | UK Edition

The new pension freedoms will be an 'open season' for fraudsters trying to steal people's savings, according to the industry.

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Sun Life says it's set to profit from growing demand for pension risk transfer

2015-03-05 22:30:49| Telecom - Topix.net

Sun Life Financial hopes its deal to take on $5 billion of pension risk from BCE Inc. will bring it more business from pension plan sponsors looking to offset the possibility that retirees live longer than expected. The insurance company struck a deal this week to take on the longevity risk, the possibility that pensioners will live longer, from the Bell Canada Pension Plan.

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