On October 4, 2023, the Government of B.C. introduced Bill 33: Pension Benefits Standards Amendment Act, 2023. The proposed amendments set the table for defined contribution plans in B.C. to offer a new option for …
B.C. Target Benefit Plans: PfAD Changes Effective December 31, 2022
Our last post on the topic of Target Benefit Plan (TBP) PfADs was in early 2021, noting that temporary relief had been approved by the B.C. government. We also noted that a Working Group had …
B.C. Target Benefit Plans: PfAD Suspension Effective December 31, 2019
While it may have gotten lost in the run-up to holiday season, the Order in Council passed on December 18, 2020 to suspend the application of the PfAD to B.C.’s roughly 40 target benefit plans …
Mike Greschner is G&B’s Newest Partner
George & Bell Consulting is pleased to announce that Mike Greschner has been named its newest Partner, effective immediately. The promotion strengthens one of the firm’s core practice areas: actuarial and core benefit consulting. Greschner …
“Trumponomics”, Polls and the Game of Bridge
The markets had a great finish to the year. From November 8, 2016, most stock markets worldwide went up – for instance, the S&P/TSX Canadian market was up 4.8%. And if you have a Canadian …
The George & Bell Team is Growing
George & Bell is pleased to announce a new addition to our team. Jian Zhang, a fully qualified actuary with 8 years of experience, has joined our firm as a Consultant. Jian has primarily worked …
Better off Bigger?
With apologies to the 1985 John Cusack film “Better Off Dead”, this past week’s announced “merger of equals” between Willis Group and Towers Watson brings to mind a question I have been thinking about a …
Exciting News for George & Bell
George & Bell Consulting (G&B) is pleased to announce a working relationship with John Gilfoyle and David Lee of Strategic Income Security Services (SISS). The working relationship is focused on negotiated cost pension and benefit …
What exactly does an Actuary do?
This is a common question I get asked all the time. So when the Pacific Business and Law Institute invited me to answer that question for a group of Trustees and Administrators this past week, …