Content about Pension

August 10, 2012

A new report shows a 21% annual increase in cash balance "hybrid" retirement plans in the United States between 2009 and 2010 (the most recent year for which IRS reporting data is available), almost double the previous year’s 11 percent growth rate. Cash balance plans continued to outpace all other sectors of the retirement plan market, according to the 2012 Cash Balance Research Report from Kravitz, a provider of retirement plan management services.

April 13, 2011

TimberWest Forest Corp., Western Canada's largest private timber and land management company, has entered into a purchase agreement with two Canadian pension funds, British Columbia Investment Management Corporation and the Public Sector Pension Investment Board.

TimberWest Forest Corp., Western Canada's largest private timber and land management company, has entered into a purchase agreement with two Canadian pension funds, British Columbia Investment Management Corp. and the Public Sector Pension Investment Board. The purchase price is C$1.03 billion in cash, including assumed debt.

Headquartered in Vancouver, TimberWest owns approximately 808,000 acres of private land and is in the business of selling timber products and real estate. It is traded on the Toronto Stock Exchange under the symbol "TWF.UN."