UPP appointing Karen Rowe as chief financial officer
The University Pension Plan is appointing Karen Rowe as its chief financial officer. In the new role, she’ll oversee the teams responsible for the UPP’s…
- By: Staff
- May 15, 2023 May 15, 2023
- 15:00
Latest news in DB
Median solvency ratio of Ontario DB pensions rose to 115% in Q1 2023: report
The median solvency ratio of Ontario defined benefit pension plans rose during the first quarter of 2023, from 112 per cent at the beginning of the…
- By: Staff
- May 15, 2023 May 12, 2023
- 09:00
2023 Top 40 Money Managers Report: Using tools, technology to improve asset allocation, risk management
Large and small, pension plan sponsors are adopting in-house tools, partnering with technology research institutes or relying on investment managers for technological support with asset…
- By: Kelsey Rolfe
- May 12, 2023 May 15, 2023
- 08:56
Canada’s lasting influence on Arizona’s public sector pension investor
There’s something about the Arizona State Retirement System — a US$49.3-billion defined benefit-like hybrid pension plan for the state’s 600,000 current and former public sector…
- By: Gideon Scanlon
- May 12, 2023 May 15, 2023
- 08:55
Parliamentary subcommittee investigating Canadian public sector pension allocations to China
Representatives from six of Canada’s largest public sector pension investment organizations addressed a special parliamentary committee on Monday. The special committee on the Canada–People’s Republic…
- By: Staff
- May 11, 2023 March 28, 2024
- 12:30
Vestcor posts 3.63% loss for 2022
Vestcor Investment Management Corp., an organization that manages the investment and administration of 11 public sector pension plans in New Brunswick, saw its investment decline…
- By: Staff
- May 11, 2023 May 11, 2023
- 12:30
Canadian DB pension plan assets rise 1.9% in April: report
A typical Canadian defined benefit pension plan’s funded position improved on a solvency basis and decreased on an accounting basis in April as a result…
- By: Staff
- May 11, 2023 May 11, 2023
- 12:00
Ontario Teachers’ investing in telecom network, launching mixed use development in Montreal
The Ontario Teachers’ Pension Plan is investing in a wireless communications infrastructure company. Diamond Communications, which specializes in developing wireless network facilities to enhance internet…
- By: Staff
- May 9, 2023 May 9, 2023
- 12:30
Canadian DB pension plans see median return of 4.23% in Q1 2023: report
Canadian defined benefit pension plans generated a median return of 4.23 per cent for the first quarter of 2023, according to the BNY Mellon Canadian…
- By: Staff
- May 9, 2023 May 8, 2023
- 09:00
N.S. Teachers’ Pension Plan’s funded status dips to 75.1%: annual report
The Nova Scotia Teachers’ Pension Plan’s funded status dipped from 82.5 per cent to 75.1 per cent on a going-concern basis in 2022, according to…
- By: Staff
- May 4, 2023 May 3, 2023
- 12:30
OMERS backing hepatitis C drug, BCI acquiring stake in space technology company
The pharmaceutical arm of the Ontario Municipal Employees’ Retirement System is acquiring a stake in an anti-viral drug. According to the terms of a $200-million…
- By: Staff
- May 4, 2023 May 4, 2023
- 12:30
Canadian DB pension plans generated strong returns in Q1: report
The median Canadian defined benefit pension plan’s investments returned 4.2 per cent during the first quarter of 2022, according to a new report by Northern Trust…
- By: Staff
- May 4, 2023 May 4, 2023
- 09:00
Controversial super-priority pension bill receives royal assent
A controversial law giving super-priority to defined benefit pension plan members during plan windups and insolvencies is coming into effect after receiving royal assent from…
- By: Gideon Scanlon
- May 2, 2023 May 2, 2023
- 13:30
Canadian DB pension plans see median return of 4% in Q1 2023: report
Canadian defined benefit pension plans generated a median return of four per cent in the first quarter of 2023, up from 3.8 per cent in…
- By: Staff
- May 1, 2023 April 28, 2023
- 09:00
Top 5 HR, benefits, pension and investment stories of the week
An article on two upcoming executive departures at the Ontario Pension Board was the most-read story on BenefitsCanada.com over the last week. Here are the five…
- By: Staff
- April 28, 2023 April 27, 2023
- 09:00
ACPM urging Retraite Québec to streamline approach to actuarial solvency valuations
The Association of Canadian Pension Management is urging Retraite Québec to streamline its approach to actuarial solvency valuations for pension plans with members outside of…
- By: Staff
- April 26, 2023 April 26, 2023
- 09:00
Ontario Pension Board preparing for departure of two top executives
The Ontario Pension Board is announcing its plans for managing the coming departures of two of its top executives — Mark Fuller, president and chief…
- By: Gideon Scanlon
- April 24, 2023 April 24, 2023
- 11:30
Ontario Teachers’ highlights sustainable building opportunities in new report
As countries seek to reach net-zero carbon emissions targets by 2050, demand for buildings to be retrofit to improve energy efficiency will more than double,…
- By: Staff
- April 20, 2023 April 20, 2023
- 12:30
CAAT remains 124% funded despite 2022 investment losses: annual report
The College of Arts and Technology pension plan’s assets dropped 2.3 per cent while its funded ratio on a going-concern basis remained at 124 per…
- By: Staff
- April 20, 2023 April 20, 2023
- 12:00
How will crypto disclosure rules impact federally regulated pension plans?
In its 2023 budget, the federal government announced plans to require that federally regulated pension plan sponsors disclose their cryptocurrency asset exposure to the Office of…
- By: Julius Melnitzer
- April 20, 2023 May 2, 2023
- 09:00
OMERS managing Canada’s most profitable mall, Ontario Teachers’ investing in renewable natural gas projects
The real estate arm of the Ontario Municipal Employees’ Retirement System is operating the most productive shopping centre in Canada, according to a new report…
- By: Staff
- April 18, 2023 April 18, 2023
- 13:00
Canadian DB pension plan assets rise 1.8% in March: report
The funded position of a typical Canadian defined benefit pension plan improved on a solvency and accounting basis in March, according to a new report…
- By: Staff
- April 18, 2023 April 18, 2023
- 12:30
Integration of two PSP portfolio companies to help Ontario meet growing clean energy needs
A Northern Ontario-based hydroelectric power company owned by the Public Sector Pension Investment Board is being integrated into another one of PSP Investments’ assets, a clean…
- By: Staff
- April 13, 2023 April 13, 2023
- 12:30
Public DB plans driving pension software sector growth: report
Government-backed defined benefit pension plans are driving growth in the pension administration software sector, according to a new report by Marqual IT Solutions Ltd. The…
- By: Staff
- April 13, 2023 April 12, 2023
- 12:30
SHEPP appointing Colette Wagner as senior investment analyst
The Saskatchewan Healthcare Employees’ Pension Plan is appointing Colette Wagner as a senior investment analyst. In the new role, she’ll oversee the asset managers responsible…
- By: Staff
- April 11, 2023 April 11, 2023
- 12:30