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Latest news in DB

Plan Sponsor Week: HOOPP looking to LDI strategy 2.0 amid low interest rates

After a strong 2021, HOOPP is prepared for a volatile 2022: CEO

The Healthcare of Ontario Pension Plan generated an 11.28 per cent return in 2021, led by its public and private equity portfolios. “It was a…

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Ontario Teachers’ returns 11.1% for 2021, led by private equity investments

The Ontario Teachers’ Pension Plan investments returned 11.1 per cent in 2021, with its result driven by the strong performance of its private equity portfolio.…

  • By: Staff
  • March 14, 2022 March 15, 2022
  • 09:01

Survey finds 62% of U.S. DB plan sponsors seeking to exit their plans

Almost two-thirds (62 per cent) of U.S. defined benefit plan sponsors are seeking to exit their plans, while 33 per cent are looking to achieve…

  • By: Staff
  • March 11, 2022 March 11, 2022
  • 15:00
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Two years later: DB plans out of the pandemic frying pan, into the geopolitical fire

The second year of the coronavirus pandemic offered defined benefit pension plan sponsors a reprieve from the chaos sown in financial markets during its first…

Caisse venture capital hub partners with innovative funds, Ontario Teachers’ backs AI-powered credit platform

The Caisse de dépôt et placement du Québec’s venture capital hub is partnering with seven venture capital funds representing $8.6 billion in assets under management.…

  • By: Staff
  • March 10, 2022 March 10, 2022
  • 13:20

Largest U.S. DB plans’ average funded status reaches 93.8%: report

The average funded status for the largest U.S. defined benefit pension plans was 93.8 per cent in 2021, up from 86.2 per cent in 2020…

  • By: Staff
  • March 10, 2022 March 9, 2022
  • 09:00
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OPTrust posts 15.3% net return, driven by private equity investments

The OPSEU Pension Trust is reporting a net investment return of 15.3 per cent for 2021, a result driven by strong private equity performance. In…

  • By: Staff
  • March 9, 2022 March 11, 2022
  • 09:30

Canadian DB pension funded position improved in February: report

Despite rising concerns about inflation and the war in Ukraine, the funded position of a typical Canadian defined benefit pension plan improved slightly on both…

  • By: Staff
  • March 8, 2022 March 8, 2022
  • 12:30

OMERS returns 15.7% for 2021, led by private equity investments

The Ontario Municipal Employees Retirement System returned 15.7 per cent for 2021, a significant increase on its 2020 return. In its annual report, the OMERS…

  • By: Staff
  • March 1, 2022 February 28, 2022
  • 09:00

Largest U.S. pension fund appoints Canadian as CIO

The California Public Employees’ Pension Retirement System is appointing Nicole Musicco as its new chief investment officer, effective March 28. She joins the CalPERS from…

  • By: Staff
  • February 24, 2022 February 23, 2022
  • 09:00
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Danish pension announces sanctions against Russia

A Danish defined benefit pension fund is ceasing its investments in Russian assets following recent developments in the ongoing crisis between the world’s largest nation…

  • By: Staff
  • February 22, 2022 February 22, 2022
  • 11:30
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Equities, inflation, legislative changes push annuity transaction volume to record highs

The strength of equities was among the factors pushing the transaction volume of Canada’s group annuities market to a record high in 2021, according to…

Majority of Ontario’s DB pension plans more than fully funded: report

The average Ontario defined benefit pension plan is in the best funded position since December 2009, according to the Financial Services Regulatory Authority of Ontario’s…

  • By: Staff
  • February 17, 2022 February 17, 2022
  • 12:00

Bruce Power using asset-liability studies, rebalancing to protect pension fund

As a nuclear power provider, Bruce Power’s culture emphasizes the importance of risk-averseness. This is reflected in the company’s efforts to secure the indexed benefits…

Canadian DB pensions’ average funding positions worsened in January: report

The funded position of a typical defined benefit pension plan decreased on a solvency basis but increased on an accounting basis in January, according to…

Air Canada pension investor signs UN-backed principles for responsible investment

Trans-Canada Capital Inc., an investment manager that was spun out of Air Canada’s defined benefit pension plans in 2019, is a signatory of the United…

  • By: Staff
  • February 8, 2022 February 9, 2022
  • 11:00

Median return of Canadian DB pension plans reaches 4.11% in Q4 of 2021: report

The median return of Canadian defined benefit pension plans was 4.11 per cent for the fourth quarter of 2021, the seventh consecutive positive quarterly return…

  • By: Staff
  • February 7, 2022 February 4, 2022
  • 09:00
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Domestic equities boost median DB pension returns to 8.9% in 2021: report

The strong performance of domestic equites in the last months of 2021 helped Canadian defined benefit pension plans secure median annual returns of 8.9 per…

  • By: Staff
  • February 1, 2022 February 1, 2022
  • 09:00
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Canadian pension returns up during Q4, buoyed by global equities: report

The median Canadian defined benefit pension plan generated returns of 3.8 per cent in the final quarter of 2021, according to a new report by…

  • By: Staff
  • January 27, 2022 January 27, 2022
  • 13:20

N.S. Pension Services Corp. appoints new CIO

The Nova Scotia Pension Services Corp. is appointing Steve Mahoney as its new chief investment officer, effective April 1, 2022. He’s taking over the CIO…

  • By: Staff
  • January 20, 2022 January 19, 2022
  • 11:00

PIAC to focus on growing membership in 2022, says new board member

The Pension Investment Association of Canada board is prioritizing a return to business as usual and the expansion of the association’s membership in 2022. The…

Canadian DB pensions’ average funding positions improved slightly in December: report

The average Canadian defined benefit pension plan saw improvements on a solvency and accountancy basis in December, according to LifeWorks Inc.’s latest monthly report. It…

  • By: Staff
  • January 11, 2022 January 12, 2022
  • 11:00

DB pensions offer significant cost savings over DC plans: report

Defined benefit pension plans offer substantial cost advantages over 401(k)-style defined contribution plans, according to a new report by the National Institute on Retirement Security.…

  • By: Staff
  • January 11, 2022 January 10, 2022
  • 09:00
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Trusteed pension funds’ assets valued at $2.14T in Q2: StatsCan

The market value of assets held by Canadian trusteed pension funds rose four per cent to $2.14 trillion at the end of the second quarter…

  • By: Staff
  • January 10, 2022 January 7, 2022
  • 09:00

HOOPP exchanges property portfolio for stake in new REIT

The Healthcare of Ontario Pension Plan is exchanging a property portfolio for a stake in a new real estate investment trust. Under the terms of…

  • By: Staff
  • January 6, 2022 January 6, 2022
  • 09:00