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TTC pension plan appointing Danny Ip director of investment risk and analytics

The TTC Pension Plan is appointing Danny Ip as its first director of investment risk and analytics. In the newly created role, Ip is responsible…

  • By: Staff
  • July 19, 2022 July 19, 2022
  • 12:45
How commuted-value calculation changes will impact lump-sum DB pension payments

Canadian DB pension plan assets declined 5.4 per cent in June: report

The value of a typical Canadian defined benefit pension plan’s assets declined in June, according to LifeWorks Inc.’s latest monthly report. An investment portfolio designed…

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B.C. public sector pension plans schooling trustees with plan-specific curriculum

Four of British Columbia’s public sector pension plans are educating trustees with a new plan-specific curriculum. The curriculum — a collaboration between the College Pension…

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CAPSA’s risk management guideline committee seeking members for industry working group

The Canadian Association of Pension Supervisory Authorities’ risk management guideline committee is seeking nominations for an industry working group. The committee will draw on the group…

  • By: Staff
  • July 14, 2022 July 13, 2022
  • 09:00
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Cryptocurrency plunge a cautionary tale for U.S. public pension funds

When the Houston Firefighters Relief and Retirement Fund bought $25 million in cryptocurrencies with the fund’s chief investment officer touting their potential, retired fire Capt.…

2022 Pension Leadership Awards opens for entries

The Canadian Investment Review is now accepting nominations for the 2022 Pension Leadership Awards. The third annual Pension Leadership Awards will celebrate the organizations and individuals…

  • By: Staff
  • July 12, 2022 July 12, 2022
  • 12:00

U of T pension assets grew by 4.7 per cent in the first half of 2021: UTAM report

The pension plan for the faculty and staff of the University of Toronto grew from $6.3 billion to $6.6 billion in the first six months of…

  • By: Staff
  • July 5, 2022 July 8, 2022
  • 12:15
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Canadian DB plans’ median solvency ratio increases to 109% in Q2: report

Despite year-to-date asset losses and historically high levels of inflation, most Canadian defined benefit pension plans are reporting increased funded positions in the second quarter…

  • By: Staff
  • July 5, 2022 July 4, 2022
  • 09:00
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French election results scuttle Macron’s hopes for pension reform

French president Emmanuel Macron’s efforts to reform his country’s pension system have been set back by the results of divisive national elections. During his campaign…

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Nova Scotia’s PSSP returns 5.56% for fiscal year

The Nova Scotia Public Service Superannuation Plan generated net returns of 5.56 per cent during its latest fiscal year, which ended on March 31, 2022.…

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Higher long-term bond yields lowering annuity purchase costs for DB pension plan sponsors: expert

Higher long-term bond yields driven by rising interest rates are lowering the cost of annuity purchases for defined benefit pension plans, says Mary Kate Archibald,…

Transition to low carbon economy highlighting climate risks for pension plans: CAPSA

The potential impact of a disorderly transition to a low carbon economy is a top factor driving financial market regulators to accelerate and focus their…

  • By: Staff
  • June 27, 2022 June 24, 2022
  • 09:00
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Top 5 HR, benefits and pension stories of the week

An article on Stelco Inc.’s $1.3 billion annuity buy-in for one of its defined benefit pension plans was the most-read story on BenefitsCanada.com over the…

  • By: Staff
  • June 24, 2022 June 23, 2022
  • 09:00

How to prepare pension portfolios for persistently higher inflation: CPBI session

There are a lot of reasons to believe financial markets will be very different in the next 10 to 20 years than what pension funds…

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No need for separate OSFI culture risk management guideline, says CIA

Culture risk management can be enhanced within existing risk management frameworks, says the Canadian Institute of Actuaries, adding it doesn’t see a need for a…

  • By: Staff
  • June 22, 2022 June 21, 2022
  • 09:00

Trusteed pension funds’ assets valued at $2.27TN in Q4: Stats Can

The market value of assets held by Canadian trusteed pension funds increased 4.2 per cent to $2.27 trillion in the fourth quarter of 2021, up from…

  • By: Staff
  • June 21, 2022 June 21, 2022
  • 09:00
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ACPM provides feedback on proposed amendments to pension accounting standards

The Association of Canadian Pension Management is providing feedback on the Accounting Standards Board’s proposed amendments to the Chartered Professional Accountants of Canada’s handbook, including…

  • By: Staff
  • June 16, 2022 June 15, 2022
  • 09:00
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CAPSA seeking feedback on risk management guidelines

The Canadian Association of Pension Supervisory Authorities is seeking feedback on three risk management guidelines. The guidelines will cover pension plans’ use of leverage, cyber…

  • By: Staff
  • June 15, 2022 June 14, 2022
  • 09:00

Average solvency position of Canadian DB pension plans improved in May: report

The average Canadian defined benefit pension plan saw improvements in its solvency position in May, according to LifeWorks Inc.’s latest monthly report. An investment portfolio…

  • By: Staff
  • June 14, 2022 June 14, 2022
  • 12:30

ICPM appointing Sebastien Betermier as next executive director

The International Centre for Pension Management is appointing Sebastien Betermier as its next executive director. Betermier, who is currently an associate professor of finance at…

  • By: Staff
  • June 9, 2022 June 8, 2022
  • 11:00
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HOOPP unveils updated plans to reduce emissions in real estate portfolio

The Healthcare of Ontario Pension Plan is planning to reduce the greenhouse gas emissions of its $20 billion real estate portfolio. According to a new…

  • By: Staff
  • June 7, 2022 June 7, 2022
  • 12:30
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Expert panel: Is risk management the new frontier in pension governance?

The importance of risk management isn’t new for the majority of defined benefit pension plan sponsors and administrators. The impact of long-term interest rates, market…

Pension plan sponsors uncertain about balancing ESG factors, fiduciary responsibilities: ACPM

Defined benefit pension plans and defined contribution pension plans are uncertain about how to incorporate environmental, social and governance issues into their investment processes in…

  • By: Staff
  • June 2, 2022 June 2, 2022
  • 12:34
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Canadian pension annuity transfers for Q3, Q4 2021 totalled record $6.6BN: report

The Canadian pension risk transfer market registered about $6.6 billion in annuity sales in the second half of 2021, far exceeding the activity of any…

  • By: Staff
  • June 2, 2022 June 2, 2022
  • 09:00

Canadian pension funds calling on Amazon to review dealings with unions

Several of Canada’s largest pension funds have backed a proposal requesting that Amazon.com Inc. review how its actions against ongoing union organizing efforts align with…

  • By: Staff
  • May 31, 2022 May 31, 2022
  • 12:30