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Expert panel: Building a more effective pension system for Canada’s private sector workers

According to Statistics Canada, 80 per cent of Canadian public sector workers benefit from a respectable, life-long pension. However, for many private sector employees the…

Ottawa to remove 30% investment cap for Canadian pension funds

Finance Minister Chrystia Freeland says today’s fall economic statement will remove the cap that currently restricts Canadian pension funds from owning more than 30 per…

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Top 5 HR, benefits, pension and investment stories of the week

An article about the National Institute on Ageing’s report on missing pension plan members was the most-read story on BenefitsCanada.com this past week. Here are the…

  • By: Staff
  • December 13, 2024 December 12, 2024
  • 09:00

Head to head: Should Canadian pension funds be incentivized to invest domestically?

While both experts point to the obligation of the pension promise, one argues that many pension funds are already overweight in Canadian allocations, while the…

Making sustainable investments count at five New York City pension funds

Brad Lander is advocating for public pension funds to enforce their responsible investment mandates even if that pits them against their partners. As New York…

OMERS facing first governance review in more than 10 years

An independent review of the Ontario Municipal Employees’ Retirement System will examine the unique governance structure of the investment organization. The current structure of the…

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CPPIB selling stake in European real estate joint venture, OMERS buying majority stake in U.S. IT company

The Canada Pension Plan Investment Board is selling a portion of its stake in a real estate joint venture to its partner Unibail-Rodamco-Westfield SE. The…

  • By: Staff
  • December 11, 2024 December 6, 2024
  • 15:00
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PBSA amendments must clarify role of pension disclosure requirements: PIAC

Amendments to the federal Pension Benefits Standards Act must go beyond reporting transparency and clarify how additional disclosure requirements help monitor the health of Canadian…

  • By: Staff
  • December 10, 2024 December 6, 2024
  • 09:00

World’s 100 largest asset owners’ AUM up 12.3% in 2023: report

The assets under management of the world’s 100 largest asset owners totalled US$26.3 trillion as of the end of 2023, up 12.3 per cent from…

  • By: Staff
  • December 5, 2024 December 4, 2024
  • 09:00

Global pension plan sponsors’ assets reach US$63.1 trillion in 2023, offset by decrease in equities: report

While global pension plan sponsors’ assets grew by 10 per cent to reach US$63.1 trillion in 2023, this value is still five per cent lower…

  • By: Staff
  • December 4, 2024 December 3, 2024
  • 09:00
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CPPIB investing $1 billion in Korea data centres, Ontario Teachers’ buys Paris-based logistics portfolio

The Canada Pension Plan Investment Board is investing $1 billion in Korea-based data centres through its joint venture with the Pacific Asset Management Co. “The…

  • By: Staff
  • November 29, 2024 November 29, 2024
  • 14:00
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Canadian pension income adding $24.5BN to federal coffers in 2025: report

Workplace pension income will add $24.5 billion to federal coffers and $16.8 billion to the provinces in 2025, according to a new report by the…

  • By: Staff
  • November 29, 2024 November 28, 2024
  • 09:00
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Average funded status of Ontario DB pension plans at 121% in Q3 2024: report

The average funded position of defined benefit pension plans in Ontario was 121 per cent in the third quarter of 2024, down just two per…

  • By: Staff
  • November 28, 2024 November 27, 2024
  • 09:00

More clarity, flexibility needed in solvency reserve accounts for federally regulated DB pension plans: ACPM

An amendment to the federal Pension Benefit Standards Regulations that would establish solvency reserve accounts for federally regulated defined benefit pension plans requires additional clarity…

  • By: Staff
  • November 27, 2024 November 26, 2024
  • 09:00

BCFSA appointing Tolga Yalkin as CEO, CSO

The British Columbia Financial Services Authority is appointing Tolga Yalkin as chief executive officer and chief statutory officer, effective Jan. 13, 2025. Yalkin succeeds Blair Morrison and…

  • By: Staff
  • November 26, 2024 November 27, 2024
  • 15:00

Top 5 HR, benefits, pension and investment stories of the week

An article on how a national drug pooling program would impact employer-sponsored benefits plans was the most-read story on BenefitsCanada.com this past week. Here are…

  • By: Staff
  • November 22, 2024 November 21, 2024
  • 09:00

DB pension plan sponsors facing “bottleneck” in annuities market: expert

Increased deal-making in the Canadian annuities market is adding pressure to defined benefit plan sponsors seeking to de-risk their plans, says Jason Vary, president of…

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Canadian pension funds continue to land top marks for transparency: report

For the fourth year in a row, five Canadian pension funds are among the most transparent in the world, according to the global pension transparency…

  • By: Staff
  • November 18, 2024 November 18, 2024
  • 14:30
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U.K. plans to create pension ‘megafunds’ with aim of unlocking US$100 billion for investment

British Treasury chief Rachel Reeves said Thursday the government planned to merge dozens of pension funds with the aim of unlocking tens of billions of…

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Top 5 HR, benefits, pension and investment stories of the week

An article on incoming changes to Nova Scotia’s provincial Pension Benefits Act was the most-read story on BenefitsCanada.com this past week. Here are the top five…

  • By: Staff
  • November 15, 2024 November 14, 2024
  • 09:00

2024 Top 40 Money Managers Report: To divest or engage?

With 15 different client organizations, including nine public sector pension plans, the Alberta Investment Management Corp. has opted to engage, rather than divest, from certain…

  • By: Blake Wolfe
  • November 15, 2024 November 22, 2024
  • 08:57
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38% of U.S. institutional investors incorporating ESG into investment decisions: survey

Roughly two-fifths (38 per cent) of U.S. institutional investors say they incorporate environmental, social and governance factors into investment decisions, according to a new survey…

  • By: Staff
  • November 14, 2024 November 12, 2024
  • 11:00
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Ratio of asset value to benefit obligation up 1.2% for Canadian DB pension plans in Q3 2024: report

The ratio of the market value of assets to the projected benefit obligation for a hypothetical benchmark plan changed little for global defined benefit pension…

  • By: Staff
  • November 12, 2024 November 7, 2024
  • 11:00

Canadian pension risk transfer sales decrease to $2.1BN in Q3 2024: report

The market volume of annuity purchases by Canadian defined benefit pension plan sponsors reached an estimated $2.1 billion in the third quarter of 2024, a…

  • By: Staff
  • November 7, 2024 November 8, 2024
  • 11:00
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How are political tensions between Canada, India impacting institutional investors?

While political tensions have recently flared between Canada and India, institutional investors are unlikely to adjust their capital allocation to the country, says Partha Mohanram,…