CIR news

Latest news in DB

SHEPP diversifying portfolio with alternatives, less dependence on equities

Before Janet Jule joined the Saskatchewan Healthcare Employees’ Pension Plan as its chief investment officer in 2015, the pension plan sponsor started adding a wider…

Copyright_millenius_123RF

BCFSA’s climate risk guidelines could create burden on smaller pension plans, says PIAC

The Pension Investment Association of Canada is calling on the B.C. Financial Services Authority to reconsider implementing new standards for climate-related risks analysis guidelines, noting it…

  • By: Staff
  • December 14, 2023 December 13, 2023
  • 09:00
123rf_46725404_NaPhotos

Funded ratio of largest U.S. DB pension plans dipped to 103% in November: report

The funded ratio of the 100 largest corporate defined benefit pension plans in the U.S. dipped from 104 per cent at the end of October to…

  • By: Staff
  • December 12, 2023 December 12, 2023
  • 15:00

Study finds healthier funding status for DB plans raising interest in LDI strategy reviews

U.S.-based defined benefit pension plan sponsors are increasingly looking to assess their liability-driven investment strategies as they reach fully funded statuses, according to a new…

Copyright_andreypopov_123RF

Expert panel: How interest rates impact DB pension plans

Interest rate levels are critically important to the financial health of defined benefit pension plans. Many DB plans are in their best financial positions in…

Ontario Teachers’ appointing Pierre Cherki executive managing director of real estate

The Ontario Teachers’ Pension Plan is appointing Pierre Cherki as executive managing director if its new in-house real estate asset group, effective Jan. 22, 2024. In the new role,…

  • By: Staff
  • December 6, 2023 December 6, 2023
  • 15:00

53% of world’s largest pension funds say recession is top concern: survey

More than half (53 per cent) of the world’s largest pension funds say the prospect of a global recession is their No. 1 short-term concern…

Copyright_aberheide_123RF

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

An article on how Desjardins Insurance is supporting employee financial wellness was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular…

  • By: Staff
  • December 1, 2023 November 30, 2023
  • 09:00

World’s 100 largest asset owners’ AUM down 9% in 2022: report

The value of the total assets under management for the world’s 100 largest asset owners declined nine per cent to US$23.4 trillion as of Dec.…

  • By: Staff
  • November 30, 2023 November 30, 2023
  • 09:00

OPB appointing Darwin Bozek as president, chief pension officer

The Ontario Pension Board is appointing Darwin Bozek as president and chief pension officer, effective Feb. 1, 2024. He joins the OPB from the Alberta…

  • By: Staff
  • November 28, 2023 November 28, 2023
  • 09:00
Copyright_Mikhail Tsikhanovich_123RF

Ontario DB pension plans’ average solvency ratio increased to 117% in Q3 2023: FSRA

The average projected solvency ratio for Ontario defined benefit pension plans increased slightly to 117 per cent in the third quarter of 2023, with more than…

  • By: Staff
  • November 24, 2023 November 23, 2023
  • 09:00

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

An article on the federal government’s 2023 fall economic statement was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news…

  • By: Staff
  • November 24, 2023 November 23, 2023
  • 09:00
ACPM calling on feds to streamline pension overpayment recovery

Removal of ‘30% rule’ could boost investment, reduce private equity fees for Canadian pension funds

If the federal government scraps its rule restricting Canadian pension funds from holding more than 30 per cent of the voting shares of investee corporations, pension…

Copyright_hin255_123RF

Real return bonds support pension risk management, provide liability data: ACPM

The Association of Canadian Pension Management is urging the federal government to reverse its position on the cessation of real return bonds and open a…

  • By: Staff
  • November 23, 2023 November 22, 2023
  • 09:00
Copyright_marchmeena_123RF

Competitive pension risk transfer costs increase from 101.1% to 101.9% in October: report

The estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process increased from 101.1 per cent of a plan’s accounting…

  • By: Staff
  • November 22, 2023 November 22, 2023
  • 15:00
Copyright_marcbruxelle_123RF

Feds consider end of ‘30% rule’ for pensions, propose EI adoption benefit: fall economic statement

In its 2023 fall economic statement, the federal government said it will consider removing the rule that restricts Canadian pension funds from holding more than…

  • By: Staff
  • November 22, 2023 November 22, 2023
  • 09:00
Copyright_dmitrydemidovich_123RF

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

An article on how the Royal Bank of Canada is marking Financial Literacy Month was the most-read story on BenefitsCanada.com over the last week. Here are…

  • By: Staff
  • November 17, 2023 November 16, 2023
  • 09:00
Copyright_singkham_123RF

Contributions to B.C. pension plans increased by 10% in 2022: report

Contributions to British Columbia-based defined benefit and defined contribution pension plans increased by 10 per cent in 2022, while contributions to target-benefit plans increased by…

  • By: Staff
  • November 17, 2023 November 16, 2023
  • 09:00

TTC Pension Plan on track to remove surprises from risk assessment

In the institutional investment sector, risk management means thinking about a lot of doom and gloom, but for Danny Ip, the job is more about…

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

An article on Fidelity Canada’s win in the Future of work strategy category at Benefits Canada‘s 2023 Workplace Benefits Awards was the most-read story on BenefitsCanada.com over the…

  • By: Staff
  • November 10, 2023 November 9, 2023
  • 09:00

OSFI’s draft pension cybersecurity standard may lead to duplication, increased risk: ACPM

The Office of the Superintendent of Financial Institutions’ proposed cybersecurity incident reporting standard could unintentionally lead to duplication and increased risk if it doesn’t reflect differences in…

  • By: Staff
  • November 9, 2023 November 9, 2023
  • 09:00

PIAC urging feds to open consultation on cessation of real return bonds

The Pension Investment Association of Canada is urging the federal government to open a comprehensive consultation regarding the cessation of real return bonds. In an open…

  • By: Staff
  • November 8, 2023 November 7, 2023
  • 09:00

Canadian DB pension plans return -1.99% in third quarter of 2023: report

Canadian defined benefit pension plans generated a median return of negative 1.99 per cent in the third quarter of 2023, according to the BNY Mellon…

  • By: Staff
  • November 7, 2023 November 7, 2023
  • 09:00

Ontario Infrastructure Bank to leverage public sector pension investments

The Ontario government is launching an infrastructure bank that will leverage investments by public sector pension plans and other Canadian institutional investors. In its fall…

  • By: Staff
  • November 3, 2023 November 2, 2023
  • 09:00
130710038-123RF

Average Canadian DB pension plan returns -4% in Q3 2023: reports

The average Canadian defined benefit pension plan returned negative four per cent in the third quarter of 2023, according to two new reports. The RBC…

  • By: Staff
  • November 2, 2023 November 1, 2023
  • 09:00