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Latest news in DB

ICPM appointing Julie Mallory to research committee

The International Centre for Pension Management is appointing Julie Mallory, managing director of portfolio strategy and investment risk at Ontario Power Generation Inc., to its…

  • By: Staff
  • July 11, 2023 July 11, 2023
  • 12:30

Canada Post pension plan down 6.7% in 2022

Canada Post Corp.’s defined benefit pension plan’s assets declined 6.7 per cent in 2022, according to its  latest annual report “2022 was a turbulent year…

  • By: Staff
  • July 11, 2023 July 11, 2023
  • 09:00

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

An article on how Scotiabank is aligning its benefits offerings across global markets was the most-read story on BenefitsCanada.com over the last week. Here are…

  • By: Staff
  • July 7, 2023 July 6, 2023
  • 09:00

Canada Post appointing Theva Naidoo as director of pension fund investments, external equities

The Canada Post Corp. pension plan is appointing Thavanesan Naidoo as director of pension fund investments and external equities. Naidoo, who has more than 30…

  • By: Staff
  • July 6, 2023 July 6, 2023
  • 12:30

Median solvency ratio of Canadian DB pensions up in Q2: reports

Canadian defined benefit pension plans’ median solvency ratio increased in the second quarter of 2023, according to a new report by Mercer. The report, which looked…

  • By: Staff
  • July 6, 2023 July 5, 2023
  • 09:00
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TTC Pension Plan appointing Andy Greene as CIO, James Clarkson as CFO

The Toronto Transit Commission Pension Plan board is appointing Andy Greene as chief investment officer and James Clarkson as chief financial officer and treasurer. As CIO,…

  • By: Staff
  • July 4, 2023 July 4, 2023
  • 12:30

Canadian annuity prices show asymmetrical response to interest rate shifts: experts

Canadian annuity prices have an asymmetrical response to changing interest rates, making it more expensive to de-risk defined benefit pension plans shortly after rates rise,…

Pension investment organizations backing consolidated sustainability standards in joint statement

The leaders of 11 of Canada’s largest public sector pension investment organizations are calling on companies to adopt a new framework that would consolidate existing…

  • By: Staff
  • June 29, 2023 June 29, 2023
  • 12:30
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Ivanhoé Cambridge entering self storage partnership, Ontario Teachers’ backing telecom tower acquisition

The real estate arm of the Caisse de dépôt et placement du Québec is making its first investment in alternative industrial assets through a partnership…

  • By: Staff
  • June 27, 2023 June 27, 2023
  • 12:30

Leveraging the long-term perspective at Rexel North America

The current economic maelstrom, with its high inflation and interest rates, has left many institutional investors operating in uncharted territory — though not Rashid Maqsood,…

Canadian DB pension plan assets decline 0.6% in May: report

The funded position of a typical Canadian defined benefit pension plan fell slightly on a solvency basis and rose on an accounting basis in May,…

  • By: Staff
  • June 15, 2023 June 15, 2023
  • 12:30

Salvatore Iacono to succeed John Sullivan as Cadillac Fairview president, CEO

Salvatore Iacono will succeed John Sullivan as president and chief executive officer of Cadillac Fairview, the real estate arm of the Ontario Teachers’ Pension Plan,…

  • By: Staff
  • June 13, 2023 June 13, 2023
  • 12:30

Caisse underwriting bridge bonds, OMERS backing financial analytics platform

The Caisse de dépôt et placement du Québec is underwriting $75 million of bonds issued to finance a portion of the construction of a new…

  • By: Staff
  • June 13, 2023 June 13, 2023
  • 12:30

University Pension Plan’s assets declined 9.1% in 2022, led by public equities

The University Pension Plan posted 9.1 per cent losses in 2022, according to its annual report. During the year, the jointly sponsored defined benefit pension…

  • By: Staff
  • June 13, 2023 June 13, 2023
  • 09:00
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Saskatchewan’s pension and benefits administrator transitioning to not-for-profit model

Saskatchewan’s Public Employees Benefits Agency is transitioning to a not-for-profit corporation. The PEBA began pursuing the transition in 2021 at the request of the trustees…

HOOPP recognizes Canadian property managers for climate leadership

The Healthcare of Ontario Pension Plan is recognizing the property managers of nine Canadian buildings among the winners of its Leadership in Environmental Advancement Program…

  • By: Staff
  • June 6, 2023 June 6, 2023
  • 12:00

Coverage of the 2023 Global Investment Conference

On April 12-14, a group of defined benefit pension plan sponsors, asset managers and academics gathered at the Fairmont Chateau Whistler in British Columbia for…

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2023 GIC coverage: The good, the bad and the ugly sides of regime shifts

“Let me start by pointing out the obvious: the last few years have been exhausting,” said Mina Krishnan, multi-asset portfolio manager at Schroders, during a…

2023 GIC coverage: Overcoming liquidity challenges in private market allocations

“Investing in private markets comes with its fair share of challenges,” said Rémi Tétreault, director of client solutions at Trans-Canada Capital, during the Canadian Investment…

2023 GIC coverage: Institutional investors finding opportunities for high-yield in unlikely places

Institutional investors are entering a golden period ripe with opportunities in current global and emerging markets, said Karl Dasher, president of Polen Capital, during the Canadian…

2023 GIC coverage: How OPTrust is building resilient portfolios with help of external managers

When investing in external asset managers, pension funds are really investing in teams of people, according to Brandon Gill New, director and head of multi-strategy…

Franklin Templeton to acquire Putnam Investments

Franklin Templeton is entering into a definitive agreement to acquire Putnam Investments from Great-West Lifeco Inc. for about US$925 million. As part of the agreement,…

  • By: Staff
  • June 1, 2023 June 1, 2023
  • 15:00

ACPM urging Retraite Québec to increase flexibility in funding municipal, university DB pension plans

The Association of Canadian Pension Management is urging Retraite Québec to provide additional flexibility in the funding of municipal and university defined benefit pension plans. In…

  • By: Staff
  • May 29, 2023 May 29, 2023
  • 09:00

U.S. DB pension plan assets rise 4.47% in Q1 2023

U.S. defined benefit pension plans posted net returns of 4.47 per cent in the first quarter of 2023, according to a report from Investment Metrics…

  • By: Staff
  • May 23, 2023 May 23, 2023
  • 12:30