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…
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…
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…
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…
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,…
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…
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…
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.…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
While many institutional investors participate in class action lawsuits against investee companies to recover assets lost due to malfeasance, others do so to be activists,…