In its 2024 budget on Tuesday, the Ontario government reiterated its support for a provincial infrastructure bank to leverage public sector pension investments. The bank,…
A new $185 billion plan by Hydro-Quebec to build out increased power capacity is gaining attention from institutional investors, according to a report by Bloomberg.…
The New York State Common Retirement Fund is restricting its exposure in eight integrated oil and gas companies, including divesting a portion of its investment…
Tim Deacon is leaving his role as chief financial officer at the Ontario Teachers’ Pension Plan for a leadership role at another financial institution, effective…
The California Public Employees’ Retirement System is increasing its investments in private market assets to maximize returns from its highest-performing asset classes. The pension fund…
The Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan are reinvesting in an infrastructure trust sponsored by the National Highways Authority of…
An article on how transparency and communication are key for employers planning to pay out executive bonuses was the most-read story on BenefitsCanada.com. Here are…
The Ontario Teachers’ Pension Plan is reporting a net return of 1.9 per cent for 2023, according to its latest annual report. The investment organization…
Ford of Canada’s recent transfer of $923 million in pension liabilities to Desjardins Group, RBC Insurance and Sun Life Assurance Co. of Canada augurs well…
The Caisse de dépôt et placement du Québec is appointing N. Venkatram as managing director of its India division, effective April 1, 2024. Venkatram, who…
The total value traded in Canada’s equities marketplace reached $4.2 trillion as at Dec. 31, 2023, a 10 per cent decline from the previous 12-month…
The Ontario Teachers’ Pension Plan’s late-stage venture and growth investment arm is investing $80 million in India-based financial software company Perfios. The company serves the banking,…
The British Columbia Investment Management Corp. is appointing Chris Weitzel as senior managing director of its fixed income and foreign exchange team, effective March 11,…
While U.S. institutional investors have slightly increased their allocations to diverse-managed funds, more than 95 per cent of their capital commitments remain concentrated in non-diverse…
User personalization and an ease-of-use approach are key in the adoption of artificial intelligence technology tools by pension plan sponsors, according to a new report…
The Canada Pension Plan Investment Board is selling a 49 per cent stake in a portfolio of China real estate projects for nearly $235 million. The…
Amazon.com is facing a lawsuit that claims the company violated U.S. federal law by using nearly US$350 million in forfeited 401(k) funds to offset the company’s…
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…
The keynote session at Benefits Canada’s 2024 Defined Contribution Investment Forum warned that the failure to plan for the ‘boomer bulge’ is affecting private and…
Expected economic headwinds in Canada won’t prevent strong results from equities and fixed income in 2025, according to a new report by the Royal Bank…
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…
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…
With the start of a new year, there are several developments and trends that will likely impact Canadian pension plan sponsors in 2025. Implementation of…
The OPSEU Pension Trust has reduced its financed emissions intensity by 11 per cent when compared to 2022, according to the investment organization’s latest climate…
An article on the federal government’s decision to transfer a $1.9 billion public pension surplus to general revenue was the most-read story on BenefitsCanada.com this…
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…
Responsible investments account for 71 per cent of the total assets under management by Canadian institutional investors, according to a new report from the Responsible…
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…
While it doesn’t contain an exact figure, the federal government’s official rebuttal to a 2023 report — which argued Alberta is entitled to more than…
More than half (59 per cent) of global institutional investors have yet to discuss artificial intelligence with their managers, according to a new survey from…
Investment management fees for open-end real assets funds can reach as high as 20 per cent, while median fees cost institutional investors either 10 per…
The Joint Forum of Financial Market Regulators is establishing a committee to help implement its total cost reporting plan. The plan aims to increase investor…
More than a quarter (28 per cent) of male employees in the U.S. report a reduction in their stress levels due to their employer’s financial…
A report commissioned by the Alberta government estimates the province would be entitled to more than half the assets of the Canada Pension Plan if it…
The Financial Services Regulatory Authority of Ontario is closely monitoring administrative risk and pension plan sponsors’ geopolitical concerns in 2025, says Andrew Fung, the organization’s…
Evolving expectations, a shifting interest rate environment and the need to manage increasingly large asset bases for performance and for national and societal impact are…
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…
With defined contribution pension plan assets expected to double in the near term and members now using target-date funds at “unprecedented” rates, plan sponsors need…
The majority of Canadian defined contribution plan members are invested in the appropriate target-date fund vintage and those who are may be better prepared for…
Pension plan members’ primary concerns about their golden years are whether they’ve saved enough money to live their dream retirement, whether those funds will last…