News CIR News Page 19
CIR news

Latest news in CIR News

AI holds uncapped potential for pension plan sponsors’ administration, communications: expert

While pension plan sponsors are still in the early days of exploring how artificial intelligence solutions could help automate maintenance tasks, they’re exploring the various…

U.S. pension risk transfer sales increased 39% in Q3 2023: report

U.S. pension risk transfer sales increased by 39 per cent during the third quarter of 2023, according to a report by LIMRA. It found single…

  • By: Staff
  • January 8, 2024 January 6, 2024
  • 09:00

Median solvency ratio of Canadian DB pension plans declines in Q4 2023: reports

The median solvency ratio of Canadian defined benefit pension plans declined in the fourth quarter of 2023, according to reports by Mercer and Aon. Mercer’s…

  • By: Staff
  • January 5, 2024 January 5, 2024
  • 09:00

Office REITs suffer another tough year in 2023, but opportunities may still arise for long-term investors

It’s poised to be another challenging year for office real estate investment trusts, but some money managers say there could be decent entry points in…

Caisse buys stake in Brazilian energy firm subsidiary, backs Quebec-based bakery

The Caisse de dépôt et placement du Québec is buying a 15 per cent stake in a subsidiary of Brazil-based renewable energy company ENGIE Brasil…

  • By: Staff
  • January 4, 2024 January 4, 2024
  • 11:00
115393398-123rf

MPs calling on government to bar pension funds from investing in Chinese companies linked to human rights abuses

The House of Commons Special Committee studying Canada-China relations is calling on the federal government to bar Canadian pension funds from investing in Chinese companies…

  • By: Staff
  • January 4, 2024 January 3, 2024
  • 10:00
Copyright_Mariia Demchenko_123RF

Expert panel: What does 2024 hold in store for the pension industry?

With the arrival of the new year, there are three topics that will be important for pension plan sponsors, members and other industry stakeholders in…

HOOPP extending business partnership with Northern Trust

The Healthcare of Ontario Pension Plan is renewing its relationship with wealth management firm Northern Trust Corp. as its asset servicing provider. The money manager…

  • By: Staff
  • January 2, 2024 January 2, 2024
  • 11:00
Copyright_ tuk69tuk_123RF

Prioritization of energy stocks over decarbonization goals a barrier to ESG investment metrics: survey

Nearly two-thirds (63 per cent) of institutional investors believe the emphasis of energy stocks over decarbonization goals is the biggest detractor of the progress surrounding…

  • By: Staff
  • January 2, 2024 January 2, 2024
  • 09:00
Copyright_Irochka_123RF

Caisse backs engineering company acquisition, Ontario Teachers’ sells stake in snack food manufacturer

The Caisse de dépôt et placement du Québec is investing $12 million to facilitate the acquisition of Vancouver-based CWA Engineers Inc. by engineering consulting firm…

  • By: Staff
  • December 21, 2023 December 20, 2023
  • 11:00

Top 10 investment stories of 2023

A story on how the federal government is considering ending Canada’s ’30 per cent rule’ was the most-read investment story on BenefitsCanada.com this year. Here are…

  • By: Staff
  • December 21, 2023 December 21, 2023
  • 09:00

Rising bond yields, frontier markets top of mind for institutional investors in 2024: expert

The progression of bonds and frontier markets over the long term will be top of mind for institutional investors in the coming year, according to…

OPTrust aiming to cut 30% of carbon footprint from portfolio by 2030

The OPSEU Pension Trust is targeting a 30 per cent reduction in its carbon footprint by 2030, according to its new climate change report. It…

  • By: Staff
  • December 19, 2023 December 18, 2023
  • 11:00
Copyright_Romolo Tavani_123RF

Can IBM’s retirement benefit account revive the traditional DB pension plan?

After closing its defined benefit pension plan nearly two decades ago and replacing it with a less riskier defined contribution plan, International Business Machines Corp.…

Top 10 pension stories of 2023

A survey on the retirement readiness of Canadian workers and a looming retirement crisis was the most-read pension story on BenefitsCanada.com this year. Here are…

  • By: Staff
  • December 18, 2023 December 18, 2023
  • 09:00
Copyright_rawpixel_123RF

Financial market regulators establish committee to implement total cost reporting plan

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…

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

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…

Worker demand for DB pension plans could increase as financial concerns continue: CAAT

A resurgence of defined benefit pension plans in Canada could be on the horizon, according to a report from the Colleges of Applied Arts and…

Copyright_Pedro Antonio Salaverrìa Calahorra_123RF

Caisse invests in Quebec-based telecommunications firm, AIMCo backs Asian green energy fund

The Caisse de dépôt et placement du Québec is investing in telecommunications provider Cogeco Communications Inc. The investment organization will now hold $350 million worth…

  • By: Staff
  • December 14, 2023 December 13, 2023
  • 11:00
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_millenius_123RF

Alberta government rejects amendments to CPP exit legislation

Premier Danielle Smith’s government has rejected a proposal that would have compelled it to respect the results of a referendum on whether Alberta should quit…

U.S. institutional investors paid $1.5 billion in management fees in 2022: report

U.S. institutional investors paid $1.5 billion in management fees in 2022, according to a new report by investment consulting firm Callan. The report, which analyzed mandates…

  • By: Staff
  • December 8, 2023 December 8, 2023
  • 15:00
94526242_l-1

Half of global institutional investors believe recession is inevitable: survey

About half (51 per cent) of global institutional investors believe a recession is inevitable, a sentiment that runs strongest in the U.K. (67 per cent)…

  • By: Staff
  • December 7, 2023 December 6, 2023
  • 11:00