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Average Canadian DB pension plan returns 1.1% in Q2 2024: reports

The average Canadian defined benefit pension plan posted a median return of 1.1 per cent in the second quarter of 2024, according to a new…

  • By: Staff
  • August 7, 2024 August 5, 2024
  • 09:00

Nova Scotia Pension Services Corp. assets increase to $13.7BN in fiscal 2024

The Nova Scotia Pension Services Corp. — which administers the investment assets of the Public Service Superannuation Plan and the Teachers’ Pension Plan — reported…

  • By: Staff
  • August 5, 2024 August 1, 2024
  • 15:00
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Caisse invests $600M in Fiera Capital, BCI sells majority stake in Hayfin

The Caisse de dépôt et placement du Quebec is investing $600 million in Quebec-based asset management firm Fiera Capital. The transaction is part of the…

  • By: Staff
  • August 2, 2024 August 2, 2024
  • 13:00

What should employers know about Quebec’s pension legislation?

Businesses that are planning to establish themselves in Quebec by way of expansion or acquisition should be aware of some unique aspects of the province’s…

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

An article detailing how Canada’s exemplary pension regulatory system is helping to safeguard plans from mismanagement was the most-read story on BenefitsCanada.com this week. Here…

  • By: Staff
  • August 2, 2024 August 1, 2024
  • 09:00
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U.S. public pension plans’ funded ratio increasing to 80.6% in 2024: report

The estimated funded ratio of U.S. state and municipal pension plans is expected to increase to 80.6 per cent in 2024 due to the outperformance…

  • By: Staff
  • August 1, 2024 August 1, 2024
  • 15:00

Extending ‘25-and-out’ legislation could stabilize public sector pension plans’ maturity issues: expert

The federal government’s move to introduce legislation extending pension eligibility to frontline public safety and law enforcement workers after 25 years of service could help manage…

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Estimated funded status of 100 largest U.S. DB pension plans increased to 79.9% in June: report

The estimated funded status of the 100 largest U.S. public defined benefit pension plans rose to 79.9 per cent in June, from 79.4 per cent…

  • By: Staff
  • July 31, 2024 July 31, 2024
  • 15:00

Culture of compliance prevents mismanagement, conflict at Canadian pension funds: expert

A culture of prudent investment standards and guideline compliance is keeping Canadian pension funds safe from some of the unique risk management cases seen abroad,…

AIMCo backing offshore wind energy acquisition, Caisse investing in data centre project expansion

The Alberta Investment Management Corp. is backing an acquisition deal that will see Singapore-based Cyan Renewables buy Australian offshore marine services provider MMA Offshore Ltd.…

  • By: Staff
  • July 26, 2024 July 26, 2024
  • 12:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on the City of Philadelphia’s return-to-office mandate was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources,…

  • By: Staff
  • July 26, 2024 July 25, 2024
  • 09:00

OPB making key appointments to executive team as part of leadership transition strategy

The Ontario Pension Board is making two senior executive appointments as part of its management transition plan. The organization is appointing Marc Rondeau (pictured right)…

  • By: Staff
  • July 26, 2024 July 25, 2024
  • 06:05
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Jordan Fremont joining Stikeman Elliott as partner

Jordan Fremont is joining Stikeman Elliott LLP’s pensions and benefits group as a partner. His practice focuses on pensions, benefits and compensation plan design, as…

  • By: Staff
  • July 25, 2024 July 24, 2024
  • 09:00

Liquidity status guiding Canadian pension funds through near-term market volatility: report

Liquidity status is helping some of Canada’s biggest pension funds meet the challenges of a volatile investment market thanks to exceptional liquidity status, according to…

  • By: Staff
  • July 24, 2024 July 24, 2024
  • 15:00

DB pension plans boosting recruitment, retention in public safety industry: report

More than half (52) per cent of new public safety employee hires are expected to retire from a defined benefit pension plan, according to a…

  • By: Staff
  • July 24, 2024 July 23, 2024
  • 09:00

CPPIB appointing Priti Singh as senior managing director, chief risk officer

The Canada Pension Plan Investment Board is appointing Priti Singh (pictured) as senior managing director and chief risk officer. Singh, who most recently served as…

  • By: Staff
  • July 19, 2024 July 18, 2024
  • 15:00

Canadian green taxonomy plan could boost institutional investments: PIAC

The establishment of a green and transition taxonomy by the federal government will help provide the confidence and transparency that investors need to make decisions…

  • By: Staff
  • July 19, 2024 July 18, 2024
  • 09:00
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Canadian pension leaders urging sustainability regulator to modify new disclosure guidelines

In an open letter, leaders from Canada’s biggest pension funds are asking the Canadian Sustainability Standards Board to reconsider a two-year relief period granted to…

  • By: Staff
  • July 18, 2024 July 17, 2024
  • 09:00
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Average funded ratio of Canadian DB pension plans up 2% in Q2 2024: report

The funded ratio of the average Canadian defined benefit pension plan grew by two per cent during the second quarter of 2024 and nine per…

  • By: Staff
  • July 17, 2024 July 17, 2024
  • 15:00
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Interest rate cut boosts returns from short-term government bonds, credit: report

Returns from short-term Government of Canada bonds and credit are rising due to the easing of interest rates by the Bank of Canada last month,…

  • By: Staff
  • July 15, 2024 July 15, 2024
  • 15:00
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Ontario court rules employer not obligated to preserve past service benefits

Ontario’s small claims court has ruled that an employer’s letter, which described the benefits coverage that would exist following a divestment as ‘comparable’ to prior…

Caisse, CPPIB, Ontario Teachers’ invest in insurance company

CPPIB investing €550M in European digital solutions provider, Caisse buying Brazilian power transmission platform

The Canada Pension Plan Investment Board is investing €550 million in Europe-based team.blue to acquire a 20 per cent interest in the firm. The total…

  • By: Staff
  • July 12, 2024 July 11, 2024
  • 15:00

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

A story on how group insurers can help plan sponsors provide adequate coverage and ensure appropriate use of treatments for rare diseases was the most-read…

  • By: Staff
  • July 12, 2024 July 11, 2024
  • 09:00

Institutional investors considering AI need responsible rulebook: report

Putting responsible artificial intelligence principles in place is essential to enhancing risk-adjusted returns and positioning businesses for success, according to a new report by the Canada…

  • By: Staff
  • July 11, 2024 July 11, 2024
  • 15:00

FSRA CEO Mark White stepping down

Mark White, the chief executive officer of the Financial Services Regulator of Ontario, has been confirmed as chair of the Ontario Energy Board and will…

  • By: Staff
  • July 9, 2024 July 9, 2024
  • 15:00