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New York City pension funds divesting $4B from fossil fuels

Ivanhoé Cambridge extending News Corp. lease, BCI-backed insurer securing major investor

The real estate arm of the Caisse de dépôt et placement du Québec is extending a lease to a major media organization. According to the…

  • By: Staff
  • January 5, 2023 January 5, 2023
  • 13:34

DB plan sponsors urged to reconsider asset allocations amid interest rate uncertainty: expert

The uncertainty about the direction interest rates will move in 2023 means defined benefit pension plan sponsors should be reconsidering their asset allocation strategies, says…

CPPIB appointing Kristen Walters as senior managing director, chief risk officer

The Canada Pension Plan Investment Board is appointing Kristen Walters as senior managing director and chief risk officer. In the role, Walters will be responsible…

  • By: Staff
  • January 5, 2023 January 5, 2023
  • 12:00

Canadian DB pension plan solvency up in 2022 while assets lost 15.6%: report

The aggregate funded ratio for Canadian defined benefit pension plans increased from 96.9 per cent to 100.8 per cent during 2022, according to Aon’s latest…

  • By: Staff
  • January 5, 2023 January 4, 2023
  • 09:00

My Take: Support tools important when bringing employees back to the workplace

Over the past year, a number of employers have mandated that employees return to the physical office, citing the need for in-person collaboration and social…

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Expert panel: DB pension plan sponsors facing challenges, opportunities in 2023

Similar to 2022, the coming year will present both challenges and opportunities for defined benefit pension plan sponsors, with the rewards going to plan sponsors…

Meridian supporting employee development through corporate giving program

Meridian Credit Union Ltd. is supporting local communities through its employee giving program. The organization’s year-end giving campaign, which launched Nov. 29 to coincide with…

  • By: Staff
  • January 4, 2023 January 4, 2023
  • 15:00

My Take: Tackling decumulation today will lead to retirement-ready workers tomorrow

For some Canadians, the term pension may still conjure images of a secure stash of money guaranteed to ensure a comfortable lifestyle in retirement. I…

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Expert panel: Employers embracing DEI to overcome labour shortages in 2023

Amid an ongoing labour shortage, employers of all sizes and sectors are increasingly embracing diversity, equity and inclusion. A recent Statistics Canada report found, as…

Ontario Teachers’ backing auto insurance merger, pension plans leap on new BMO equity

The Ontario Teachers’ Pension Plan is providing an equity injection to help finance the acquisition of an automotive financing and insurance company. APCO Holdings, in…

  • By: Staff
  • January 3, 2023 January 3, 2023
  • 13:45

Canadian DB pension plan solvency ratios up 10% in 2022: report

The average solvency ratio of Canadian defined benefit pension plans grew by 10 per cent in 2022, according to a new report by Mercer Canada.…

  • By: Staff
  • January 3, 2023 January 3, 2023
  • 13:00

75% of employers expecting hiring challenges in 2023: survey

Three-quarters (75 per cent) of Canadian employers say they expect to face hiring challenges in 2023, according to a new survey by the Harris Poll…

  • By: Staff
  • January 3, 2023 January 3, 2023
  • 09:00
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Use of custom TDFs increasing among U.S. DC pension plans: report

U.S. defined contribution pension plan sponsors are increasingly offering custom target-date funds, according to a new report by the Defined Contribution Institutional Investment Association. The…

  • By: Staff
  • January 3, 2023 January 3, 2023
  • 09:00

Ford, Lowes among employers pulling back from DEI policies

Ford Motor Co. and Lowe’s Companies Inc. have joined the ranks of companies that have pulled back on diversity, equity and inclusion policies while facing…

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

An article on Citigroup Inc.’s new parental and caregiver leave programs for U.S. employees was the most-read story on BenefitsCanada.com this past week. Here are the…

  • By: Staff
  • August 30, 2024 August 29, 2024
  • 09:00

68% of Canadian hiring managers reporting higher worker productivity in 2024: survey

More than two-thirds (68 per cent) of Canadian hiring managers are reporting an increase in employee productivity compared to last year, according to a new…

Ontario’s target-benefit framework too prescriptive, could lead to increased plan costs: ACPM

Ontario’s proposed regulatory framework for target-benefit pension plans includes requirements that are more prescriptive than other jurisdictions and could result in additional costs and reduced…

  • By: Staff
  • August 28, 2024 August 27, 2024
  • 15:00

AIMCo returns 5.4% in first half of 2024, driven by public equities

The Alberta Investment Management Corp. is reporting a net return of 5.4 per cent for the first half of 2024. During the six-month period ending…

  • By: Staff
  • August 28, 2024 August 28, 2024
  • 15:00

U.K. looking to Canada’s Maple 8 for inspiration in public pension reform: report

U.K. Chancellor Rachel Reeves met with some of Canada’s biggest public sector pension plans this month, as the country looks to reform its public pension…

  • By: Staff
  • August 26, 2024 August 26, 2024
  • 15:00