Governance-related resolutions are receiving more overall votes from defined contribution pension plan members, but environmental issues are more engaging on a vote-per-measure basis, according to…
The Alberta Teachers’ Retirement Fund said its new agreement with the Alberta Investment Management Corp. is aligning the best interests of both organizations, following several…
Amid the ongoing federal election campaign, the Liberal Party is promising to table legislation that would allow employers to request proof of a coronavirus vaccination…
The Alberta Investment Management Corp. has reached an investment management agreement with the Alberta Teachers’ Retirement Fund Board following a protracted period of negotiation. The…
A report from the Chicago Police Department Pension Board Accountability Group is accusing the management of the Policemen’s Annuity and Benefit Fund of Chicago of…
Phishing and ransomware attacks are among the top threats to pension plan sponsors and institutional investors by cyber criminals, according to Jennifer Williams, director of…
Board and executive-level efforts to integrate environmental, social and governance issues into pension plans’ investment strategies are frequently thwarted by unclear guidance from plan sponsors…
Broad support for regulating environmental, social and governance-themed investments in Canada has left the U.S. Securities and Exchange Commission playing catch-up with its northern neighbour,…
The Conservative Party is promising to create tax-free savings accounts that provide gig workers with access to the Canada Pension Plan and employment insurance benefits. While…
Canada’s consumer price index rose by more than half a per cent in July, reaching 3.7 per cent on a year-over-year basis, according to Statistics…
As part of the federal Conservative Party’s platform for the coming election, Leader Erin O’Toole is proposing a plan to secure pensions for Canadian workers.…
Pension plan members have super-priority when it comes to normal costs but not to special costs owed to bankrupted plans, the Supreme Court of Newfoundland…
The Financial Services Regulatory Authority of Ontario is seeking feedback on proposed guidance detailing how and when it publishes information about enforcement proceedings and investigations,…
A recent Saskatchewan Court of Appeal decision illustrates the importance of clear communications from pension administrators seeking to avoid liability from lawsuits by claimants alleging…
The Caisse de Dépôt et Placement du Québec and the Canadian Pension Plan Investment Board’s investments “do not reflect the action needed to address the scale…
The government of Newfoundland and Labrador is amending funding rules for the province’s multi-employer pension plans. The amendments include a permanent exemption from solvency funding…
The OPSEU Pension Trust is appointing Ingrid Chingcuanco as its vice-president of pension administration transformation. In the new role, she’ll be responsible for leading the…
The Canadian Life and Health Insurance Association is calling on the federal government to permit standalone variable payment life annuities to pool participants from all…
The Canadian Institute of Actuaries is updating its process for releasing guidance regarding assumptions for hypothetical pension windup and solvency valuations. For quarterly guidance relating…
The Canadian Association of Pension Supervisory Authorities is developing a framework for defined contribution pension plans to offer variable payment life annuities. In developing the…
While the majority of Canadian pension and retirement savings plan sponsors view governance as a top priority, 24 per cent said they haven’t conducted a…
The Financial Services Regulatory Authority of Ontario is releasing final interpretation guidance to support the role and responsibilities of pension plan administrators. The guidance, an updated…
Institutional investors have a role to play in reconciling Canada with Indigenous people, says a new report by the Reconciliation and Responsible Investment Initiative. “With…
In case you missed it, a recent legal opinion by pension lawyer Randy Bauslaugh suggested plan sponsors might be personally liable for failing to consider…
The Chartered Financial Analyst Institute’s draft voluntary environmental, social and governance disclosure standards are vulnerable to greenwashing, warns the Investment Funds Institute of Canada. In…