An article on the suspension of the board chair at the Colleges of Applied Arts and Technology pension plan was the most-read article on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. CAAT pension plan’s board chair suspended following senior executives’ departure […]
The Colleges of Applied Arts and Technology pension plan has suspended its board chair Don Smith. The pension organization, which oversees more than $23 billion in assets under management, is awaiting the results of a governance review following concerns raised over a $1.6 million vacation payout to chief executive officer Derek Dobson. In an emailed […]
An article on Canadian institutional investors’ potential overexposure to alternative assets was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Canadian pension funds could be overexposed in alternative assets: expert 2. Employees on LTD more likely to claim […]
The Colleges of Applied Arts and Technology pension plan is appointing Rasho Donchev as vice-president of pension solutions. In his new role, Donchev will drive the continued growth and expansion of the CAAT’s retirement solutions, working with employers and unionized workplaces to increase access to secure pensions, according to a press release. He succeeds Graham […]
The Colleges of Applied Arts and Technology pension plan is reporting a 15.2 per cent net return at the end of 2024. The investment organization’s total assets under management increased to $23.3 billion in 2024, compared to $20.1 billion in 2023. Read: CAAT returns 9.5% for 2023, led by global, emerging market equities In a […]
A new retirement savings vehicle could benefit members of the Colleges of Applied Arts and Technology’s pension plan by streamlining investment choice and maximizing their personal retirement savings, says Jason Vary, president of Actuarial Solutions Inc. This month, the CAAT pension plan launched an optional savings account that allows plan members to transfer in their […]
The Colleges of Applied Arts and Technology’s pension plan is appointing Sonny Khindria (pictured right) as vice-president of member experience and Troy Whetstone (pictured left) as vice-president of employer experience. The two new positions will divide the responsibilities of Angela Goodchild, vice-president of service delivery, who is retiring effective June 1. The move will enhance experiences provided […]
The Colleges of Applied Arts and Technology pension plan is promoting Sabeen Purewall (pictured left) to vice-president of solutions and partnerships and Graham Stone (pictured right) to acting vice-president of pension solutions, effective Feb. 22, 2024. In their new roles, Purewall will oversee strategic partnerships to help organizations with talent attraction and retention tactics, while […]
The Canadian Public Pension Leadership Council is appointing Karen McKeown, director of board operations at the B.C. Pension Corp., as co-chair. McKeown will share responsibilities with Alison McKay, chief executive officer of the Saskatchewan Healthcare Employees Pension Plan, and succeeds Derek Dobson, CEO and plan manager at the Colleges of Applied Arts and Technology pension […]
While U.S. auto workers would like to see their pension plans converted from defined contribution to defined benefit, it may be more challenging than it was for their Canadian colleagues. The recent contract agreements for Unifor members at Ford of Canada and General Motors will see DC plan members move into the Colleges of Applied […]