The Colleges of Applied Arts and Technology pension plan saw a strong 2019, delivering a 16 per cent return, net of investment management fees, while growing its assets under management to $13.5 billion. “On an absolute basis, all asset classes contributed positively to returns in 2019, with global developed equity, long bonds and real assets […]
When it comes to private markets, implementing target allocations is easier said than done. At the Canadian Investment Review’s Plan Sponsor Exchange conference in February, a panel featuring Julie Cays, chief investment officer at the Colleges of Applied Arts and Technology pension plan; Sean Hewitt, chief executive officer at the Toronto Transit Commission Pension Fund […]
Across the country, public pension plans are releasing statements to assure members that their defined benefit pensions are secure and that they’re taking measures to protect the health and safety of their own staff. The Colleges of Applied Arts and Technology pension plan said it regularly tests operations and will continue to make pension payments. […]
The Colleges of Applied Arts and Technology pension plan’s funding status dipped slightly in 2019, to 118 per cent on a going-concern basis from 120 per cent in 2018. In its latest actuarial valuation report, the CAAT attributed the solid status to excellent investment returns over the past 10 years, as well as its membership […]
The Colleges of Applied Arts and Technology pension plan’s funding status dipped slightly in 2019, to 118 per cent on a going-concern basis from 120 per cent in 2018. In its latest actuarial valuation report, the CAAT attributed the solid status to excellent investment returns over the past 10 years, as well as its membership growth strategy, […]
Lawyers Financial has inked a deal with the Colleges of Applied Arts and Technology pension plan to offer law firms the chance to join the CAAT’s DBplus. The organization, which is a brand of the Canadian Bar Insurance Association, started looking into pension options for the legal community back in 2016. Over the past few years, a task […]
Four more employers have joined the College of Applied Arts and Technology pension plan’s DBplus. In total, more than 1,000 new members from the Catholic Charities of the Archdiocese of Toronto, FP Canadian Newspapers and United Way of Greater Toronto are now in the plan, effective Jan. 1. In addition, law firm Wright Henry LLP joined in October 2019, according […]
Pension plan stakeholders will see a continued evolution of both short- and long-term reform, with some significant developments expected in 2020. “Hopefully, Ontario will finalize the rules for its target benefit regime — perhaps we’ll see the introduction of single employer target-benefit rules — and there should be some action on variable benefits because the […]
The United Way Greater Toronto is the latest organization to join the Colleges of Applied Arts and Technology’s DBplus plan. Following a 90-day consent process, an overwhelming majority (99 per cent) of the 350 members of the organization’s defined benefit pension plan voted in favour of the move. Employees will begin contributing to and earning a pension under […]
Two more organizations are joining the Colleges of Applied Arts and Technology pension plan’s DBplus. The University of Saskatchewan and Federated Colleges Non-Academic Pension Plan, represented by the Canadian Union of Public Employees Local 1975, has joined the plan as part of its latest collective agreement. Effective Sept. 1, 2019, 1,300 plan members will join the […]