Colleges of Applied Arts and Technology pension plan – Benefits Canada.com

CAAT returns 9.5% for 2023, led by global, emerging market equities

bmcgovern — Thu, 18 Apr 2024 13:30:10 +0000

The Colleges of Applied Arts and Technology pension plan saw a net return of 9.5 per cent for 2023, with net assets of $20.1 billion, up from $18.2 billion in 2022, according to its latest annual report. As of Jan. 1, 2024, the investment organization maintained a healthy funding level of 124 per cent on a going-concern […]

The post CAAT returns 9.5% for 2023, led by global, emerging market equities appeared first on Benefits Canada.com.

How CAAT is supporting its ESG aspirations through responsible investments, team-building

bmcgovern — Fri, 12 Apr 2024 12:55:57 +0000

As an institutional investor, Asif Haque knows the Colleges of Applied Arts and Technology Pension Plan has a responsibility to meet the rising challenge of climate change through responsible capital deployment. “[We] have a gigantic role to play in using our ownership and influence to engage with companies on their transition to a low-carbon future,” […]

The post How CAAT is supporting its ESG aspirations through responsible investments, team-building appeared first on Benefits Canada.com.

Announcing the winners of the Pension Leadership Awards

mschmit — Thu, 03 Dec 2020 09:12:30 +0000

Pension investments are a key component of ensuring secure benefits for plan members upon their retirement. To celebrate the plan sponsors and pension investors who work hard to ensure strong investment outcomes, the first-ever Pension Leadership Awards recognized winners across several categories. Congratulations to all the winners. You can view highlights about the winners below: […]

The post Announcing the winners of the Pension Leadership Awards appeared first on Benefits Canada.com.

CAAT looks to AI, machine learning

mschmit — Mon, 30 Nov 2020 08:56:41 +0000

The Colleges of Applied Arts and Technology Pension Plan is betting that artificial intelligence and machine learning will play a role in pension administration going forward. “I won’t pretend that we’re Netflix or Tesla in this, but we are [taking] small steps today so we can take advantage of these advances of technology into the […]

The post CAAT looks to AI, machine learning appeared first on Benefits Canada.com.

NL’s College of Physicians and Surgeons latest employer to join DBplus pension

mschmit — Thu, 19 Nov 2020 05:00:08 +0000

The College of Physicians and Surgeons of Newfoundland and Labrador is the latest employer to join the Colleges of Applied Arts and Technology pension plan’s DBplus. The college’s 14 employees were contributing to a defined contribution arrangement before joining the plan on Nov. 1. The individual employees have the option to convert their DC accounts […]

The post NL’s College of Physicians and Surgeons latest employer to join DBplus pension appeared first on Benefits Canada.com.

Learn more about the Chief Investment Officer of the Year Award finalists

mschmit — Wed, 18 Nov 2020 07:38:14 +0000

The Canadian Investment Review’s Chief Investment Officer of the Year Award will be presented to a CIO that has demonstrated leadership when it comes to pension investing and made improvements to his or her organization’s investment process. This award will take a holistic view of success and consider environmental, social and governance factors when determining […]

The post Learn more about the Chief Investment Officer of the Year Award finalists appeared first on Benefits Canada.com.

Two B.C. employers join CAAT’s DBplus pension

mschmit — Fri, 16 Oct 2020 03:41:29 +0000

Two employers from British Columbia’s not-for-profit sector are joining the Colleges of Applied Arts and Technology pension plan’s DBplus. Effective Oct. 1, 53 full-time and six part-time staff at the Vancouver Foundation and four full-time and two part-time employees at the British Columbia Unclaimed Property Society became members of the defined benefit pension plan. “We […]

The post Two B.C. employers join CAAT’s DBplus pension appeared first on Benefits Canada.com.

OTIP employees joining CAAT’s DBplus

mschmit — Tue, 15 Sep 2020 02:54:04 +0000

The Ontario Teachers Insurance Plan and its group of companies is the latest employer to join the Colleges of Applied Arts and Technology’s DBplus pension plan. Effective Sept. 7, 685 full-time employees — including 639 from Ontario, 23 from Alberta and 23 from Quebec — joined DBplus on a go-forward basis. In addition, all part-time […]

The post OTIP employees joining CAAT’s DBplus appeared first on Benefits Canada.com.

How have Canada’s DB pensions changed over the last decade?

mschmit — Thu, 20 Aug 2020 05:30:54 +0000

Whether it’s battling the challenges of plan maturity, increasing longevity, the changing nature of work or difficult financial markets, these so-called golden handcuffs are looking pretty dented in some cases. But the 10 years following the great financial crisis wasn’t all bad. Many public pension plans, as well as affiliated administrators and investment managers, have […]

The post How have Canada’s DB pensions changed over the last decade? appeared first on Benefits Canada.com.