DB plans – Benefits Canada.com

AIMCo acquiring Australian cattle portfolio company, IMCO adding $2.6BN in portfolio assets

bmcgovern — Tue, 05 Dec 2023 14:30:59 +0000

The Alberta Investment Management Corp. is increasing its Australian agriculture portfolio with the acquisition of a cattle management company. The transaction will see the AIMCo and its local investment partner New Agriculture take over the Kimberley Cattle Portfolio, which includes Yougawalla Pastoral Co. and Argyle Cattle Co. Details of the transaction haven’t been disclosed. “We […]

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Report finds retirees with DB pension plans draw down savings slower than those with DC plans

lbailey — Tue, 31 May 2022 13:00:20 +0000

Retirees with defined benefit pension plans are less likely to draw down their savings to cover their spending than those with a defined contribution plan, according to a new report by the University of Michigan. It found while most employees born between 1920 and 1940 had access to a DB plan, this percentage dropped dramatically […]

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Expert panel: How DB plan sponsors can get back into the driver’s seat

alessandrob — Thu, 11 Mar 2021 08:00:35 +0000

Much has been written about how 2020 was unprecedented, challenging and exhausting — take your pick of adjectives. It was also a white-knuckle ride for many Canadian defined benefit plan sponsors as they watched the funded status of their pension plans plummet sharply and then rebound. Most plans’ funded statuses are now at, or even […]

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DB pensions staring down paltry bond returns heading into 2021

mschmit — Wed, 16 Dec 2020 05:35:02 +0000

Central banks slowing their quantitative easing policies and economic improvements off the back of wide-scale vaccination efforts should both provide bond yields with a modest boost in 2021. But that won’t give defined benefit pension plan sponsors much relief. “You hear the phrase ‘low for long’ and I would agree we’re in an extended period […]

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Brink’s Canada workers join CAAT’s DBplus

mschmit — Thu, 16 Jul 2020 03:38:45 +0000

Brink’s Canada Ltd. is the latest employer to join the Colleges of Applied Arts and Technology pension plan’s DBplus offering. Represented by Unifor, 582 full- and part-time workers from Ontario and 175 from British Columbia officially became part of the plan on a go-forward basis effective July 1, 2020. “We are delighted to welcome Brink’s […]

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How CN Rail pension, ATRF tackled liquidity as markets crashed

mschmit — Tue, 09 Jun 2020 08:06:35 +0000

When the coronavirus pushed equity markets off a cliff, Canadian defined benefit pension plans had to mobilize to address a number of concerns. The Canadian National Railway Co. pension recently shifted towards a more defensive investment strategy, said Marlene Puffer, president and chief executive officer for the CN investment division of the company, at a […]

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DB solvency ratios inch up: FSCO

mschmit — Tue, 13 Feb 2018 07:40:51 +0000

1 in 4 plans now have more than 100% solvency

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Solvency Ratios Dip in Q2

mschmit — Thu, 06 Jul 2017 06:38:44 +0000

Aon survey shows DB plans struggling with low asset returns and poor Canadian equity performance.

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Canadian DB pension plan model becoming more attractive

mschmit — Thu, 06 Apr 2017 08:14:17 +0000

U.S., and global, pension funds looking at Canadian model for investment practices.

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U.S. Retirement Assets Surpass $25 Trillion Mark

mschmit — Mon, 27 Mar 2017 10:42:42 +0000

New study also shows DC is the fastest growing segment

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