Keyword: Defined benefit pensions

774 results found
Canadian DB plans see upsurge in second quarter: report

Canadian defined benefit pension plans experienced an upsurge in the second quarter of 2020, posting a median return of 9.6 per cent, according to RBC Investor and Treasury Services’ universe of DB pension plans. After the first quarter’s median return of negative 7.1 per cent, the rally marked the highest single quarter return in the […]

  • By: Staff
  • July 29, 2020 November 12, 2020
  • 15:15
HOOPP joining association to foster peer-to-peer trading

The Healthcare of Ontario Pension Plan, along with three other large pension plans and other stakeholders, is forming the Global Peer Financing Association. The goal of the GPFA is to encourage and improve options for peer-to-peer trading activity in the securities lending and repo markets for the benefit of asset owners, according to a press release. […]

  • By: Staff
  • July 29, 2020 November 12, 2020
  • 09:00
OMERS appointing Ingrid Chingcuanco as VP, pension operations

The Ontario Municipal Employees Retirement System is appointing Ingrid Chingcuanco as vice-president of pension operations. She joined the OMERS nearly eight years ago as director of pension policy. In that role, she provided pension policy and project leadership for several initiatives, such as public sector divestments affecting the pension fund and enhancements to its additional […]

  • By: Staff
  • July 28, 2020 November 12, 2020
  • 15:00
CRA pension bulletin shouldn’t apply to MEPPs, JSPPs, says ACPM

In a letter to the Canada Revenue Agency’s registered plans directorate, the Association of Canadian Pension Management said a new draft bulletin only covers a concern attached to smaller pension plans and shouldn’t apply to larger, employer-sponsored plans. The ACPM said it recognizes the agency’s efforts in providing guidance on apportioning assets and actuarial liabilities in actuarial valuation reports for […]

  • By: Staff
  • July 28, 2020 November 30, 2020
  • 09:15
Canadian DB pensions holding about equal weight in stocks, fixed income: PIAC

Canadian defined benefit plan sponsors are holding an almost equal amount of fixed income and equity in their portfolios, according to the Pension Investment Association of Canada’s 2019 asset mix report. The report found the PIAC’s membership reported a total of more than $2.2 trillion under management last year, up from just under $2.1 trillion in 2018. As well, […]

  • By: Staff
  • July 27, 2020 November 30, 2020
  • 15:15
Canadian DB pension plans see rebound off strong equity gains: reports

Canadian defined benefit pension plans recovered some of their losses from the start of 2020 in the second quarter off the back of strong public equity gains, according to the Northern Trust Canada universe. With stimulus spending to tackle the economic impacts of the coronavirus pandemic taking effect in many countries, stock markets rebounded with double-digit […]

  • By: Staff
  • July 24, 2020 November 12, 2020
  • 15:15
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Quebec has published new draft regulations aimed at helping the administrators of supplemental pension plans to navigate the coronavirus pandemic. The proposed regulations would allow plan members to maintain their active membership in a supplemental plan even if they’re experiencing a temporary suspension in accruing benefits, as long as that suspension began in 2020 and doesn’t last longer than […]

  • By: Staff
  • July 24, 2020 November 16, 2021
  • 09:00
Most Canadians don’t understand CPP, OAS deferral options: survey

When it comes to retirement benefits like the Canada Pension Plan and old-age security, the majority of Canadians don’t understand their options for deferral, according to a new survey by Employment and Social Development Canada. The survey, which polled 8,622 Canadians, found just 36 per cent are correctly aware of the deferral options for CPP […]

  • By: Staff
  • July 23, 2020 November 12, 2020
  • 09:15
Canadian pensions, consultants, institutional investors sign pledge to tackle anti-Black racism

Several prominent players in Canada’s pensions and benefits industries have signed onto the BlackNorth Initiative, pledging to take specific actions within their organizations to tackle anti-Black racism. “The persistent inequities across our country underscore our urgent, national need to address and alleviate racial, ethnic and other tensions and to promote the elimination of anti-Black systemic […]

  • By: Staff
  • July 23, 2020 November 12, 2020
  • 08:45
University Pension Plan names Barbara Zvan inaugural president, CEO

The University Pension Plan’s board of trustees has named Barbara Zvan as the inaugural president and chief executive officer of the UPP. Established on Jan. 1, 2020, the UPP is a new jointly sponsored pension plan designed to enhance the long-term sustainability of Ontario university pensions. The model means shared governance between employer and employee […]

  • July 22, 2020 November 12, 2020
  • 08:45