While politics plays a role in most investment decisions, it tends to arise on a fairly localized basis, says Michael Craig, head of the asset allocation and derivatives teams at TD Asset Management Inc. In addition, its prominence as a factor usually rises and falls on a cycle, slipping easily off investors’ radar in times […]
Michael Wissell, the Healthcare of Ontario Pension Plan’s recently appointed chief investment officer, is stewarding the $114.4-billion plan’s growth while preserving its historic drivers of success. This mandate isn’t a simple one. On one hand, the HOOPP boasts a solvency ratio of 120 per cent and uses a liability-driven investment model that helped its 10-year […]
A third (33 per cent) of recently retired Canadians said they retired sooner than they planned and 30 per cent of pre-retirees intend to change their retirement date because of the coronavirus pandemic, according to a new survey by RBC Insurance. It found Canadians are still largely relying on traditional retirement savings tools, such as […]
The majority of institutional investors believe the Russian invasion of Ukraine will be the catalyst of a period of high inflation and low employment around the globe, according to new survey by London-based CoreData Research. The survey, which polled 200 global institutional investors, found about a fifth (18 per cent) of respondents believe the invasion […]
The median Canadian defined benefit pension plan experienced a pullback in investment returns during the first quarter of 2022, returning negative 6.4 per cent as markets entered a heightened period of uncertainty, according to a new report by Northern Trust Canada. The report, which tracks the performance of Canadian DB plans that subscribe to Northern […]
Due to inflation, a majority (84 per cent) of U.S. employees believe their money doesn’t go as far as it used to, leaving many to wonder how to prioritize saving for retirement, according to a survey by Voya Financial Inc. The survey, which polled 1,000 adults aged 18 and up, found three-quarters of millennials (73 per […]
More than half (61 per cent) of U.S. employees nearing retirement age believe low interest rates combined with rising inflation will make it difficult to create a retirement income stream that will last their lifetimes, according to a new survey by Global Atlantic Financial Group. It also found a quarter (24 per cent) of survey […]
Changes to the calculation of commuted pension values in Canada are making it more challenging for defined benefit pension plan members to determine an optimal day to quit their job and receive the maximum payout, says one actuary. Peter Gorham, an actuary at JDM Actuarial Expert Services Inc., says while he used to point plan […]
While the majority (79 per cent) of U.S. employees remain confident they’ll be able to retire when and how they want, a quarter are less confident than they were before the coronavirus pandemic, according to a new survey by Fidelity Investments Inc. The survey, which polled 2,600 workers, also found 71 per cent said they’re […]
After navigating the unpredictable markets of the past two decades, some defined benefit pension plan sponsors could be forgiven for wanting to seek out some certainty. But a new threat has emerged in the form of rapidly rising inflation and the possibility of rate increases after decades of persistent lows. The consumer price index increased […]