In its 2023 budget, the federal government announced plans to require that federally regulated pension plan sponsors disclose their cryptocurrency asset exposure to the Office of the Superintendent of Financial Institutions. The government has yet to announce how the pension disclosure requirements will be implemented. “Just how these guidelines will affect standards of governance or regulatory […]
Global pension assets fell 16.7 per cent to US$47.9 trillion in 2022, driven largely by a correction in fixed income and equities markets, according to a new report by WTW’s Thinking Ahead Institute. While the report found Canada’s pension asset values dropped by about 18 per cent in 2022, as of last August, it held roughly six […]
A bill intended to provide defined benefit pension plan members with super-priority should be a major concern for Canadian DB plan sponsors, according to LifeWorks Inc.’s latest monthly pension indices report. “While the goal of [Bill C-228] is to protect the pensions of members and retirees in the event of a company’s insolvency, it could […]
The market value of assets held by Canadian trusteed pension funds rose four per cent to $2.14 trillion at the end of the second quarter of 2021, up from $2.1 trillion in the first quarter, according to new data from Statistics Canada. Public sector assets increased by $63.5 billion, accounting for 77.4 per cent of the overall […]
The market value of assets held by Canadian trusteed pension funds totalled $2.1 trillion at the end of the first quarter, according to new data from Statistics Canada. Public sector assets amounted to $1.6 trillion, accounting for 77.5 per cent of the overall assets, while private sector assets totalled $474 billion. Revenues totalled $62.3 billion, […]
Aon Hewitt survey says pension solvency improved again in February
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