The volatile global conditions of the last four years have culminated in a looming economic downturn, impacting defined contribution pension plan sponsors and members alike. On Oct. 3 at the Omni King Edward Hotel in Toronto, the 2024 DC Investment Forum highlighted the various tools and strategies that can help plan sponsors navigate turbulent economic waters […]
The majority of Canadian defined contribution plan members are invested in the appropriate target-date fund vintage and those who are may be better prepared for retirement, according to research by Fidelity Investments. The research, which examined data from Canadian record keepers to understand investors’ savings behaviours in a DC context, found about 70 per cent of […]
Canadian defined contribution plan members’ knowledge of target-date funds is lacking and it may point to a larger issue: the stakes set for member investment knowledge may be too high, hindering engagement efforts, according to a survey by MFS Investment Management. The survey of around 1,000 Canadian DC plan members, including 700 active members and 300 […]
Pension plan members’ primary concerns about their golden years are whether they’ve saved enough money to live their dream retirement, whether those funds will last and whether they’ll be able to leave a legacy for their family. But numerous surveys of Canadians indicate many don’t feel financially literate enough to address those concerns, according to […]
While political tensions have recently flared between Canada and India, institutional investors are unlikely to adjust their capital allocation to the country, says Partha Mohanram, John H. Watson chair in value investing at the Rotman School of Management at the University of Toronto. “I don’t [have] any indication that you’re going to see any kind […]
The average Canadian defined benefit pension plan returned 5.1 per cent during the third quarter of 2024, an increase from 1.1 per cent in the previous quarter, according to a new report by RBC Investor Services. It found Canadian DB plans achieved an average return of 9.6 per cent on a year-to-date basis. The growth […]
Nearly two-thirds (63 per cent) of North American institutional investors say they’re sticking to their long-term investment strategy amid the short-term noise of the various elections taking place globally this year, according to a new survey by Schroders. The survey — which polled more than 2,800 professionals across more than 400 institutional investors, including 92 […]
Institutional investors are missing opportunities to use artificial intelligence for effective decision-making, according to Ruslan Goyenko, an associate professor of finance at McGill University, speaking during a session at the Canadian Investment Review’s 2024 Risk Management Conference. He urged investment leaders to push beyond traditional fundamentals and open their minds to the use of AI. […]
Investment funds that are designed to entice Canadian institutional investors to allocate more capital in domestic assets could open up conversations regarding the most effective way to boost investments at home, says Colin Busby, director of policy engagement at the C.D. Howe Institute. In September, the Globe and Mail reported there was little interest among […]
The British Columbia Investment Management Corp. is focusing on methane emissions regulation and board diversity among its key environmental, social and governance policy initiatives, according to its inaugural stewardship report. In early 2024, the BCI responded to methane policy consultations by Environment and Climate Change Canada and the U.S. Environmental Protection Agency, said the report, noting […]