University Pension Plan – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 15 Jul 2024 20:34:28 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 UN’s Net-Zero Asset Owner Alliance adopting intermediate targets https://www.benefitscanada.com/news/cir-news-news/uns-net-zero-asset-owner-alliance-adopting-intermediate-targets/ Tue, 25 Jun 2024 13:00:27 +0000 https://www.benefitscanada.com/?p=157346 The United Nations’ Net-Zero Asset Owner Alliance — an association of financial organizations that includes the Caisse de dépôt et placement du Québec — is incorporating intermediary environmental targets as it continues its push to net-zero emissions by 2050. In addition to the new environmental reporting targets for asset owners, the association’s guidance now includes […]

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]]> UPP generates net return of 10.2% in 2023, net assets increase to $11.7BN https://www.benefitscanada.com/canadian-investment-review/research-markets/upp-generates-net-return-of-10-2-in-2023-net-assets-increase-to-11-7bn/ Wed, 12 Jun 2024 19:00:44 +0000 https://www.benefitscanada.com/?p=156813 The University Pension Plan generated a net return of 10.2 per cent in 2023, up from a 9.1 per cent loss in 2022, according to its latest annual report. As of Dec. 31, 2023, the investment organization’s net assets increased to $11.7 billion, up from $10.8 billion in 2022. It also reported a funded status […]

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]]> 2024 Global Investment Conference: How institutional investors can leverage their influence with stewardship goals https://www.benefitscanada.com/canadian-investment-review/post-event-coverage/2024-global-investment-conference-how-institutional-investors-can-leverage-their-influence-with-stewardship-goals/ Mon, 10 Jun 2024 11:50:48 +0000 https://www.benefitscanada.com/?p=156213 Active ownership, accompanied by a concrete set of stewardship goals, is critical for long-term value creation, said Delaney Greig, director of investor stewardship at the University Pension Plan, during a session at the Canadian Investment Review’s 2024 Global Investment Conference in April. The UPP, which was established in 2021 as a jointly sponsored defined benefit pension […]

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]]> Association of Professors of the University of Ottawa, Ontario Confederation of University Faculty Associations joining UPP https://www.benefitscanada.com/pensions/defined-benefit-pensions/association-of-professors-of-the-university-of-ottawa-ontario-confederation-of-university-faculty-associations-joining-upp/ Thu, 16 May 2024 13:00:58 +0000 https://www.benefitscanada.com/?p=155566 The Association of Professors of the University of Ottawa and the Ontario Confederation of University Faculty Associations are joining the University Pension Plan, as of April 30, 2024. Since its inception in July 2021, the UPP has seen a number of plan sponsors join the plan, beginning with the University of Toronto Faculty Association, the University of […]

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]]> Ontario Teachers’ gains minority stake in new alternative lender, UPP backs U.K. locomotive operator https://www.benefitscanada.com/canadian-investment-review/alts/ontario-teachers-gains-minority-stake-in-new-alternative-lender-upp-backs-u-k-locomotive-operator/ Mon, 01 Apr 2024 19:00:47 +0000 https://www.benefitscanada.com/?p=153640 The Ontario Teachers’ Pension Plan is gaining a minority stake in a new financial entity resulting from a merger between Fairstone Bank of Canada and Home Trust Company. The new group will have a national branch and broker network to offer residential and commercial mortgages, personal loans, credit cards, retail financing, auto financing, digital lending […]

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]]> 2023 Top 40 Money Managers Report: Geopolitical tension making its presence felt among institutional investors https://www.benefitscanada.com/archives_/benefits-canada-archive/2023-top-40-money-managers-report-geopolitical-tension-making-its-presence-felt-among-institutional-investors/ Fri, 17 Nov 2023 13:56:56 +0000 https://www.benefitscanada.com/?p=146949 By the time Nick Chamie graduated with his first degree in economics in 1992, the Berlin Wall had already fallen and the Soviet Union had ceased to exist. Still, Chamie — now the chief strategist and senior managing director at the Investment Management Corp. of Ontario — explains that, as he began making his way in the […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-39/ Fri, 16 Jun 2023 13:00:50 +0000 https://www.benefitscanada.com/?p=139908 An article on Saskatchewan’s Public Employees Benefits Agency transition to a not-for-profit corporation was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Saskatchewan’s pension and benefits administrator transitioning to not-for-profit model 2. University Pension Plan’s assets declined 9.1% in 2022, led by public equities 3. Survey […]

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]]> Trent University support workers joining UPP https://www.benefitscanada.com/news/bencan/trent-university-support-workers-joining-upp/ Fri, 17 Feb 2023 14:00:09 +0000 https://www.benefitscanada.com/?p=134101 Trent University support workers represented by the Ontario Public Service Employees Union are joining the University Pension Plan. Under a new three-year collective agreement, the 460 employees — including administrative support staff, caretakers, secretaries, systems analysts and teaching assistants — will transition from the university’s defined benefit pension plan to the UPP in January 2025. […]

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]]> Top 5 HR, pension and benefits stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-pension-and-benefits-stories-of-the-week-10/ Fri, 03 Dec 2021 14:00:03 +0000 https://www.benefitscanada.com/?p=112690 Paid sick days for employees continues to be a hot topic as the coronavirus pandemic rages on, with the top two stories over the past week focusing on legislation that’s tackling the issue at the federal and provincial levels. Here are the five most popular news stories of the week: 1. B.C. giving workers five paid sick […]

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]]> UPP appointing Omo Akintan as chief people officer https://www.benefitscanada.com/notice/appointment-notice/upp-appointing-omo-akintan-as-chief-people-officer/ Mon, 29 Nov 2021 14:00:57 +0000 https://www.benefitscanada.com/?p=112418 The University Pension Plan is appointing Omo Akintan as chief people officer, effective February 2022. Prior to joining the UPP, Akintan was the chief people officer at the City of Toronto since January 2019. She was also the City’s acting director of equity, diversity and human rights division from 2017 to 2018. Before that, she […]

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