Leo de Bever talks about the career lessons that have helped to shape AIMCo’s path. How has your work as an economist helped you in pension investing? Economics is a bit like law: it provides a lot of touch points, allowing you to frame issues in a way that is probably more holistic than if […]
Leo de Bever, the first CEO of the Alberta Investment Management Co. (AIMCo), says he’s had his work cut out for him ever since he began his tenure at the arm’s-length crown corporation set up to manage assets for the province’s 26 pension, endowment and government funds.
Delegates at the 2012 Business of Aging Summit held earlier this week in Toronto previewed some of the latest innovations designed to help employers better engage mature workers. In an afternoon session, a number of entrepreneurs were given the chance to pitch their products to the business leaders assembled. One of those entrepreneurs, Barbara Jaworski, […]
The Ontario government’s reluctance to move ahead with implementing PRPPs in the province has raised the ire of several prominent industry leaders.
The Ontario Teachers’ Pension Plan (Teachers’) today reported an 11.2% rate of return for 2011, boosting net assets to $117.1 billion, an all-time high for the plan.
David Rogers, partner and founder of Caledon Capital Management, says pension plans of all sizes are looking for ways to reduce the risk from continued volatility in the public markets. For those looking to diversify and replace the returns they were once able to count on from equities, alternatives make sense.
As was widely expected, today’s federal budget announcement included a plan to increase Old Age Security (OAS) eligibility for Canadians from the current age of 65 to 67.
Tuesday’s announcement that Swiss-based Glencore International will acquire Viterra Inc. for $6.1 billion will result in a healthy return for Alberta’s public pension fund manager.
Canadian pension plan sponsors are preparing for sustained pension turmoil by making changes to plan design and investment strategies, according to results from Towers Watson’s 2012 Pension Risk Survey.
Mary Ann Baynton worked in the insurance field from 1983 to 1996. She ran her own small insurance brokerage for eight of those years, until the experiences of an employee who suffered losses in a fire set Baynton on a course to devote her life to improving the state of workplace mental health.