Latest news in Benefits Canada Archive

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Co-investments generally outperform single-sponsor private equity funds: research

When it comes to private equity investments, there’s a business case for multi-manager co-investment funds versus single-manager primary funds, according to research by Capital Dynamics.…

  • By: Staff
  • February 24, 2020 December 13, 2020
  • 09:19
Canadian law firms to join CAAT’s DBPlus pension plan

Canadian law firms to join CAAT’s DBPlus pension plan

Lawyers Financial has inked a deal with the Colleges of Applied Arts and Technology pension plan to offer law firms the chance to join the CAAT’s DBplus. The…

  • By: Staff
  • February 24, 2020 November 12, 2020
  • 09:15
CPPIB strengthens partnership in U.K.’s build-to-rent sector

CPPIB strengthens partnership in U.K.’s build-to-rent sector

The Canada Pension Plan Investment Board is strengthening its partnership with Lendlease Group in the U.K.’s built-to-rent sector with an agreement to invest in a…

  • By: Staff
  • February 21, 2020 November 12, 2020
  • 15:15

Sun Life facing proposed LTD benefits class-action lawsuit

A former federal government employee is launching a proposed $10-million class action lawsuit against Sun Life over how the insurer calculated cost-of-living increases on long-term disability benefits…

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Are your pension investments exposed to modern slavery?

With environmental, social and governance issues top of mind for many pension plan investors, modern slavery is one concern to keep on the radar. Historically,…

  • By: Yaelle Gang
  • February 21, 2020 December 13, 2020
  • 08:45
Majority of millennial workers in DC pension plans: report

Majority of millennial workers in DC pension plans: report

As millennials enter their prime working years many are actively saving for their retirements, according to a new report by Wells Fargo Institutional Retirement and Trust.…

  • By: Staff
  • February 21, 2020 November 30, 2020
  • 08:45

New Caisse CEO stresses caution after 10 year bull market and soft 2019 returns

The Caisse de depot et placement du Quebec missed its benchmark portfolio last year due to lacklustre performance of real estate and infrastructure assets and…

Caisse posts 10.4% return for 2019 bolstered by equities

Caisse posts 10.4% return for 2019 bolstered by equities

The Caisse de dépôt et placement du Québec posted a 10.4 per cent return for 2019, well surpassing its 2018 annual return of 4.2 per cent.…

CLHIA, consultants calling for modifications to PMPRB draft guidelines

CLHIA, consultants calling for modifications to PMPRB draft guidelines

The Canadian Life and Health Insurance Association is asking the Patented Medicine Prices Review Board to include workplace-related factors when it sets maximum prices for medications.…

  • By: Staff
  • February 20, 2020 November 12, 2020
  • 15:15
OMERS appoints new global head of private equity

OMERS appoints new global head of private equity

The Ontario Municipal Employees Retirement System has appointed Michael Graham as its new global head of private equity. Graham will replace Mark Redman, who has decided to leave…

  • By: Staff
  • February 20, 2020 November 12, 2020
  • 15:00
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CPPIB investing in build-to-rent property in south London

The Canada Pension Plan Investment Board is strengthening its partnership with property group Lendlease through an agreement to invest in a new building in south…

  • By: Staff
  • February 20, 2020 December 13, 2020
  • 12:33

Insurers advised to change LTD practices affecting small employers

An Ontario group benefits advisor is calling on Canadian insurers to change a long-term disability practice that adversely affects employees at small companies. Dave Patriarche,…

Canadian women confident about retirement finances: poll

Canadian women confident about retirement finances: poll

The majority (seven in 10) of Canadian women age 45 and older said they feel confident they’ll be able to afford the lifestyle they want…

  • By: Staff
  • February 20, 2020 November 12, 2020
  • 09:15
League adds six partners to digital benefits platform

League adds six partners to digital benefits platform

League Inc. has beefed up its offerings with the addition of six partners across its health programs, digital wallet and health concierge team. The new partners…

  • By: Staff
  • February 20, 2020 November 12, 2020
  • 09:00
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How West Fraser is taking a phased approach to pension plan annuitization

West Fraser Timber Co. Ltd. isn’t annuitizing multiple defined benefit plans to get out of the pension business. In fact, the British Columbia-based integrated wood…

  • By: Yaelle Gang
  • February 20, 2020 December 13, 2020
  • 08:49
Bob Baldwin appointed chair of C.D. Howe pension policy council

Bob Baldwin appointed chair of C.D. Howe pension policy council

The C.D. Howe Institute has appointed Bob Baldwin as chair of its pension policy council.  With more than 30 years of experience, Baldwin is an…

  • By: Staff
  • February 20, 2020 November 11, 2020
  • 08:45
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Ontario Teachers’ buys stake in cybersecurity firm, Caisse portfolio companies make acquisitions

The Ontario Teachers’ Pension Plan is joining a consortium to purchase RSA Security in an all-cash transaction for more than $2.07 billion, subject to certain…

  • By: Staff
  • February 20, 2020 December 13, 2020
  • 08:34
Franklin Templeton acquiring Legg Mason and affiliates

Franklin Templeton acquiring Legg Mason and affiliates

Franklin Resources Inc., operating as Franklin Templeton, is acquiring investment management company Legg Mason Inc. The all-cash deal priced Legg Mason’s common shares at US$50. As…

  • By: Staff
  • February 19, 2020 November 12, 2020
  • 15:30
How pension plans can implement TCFD recommendations

How pension plans can implement TCFD recommendations

With the task force on climate-related financial disclosures becoming increasingly common in institutional investor circles, how can Canadian pension plans start to use its guidance…

Saint John Airport workers joining CAAT’s DBplus

Saint John Airport workers joining CAAT’s DBplus

Unionized workers at Saint John Airport are joining the Colleges of Applied Arts and Technology pension plan’s DBplus. According to the Public Service Alliance of Canada,…

  • By: Staff
  • February 19, 2020 November 12, 2020
  • 09:30
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Are central banks running out of tools in their toolbox?

Central banks’ actions have gone too far and they’re running out of tools in their toolbox, according to Erik Weisman, chief economist at MFS Investment…

  • By: Yaelle Gang
  • February 19, 2020 December 13, 2020
  • 08:53
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Coastal GasLink pipeline investor AIMCo committed to closing deal despite protests

The Alberta Investment Management Corp., an investment firm buying a stake in the Coastal GasLink pipeline, says it remains “committed” to the deal despite protester…

PIAC calls on Manitoba to enable target-benefit plans

PIAC calls on Manitoba to enable target-benefit plans

While the Pension Investment Association of Canada is applauding proposed changes to Manitoba’s Pension Benefits Act that would allow for in-plan solvency reserve accounts for…

  • By: Staff
  • February 18, 2020 November 30, 2020
  • 15:30
Caisse adds to Cirque de Soleil investment, converts Bombardier shares to Alstom

Caisse adds to Cirque de Soleil investment, converts Bombardier shares to Alstom

The Caisse de dépôt et placement du Québec is boosting its current investment in the Cirque du Soleil Entertainment Group. The investment, which will see the…

  • By: Staff
  • February 18, 2020 November 11, 2020
  • 15:00
Sounding Board: Considering the legal risks of CAPs

Sounding Board: Considering the legal risks of CAPs

One of the reasons for the switch from defined benefit to capital accumulation plans is that employers assume CAPs are less financially and legally risky,…

  • February 18, 2020 November 30, 2020
  • 09:30