Top 5 HR, benefits, pension and investment stories of the week
An article on the impact of Canadian pension income on federal and provincial tax revenues was the most-read story on BenefitsCanada.com this past week. Here…
Top Stories in Investments
OMERS, UPP plan members to receive full inflation protection in 2025
The Ontario Municipal Employees’ Retirement System is reporting inflation adjustment of 2.61 per cent, providing plan members with full inflation protection in 2025. The adjustment…
- By: Staff
- December 5, 2024 December 6, 2024
- 15:00
High-speed rail project could signal increased domestic infrastructure investments by institutional investors: expert
A proposed high-speed rail project in Canada could open the doors to more infrastructure development using institutional investors’ capital, says Iftikhar Ahmed, global head of…
- By: Staff
- December 5, 2024 December 4, 2024
- 11:00
World’s 100 largest asset owners’ AUM up 12.3% in 2023: report
The assets under management of the world’s 100 largest asset owners totalled US$26.3 trillion as of the end of 2023, up 12.3 per cent from…
- By: Staff
- December 5, 2024 December 4, 2024
- 09:00
Global pension plan sponsors’ assets reach US$63.1 trillion in 2023, offset by decrease in equities: report
While global pension plan sponsors’ assets grew by 10 per cent to reach US$63.1 trillion in 2023, this value is still five per cent lower…
- By: Staff
- December 4, 2024 December 3, 2024
- 09:00
HOOPP appointing Annesley Wallace as president, CEO
The Healthcare of Ontario Pension Plan is appointing Annesley Wallace as president and chief executive officer, effective April 1, 2025. She succeeds Jeff Wendling, who…
- By: Staff
- December 3, 2024 December 2, 2024
- 11:00
Institutional investors urged to examine AI integration beyond productivity: CPPIB
The Canada Pension Plan Investment Board is asking fellow institutional investors to consider the impact of artificial intelligence in investees’ labour patterns beyond a productivity…
- By: Bryan McGovern
- December 3, 2024 December 2, 2024
- 11:00
CPPIB investing $1 billion in Korea data centres, Ontario Teachers’ buys Paris-based logistics portfolio
The Canada Pension Plan Investment Board is investing $1 billion in Korea-based data centres through its joint venture with the Pacific Asset Management Co. “The…
- By: Staff
- November 29, 2024 November 29, 2024
- 14:00
Canadian pension income adding $24.5BN to federal coffers in 2025: report
Workplace pension income will add $24.5 billion to federal coffers and $16.8 billion to the provinces in 2025, according to a new report by the…
- By: Staff
- November 29, 2024 November 28, 2024
- 09:00
Average funded status of Ontario DB pension plans at 121% in Q3 2024: report
The average funded position of defined benefit pension plans in Ontario was 121 per cent in the third quarter of 2024, down just two per…
- By: Staff
- November 28, 2024 November 27, 2024
- 09:00
Caisse appointing Sharon White as managing director, head of Europe
The Caisse de dépôt et placement du Québec is appointing Sharon White as managing director and head of Europe, effective Jan. 27, 2025. In her…
- By: Staff
- November 27, 2024 November 26, 2024
- 15:00
More clarity, flexibility needed in solvency reserve accounts for federally regulated DB pension plans: ACPM
An amendment to the federal Pension Benefit Standards Regulations that would establish solvency reserve accounts for federally regulated defined benefit pension plans requires additional clarity…
- By: Staff
- November 27, 2024 November 26, 2024
- 09:00
BCFSA appointing Tolga Yalkin as CEO, CSO
The British Columbia Financial Services Authority is appointing Tolga Yalkin as chief executive officer and chief statutory officer, effective Jan. 13, 2025. Yalkin succeeds Blair Morrison and…
- By: Staff
- November 26, 2024 November 27, 2024
- 15:00
Top 5 HR, benefits, pension and investment stories of the week
An article on how a national drug pooling program would impact employer-sponsored benefits plans was the most-read story on BenefitsCanada.com this past week. Here are…
- By: Staff
- November 22, 2024 November 21, 2024
- 09:00
DB pension plan sponsors facing “bottleneck” in annuities market: expert
Increased deal-making in the Canadian annuities market is adding pressure to defined benefit plan sponsors seeking to de-risk their plans, says Jason Vary, president of…
- By: Bryan McGovern
- November 21, 2024 November 21, 2024
- 11:00
Canadian pension funds continue to land top marks for transparency: report
For the fourth year in a row, five Canadian pension funds are among the most transparent in the world, according to the global pension transparency…
- By: Staff
- November 18, 2024 November 18, 2024
- 14:30
Editorial: Prioritizing plan sponsor perspectives
The weather is shifting, with the wet November wind blowing away the crisp October sunshine. While this time of year is characterized by the change…
- By: Jennifer Paterson
- November 15, 2024 November 13, 2024
- 09:00
2024 Top 40 Money Managers Report: To divest or engage?
With 15 different client organizations, including nine public sector pension plans, the Alberta Investment Management Corp. has opted to engage, rather than divest, from certain…
- By: Blake Wolfe
- November 15, 2024 November 22, 2024
- 08:57
38% of U.S. institutional investors incorporating ESG into investment decisions: survey
Roughly two-fifths (38 per cent) of U.S. institutional investors say they incorporate environmental, social and governance factors into investment decisions, according to a new survey…
- By: Staff
- November 14, 2024 November 12, 2024
- 11:00
PSP Investments investing in accounting firm, Caisse-backed fintech asset becoming private company
The Public Sector Pension Investment Board, along with partner Investcorp, is investing in accounting firm PKF O’Connor Davies LLP. According to a press release, the…
- By: Staff
- November 20, 2024 November 22, 2024
- 15:00
CPPIB returns 3.6% in fiscal Q2 2025, net assets increase to $675.1BN
The Canada Pension Plan Investment board is reporting a 3.6 per cent return for the second quarter of its latest fiscal year, according to its…
- By: Staff
- November 15, 2024 November 15, 2024
- 15:00
The Calgary Foundation using alternatives to push beyond its comfort zone
In the years following the 2008/09 financial crisis, Dan Langlois realized the allocation strategy for the Calgary Foundation’s endowment portfolio needed a significant adjustment if…
- By: Bryan McGovern
- November 15, 2024 November 13, 2024
- 08:54
Legislation blocking ammunition investments could limit overall investment landscape in Canada: PIAC
The Pension Investment Association of Canada, alongside the Canadian Life and Health Insurance Association and the Portfolio Management Association of Canada, is asking the Senate to…
- By: Staff
- November 20, 2024 November 19, 2024
- 15:00
Leadership changes at the AIMCo could impact credibility, independence: expert
The swift removal of the chief executive officer, three executives and the 11-person board at the Alberta Investment Management Corp. is a dramatic move that…
- By: Bryan McGovern
- November 19, 2024 November 15, 2024
- 09:00
Ontario Teachers’ names Kevin Kerr as executive managing director, portfolio solutions
The Ontario Teachers’ Pension Plan is appointing Kevin Kerr as executive managing director of its new portfolio solutions department, effective immediately. The department will integrate…
- By: Staff
- November 15, 2024 November 15, 2024
- 14:30
Canadian institutional investors’ responsible investments reach $4.5 trillion: report
Responsible investments account for 71 per cent of the total assets under management by Canadian institutional investors, according to a new report from the Responsible…
- By: Staff
- November 26, 2024 November 26, 2024
- 09:00
UN’s Net-Zero Asset Owner Alliance reports more institutional investors adopting intermediate decarbonization targets
The United Nations’ Net-Zero Asset Owner Alliance is reporting that 81 of its institutional investor members, representing combined assets under management of US$9.4 trillion, have…
- By: Staff
- November 14, 2024 November 11, 2024
- 09:00
Canadian sustainability investment standards to launch in December
The Canadian edition of an international set of sustainability investment disclosure standards will be officially released in December, according to the Canadian Sustainability Standards Board.…
- By: Staff
- November 11, 2024 November 11, 2024
- 15:00
Canadian fixed income yields de-coupling from U.S. market performance: report
Canadian fixed income yields are de-coupling from a sharp rise seen in the U.S. market, according to a new report from FTSE Russell. Despite a…
- By: Staff
- November 25, 2024 November 25, 2024
- 15:00
Ratio of asset value to benefit obligation up 1.2% for Canadian DB pension plans in Q3 2024: report
The ratio of the market value of assets to the projected benefit obligation for a hypothetical benchmark plan changed little for global defined benefit pension…
- By: Staff
- November 12, 2024 November 7, 2024
- 11:00
Canadian pension risk transfer sales decrease to $2.1BN in Q3 2024: report
The market volume of annuity purchases by Canadian defined benefit pension plan sponsors reached an estimated $2.1 billion in the third quarter of 2024, a…
- By: Staff
- November 7, 2024 November 8, 2024
- 11:00
Financial market regulators establish committee to implement total cost reporting plan
The Joint Forum of Financial Market Regulators is establishing a committee to help implement its total cost reporting plan. The plan aims to increase investor…
- By: Staff
- December 15, 2023 December 15, 2023
- 15:00
Men more likely than women to report reduced stress due to financial wellness programs: survey
More than a quarter (28 per cent) of male employees in the U.S. report a reduction in their stress levels due to their employer’s financial…
- By: Staff
- September 25, 2023 September 22, 2023
- 09:00
Alberta deserves more than half CPP assets if it exits program: report
A report commissioned by the Alberta government estimates the province would be entitled to more than half the assets of the Canada Pension Plan if it…
- By: The Canadian Press, with files from staff
- September 22, 2023 September 21, 2023
- 09:00
Alberta government fires AIMCo CEO, board, citing rising costs and poor performance
Alberta’s finance minister has sacked the chief executive officer and entire board of directors of the Alberta Investment Management Corp., the Crown corporation that manages…
- By: Jack Farrell, the Canadian Press
- November 8, 2024 November 11, 2024
- 10:30
Expert panel: What are some CEO red flags for institutional investors to consider?
According to an old adage, the fish rots from the head down. With the chief executive officer being the head of a corporation, are there…
- By: George Athanassakos
- October 29, 2024 October 30, 2024
- 11:00
Institutional investors’ facing increased cybersecurity risk due to speed of AI evolution: OSFI
The rapid adoption of artificial intelligence tools in financial industries represents an evolving risk to institutional investors, according to a new report by the Office…
- By: Staff
- October 24, 2024 October 24, 2024
- 11:00
2024 DC Investment Forum: Three tips for picking the right target-date fund
With defined contribution pension plan assets expected to double in the near term and members now using target-date funds at “unprecedented” rates, plan sponsors need…
- By: Kelsey Rolfe
- November 6, 2024 October 30, 2024
- 07:57
2024 DC Investment Forum: Investing in appropriate TDFs can lead to higher than average account balances
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…
- By: Kelsey Rolfe
- November 6, 2024 October 30, 2024
- 07:56
2024 DC Investment Forum: New decumulation product combining income predictability with capital availability
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…
- By: Kelsey Rolfe
- November 6, 2024 October 31, 2024
- 07:54