CIR news

Latest news in DB

What do historically low interest rates mean for DB pension de-risking?

Canadian pension risk transfer sales increase to $2.5BN in Q2 2024: report

The market volume of annuity purchases by Canadian defined benefit pension plan sponsors reached an estimated $2.5 billion in the second quarter of 2024, compared…

Copyright_jovannig_123RF

Real return bonds a boon for institutional investors, pension plan members: report

The end of the federal government’s real return bond program will deprive institutional investors and pension plan members of a valuable investment tool that can help…

  • By: Staff
  • September 3, 2024 September 3, 2024
  • 09:00

Ontario Teachers’ appointing Mabel Wong as CFO

The Ontario Teachers’ Pension Plan is appointing Mabel Wong as its chief financial officer, effective immediately. She officially enters the role after serving as acting CFO following…

  • By: Staff
  • August 19, 2024 August 19, 2024
  • 15:00
Copyright_mouu007_123RF

Ontario Teachers’ returns 4.2% for first half of 2024

The Ontario Teachers’ Pension Plan earned a net return of 4.2 per cent for the first six months of this year. The result came as the pension fund earned…

Suncor taking slow, steady approach to investment trends

Amid an increasingly volatile global economy, many institutional investors are employing innovative investment strategies to deliver returns, but Suncor Energy Inc. views a methodical adoption…

Copyright_andranik2018_123RF

Average Canadian DB pension plan returns 1.1% in Q2 2024: reports

The average Canadian defined benefit pension plan posted a median return of 1.1 per cent in the second quarter of 2024, according to a new…

  • By: Staff
  • August 7, 2024 August 5, 2024
  • 09:00

Nova Scotia Pension Services Corp. assets increase to $13.7BN in fiscal 2024

The Nova Scotia Pension Services Corp. — which administers the investment assets of the Public Service Superannuation Plan and the Teachers’ Pension Plan — reported…

  • By: Staff
  • August 5, 2024 August 1, 2024
  • 15:00
Copyright_ilixe48_123RF

Top 5 HR, benefits, pension and investment stories of the week

An article detailing how Canada’s exemplary pension regulatory system is helping to safeguard plans from mismanagement was the most-read story on BenefitsCanada.com this week. Here…

  • By: Staff
  • August 2, 2024 August 1, 2024
  • 09:00
Copyright_jakkapan_123RF

U.S. public pension plans’ funded ratio increasing to 80.6% in 2024: report

The estimated funded ratio of U.S. state and municipal pension plans is expected to increase to 80.6 per cent in 2024 due to the outperformance…

  • By: Staff
  • August 1, 2024 August 1, 2024
  • 15:00

Extending ‘25-and-out’ legislation could stabilize public sector pension plans’ maturity issues: expert

The federal government’s move to introduce legislation extending pension eligibility to frontline public safety and law enforcement workers after 25 years of service could help manage…

Copyright_mouu007_123RF

Estimated funded status of 100 largest U.S. DB pension plans increased to 79.9% in June: report

The estimated funded status of the 100 largest U.S. public defined benefit pension plans rose to 79.9 per cent in June, from 79.4 per cent…

  • By: Staff
  • July 31, 2024 July 31, 2024
  • 15:00

Culture of compliance prevents mismanagement, conflict at Canadian pension funds: expert

A culture of prudent investment standards and guideline compliance is keeping Canadian pension funds safe from some of the unique risk management cases seen abroad,…

OPB making key appointments to executive team as part of leadership transition strategy

The Ontario Pension Board is making two senior executive appointments as part of its management transition plan. The organization is appointing Marc Rondeau (pictured right)…

  • By: Staff
  • July 26, 2024 July 25, 2024
  • 06:05

Liquidity status guiding Canadian pension funds through near-term market volatility: report

Liquidity status is helping some of Canada’s biggest pension funds meet the challenges of a volatile investment market thanks to exceptional liquidity status, according to…

  • By: Staff
  • July 24, 2024 July 24, 2024
  • 15:00
Copyright_jovannig_123RF

Canadian pension leaders urging sustainability regulator to modify new disclosure guidelines

In an open letter, leaders from Canada’s biggest pension funds are asking the Canadian Sustainability Standards Board to reconsider a two-year relief period granted to…

  • By: Staff
  • July 18, 2024 July 17, 2024
  • 09:00
Copyright_andranik2018_123RF

Average funded ratio of Canadian DB pension plans up 2% in Q2 2024: report

The funded ratio of the average Canadian defined benefit pension plan grew by two per cent during the second quarter of 2024 and nine per…

  • By: Staff
  • July 17, 2024 July 17, 2024
  • 15:00
Copyright_jakobradlgruber_123RF

Commercial real estate challenges forcing Canadian pension funds to re-evaluate strategy: report

Some of Canada’s largest pension funds are rethinking their real estate strategies as higher interest rates continue to push valuations lower and lenders pull in…

  • By: Staff
  • July 8, 2024 July 8, 2024
  • 15:00
Copyright_alekstaurus_123RF

Canadian public pension plans’ average funding ratio increased to 116% in 2023: report

Canadian corporate pension funds reported an average funding ratio of 117 per cent, while public pension funds reported an average of 116 per cent, according…

  • By: Staff
  • July 4, 2024 July 4, 2024
  • 15:00

Median solvency ratio of Canadian DB pension plans stays flat in Q2 2024: reports

The median solvency ratio of Canadian defined benefit pension plans remained flat in the second quarter of 2024, compared to the previous quarter, according to…

  • By: Staff
  • July 3, 2024 July 3, 2024
  • 15:00

Canada’s missing navigation tool in the push to lower emissions

It would be possible to get around a city if there were no agreed-upon street names, but it would take longer, people would get lost…

105364514-123RF

Ontario Teachers’ backs Indian financial services operator, Caisse invests in business software provider

The Ontario Teachers’ Pension Plan is acquiring a minority stake in India-based financial institution Kogta Financial Ltd. through a Series E investment transaction worth US$148 million.…

  • By: Staff
  • June 28, 2024 June 27, 2024
  • 15:00

Mandating Canadian pension funds’ domestic investments could harm plan members: study

A potential federal mandate for Canadian pension funds to increase their domestic investments could end up harming the very people the pension system is set…

  • By: Staff
  • June 27, 2024 June 26, 2024
  • 09:00
Copyright_aberheide_123RF

Top 5 HR, benefits, pension and investment stories of the week

A story discussing the factors leading employees to delay taking time off and instead engage in ‘quiet vacationing’ was the most-read story this week on…

  • By: Staff
  • June 21, 2024 June 20, 2024
  • 09:00

How the investment strategies of the Maple 8 impact the decisions of medium- and small-sized plan sponsors

While many of the investment strategies and resources at the disposal of the Maple 8 — Canada’s eight largest public pension plans that represent more…

Copyright_Tinnakorn Jorruang_123RF

CSSB’s climate risk disclosure standards should align with ISSB’s, with only Canadian-specific modifications: PIAC

The Pension Investment Association of Canada supports closely aligning the Canadian Sustainability Standards Board disclosure standards with the International Sustainability Standards Board’s requirements but recommends it…

  • By: Staff
  • June 20, 2024 June 19, 2024
  • 09:00