Canadian equities buoy DB pension’s Q2 returns: report
Canadian defined benefit pension plans returned 4.4 per cent in the second quarter of 2021, according to RBC Investor & Treasury Services’ latest all-plan universe.…
Latest news in DB
UPP selects CIBC Mellon for investment operations, pension plan member services
The University Pension Plan has selected CIBC Mellon to provide asset servicing, investment operations and plan member services, including custody, institutional accounting, performance and analytics, risk,…
- By: Staff
- July 27, 2021 July 26, 2021
- 09:00
Expert panel: How is cryptocurrency impacting institutional investors’ portfolios?
Whether institutional investors welcome it — or even realize it — cryptocurrency is having an impact on their portfolios. The immense size of the crypto…
- By: Sébastien Page, Robert Sharps
- July 22, 2021 July 22, 2021
- 02:30
University Pension Plan tackling ESG issues by joining 30% Club, CCGG and SHARE
The newly minted University Pension Plan is tackling environmental, social and governance issues head on by partnering with the 30% Club, Canadian Coalition for Good…
- By: Staff, with files from Gideon Scanlon
- July 16, 2021 July 16, 2021
- 15:00
DB pension interest in fixed income grew in 2020, finds PIAC asset mix report
Members of the Pension Investment Association of Canada saw their managed assets grow by 7.4 per cent in 2020, according to a new report. In…
- By: Staff
- July 15, 2021 July 15, 2021
- 09:00
UTAM naming Chuck O’Reilly as new president, CIO
The University of Toronto Asset Management Corp. is appointing Chuck O’Reilly as its next president and chief investment officer. O’Reilly, the UTAM’s senior portfolio manager…
- By: Staff
- July 6, 2021 July 6, 2021
- 15:00
Canadian DB pensions see improved funded position, investment returns: reports
The aggregate funded ratio for Canadian defined benefit pension plans in the S&P/TSX composite index increased from 94.8 per cent in the first quarter of…
- By: Staff
- July 5, 2021 July 2, 2021
- 09:00
University Pension Plan launches multi-employer DB pension plan
The University Pension Plan is launching its jointly sponsored pension plan, providing management services to the Queen’s University, the University of Guelph and the University…
- By: Staff
- July 2, 2021 July 2, 2021
- 09:00
Nova Scotia’s PSSP sees 15.75% return: annual report
Nova Scotia’s Public Service Superannuation Plan saw a 15.75 per cent return net of investment fees for the fiscal year 2020/21, generating $1 billion in…
- By: Staff
- June 30, 2021 June 30, 2021
- 15:00
Meet the judges of the 2021 Workplace Benefits Awards
With the 2021 Workplace Benefits Awards’ nomination process drawing to a close in a couple of weeks, Benefits Canada is pleased to announce this year’s…
- By: Staff
- June 25, 2021 June 24, 2021
- 09:00
Ontario Teachers’ investing in AI-based hiring platform
The Ontario Teachers’ Pension Plan is leading a US$138 million ($172 million) Series C funding round for Beamery Ltd., a company with an artificial intelligence-based…
- By: Staff
- June 22, 2021 June 22, 2021
- 09:00
Ontario Teachers’ investing in online education platform, plant-based food development company
The Ontario Teachers’ Pension Plan has raised $375 million in a series D funding round for Applyboard Inc., an online platform that connects students to…
- By: Staff
- June 17, 2021 June 17, 2021
- 12:30
Canada’s largest pension funds come together at inaugural climate change event
Representatives from eight of Canada’s largest pension funds — known as the Maple Eight — participated in the first meeting of the Sustainable Finance Action…
- By: Staff
- June 16, 2021 June 17, 2021
- 09:00
Financial market regulators highlighting focus on DC investment fees
Investment fees led the agenda at the Joint Forum of Financial Market Regulators’ annual meeting last week. This year, the forum engaged externally on investment fees,…
- By: Staff
- June 15, 2021 June 14, 2021
- 15:00
U.S. public sector pension retains top executives despite trustee revolt
Two executives at the Pennsylvania-based Public School Employees Retirement System have survived an effort by trustees to oust them from their positions due to investment…
- By: Staff
- June 15, 2021 June 15, 2021
- 11:00
Decline in bond yields signals market observers to be on ‘inflation watch’: report
The funded position for an average Canadian defined benefit pension plan improved slightly during May, with a solvency of 108.2 per cent, according to a…
- By: Staff
- June 10, 2021 June 10, 2021
- 12:30
UPP appointing first managing director of responsible investing
The University Pension Plan has appointed Brian Minns as its first managing director of responsible investing. Prior to joining the UPP, Minns spent 10 years working…
- By: Staff
- June 10, 2021 June 10, 2021
- 09:15
British Airways appointing outsourced chief investment officer
British Airways is appointing Blackrock Inc. as outsourced chief investment officer for its two defined benefit pension plans. While many U.K.-based pensions have adopted an…
- By: Staff
- June 8, 2021 June 8, 2021
- 12:30
FSRA three-year plan includes pension flexibility, transparency and innovation
The Financial Services Regulatory Authority of Ontario has unveiled its priorities for the next three years, including plans to reshape its supervisory role for the…
- By: Staff
- May 31, 2021 May 31, 2021
- 09:15
UAPP withdrawing $2.7BN public equities portfolio from AIMCo
The Universities Academic Pension Plan is withdrawing control of its $2.7-billlion public equities portfolio from the Alberta Investment Management Corp. The withdrawal comes following ongoing…
- By: Blake Wolfe
- May 18, 2021 May 18, 2021
- 09:00
Opportunities for DB plans to de-risk at an attractive price in 2021: report
The average defined benefit pension plan saw its funded position continue to improve in April on a solvency and accounting basis, according to a new…
- By: Alison MacAlpine
- May 11, 2021 May 11, 2021
- 09:00
UTAM posts 11.7% pension return for 2020
The University of Toronto Asset Management Corp. ended 2020 with pension and endowment returns of 11.7 per cent and 11.6 per cent, respectively. In a…
- By: Staff
- May 5, 2021 May 4, 2021
- 09:00
72% of Canadian pension funds considering consolidation options: survey
The majority (72 per cent) of Canadian pension funds said they’re currently focused on consolidation options that offer greater certainty they’ll be able to meet…
- By: Staff
- May 3, 2021 May 6, 2021
- 09:00
Market rally boosts DB pension plans’ funding levels: report
A first-quarter rally in both the equity markets and bond yields have propelled defined benefit pensions to their best funded positions in more than a…
- By: Michael McKiernan
- April 13, 2021 May 11, 2021
- 12:00
Why decumulation is a challenge for CAPs
While decumulation is a critical aspect of retirement, in my opinion, it doesn’t attract enough attention. Decumulation is the process of drawing down a capital…
- By: Gerry Wahl
- April 6, 2021 April 6, 2021
- 12:00