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PIAC urges flexibility in OSFI’s pension investment risk guidelines

The Pension Investment Association of Canada is urging the Office of the Superintendent of Financial Institutions to ensure its guidance on pension investment risk management is…

Photo by Michelle Quance

A look at HOOPP’s move into alternatives and growing its in-house investing expertise

Michael Wissell, the Healthcare of Ontario Pension Plan’s recently appointed chief investment officer, is stewarding the $114.4-billion plan’s growth while preserving its historic drivers of…

Ontario Pension Board cuts liabilities, generates 9.4% return in 2021

The Ontario Pension Board, the administrator of province’s public service pension plan, generated a return of 9.4 per cent in 2021. In its yet-to-be released…

  • By: Staff
  • May 10, 2022 May 16, 2022
  • 09:01
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DB pension plans saw solvency gains, 5.3% losses in April: report

In spite of overall losses, Canadian defined benefit pension plans saw their financial positions improve on a solvency and accountancy basis in April, according to…

  • By: Staff
  • May 5, 2022 May 5, 2022
  • 11:00
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Canadian DB pension plan losses hit 5.5% in Q1: report

Canada’s defined benefit pension plans saw average losses of 5.5 per cent in the first quarter of 2022, according to a new report by RBC Investor…

  • By: Staff
  • May 3, 2022 May 4, 2022
  • 11:30
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N.S. Teachers’ Pension Plan returns 9.63%, though solvency ratio remains below 85%

The Nova Scotia Teachers’ Pension Plan exceeded its return benchmark in 2021, though its solvency ratio on a growing-concern basis remains underwater, according to its…

  • By: Staff
  • May 3, 2022 May 2, 2022
  • 09:00

Canadian DB pension plans return -6.4% during heightened volatility in Q1: report

The median Canadian defined benefit pension plan experienced a pullback in investment returns during the first quarter of 2022, returning negative 6.4 per cent as…

  • By: Staff
  • April 25, 2022 April 26, 2022
  • 09:00
Alberta government facing backlash after changing terms of public-sector pensions

AIMCo returns 14.7% in record-breaking year

The Alberta Investment Management Corp. secured a return of 14.7 per cent in 2021, according to its annual report. During the year, the AIMCo’s assets under…

  • By: Staff
  • April 21, 2022 April 21, 2022
  • 11:00

A closer look at the feds’ proposed borrowing flexibility rule for DB pensions

Last week’s federal budget proposed more borrowing flexibility for registered defined benefit plans. The proposal would replace the historical 90-day term limit on short-term borrowing…

A look at the Pension Plan of the United Church of Canada’s efforts to be a good shepherd of capital

Jesus had a fractious relationship with the financial sector of his day. For those who work at the intersection of religion and finance, the reverberations…

What’s in the federal budget for employers, employees?

The federal government’s 2022 budget, which set out $56 billion in new spending on Thursday, has a few offerings that could impact employers and employees.…

  • By: Staff
  • April 8, 2022 April 8, 2022
  • 09:00
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Typical DB pension plan improved on a solvency, accounting basis in March: report

While a typical Canadian defined benefit pension plan saw negative investment returns in March, it also improved on a solvency and accounting basis, according to…

  • By: Staff
  • April 7, 2022 April 7, 2022
  • 11:00
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Canadian DB plans’ average solvency ratio increases to 108% in Q1: report

The average solvency ratio of Canadian defined benefit pension plans in Mercer’s database increased five percentage points in the first quarter of 2022, according to…

  • By: Staff
  • April 5, 2022 April 4, 2022
  • 09:00

U.K. investment organizations must release climate disclosures: regulator

The U.K. pension regulator is releasing new rules on climate disclosures for institutional investors and defined benefit pension plans. In a report, the Financial Conduct…

  • By: Staff
  • March 31, 2022 March 31, 2022
  • 12:30
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Dealing with a workplace pension can be first big investing decision for young people

In the fall of 2021, 39-year-old Krista Lehman quit her job as a program assistant at a Vancouver post-secondary institution to take a mental-health break…

Trusteed pension funds’ assets valued at $2.18T in Q3: StatsCan

The market value of assets held by Canadian trusteed pension funds rose 1.8 per cent to $2.18 trillion in the third quarter of 2021, up from $2.14…

  • By: Staff
  • March 18, 2022 March 17, 2022
  • 09:05

What do rising inflation, interest rates mean for pension de-risking?

After navigating the unpredictable markets of the past two decades, some defined benefit pension plan sponsors could be forgiven for wanting to seek out some…

Pension plan sponsors push on with real estate investments despite Omicron setback

Right from the very beginning, the coronavirus pandemic has taken Canadian real estate investors on a wild ride. After the freefalling panic of March 2020,…

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CAAT reports 11% average 10-year net return

The Colleges of Applied Arts and Technology pension plan increased its average 10-year net return to 11 per cent and outperformed its benchmark, according to…

  • By: Staff
  • March 17, 2022 March 16, 2022
  • 09:00
Plan Sponsor Week: HOOPP looking to LDI strategy 2.0 amid low interest rates

After a strong 2021, HOOPP is prepared for a volatile 2022: CEO

The Healthcare of Ontario Pension Plan generated an 11.28 per cent return in 2021, led by its public and private equity portfolios. “It was a…

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Ontario Teachers’ returns 11.1% for 2021, led by private equity investments

The Ontario Teachers’ Pension Plan investments returned 11.1 per cent in 2021, with its result driven by the strong performance of its private equity portfolio.…

  • By: Staff
  • March 14, 2022 March 15, 2022
  • 09:01

Survey finds 62% of U.S. DB plan sponsors seeking to exit their plans

Almost two-thirds (62 per cent) of U.S. defined benefit plan sponsors are seeking to exit their plans, while 33 per cent are looking to achieve…

  • By: Staff
  • March 11, 2022 March 11, 2022
  • 15:00
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Two years later: DB plans out of the pandemic frying pan, into the geopolitical fire

The second year of the coronavirus pandemic offered defined benefit pension plan sponsors a reprieve from the chaos sown in financial markets during its first…

Caisse venture capital hub partners with innovative funds, Ontario Teachers’ backs AI-powered credit platform

The Caisse de dépôt et placement du Québec’s venture capital hub is partnering with seven venture capital funds representing $8.6 billion in assets under management.…

  • By: Staff
  • March 10, 2022 March 10, 2022
  • 13:20

Largest U.S. DB plans’ average funded status reaches 93.8%: report

The average funded status for the largest U.S. defined benefit pension plans was 93.8 per cent in 2021, up from 86.2 per cent in 2020…

  • By: Staff
  • March 10, 2022 March 9, 2022
  • 09:00