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WISE Trust returns 7.9% in 2023, net assets increase to $4 billion

The Workplace Insurance and Safety Employees Trust generated a net return of 7.9 per cent in 2023, with net assets reaching $4 billion, up from…

Average funded ratio of Canadian DB pension plans up 7% in Q1 2024: report

The funded ratio of the average Canadian defined benefit pension plan, excluding the effect of asset smoothing, reached 124 per cent as at March 31,…

  • By: Staff
  • April 23, 2024 April 22, 2024
  • 09:00
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FSRA focusing on target-benefit framework for MEPPs, sustainability of PBGF in 2024-25 annual plan

In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s…

  • By: Staff
  • April 17, 2024 April 16, 2024
  • 09:00

How CAAT is supporting its ESG aspirations through responsible investments, team-building

As an institutional investor, Asif Haque knows the Colleges of Applied Arts and Technology Pension Plan has a responsibility to meet the rising challenge of…

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IMCO returns 5.6% for 2023, driven by public equities

The Investment Management Corp. of Ontario is reporting a net return of 5.6 per cent for 2023, with net assets increasing to $77.4 billion. The…

Median solvency ratio of Canadian DB pension plans up 2% in Q1 2024: reports

The median solvency ratio of Canadian defined benefit pension plans increased two per cent in the first quarter of 2024, according to a report by…

  • By: Staff
  • April 4, 2024 April 4, 2024
  • 15:00
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Where do Canadian institutional investors stand on calls for increased domestic investments?

A renewed call for increased domestic investments by Canadian pension plans isn’t surprising amid an ongoing discussion around the role of investment organizations in supporting the…

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Funded ratio of 100 largest U.S. DB pension plans increased 1.7% in February: report

The funded ratio of the 100 largest U.S. public defined benefit pension plans rose to 78.6 per cent as of Feb. 29, up from 77.7…

  • By: Staff
  • April 3, 2024 April 3, 2024
  • 15:00
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Average Canadian DB pension plan’s funded solvency position up 2.8% in February: report

The funded position of a typical defined benefit pension plan rose both on a solvency basis (2.8 per cent) and an accounting basis (2.3 per…

  • By: Staff
  • March 28, 2024 March 28, 2024
  • 15:00
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Ontario continues work on infrastructure bank, target-benefit pension plan framework

In its 2024 budget on Tuesday, the Ontario government reiterated its support for a provincial infrastructure bank to leverage public sector pension investments. The bank,…

  • By: Staff
  • March 27, 2024 March 27, 2024
  • 15:00

CalPERS doubling down on allocations to private market assets

The California Public Employees’ Retirement System is increasing its investments in private market assets to maximize returns from its highest-performing asset classes. The pension fund…

  • By: Staff
  • March 22, 2024 March 20, 2024
  • 15:00
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CPPIB and Ontario Teachers’ reinvesting in India infrastructure fund

The Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan are reinvesting in an infrastructure trust sponsored by the National Highways Authority of…

  • By: Staff
  • March 22, 2024 March 21, 2024
  • 15:00

Ontario Teachers’ returns 1.9% for 2023

The Ontario Teachers’ Pension Plan is reporting a net return of 1.9 per cent for 2023, according to its latest annual report. The investment organization…

  • By: Staff
  • March 21, 2024 March 21, 2024
  • 09:00

Group annuity market growing as DB pension plans move to de-risk

Ford of Canada’s recent transfer of $923 million in pension liabilities to Desjardins Group, RBC Insurance and Sun Life Assurance Co. of Canada augurs well…

Ontario Teachers’ backs Indian financial software company, invests in German logistics assets

The Ontario Teachers’ Pension Plan’s late-stage venture and growth investment arm is investing $80 million in India-based financial software company Perfios. The company serves the banking,…

  • By: Staff
  • March 15, 2024 March 14, 2024
  • 15:00

Global pension assets up 11% in 2023: report

Global pension assets increased by 11 per cent to reach US$55.7 trillion in 2023, up from $50.2 trillion at the end of 2022, according to…

  • By: Staff
  • March 14, 2024 March 13, 2024
  • 09:00

HOOPP returns 9.38% for 2023, driven by equities, fixed income

The Healthcare of Ontario Pension Plan is reporting an annual return of 9.38 per cent for 2023, partly due to the performance of equities and…

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OPTrust returns 5.3% in 2023, marks 15 consecutive years at 100% funded status

The OPSEU Pension Trust returned 5.3 per cent for 2023, according to its latest year-end report. It found, as of Dec. 31, 2023, the plan’s…

  • By: Staff
  • March 13, 2024 March 13, 2024
  • 09:00

Rise in private credit demand will push institutional investors to provide increased disclosure: expert

While the growing demand for private credit will require additional disclosure by institutional investors, it’s yet to be seen whether it will resemble similar restrictions…

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

An article on Eastman Kodak Co.’s plans to outsource management of its pension assets was the most-read story on BenefitsCanada.com. Here are the top five…

  • By: Staff
  • March 8, 2024 March 7, 2024
  • 09:00

Ontario Teachers’ making key appointments on investment team

The Ontario Teachers’ Pension Plan is making three key appointments to its executive team, effective immediately. Its appointing Bernard Grzinic as executive managing director of…

  • By: Staff
  • March 6, 2024 March 5, 2024
  • 15:00
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Kodak outsourcing US$1.6TN of pension assets to maximize overfunded status

Eastman Kodak Co. is disbanding a team that manages the firm’s US$1.6 trillion of pension investments and moving its management to Boston-based investment consulting firm…

  • By: Staff
  • March 6, 2024 March 5, 2024
  • 09:00
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Ontario DB pension plans’ average solvency ratio increased to 119% in Q4 2023: FSRA

The average projected solvency ratio for Ontario defined benefit pension plans was 119 per cent as of Dec. 31, 2023, up two per cent from…

  • By: Staff
  • March 6, 2024 March 5, 2024
  • 09:00
Canada’s DB pension plans post 5% return in Q4, close 2020 with 10% gain

Pension funds end Q4 2023 with positive results driven by equities, fixed income: report

Stocks and bonds helped pension funds find positive results in the fourth quarter of 2023, according to the performance universe of pension managers’ pooled funds…

  • By: Staff
  • March 5, 2024 March 4, 2024
  • 09:00
Caisse, CPPIB, Ontario Teachers’ invest in insurance company

Caisse sells 1.3% of shares in insurance firm, BCI buys ownership stake in Australian agriculture operator

The Caisse de dépôt et placement du Québec is selling 1.3 per cent of the issued and outstanding common shares it holds of insurance provider…

  • By: Staff
  • February 29, 2024 February 29, 2024
  • 15:00