DB – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 02 May 2024 19:07:58 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Funded ratio of 100 largest U.S. corporate DB pension plans declines to 98.4% in fiscal 2023: report https://www.benefitscanada.com/canadian-investment-review/research-markets/funded-ratio-of-100-largest-u-s-corporate-db-pension-plans-declines-to-98-4-in-fiscal-2023-report/ Wed, 01 May 2024 13:00:08 +0000 https://www.benefitscanada.com/?p=155012 The funded ratio of U.S. corporate defined benefit pension plans declined to 98.5 per cent in fiscal 2023 from 99.4 per cent in 2022, according to a new report by Milliman Inc. The report, which reviews the financial disclosures of the 100 largest U.S. public corporate DB plans, found their average return on investments was […]

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]]> WISE Trust returns 7.9% in 2023, net assets increase to $4 billion https://www.benefitscanada.com/canadian-investment-review/db-investments/wise-trust-returns-7-9-in-2023-net-assets-increase-to-4-billion/ Tue, 23 Apr 2024 19:00:50 +0000 https://www.benefitscanada.com/?p=154567 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 $3.8 billion in 2022, according to its latest report. In a press release, Christopher Brown, WISE Trust’s chief executive officer, said the results are a testament to its partnership with […]

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]]> Average funded ratio of Canadian DB pension plans up 7% in Q1 2024: report https://www.benefitscanada.com/pensions/defined-benefit-pensions/average-funded-ratio-of-canadian-db-pension-plans-up-7-in-q1-2024-reports/ Tue, 23 Apr 2024 13:00:03 +0000 https://www.benefitscanada.com/?p=154482 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, 2024, up seven per cent from the fourth quarter of 2023, according to a new report by Normandin Beaudry. It found the average solvency ratio of Canadian pension plans was […]

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]]> FSRA focusing on target-benefit framework for MEPPs, sustainability of PBGF in 2024-25 annual plan https://www.benefitscanada.com/pensions/governance-law/fsra-focusing-on-target-benefit-framework-for-mepps-sustainability-of-pbgf-in-2024-25-annual-plan/ Wed, 17 Apr 2024 13:00:25 +0000 https://www.benefitscanada.com/?p=154330 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 defined benefit pension plan sector. The regulatory body will review and enhance its supervisory framework to strengthen supervision of large public sector pension plans, ensuring its plan amendments and surplus […]

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]]> How CAAT is supporting its ESG aspirations through responsible investments, team-building https://www.benefitscanada.com/archives_/benefits-canada-archive/how-the-caat-is-supporting-its-esg-aspirations-through-responsible-investments-team-building/ Fri, 12 Apr 2024 12:55:57 +0000 https://www.benefitscanada.com/?p=154076 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 climate change through responsible capital deployment. “[We] have a gigantic role to play in using our ownership and influence to engage with companies on their transition to a low-carbon future,” […]

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]]> IMCO returns 5.6% for 2023, driven by public equities https://www.benefitscanada.com/canadian-investment-review/research-markets/imco-returns-5-6-for-2023-driven-by-public-equities/ Thu, 11 Apr 2024 13:00:26 +0000 https://www.benefitscanada.com/?p=154131 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 investment organization’s year-end report found public equities returned 18 per cent in 2023, followed by global credit (7.7 per cent), fixed income (5.9 per cent), private equity (5.7 per cent), […]

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]]> Median solvency ratio of Canadian DB pension plans up 2% in Q1 2024: reports https://www.benefitscanada.com/pensions/defined-benefit-pensions/median-solvency-ratio-of-canadian-db-pension-plans-up-2-in-q1-2024-reports/ Thu, 04 Apr 2024 19:00:37 +0000 https://www.benefitscanada.com/?p=153937 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 Mercer. The report, which tracks more than 450 DB pension plans, found the median solvency ratio grew to 118 per cent, as at March 29, 2024, from 116 per cent […]

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]]> Where do Canadian institutional investors stand on calls for increased domestic investments? https://www.benefitscanada.com/news/cir-news-news/where-do-canadian-institutional-investors-stand-on-calls-for-increased-domestic-investments/ Thu, 04 Apr 2024 13:00:53 +0000 https://www.benefitscanada.com/?p=152900 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 economy, says Malcolm Hamilton, a senior fellow at the C.D. Howe Institute. “I think it’s very natural for Canadian businesses . . . [that] focus on the Canadian economy, not […]

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]]> Funded ratio of 100 largest U.S. DB pension plans increased 1.7% in February: report https://www.benefitscanada.com/pensions/defined-benefit-pensions/funded-ratio-of-100-largest-u-s-db-pension-plans-increased-1-7-in-february-report/ Wed, 03 Apr 2024 19:00:33 +0000 https://www.benefitscanada.com/?p=153876 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 per cent at the end of January, according to Milliman Inc.’s latest public pension funding index. Individually, public pension plans returned between an estimated 0.0 per cent to 3.2 per cent […]

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]]> Average Canadian DB pension plan’s funded solvency position up 2.8% in February: report https://www.benefitscanada.com/pensions/defined-benefit-pensions/average-canadian-db-pension-plans-funded-solvency-position-up-2-8-in-february-report/ Thu, 28 Mar 2024 19:00:17 +0000 https://www.benefitscanada.com/?p=153693 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 cent) during February, according to Telus Health’s latest pension index. It found the solvency of the average DB plan rose to 103.6 per cent in February, up from 100.8 per […]

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