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Latest news in DB

CalPERS reporting 6.1% loss in last fiscal year: report

The California Public Employees’ Retirement System is reporting a net loss of 6.1 per cent for its last fiscal year, according to its preliminary annual…

  • By: Staff
  • July 28, 2022 July 28, 2022
  • 12:45
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U.K. government proposing rules requiring DB pensions to share investment strategies

The U.K. government is proposing new rules requiring defined benefit pension plan sponsors to provide regulators with a summary of their investment strategies. Under the proposed…

  • By: Staff
  • July 28, 2022 July 28, 2022
  • 11:00
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Caisse to redevelop Quebec City mall, Ontario Teachers’ acquiring Dutch logistics portfolio

The real estate arm of the Caisse de dépôt et placement du Québec is entering a strategic partnership with a Quebec City real estate firm…

  • By: Staff
  • July 28, 2022 July 28, 2022
  • 09:35

Canadian DB pension plan assets down 8.8% in Q2: report

The median Canadian defined benefit pension plan’s investments declined 8.8 per cent during the second quarter of 2022, according to a new report by Northern…

  • By: Staff
  • July 28, 2022 July 28, 2022
  • 09:00

Top 5 HR, benefits and pension stories of the week

The appointment of the TTC pension plan’s first director of investment risk and analytics was the most-read story on BenefitsCanada.com over the last week. Here…

  • By: Staff
  • July 22, 2022 July 21, 2022
  • 09:00

PSP selling portion of talent agency stake, OMERS investing in B2B service provider

The Public Sector Pension Investment Board is selling a portion of its stake in a talent agency expanding into the marketing advisory sector. Controlling interest…

  • By: Staff
  • July 21, 2022 July 21, 2022
  • 12:30
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Canadian pension plan sponsors increasingly concerned by broad-scale climate resilience of portfolios: report

Canada’s defined benefit pension plan sponsors are more concerned about broad-scale climate resilience in portfolios than they were before the coronavirus pandemic, according to a…

  • July 21, 2022 July 21, 2022
  • 12:00

TTC pension plan appointing Danny Ip director of investment risk and analytics

The TTC Pension Plan is appointing Danny Ip as its first director of investment risk and analytics. In the newly created role, Ip is responsible…

  • By: Staff
  • July 19, 2022 July 19, 2022
  • 12:45
How commuted-value calculation changes will impact lump-sum DB pension payments

Canadian DB pension plan assets declined 5.4 per cent in June: report

The value of a typical Canadian defined benefit pension plan’s assets declined in June, according to LifeWorks Inc.’s latest monthly report. An investment portfolio designed…

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B.C. public sector pension plans schooling trustees with plan-specific curriculum

Four of British Columbia’s public sector pension plans are educating trustees with a new plan-specific curriculum. The curriculum — a collaboration between the College Pension…

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CAPSA’s risk management guideline committee seeking members for industry working group

The Canadian Association of Pension Supervisory Authorities’ risk management guideline committee is seeking nominations for an industry working group. The committee will draw on the group…

  • By: Staff
  • July 14, 2022 July 13, 2022
  • 09:00
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Cryptocurrency plunge a cautionary tale for U.S. public pension funds

When the Houston Firefighters Relief and Retirement Fund bought $25 million in cryptocurrencies with the fund’s chief investment officer touting their potential, retired fire Capt.…

2022 Pension Leadership Awards opens for entries

The Canadian Investment Review is now accepting nominations for the 2022 Pension Leadership Awards. The third annual Pension Leadership Awards will celebrate the organizations and individuals…

  • By: Staff
  • July 12, 2022 July 12, 2022
  • 12:00

U of T pension assets grew by 4.7 per cent in the first half of 2021: UTAM report

The pension plan for the faculty and staff of the University of Toronto grew from $6.3 billion to $6.6 billion in the first six months of…

  • By: Staff
  • July 5, 2022 July 8, 2022
  • 12:15
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Canadian DB plans’ median solvency ratio increases to 109% in Q2: report

Despite year-to-date asset losses and historically high levels of inflation, most Canadian defined benefit pension plans are reporting increased funded positions in the second quarter…

  • By: Staff
  • July 5, 2022 July 4, 2022
  • 09:00
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French election results scuttle Macron’s hopes for pension reform

French president Emmanuel Macron’s efforts to reform his country’s pension system have been set back by the results of divisive national elections. During his campaign…

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Nova Scotia’s PSSP returns 5.56% for fiscal year

The Nova Scotia Public Service Superannuation Plan generated net returns of 5.56 per cent during its latest fiscal year, which ended on March 31, 2022.…

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Higher long-term bond yields lowering annuity purchase costs for DB pension plan sponsors: expert

Higher long-term bond yields driven by rising interest rates are lowering the cost of annuity purchases for defined benefit pension plans, says Mary Kate Archibald,…

Transition to low carbon economy highlighting climate risks for pension plans: CAPSA

The potential impact of a disorderly transition to a low carbon economy is a top factor driving financial market regulators to accelerate and focus their…

  • By: Staff
  • June 27, 2022 June 24, 2022
  • 09:00
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Top 5 HR, benefits and pension stories of the week

An article on Stelco Inc.’s $1.3 billion annuity buy-in for one of its defined benefit pension plans was the most-read story on BenefitsCanada.com over the…

  • By: Staff
  • June 24, 2022 June 23, 2022
  • 09:00

How to prepare pension portfolios for persistently higher inflation: CPBI session

There are a lot of reasons to believe financial markets will be very different in the next 10 to 20 years than what pension funds…

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No need for separate OSFI culture risk management guideline, says CIA

Culture risk management can be enhanced within existing risk management frameworks, says the Canadian Institute of Actuaries, adding it doesn’t see a need for a…

  • By: Staff
  • June 22, 2022 June 21, 2022
  • 09:00

Trusteed pension funds’ assets valued at $2.27TN in Q4: Stats Can

The market value of assets held by Canadian trusteed pension funds increased 4.2 per cent to $2.27 trillion in the fourth quarter of 2021, up from…

  • By: Staff
  • June 21, 2022 June 21, 2022
  • 09:00
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ACPM provides feedback on proposed amendments to pension accounting standards

The Association of Canadian Pension Management is providing feedback on the Accounting Standards Board’s proposed amendments to the Chartered Professional Accountants of Canada’s handbook, including…

  • By: Staff
  • June 16, 2022 June 15, 2022
  • 09:00
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CAPSA seeking feedback on risk management guidelines

The Canadian Association of Pension Supervisory Authorities is seeking feedback on three risk management guidelines. The guidelines will cover pension plans’ use of leverage, cyber…

  • By: Staff
  • June 15, 2022 June 14, 2022
  • 09:00