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CAPSA pension risk management guideline too divergent, says ACPM

The Canadian Association of Pension Supervisory Authorities’ draft guideline for pension plan risk management covers too many topics and audiences, limiting its practical applicability, according…

  • By: Staff
  • October 6, 2023 October 5, 2023
  • 09:00
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Majority of U.S. DB pension plan sponsors expect to divest liabilities over next 4 years: survey

Nine in 10 (89 per cent) U.S. defined benefit pension plan sponsors say they’re expecting to completely divest their plan liabilities in roughly four years,…

  • By: Staff
  • October 4, 2023 October 4, 2023
  • 15:00

Median solvency ratio of Canadian DB pension plans up in Q3: reports

The median solvency ratio of defined benefit pension plans in Canada increased during the third quarter of 2023, according to separate reports from Mercer and Aon.…

  • By: Staff
  • October 3, 2023 October 3, 2023
  • 11:00
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Competitive pension risk transfer costs climb from 100.2% to 100.5% in August: report

The estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process increased from 100.2 per cent of a plan’s accounting…

  • By: Staff
  • September 28, 2023 September 27, 2023
  • 10:30
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Top 5 HR, benefits, pension and investment stories of the week

An article on the 2023 Benefits Canada Healthcare Survey’s findings on plan members’ appreciation of health benefits was the most-read story on BenefitsCanada.com over the last week.…

  • By: Staff
  • September 22, 2023 September 21, 2023
  • 09:00

CPPIB appointing Manroop Jhooty head of total fund management

The Canada Pension Plan Investment Board is appointing Manroop Jhooty as senior managing director and head of total fund management, effective immediately. In the new role,…

  • By: Staff
  • September 21, 2023 September 20, 2023
  • 15:00

Funded ratio of large U.S. DB pension plans down in August with $98BN funded status decline: report

The funded ratio of the U.S.’s 100 largest defined benefit pension plans dropped slightly in August, from 76.8 per cent as of July 31 to…

  • By: Staff
  • September 21, 2023 September 20, 2023
  • 10:30

Ontario Teachers’ CIO Ziad Hindo to step down in December

The Ontario Teachers’ Pension Plan’s Ziad Hindo will step down from his role as chief investment officer, effective Dec. 31, 2023. He joined the Ontario…

  • By: Staff
  • September 20, 2023 September 20, 2023
  • 15:00

CalPERS CIO Nicole Musicco to step down this month

The California Public Employees’ Retirement System’s Nicole Musicco will step down from her role as chief investment officer, effective Sept. 29, 2023. Musicco, who joined…

  • By: Staff
  • September 19, 2023 September 19, 2023
  • 11:00

North American institutional investors own half of private capital raised globally in 2022: report

North American institutional investors raised $749.7 billion, nearly half (49 per cent) of the $1.53 trillion total private capital raised globally between the second half…

  • By: Staff
  • September 15, 2023 September 15, 2023
  • 15:00
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NYC, Oregon public pension funds suing Fox over 2020 U.S. election coverage, alleging harm to investors

New York City’s pension funds and the State of Oregon are suing Fox Corp., alleging the company harmed investors by allowing Fox News to broadcast…

  • By: Staff
  • September 14, 2023 September 14, 2023
  • 11:30

Largest global pension funds’ combined assets decreased 12.9% in 2022: report

The world’s largest 300 pension funds saw their assets decrease by 12.9 per cent to US$20.6 trillion in 2022, down from $23.6 trillion at the…

  • By: Staff
  • September 14, 2023 September 13, 2023
  • 09:00

CAPSA’s risk management guideline adaptable to changes in cybersecurity, ESG: webinar

The Canadian Association of Pension Supervisory Authorities’ new risk management guideline allows for additional flexibility amid evolving issues such as cybersecurity and environmental, social and…

  • By: Blake Wolfe
  • September 11, 2023 September 10, 2023
  • 09:00
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U.S. public DB pension plans’ funded ratio continues to increase: report

The funded ratio of the 100 largest U.S. public defined benefit pension plans increased to 76.8 per cent as of July 31, up from 75.8…

  • By: Staff
  • September 5, 2023 September 1, 2023
  • 12:08
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Research finds pensions struggle to determine metrics for ESG goals

There’s no one-size-fits-all approach for pension funds looking to use an environmental, social and governance lens in their investment approach, according to a new publication…

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

An article on the most recent changes to the Canada Labour Code was the most-read story on BenefitsCanada.com over the last week. Here are the five most…

  • By: Staff
  • August 25, 2023 August 25, 2023
  • 09:00
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OMERS reporting 3.1% return in first half of 2023, driven by public equities

The Ontario Municipal Employees’ Retirement System is reporting a total fund net return of 3.1 per cent for the six-month period ended June 30, 2023.…

  • By: Staff
  • August 22, 2023 August 21, 2023
  • 09:00
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Ontario DB pension plans return 0.7% in Q2 2023: FSRA

Ontario-based defined benefit pension plans returned, on average, 0.7 per cent on their investments in the second quarter of 2023, according to a new report…

  • By: Staff
  • August 21, 2023 August 18, 2023
  • 09:00
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Ontario Teachers’ reporting 1.9% return, $17.5BN surplus in first half of 2023

The Ontario Teachers’ Pension Plan is reporting a total fund net return of 1.9 per cent for the six-month period ended June 30, 2023. The…

  • By: Staff
  • August 16, 2023 August 15, 2023
  • 09:00

Majority of U.K. DB pension plan sponsors favour annuity buyout as long-term strategy: survey

More than half of U.K. defined benefit pension plan sponsors say they’d consider ways of securing benefits for their members beyond insurance-based solutions, according to a…

  • By: Staff
  • August 15, 2023 August 14, 2023
  • 10:00

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

An article on how Yellow Corp.’s bankruptcy will impact Canadian workers’ pensions was the most-read story on BenefitsCanada.com over the last week. Here are the five most…

  • By: Staff
  • August 11, 2023 August 10, 2023
  • 09:00

How climate change and inflation are impacting agricultural investments

Despite the prevalence of farming in its home province, the Alberta Investment Management Corp.’s agricultural portfolio is just 13 years old, the product of a…

Pulling Simon Fraser University’s endowment funds back from the brink

Jacky Shen suspects he was the oldest intern Simon Fraser University’s treasury department ever had. It was 2007, he was in his early 40s, had…

Canadian DB pension plans return 1.19% in second quarter of 2023: report

Canadian defined benefit pension plans generated a median return of 1.19 per cent in the second quarter of 2023, according to the BNY Mellon Canadian…

  • By: Staff
  • August 10, 2023 August 9, 2023
  • 11:30
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Report finds Canadian pension risk transfer market saw $7.8BN in transferred liabilities in 2022

Canada’s pension de-risking market saw a record-breaking year in 2022, with $7.8 billion in transferred liabilities and 155 transactions, according to a new report by…