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Latest news in DB

What do historically low interest rates mean for DB pension de-risking?

Climate, cybersecurity risks increasing for federally regulated pension plans: OSFI outlook

Climate and cybersecurity are the leading risk factors concerning Canadian pension plan administrators, according to a pension lawyer. Susan G. Seller, a pension and benefits…

2023 Risk Management Conference: Super-priority bill fallout presenting DB plan sponsors with opportunities to embrace more innovative plans

Defined benefit pension plan sponsors that are considering winding up their plans or converting them to another framework following the federal government’s super-priority bill have…

2023 Risk Management Conference: How UPP is focusing on active investing in its climate action plan

During the launch of the University Pension Plan, Barbara Zvan, its president and chief executive officer, knew getting to know the plan’s members was vital to its…

2023 Risk Management Conference: Interest rate lessons from the CBC Pension Plan’s LDI strategy

Defined benefit pension plan sponsors must consider the downsides of using a liability-driven investment strategy, particularly the role of interest rates, said Duncan Burrill, managing director…

Average DB pension plan returns -3.8% in September: report

The funded position of a typical Canadian defined benefit pension plan increased on a solvency and an accounting basis as of Sept. 30, according to…

  • By: Staff
  • October 17, 2023 October 17, 2023
  • 11:00
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Survey finds 66% of asset owners increasing allocations to private markets

Two-thirds (66 per cent) of large institutional asset owners say they plan to increase their allocations to private markets over the coming year, according to…

  • By: Staff
  • October 13, 2023 October 13, 2023
  • 15:00

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

An article on the Association of Canadian Pension Management’s response to the Canadian Association of Pension Supervisory Authorities’ draft risk management guideline was the most-read story…

  • By: Staff
  • October 13, 2023 October 12, 2023
  • 09:00

Trusteed pension funds’ assets valued at $2.2TN in Q1 2023: StatsCan

The value of Canadian trusteed pension funds’ assets rose by $40.9 billion — roughly two per cent — in the first quarter of 2023 to $2.2 trillion,…

  • By: Staff
  • October 10, 2023 October 10, 2023
  • 09:00
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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