How can pension plan sponsors help women hit their retirement readiness stride?
Preparing financially for retirement is a marathon filled with many obstacles along the way to a constantly shifting finish line. Even in 2021, female employees…
Latest news in Other
Improving business outcomes top priority for investment organizations focusing on DEI: survey
A third of investment organizations participating in the CFA Institute’s recent diversity, equity and inclusion program said they’ve trained between 81 and 99 per cent…
- By: Staff
- September 16, 2021 September 15, 2021
- 12:00
Trusteed pension funds’ assets valued at $2.1T in Q1: StatsCan
The market value of assets held by Canadian trusteed pension funds totalled $2.1 trillion at the end of the first quarter, according to new data…
- By: Staff
- September 16, 2021 September 16, 2021
- 09:32
AIMCo, Alberta Teachers’ sign investment management agreement
The Alberta Investment Management Corp. has reached an investment management agreement with the Alberta Teachers’ Retirement Fund Board following a protracted period of negotiation. The…
- By: Staff
- September 9, 2021 September 9, 2021
- 09:30
Phishing and ransomware risks on the rise for pension funds, says expert
Phishing and ransomware attacks are among the top threats to pension plan sponsors and institutional investors by cyber criminals, according to Jennifer Williams, director of…
- By: Gideon Scanlon
- September 2, 2021 September 2, 2021
- 13:30
IMCO appointing Rossitsa Stoyanova as CIO
The Investment Management Corp. of Ontario is naming Rossitsa Stoyanova as its next chief investment officer. The announcement comes just weeks before the organization’s current…
- By: Staff
- August 12, 2021 August 12, 2021
- 12:00
FSRA issuing guidance on pension plan administrator responsibilities
The Financial Services Regulatory Authority of Ontario is releasing final interpretation guidance to support the role and responsibilities of pension plan administrators. The guidance, an updated…
- By: Staff
- July 30, 2021 July 29, 2021
- 09:00
UPP selects CIBC Mellon for investment operations, pension plan member services
The University Pension Plan has selected CIBC Mellon to provide asset servicing, investment operations and plan member services, including custody, institutional accounting, performance and analytics, risk,…
- By: Staff
- July 27, 2021 July 26, 2021
- 09:00
Aon, Willis Towers Watson call off proposed merger
Aon and Willis Towers Watson have agreed to terminate their proposed merger and end litigation with the U.S. Department of Justice. The merger, which was…
- By: Staff
- July 26, 2021 July 26, 2021
- 12:00
CFA’s ESG standards could facilitate greenwashing, warns IFIC
The Chartered Financial Analyst Institute’s draft voluntary environmental, social and governance disclosure standards are vulnerable to greenwashing, warns the Investment Funds Institute of Canada. In…
- By: Gideon Scanlon
- July 20, 2021 July 20, 2021
- 11:00
BCI names Ramy Rayes interim EVP, investment strategy and risk
The British Columbia Investment Management Corp. is appointing Ramy Rayes as acting executive vice-president of investment strategy and risk. Rayes, who joined the BCI in…
- By: Staff
- July 19, 2021 July 20, 2021
- 15:00
Millennials, gen-Xers hit hardest financially during pandemic: survey
The coronavirus pandemic is financially impacting generation Z, millennials, generation X and baby boomers differently. Canadians from the millennial (22 per cent) and gen-X (25…
- By: Staff
- June 24, 2021 June 24, 2021
- 09:00
Financial market regulators highlighting focus on DC investment fees
Investment fees led the agenda at the Joint Forum of Financial Market Regulators’ annual meeting last week. This year, the forum engaged externally on investment fees,…
- By: Staff
- June 15, 2021 June 14, 2021
- 15:00
Desjardins Group to acquire Montreal-based Hexavest
The Desjardins Group is set to acquire Montreal-based investment firm Hexavest Inc. The deal is expected to close on Sept. 1, 2021, subject to certain…
- By: Staff
- May 31, 2021 June 1, 2021
- 15:15
Pension sponsors have fiduciary responsibility to consider climate change: webinar
Canada’s pension plan sponsors have a fiduciary responsibility to consider climate change in their financial decisions, according to Randy Bauslaugh, counsel for pensions and benefits…
- By: Blake Wolfe
- May 28, 2021 May 27, 2021
- 09:10
Manulife Financial linking executive team goals to climate action
Manulife Financial Corp. is linking its executive team goals to the company’s climate action plan, including committing to a net-zero focus by reducing emissions operationally, adopting sustainable…
- By: Staff
- May 11, 2021 May 11, 2021
- 15:00
Caisse, UPP employees receiving recognition for net-zero contributions
Employees at two Canadian pension plans are being recognized for their responsible investment achievements. The British High Commission and the Canada Climate Law Initiative named…
- By: Staff
- May 7, 2021 May 7, 2021
- 15:00
UTAM posts 11.7% pension return for 2020
The University of Toronto Asset Management Corp. ended 2020 with pension and endowment returns of 11.7 per cent and 11.6 per cent, respectively. In a…
- By: Staff
- May 5, 2021 May 4, 2021
- 09:00
Alberta Teachers’ withdrawing from responsible investing secretariat
The Alberta Teachers’ Retirement Fund Board is withdrawing its membership from the Principles of Responsible Investing Secretariat as it transfers responsibility for asset management to…
- By: Staff
- April 6, 2021 April 25, 2021
- 12:45
Caisse investing in vision-care company; Ontario Teachers’, AIMCo selling governance solutions firm
The Caisse de dépôt et placement du Québec is part of an investment group acquiring New Look Vision Group Inc., a provider of eye-care products…
- By: Staff
- March 23, 2021 April 13, 2021
- 09:00
Imperial Oil urging investors to vote against Bâtirente’s net-zero emissions motion
Imperial Oil Ltd. is recommending investors attending its annual meeting in May vote against a shareholder resolution that it adopt a corporate-wide target to achieve…
- By: The Canadian Press, with files from staff
- March 23, 2021 March 23, 2021
- 09:00
One year later: Institutional investors looking beyond pandemic
While the coronavirus pandemic is continuing to shape global markets following a tumultuous 2020, institutional investors are looking beyond the crisis, says Rob Almeida, portfolio…
- By: Blake Wolfe
- March 18, 2021 March 29, 2021
- 09:00
Caisse shuffling board at infrastructure subsidiary
The Caisse de dépôt et placement du Québec is appointing a new board of directors for the CDPQ Infra, its subsidiary that serves as principal…
- By: Staff
- March 15, 2021 March 15, 2021
- 09:00
Bâtirente applauding CIBC for emissions-reduction efforts tied to investments
Quebec-based pension fund Bâtirente is applauding CIBC for joining the Partnership for Carbon Accounting Financials. Through the industry initiative, the bank will publish the greenhouse-gas…
- By: Staff
- March 9, 2021 March 9, 2021
- 09:00
HOOPP focusing on DEI, stopping anti-Black racism
The Healthcare of Ontario Pension Plan is making diversity, equity and inclusion initiatives a top priority, including a commitment to combat anti-Black systemic racism. Elena…
- By: Blake Wolfe
- February 26, 2021 February 26, 2021
- 09:00