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

An article on how remote and hybrid working arrangements are leading to a ‘Great Exhaustion’ was the most-read story on BenefitsCanada.com. Here are the top five…

  • By: Staff
  • April 12, 2024 April 11, 2024
  • 09:00

Editorial: Turning challenge into opportunity

As I write this column, I’m reflecting on the spectrum of weather I’ve witnessed this past winter. From my office window in southwestern Ontario, I…

Head to Head: Is it time to change the terminology around ESG?

An academic says environmental, social and governance terminology should evolve alongside understanding of the concept, while a consultant favours a focus on substance over form.…

How will growing anti-ESG sentiment in the U.S. impact Canadian institutional investors?

A growing wave of opposition to environmental, social and governance factors has turned life in the sustainable finance industry into something of a roller coaster…

How CAAT is supporting its ESG aspirations through responsible investments, team-building

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…

Back to basics on investment glide paths

Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee…

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Vestcor returns 7.5% for 2023, amid rising inflation, high interest rates

Vestcor Corp. is reporting a 7.5 per cent return for 2023, despite the challenges of rising inflation and high interest rates. The New Brunswick-based investment…

  • By: Staff
  • April 11, 2024 April 10, 2024
  • 11:00
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IMCO returns 5.6% for 2023, driven by public equities

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…

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New York City pension funds reach deal with RBC over clean energy funding disclosure

The New York City Employees’ Retirement System, Teachers’ Retirement System and Board of Education Retirement System signed an agreement with the Royal Bank of Canada…

  • By: Staff
  • April 10, 2024 April 10, 2024
  • 15:00

Canadian pension funds seeking diversification in real estate at home, abroad: experts

Significant headwinds in the commercial real estate sector have impacted the number of transactions seen in 2023, leading institutional investors to pursue diversification at home…

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CPPIB establishes student housing real estate investment platform, sells holdings in sports management firm

The Canada Pension Plan Investment Board is investing up to $40 million in the creation of a real estate investment platform dedicated to purpose-built student…

  • By: Staff
  • April 5, 2024 April 4, 2024
  • 15:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on considerations for plan sponsors ahead of the rollout of a new generation of obesity drugs was the most-read article on BenefitsCanada.com. Here…

  • By: Staff
  • April 5, 2024 April 4, 2024
  • 09:00

Median solvency ratio of Canadian DB pension plans up 2% in Q1 2024: reports

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…

  • By: Staff
  • April 4, 2024 April 4, 2024
  • 15:00

WISE Trust returns 7.9% in 2023, net assets increase to $4 billion

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…

  • By: Staff
  • April 23, 2024 April 23, 2024
  • 15:00

Average funded ratio of Canadian DB pension plans up 7% in Q1 2024: report

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,…

  • By: Staff
  • April 23, 2024 April 22, 2024
  • 09:00

FSRA focusing on target-benefit framework for MEPPs, sustainability of PBGF in 2024-25 annual plan

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…

  • By: Staff
  • April 17, 2024 April 16, 2024
  • 09:00

Global pension assets up 11% in 2023: report

Global pension assets increased by 11 per cent to reach US$55.7 trillion in 2023, up from $50.2 trillion at the end of 2022, according to…

  • By: Staff
  • March 14, 2024 March 13, 2024
  • 09:00

Halifax Port ILA/HEA assessing past, future of DB pension plans

While Blair Richards understands why the industry is moving away from defined benefit pension plans, he worries about what may be lost in the process.…

45% of U.S. DC plan sponsors considering adding emergency savings options in 2024: survey

More than two-fifths (45 per cent) of U.S. defined contribution pension plan sponsors say they’re considering implementing emergency savings features, according to a survey from…

  • By: Staff
  • January 23, 2024 January 23, 2024
  • 15:00

AIMCo returns 6.9% in 2023, driven by equities, fixed income

The Alberta Investment Management Corp.’s total fund generated a net return of 6.9 per cent in 2023, 1.8 percentage points below its 8.7 per cent benchmark.…

  • By: Staff
  • April 22, 2024 April 23, 2024
  • 15:00

CAAT returns 9.5% for 2023, led by global, emerging market equities

The Colleges of Applied Arts and Technology pension plan saw a net return of 9.5 per cent for 2023, with net assets of $20.1 billion,…

  • By: Staff
  • April 18, 2024 April 18, 2024
  • 09:30

Caisse reports more than $53 billion in low-carbon assets

The Caisse de dépôt et placement du Québec is reporting $53 billion in low-carbon assets, including $15 billion in Quebec, representing an overall increase of…

  • By: Staff
  • April 16, 2024 April 16, 2024
  • 09:00

Expert panel: How institutional investors are adapting to a post-pandemic global economy

Renowned American businessman and investor Charlie Munger once said, “You have to keep learning if you want to become a great investor. When the world…

Ontario Teachers’ considers selling seniors’ residence operator, Ivanhoé Cambridge forms Australian student housing joint venture

The Ontario Teachers’ Pension Plan is considering selling Amica Senior Lifestyles in a deal that could be worth $5 billion, according to report by Bloomberg. The…

  • By: Staff
  • April 19, 2024 April 18, 2024
  • 15:00

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

A story on how Organon Canada is supporting women employees at every stage of their career was the most-read story on BenefitsCanada.com. Here are the top…

  • By: Staff
  • April 19, 2024 April 18, 2024
  • 09:00

New ISSB guidelines aligning institutional investors globally on sustainability, climate-related disclosures

With the introduction of new sustainability and climate disclosure guidelines — IFRS S1 and IFRS S2 — from the International Sustainability Standard Board in January, institutional…

Expert Panel: CPPIB taking steps to face shifting investment landscape in China

The decision by the Canada Pension Plan Investment Board this month to reduce 10 per cent of its China equity team based in Hong Kong…

New York State Common Retirement Fund curbing oil and gas investments

The New York State Common Retirement Fund is restricting its exposure in eight integrated oil and gas companies, including divesting a portion of its investment…

  • By: Staff
  • March 26, 2024 March 26, 2024
  • 15:00

Demand for data centres rising as institutional investors seek to diversify real estate portfolios: expert

Data centres are becoming an important asset for institutional investors seeking to diversify their real estate portfolios. The data centre asset class was valued at…

Funded ratio of 100 largest U.S. DB pension plans increased 1.7% in February: report

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…

  • By: Staff
  • April 3, 2024 April 3, 2024
  • 15:00

Average Canadian DB pension plan’s funded solvency position up 2.8% in February: report

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…

  • By: Staff
  • March 28, 2024 March 28, 2024
  • 15:00

Financial market regulators establish committee to implement total cost reporting plan

The Joint Forum of Financial Market Regulators is establishing a committee to help implement its total cost reporting plan. The plan aims to increase investor…

  • By: Staff
  • December 15, 2023 December 15, 2023
  • 15:00

Men more likely than women to report reduced stress due to financial wellness programs: survey

More than a quarter (28 per cent) of male employees in the U.S. report a reduction in their stress levels due to their employer’s financial…

  • By: Staff
  • September 25, 2023 September 22, 2023
  • 09:00

Alberta deserves more than half CPP assets if it exits program: report

A report commissioned by the Alberta government estimates the province would be entitled to more than half the assets of the Canada Pension Plan if it…

Virtual-only meetings erode shareholder democracy: institutional investor group

A group of institutional investors is voicing concerns about the rise of virtual-only shareholder meetings they say risk eroding shareholder democracy. In an open letter…

Feds seeking to boost domestic investments by Canadian institutional investors: budget

In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…

  • By: Staff
  • April 17, 2024 April 16, 2024
  • 09:00

Where do Canadian institutional investors stand on calls for increased domestic investments?

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…

2023 Defined Benefit Investment Forum: Can institutional investors expect a recession in 2024?

The “most widely anticipated recession in history” could arrive in 2024, said Eric Lascelles, chief economist at RBC Global Asset Management, during the keynote session…

Coverage of the 2023 Defined Benefit Investment Forum

On Dec. 6, the Canadian Investment Review hosted its annual Defined Benefit Investment Forum. With the close of a year marred by financial fragility and global…

2023 Defined Benefit Investment Forum: Housing unaffordability may launch ‘generational move’ toward multi-family segment

Canada has a real estate “supply and demand crisis” that is likely to get worse in the coming years with ineffectual government intervention and central…