Top 10 pension stories of 2023
A survey on the retirement readiness of Canadian workers and a looming retirement crisis was the most-read pension story on BenefitsCanada.com this year. Here are…
- By: Staff
- December 18, 2023 December 18, 2023
- 09:00
Latest news in CIR News
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
SHEPP diversifying portfolio with alternatives, less dependence on equities
Before Janet Jule joined the Saskatchewan Healthcare Employees’ Pension Plan as its chief investment officer in 2015, the pension plan sponsor started adding a wider…
- By: Bryan McGovern
- December 15, 2023 December 14, 2023
- 08:56
Worker demand for DB pension plans could increase as financial concerns continue: CAAT
A resurgence of defined benefit pension plans in Canada could be on the horizon, according to a report from the Colleges of Applied Arts and…
- By: Bryan McGovern
- December 14, 2023 December 13, 2023
- 11:00
Caisse invests in Quebec-based telecommunications firm, AIMCo backs Asian green energy fund
The Caisse de dépôt et placement du Québec is investing in telecommunications provider Cogeco Communications Inc. The investment organization will now hold $350 million worth…
- By: Staff
- December 14, 2023 December 13, 2023
- 11:00
BCFSA’s climate risk guidelines could create burden on smaller pension plans, says PIAC
The Pension Investment Association of Canada is calling on the B.C. Financial Services Authority to reconsider implementing new standards for climate-related risk analysis guidelines, noting it…
- By: Staff
- December 14, 2023 October 31, 2025
- 09:00
Funded ratio of largest U.S. DB pension plans dipped to 103% in November: report
The funded ratio of the 100 largest corporate defined benefit pension plans in the U.S. dipped from 104 per cent at the end of October to…
- By: Staff
- December 12, 2023 December 12, 2023
- 15:00
Study finds healthier funding status for DB plans raising interest in LDI strategy reviews
U.S.-based defined benefit pension plan sponsors are increasingly looking to assess their liability-driven investment strategies as they reach fully funded statuses, according to a new…
- By: Bryan McGovern
- December 12, 2023 December 12, 2023
- 11:00
Alberta government rejects amendments to CPP exit legislation
Premier Danielle Smith’s government has rejected a proposal that would have compelled it to respect the results of a referendum on whether Alberta should quit…
- By: Dean Bennett, the Canadian Press
- December 11, 2023 December 8, 2023
- 09:00
U.S. institutional investors paid $1.5 billion in management fees in 2022: report
U.S. institutional investors paid $1.5 billion in management fees in 2022, according to a new report by investment consulting firm Callan. The report, which analyzed mandates…
- By: Staff
- December 8, 2023 December 8, 2023
- 15:00
Half of global institutional investors believe recession is inevitable: survey
About half (51 per cent) of global institutional investors believe a recession is inevitable, a sentiment that runs strongest in the U.K. (67 per cent)…
- By: Staff
- December 7, 2023 December 6, 2023
- 11:00
Expert panel: How interest rates impact DB pension plans
Interest rate levels are critically important to the financial health of defined benefit pension plans. Many DB plans are in their best financial positions in…
- By: Gavin Benjamin
- December 7, 2023 December 6, 2023
- 09:00
Ontario Teachers’ appointing Pierre Cherki executive managing director of real estate
The Ontario Teachers’ Pension Plan is appointing Pierre Cherki as executive managing director if its new in-house real estate asset group, effective Jan. 22, 2024. In the new role,…
- By: Staff
- December 6, 2023 December 6, 2023
- 15:00
AIMCo acquiring Australian cattle portfolio company, IMCO adding $2.6BN in portfolio assets
The Alberta Investment Management Corp. is increasing its Australian agriculture portfolio with the acquisition of a cattle management company. The transaction will see the AIMCo…
- By: Staff
- December 5, 2023 December 5, 2023
- 09:30
53% of world’s largest pension funds say recession is top concern: survey
More than half (53 per cent) of the world’s largest pension funds say the prospect of a global recession is their No. 1 short-term concern…
- By: Lauren Bailey
- December 4, 2023 December 1, 2023
- 09:00
Union protests N.B.’s plan to transform public sector DB pension plans
The New Brunswick government introduced legislation Wednesday to transfer five of its public sector defined benefit pension plans to shared-risk plans, saying the move will…
- By: Michael MacDonald, the Canadian Press
- December 1, 2023 November 30, 2023
- 09:00
Caisse invests in audiovisual technology company, Ontario Teachers’ acquires Australian agriculture operator
The Caisse de dépôt et placement du Québec is investing in an audiovisual and entertainment technology company. The investment organization acquired a minority stake in…
- By: Staff
- November 30, 2023 November 29, 2023
- 11:00
Federal public sector pension indexation rate set at 4.8% for 2024
The pension indexation rate for federal public sector pensions will be 4.8 per cent in 2024, according to the National Association of Federal Retirees. The…
- By: Staff
- November 30, 2023 November 30, 2023
- 11:00
World’s 100 largest asset owners’ AUM down 9% in 2022: report
The value of the total assets under management for the world’s 100 largest asset owners declined nine per cent to US$23.4 trillion as of Dec.…
- By: Staff
- November 30, 2023 November 30, 2023
- 09:00
OPB appointing Darwin Bozek as president, chief pension officer
The Ontario Pension Board is appointing Darwin Bozek as president and chief pension officer, effective Feb. 1, 2024. He joins the OPB from the Alberta…
- By: Staff
- November 28, 2023 November 28, 2023
- 09:00
Alberta premier quiet on reason for abandoning promised in-person CPP exit consults
Alberta Premier Danielle Smith won’t say what happened to her government’s promise to hold face-to-face meetings with citizens in December on quitting the Canada Pension…
- By: Dean Bennett, the Canadian Press
- November 27, 2023 November 27, 2023
- 09:00
CPPLC appointing Karen McKeown as co-chair
The Canadian Public Pension Leadership Council is appointing Karen McKeown, director of board operations at the B.C. Pension Corp., as co-chair. McKeown will share responsibilities…
- By: Staff
- November 24, 2023 November 24, 2023
- 15:00
Ontario DB pension plans’ average solvency ratio increased to 117% in Q3 2023: FSRA
The average projected solvency ratio for Ontario defined benefit pension plans increased slightly to 117 per cent in the third quarter of 2023, with more than…
- By: Staff
- November 24, 2023 November 23, 2023
- 09:00
Removal of ‘30% rule’ could boost investment, reduce private equity fees for Canadian pension funds
If the federal government scraps its rule restricting Canadian pension funds from holding more than 30 per cent of the voting shares of investee corporations, pension…
- By: Bryan McGovern
- November 23, 2023 November 23, 2023
- 11:00
Real return bonds support pension risk management, provide liability data: ACPM
The Association of Canadian Pension Management is urging the federal government to reverse its position on the cessation of real return bonds and open a…
- By: Staff
- November 23, 2023 November 22, 2023
- 09:00