British Columbia’s wildfires have crystallized the threats pension plan administrators across that province face from catastrophic climate change events, says Damara Kiceniuk, senior risk analyst…
The Financial Services Regulatory Authority of Ontario is appointing Andrew Fung as acting executive vice-president of pensions. Fung joined the provincial regulator in 2018 as…
A new study looking at the implications of scale in defined benefit pension plans found size is key for several trends over time, including investment…
The Ontario Teachers’ Pension Plan is entering into a definitive agreement to sell its majority shareholding in Ireland’s national lottery operator. The pension fund is selling…
The average Canadian defined benefit pension plan posted returns of 0.8 per cent in the second quarter of 2023, according to RBC Investor and Treasury…
Working and retired public sector employees from across Canada are calling on the federal government to remove Miranda Hubbs, director of Imperial Oil Ltd., from…
Artificial intelligence offers the promise of “a big structural change that will play out over a long period of time,” according to Kieran Moore, a…
Manitoba’s Teachers’ Retirement Allowances Fund returned negative 0.42 per cent in 2022, exceeding its benchmark return of negative 5.04 per cent. “While we are pleased…
An article on the federal government’s plan to scrap Canada mortgage bonds and the potential impact on pension funds was the most-read story on BenefitsCanada.com over…
While nearly half (49 per cent) of global institutional investors and wealth managers have reduced their investment levels in digital assets in the past 12 months,…
Despite recent uptick in U.S. commercial office real estate landlords defaulting on their loans, the chances of the same trend moving north of the border…
Since municipalities and provinces fund public services and infrastructure with clear environmental and social benefits, as well as having substantial power to shape policies in…
Approaches to climate scenario analysis are currently based on “implausible” assumptions that could delay action and create fiduciary duty challenges for investors, according to a…
The federal government’s plan to consolidate Canada mortgage bonds into the Government of Canada bond program could limit pension funds’ ability to mitigate risk through…
U.S. state and municipal pension funds are on track to miss investment targets and are unlikely to see meaningful improvements in their unfunded liabilities or…
The infrastructure arm of the Ontario Municipal Employees’ Retirement System is investing in a fibre-optic communication network provider. OMERS Infrastructure has agreed to make a…
The funded position of a typical defined benefit pension plan increased on both a solvency and accounting basis during the month of June, according to…
Five Canadian pension funds are among the most transparent in the world, according to the global pension transparency benchmark, a collaboration between Top1000funds.com and CEM…
Vestcor Inc.’s chief executive officer John Sinclair will retire after 20 years with the organization. He’ll stay on as CEO of the provincial investment management, pension…
The Caisse de dépôt et placement du Québec is investing in a Quebec-based company that develops, sells and rents pre-fabricated modular buildings for the educational…
Canadian institutional investors are optimistic about the prospects of emerging markets bonds, with more than half (52 per cent) saying they’re likely to increase their…
As Thames Water Utilities Ltd. came under fire this month for its financial mismanagement and poor environmental record, the debacle highlights institutional investors’ responsibilities around…
The Canada Pension Plan Investment Board and hydrogen project developer Power2X are forming a long-term investment partnership aimed at advancing Power2X’s role in the global…
The Bank of Canada raised interest rates again on Wednesday and released new projections that suggest it will take longer to get inflation back to…
Predictions of the demise of defined benefit pension plans are premature. The reality is DB is still alive and well in the public sector, with…