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York Region police officer fired for benefits fraud

York Region police officer fired for benefits fraud

An officer from the York Regional Police Service was fired yesterday for benefits fraud, two years after pleading guilty and being suspended with pay. In the…

More pension plans using target-date funds as default option

More pension plans using target-date funds as default option

Target-date funds continue to be the most common default investment option offered to members of workplace capital accumulation plans, according to new research by the…

National financial literacy committee adds CPPIB and CLHIA execs

National financial literacy committee adds CPPIB and CLHIA execs

Fifteen leaders representing all sectors have been named to the National Steering Committee on Financial Literacy, including the Canada Pension Plan Investment Board’s Michel Leduc…

  • By: Staff
  • February 15, 2017 September 13, 2019
  • 09:01
Canadians living longer but preparing less for retirement: survey

Canadians living longer but preparing less for retirement: survey

While many Canadians over the age of 55 have longevity-related concerns when it comes to retirement, only a third expect to adjust their future lifestyle…

  • By: Staff
  • February 15, 2017 September 13, 2019
  • 09:00
Ontario Teachers’ adds two new managing directors

Ontario Teachers’ adds two new managing directors

The Ontario Teachers’ Pension Plan has promoted Mary Cover to managing director of pension strategy and enterprise risk and Marc Dupont to managing director of…

  • By: Staff
  • February 15, 2017 September 13, 2019
  • 09:00
Fewer Canadians contributing to RRSPs: Statistics Canada

Fewer Canadians contributing to RRSPs: Statistics Canada

Between 2000 and 2013, fewer and fewer 25- to 54-year-olds used registered retirement savings plans, a study from Statistics Canada has found. The number of…

  • By: Staff
  • February 14, 2017 September 13, 2019
  • 10:37
Disclosure of carbon footprints ‘may be premature’ for institutional investors: PIAC

Disclosure of carbon footprints ‘may be premature’ for institutional investors: PIAC

While institutional investors want to improve transparency in climate-related financial disclosures, they face unique circumstances that would make it difficult to accurately disclose an investment…

  • By: Staff
  • February 14, 2017 September 13, 2019
  • 10:07
Two new members appointed to CPPIB board

Two new members appointed to CPPIB board

The federal government has appointed Ashleigh Everett and John Montalbano to the board of directors of the Canada Pension Plan Investment Board. The appointments are…

  • By: Staff
  • February 14, 2017 September 13, 2019
  • 08:51
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Ontario can include pension surplus in financial statement: panel

The Ontario government should include surpluses from two of its jointly sponsored pension plans in its financial statements, an expert advisory panel recommended on Monday. “Simply…

The End of Disinflation

The End of Disinflation

Get ready for a new macro environment: PIMCO.

Average CAP income replacement level rose slightly at end of 2016

Average CAP income replacement level rose slightly at end of 2016

The gross income replacement level of a typical capital accumulation plan grew by one per cent in the fourth quarter of 2016, according to a…

  • By: Staff
  • February 13, 2017 September 13, 2019
  • 10:32
Ontario Pension Board completes largest bond issue to date

Ontario Pension Board completes largest bond issue to date

The Ontario Pension Board has completed its largest bond issue to date, a $750-million, 10-year bond offering. More than 66 investors took part in the…

  • By: Staff
  • February 13, 2017 September 13, 2019
  • 08:26
Former OTPP head tapped to set up infrastructure bank

Former OTPP head tapped to set up infrastructure bank

The former head of one of the country’s largest pension funds is being tapped to help build the new federal infrastructure bank. The Liberals are…

Canada Life facing gov’t financial sanctions following delayed benefits access for public employees

The federal government has begun imposing financial sanctions on the Canada Life Assurance Co. after months of outcry from public servants, retirees and their families who…

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

ESG standards helping institutional investors realize positive annualized returns: study

Environmental, social and governance standards have helped investors generate positive annualized returns, with environmental investments leading the pack globally, according to a new study from…

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

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

A story on how private payers are implementing preferred pharmacy networks to reduce benefits plan costs was the most-read story on BenefitsCanada.com this week. Here…

  • By: Staff
  • May 3, 2024 May 2, 2024
  • 09:00

CPPIB sells 2.78% stake in India logistics firm

The Canada Pension Plan Investment Board is selling 2.78 per cent of its stake in India-based supply chain and logistics operator Delhivery Ltd. The total…

  • By: Staff
  • May 1, 2024 May 1, 2024
  • 15:00

Funded ratio of 100 largest U.S. corporate DB pension plans declines to 98.4% in fiscal 2023: report

The funded ratio of U.S. corporate defined benefit pension plans declined to 98.5 per cent in fiscal 2023 from 99.4 per cent in 2022, according…

  • By: Staff
  • May 1, 2024 April 30, 2024
  • 09:00

Expert panel: Have hedge funds budged on hurdle rates?

Even though it has been two years since the U.S. Federal Reserve started rapidly hiking interest rates, hedge fund managers aren’t more likely to have…