Canada’s multi-employer pension plans are facing a wide range of challenges, from funding requirements to future growth, according to a recent webinar hosted by the…
The Alberta Teachers’ Association is taking legal action against the recent ministerial order enacted on several of the province’s pension plans, including the Alberta Teachers’…
While 65 has long been considered the traditional retirement age, younger employees face the possibility of working longer. Plan sponsors can learn much from the…
Approximately 500 members of the St. John Ambulance pension plan are joining the Colleges of Applied Arts and Technology pension plan’s DBplus arrangement. The not-for-profit…
The funding status and confidence of Canadian defined benefit pension plans declined in 2020 amid the coronavirus pandemic and a low interest-rate environment, according to…
The Desjardins Group pension plan faced a reckoning following the 2008/09 financial crisis: its assets were down 40 per cent and it was watching other…
Defined benefit pension plans naturally carry a number of risks, from fluctuating interest rates and investments to the lifespan of their plan members. To mitigate…
Two unions representing nearly 1,000 employees of Sanofi Canada are joining the Colleges of Applied Arts and Technology’s DBplus pension plan. Both Unifor Local 1701…
Canada’s pension funds are shifting asset management functions in-house while becoming more strategic about oversight of external managers, according to a new survey from CIBC…
Two pension funds for New York City workers are pulling an estimated US$4 billion in investments from fossil-fuel companies in order to promote clean-energy use.…
Canada’s defined benefit pension plans posted a median return of five per cent during the fourth quarter of 2020 and closed a volatile year with…
Saskatchewan’s Public Employees Benefits Agency is finalizing the modernization of its pension administration system. Earlier this month, the province’s Public Employees Pension Plan converted to…
The Ontario Teachers’ Pension Plan is committing to achieving net-zero greenhouse gas emissions by 2050. The commitment includes the establishment of concrete targets for portfolio…
The Pension Investment Association of Canada is calling on the federal government to reform pension solvency rules while supporting legislation to introduce solvency reserve accounts…
Alberta’s public sector pension plans are reassuring members their pensions are safe, following a recent ministerial order enacted by the provincial government. The order was…
The Alberta Investment Management Corp. is now managing investments for several pensions in the province, a move facing at least one legal challenge. This change…
With private-sector defined benefit pension coverage declining over the past two decades, the federal government should take more steps to prioritize coverage and benefit adequacy,…
The Office of the Superintendent of Financial Institutions is launching a three-month consultation on risks arising from climate change that can affect the safety and…
The aggregate funded ratio for Canadian pension plans in the S&P/TSX composite index increased from 90.8 per cent to 91.2 per cent during the past…
A rally on the stock market in the fourth quarter helped boost the strength of Canadian defined benefit pension plans to end 2020, according to…
Defined benefit plan sponsors are undoubtedly familiar with scenario risk analysis, but applying that concept to their portfolio’s climate risk is a whole new ballgame.…
The Ontario Teachers’ Pension Plan is appointing Karen Frank as senior managing director of equities. Based in the pension fund’s London office, she’ll take on the new role in…
The Halifax Port ILA/HEA pension plan has appointed Blair Richards as its chief investment officer. After more than 20 years as chief executive officer, he…
The University Pension Plan’s board of trustees has named Barbara Zvan as the inaugural president and chief executive officer of the UPP. Established on Jan. 1,…
The Caisse de dépôt et placement du Québec is appointing Marc-André Blanchard as executive vice-president and head of CDPQ Global, effective Sept. 8, 2020. In the…