The British Columbia Investment Management Corp. is raising its environmental, social and governance-related expectations for the publicly-traded companies it invests in. Under its new proxy-voting…
The British Columbia Investment Management Corp. is raising its environmental, social and governance-related expectations for the publicly-traded companies it invests in. Under its new proxy-voting…
Pension plans in Canada now factor environmental, social and governance monitoring in their investment process, and in the absence of national guidance, plan managers are using…
The Canada Pension Plan Investment Board is one of three investors entering a partnership with real estate developer SKR to develop, own and operate a…
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 Public Sector Pension Investment Board is selling its stake in Alpha Trains, a Europe-based lessor of locomotives and passenger trains. The PSP, which has…
The Association of Canadian Pension Management is calling on the federal government to implement two measures to assist in identifying deceased pension plan beneficiaries and…
An environmental coalition is appealing to Ontario teachers to pressure their pension fund to divest from companies that develop or transport fossil fuel products. In…
The Federal Court of Appeal has decertified a $100-million class action brought by former members of the Canadian Armed Forces reserves whose retirement benefits were…
The Ontario Municipal Employees Retirement System’s Sponsor Corp. board is changing from a co-chair to a chair and vice-chair system. After discussions on changes to…
Osler Hoskin and Harcourt LLP is appointing Andrea Boctor as a partner in its pensions and benefits group. Boctor’s practice encompasses all areas of pensions…
The Pension Investment Association of Canada is commenting on a consultation from the Canadian Institute of Actuaries’ actuarial standards board, providing feedback on benefit security, stress testing…
The Pension Investment Association of Canada is expressing its support for the Financial Services Regulatory Authority of Ontario’s draft guidelines for pension plan sponsors dealing…
The Financial Services Regulatory Authority of Ontario is updating its guidance for pension plans around filing deadlines and member communications. The update reflects the government of Ontario’s regulations…
Employers that act as pension plan administrators have statutory fiduciary duties that are defined by the plan documents and by governing pension legislation. While those duties…
While the coronavirus pandemic certainly doesn’t change pension plan sponsors’ fundamental fiduciary duty to their plan members, the crisis is creating circumstances that will test how that responsibility…
While defined contribution pension plans evolve and defined benefit plans decline, the McGill University pension plan is a true blend of both types — at…
In the world of pensions, endowments and foundations, members of governing boards and investment committees are trusted with oversight of pools of capital with significant…
Though Trish McAuliffe didn’t know much about pension benefits at the time, they were at the heart of one of her earliest working memories. In…
The federal government’s proposals around advanced life deferred annuities and variable payment life annuities represent significant enhancements in decumulation options for Canadian capital accumulation plan…
While there isn’t reliable data on just how many people are disconnected from their old pension plans, the federal government says the number could be…
While the Pension Investment Association of Canada is praising Ontario’s 2019 budget proposals, it’s also questioning how the provincial government is planning to implement them. In a…
The Nova Scotia government is moving forward with changes to its regulatory framework for defined benefit pension plans. The province’s new framework follows a review launched in…
The House overwhelmingly approved a bill Thursday to promote retirement security by making it easier for small businesses and other companies to offer retirement plans.…
The Canadian pension industry must go beyond the defined benefit versus defined contribution debate and focus on the model of the future, according to a…