The Public Sector Pension Investment Board is buying a majority stake in a passenger rail sector business it’s been invested in for the past 13…
The Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan are among the 20 largest pension funds in the world in terms of…
The Alberta Investment Management Corp. has reached an investment management agreement with the Alberta Teachers’ Retirement Fund Board following a protracted period of negotiation. The…
Income inequality in the U.S. is contributing to the growth of financial insecurity in retirement, exacerbated by a shift from pensions to individual 401(k) savings…
A report from the Chicago Police Department Pension Board Accountability Group is accusing the management of the Policemen’s Annuity and Benefit Fund of Chicago of…
“Plans are, for the first time in a long time, in a position to off-load risk,” says Murray Wright, one of the contributors to LifeWorks…
Benefits Canada is pleased to announce the finalists of the 2021 Workplace Benefits Awards. This year’s entry and judging process took place during the second year of the coronavirus…
Phishing and ransomware attacks are among the top threats to pension plan sponsors and institutional investors by cyber criminals, according to Jennifer Williams, director of…
The Caisse de dépôt et placement du Québec is taking a majority share in a California-based digital platform development company. The Caisse secured the shares…
Board and executive-level efforts to integrate environmental, social and governance issues into pension plans’ investment strategies are frequently thwarted by unclear guidance from plan sponsors…
With many women at risk of outliving their retirement savings, employers can help by educating female employees about their investment options, says Michelle Connell, a…
Broad support for regulating environmental, social and governance-themed investments in Canada has left the U.S. Securities and Exchange Commission playing catch-up with its northern neighbour,…
Canada’s defined benefit plans are allocating more to alternative investments as a result of a two-decade period of low inflation, according to a new study…
The University of Victoria Students’ Society is the first Vancouver Island employer to join the Colleges of Applied Arts and Technology pension plan’s DBplus. By…
Canada drops to No. 10 among developed nations for retiree well-being after spending two years in a row at No. 8, according to Natixis Investment…
Bâtirente is naming Éric Filion (pictured) as chief executive officer, effective Oct. 6. He’ll take over the position from Daniel Simard, who is retiring after 25…
A new white paper published by the Canadian Institute of Actuaries is proposing new rules during defined benefit plan windups, requiring higher solvency ratios for members…
The federal election is top of mind for many these days, so it’s no surprise Benefits Canada‘s most-read story over the past seven days was…
While a re-elected Liberal government may introduce some measures to protect private pension plan members, it’s unlikely to pursue super-priority similar to what was proposed…
Preparing financially for retirement is a marathon filled with many obstacles along the way to a constantly shifting finish line. Even in 2021, female employees…
The Financial Services Regulatory Authority of Ontario is seeking feedback on proposed guidance detailing how and when it publishes information about enforcement proceedings and investigations,…
A recent Saskatchewan Court of Appeal decision illustrates the importance of clear communications from pension administrators seeking to avoid liability from lawsuits by claimants alleging…
Willis Towers Watson is selling its global reinsurance business, Willis Re, to Arthur J. Gallagher & Co. for US$3.25 billion. The transaction is set to…
Aon and Willis Towers Watson have agreed to terminate their proposed merger and end litigation with the U.S. Department of Justice. The merger, which was…
Canada’s economy will undergo volatility and inflationary acceleration as the nation recovers from the coronavirus pandemic, warns the governor of the Bank of Canada. “The process…