Don Smith, the recently suspended chair of the Colleges of Applied Arts and Technology pension plan’s board of trustees, has been removed from his position following allegations of an improper executive compensation approval, according to a report by the Toronto Star. He was removed Thursday by the members of the plan’s sponsors’ committee amid a […]
Communication can be a challenge for pension plan sponsors and trustees when trying to remain focused on the long term, said Matthew Leatherman, director at FCLTGlobal, during a webinar hosted by the Canadian Investment Review on Friday. “Trustee directors need risk information in order to fully govern and oversee their organization in a long-term manner. […]
Digital is the new normal for committee and board meetings, so people must get used to it, says Rahul Bhardwaj, president and chief executive officer, of the Institute of Corporate Directors. Pension plan sponsors are under lots of strain in the current environment. “You want to make sure that you have efficient, effective meetings that […]
Over the years, the York University pension plan has performed well by all objective measures and made major changes to its asset allocation. Speaking at the Canadian Investment Review’s Plan Sponsor Exchange conference in February, Guy Burry, chair of the university’s pension investment committee, credited these accomplishments to the committee’s encouragement of diverse thinking instead […]