In his session at the 2023 Global Investment Conference, Derek Dobson, the Colleges of Applied Arts and Technology pension plan’s chief executive officer, called back last year’s conference, noting Sebastien Betermeier, associate professor of finance at McGill University’s Desautels Faculty of Management, “talked about the benefits of the Canadian pension model, which is sometimes called […]
The College of Arts and Technology pension plan’s assets dropped 2.3 per cent while its funded ratio on a going-concern basis remained at 124 per cent in 2022, according to its annual report. “With CAAT, members don’t have to worry about every market dip and blip,” wrote Derek Dobson (pictured), the multi-employer pension plan’s chief […]
The College of Family Physicians of Canada pension plan is joining the Colleges of Applied Arts and Technology pension plan’s DBplus. “As a result of merging our plan with CAAT, we will be able to provide all of our employees with a defined benefit pension for life with a number of features including inflation protection […]
Amid the unprecedented events of the last three years, the Colleges of Applied Arts and Technology pension plan has remained on course with its investment strategies, according to Asif Haque, the plan’s chief investment officer. “We held our focus on the key goal of the CAAT’s investment program. . . . The plan’s diversified asset […]
The OPSEU Joint Trusteed Benefit Fund, a not-for-profit insurance advisor that offers benefits to non-profit organizations, is joining the Colleges of Applied Arts and Technology pension plan. “OJTBF chose the CAAT pension plan to ensure that our valued employees can build a solid and sustainable retirement foundation while never losing sight of why we exist, […]
There are a lot of reasons to believe financial markets will be very different in the next 10 to 20 years than what pension funds have been used to, according to Aaron Bennett, chief investment officer of the University Pension Plan, during a session at the Canadian Pension and Benefits Institute forum in Montreal last […]
The real estate arm of the Ontario Municipal Employees’ Retirement System is entering a joint venture to manage the Sony Centre in Berlin. The Oxford Properties Group, which previously held a 94.9 per cent share in the eight-building complex, is selling 44.9 per cent of its stake to the Norges Bank Investment Management, an investment […]
The Colleges of Applied Arts and Technology pension plan increased its average 10-year net return to 11 per cent and outperformed its benchmark, according to the plan’s preliminary 2021 valuation results. The results also found the pension plan is 124 per cent funded on a going-concern basis, with $4.4 billion in funding reserves, as of […]
The Colleges of Applied Arts and Technology Pension Plan is expanding the definition of who can qualify to receive benefits as disabled or as a dependant child under its plan. Effective Dec. 1, 2021, the CAAT’s DBprime plan design was amended to remove the requirement that a member must be receiving benefits from an employer’s long-term […]
At the end of 2020, a year of exceptionally volatile and unpredictable markets due to the coronavirus pandemic, the Colleges of Applied Arts and Technology pension plan was 119 per cent funded with $3.3 billion in funding reserves and its assets had grown to $15.8 billion from $13.5 billion on Jan. 1, 2020. “In the heart […]