Global pension assets reached a record US$68.3 trillion in 2025, rising 9.6 per cent year over year, with defined contribution savings continuing to drive growth, according to WTW’s latest global pension assets study. The report credited the creation of $6 trillion of pension asset value to a year of sustained recovery across global markets with […]
After a record-setting 2024, the Canadian group annuity purchase market experienced a moderate slowdown in 2025, according to a new report by Normandin Beaudry. It found transaction volume reached nearly $6.9 billion, a decline of nearly 40 per cent compared with the $11 billion recorded last year and roughly 10 per cent below the average […]
Over the last 80 years, the TTC Pension Plan has grown from a contribution of $250,000 and a small team within the Toronto Transit Commission to a Maple Middle pension fund with close to $10 billion and a team of 42 people serving 28,000 members. “We’ve built a model where we’ve tried to learn from […]
Alberta’s Local Authorities Pension Plan and Public Service Pension Plan have launched a new board education program aimed at strengthening governance by equipping trustees with practical, decision-ready knowledge for an increasingly complex pension environment. Developed over two years in collaboration with stakeholders, the program responds to a comprehensive review of board learning needs and reflects […]
UAP Inc. is supporting employee financial well-being during the holidays by communicating advice and tips on effective spending and saving, says Geneviève Hébert, the company’s senior director of global compensation. “The holidays bring a lot of joy, but there’s a lot of expenses as well, and for some people, it might be stressful to overspend […]
One academic argues in favour of public equity’s transparency in a volatile economy, while another looks to private equity’s future gains. Yuanshun Li, associate professor, interim chair, finance, Toronto Metropolitan University In today’s climate of persistent inflation, uneven global growth and a recent pivot towards monetary easing, investors are rightly re-evaluating risk. While private equity […]
With inflation still squeezing household budgets, interest rates elevated compared to pre-pandemic norms and an ageing workforce heading towards retirement, employees are under more pressure than ever to make the right financial decisions. For many, their workplace savings plan is the cornerstone of their retirement, but without proper guidance they risk costly mistakes during this […]
Quebec’s finance minister presented an economic update on Tuesday that offered modest savings to taxpayers, as he painted an optimistic picture of the province’s finances heading into an election year. Eric Girard’s update includes decreases to payroll deductions for the provincial pension plan and parental insurance. The reductions, along with adjustments to how personal income […]
The average Canadian defined benefit pension plan returned 4.4 per cent in the third quarter of 2025, up from 1.6 per cent in the second quarter, according to a new report by the Royal Bank of Canada Investor Services. This growth was driven by a broad-based mix of equity and fixed income contributions, the report […]
While Canadians have a better sense of the savings they’ll need to retire comfortably, they may still be underestimating the true cost, according to research presented by Jon Knowles, institutional portfolio manager for global asset allocation at Fidelity Investments, during Benefits Canada‘s 2025 DC Investment Forum. Canadians over age 45 estimated they’d need an average […]