The Colleges of Applied Arts and Technology’s pension plan is placing chief executive officer Derek Dobson on administrative leave and appointing Kevin Fahey as acting CEO and plan manager, effective immediately. The leadership shakeup takes place amid a formal review of the investment organization’s governance, including decisions around a $1.6-million vacation payout to Dobson and […]
CPP Investments says it had a net return of 0.5 per cent in its third quarter for a growth rate well below its longer-term track record. The independent investment manager for the Canada Pension Plan says it ended the third quarter with $780.7 billion in net assets, up from $777.5 billion in the previous quarter. Read: CPPIB […]
The Caisse de dépôt et placement du Québec is halting investments in a Dubai-based logistics company due to alleged ties between the firm’s chief executive officer and convicted sex trafficker Jeffrey Epstein. According to a report by the Financial Post, Sultan Ahmed bin Sulayem, DP World’s CEO and chairman, exchanged messages with Epstein before and […]
An article on the removal of the board chair at the Colleges of Applied Arts and Technology pension plan was the most-read article on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. CAAT pension plan board chair removed amid ongoing governance emergency […]
The Ontario Municipal Employees’ Retirement System is parting ways with two infrastructure leads in the wake of struggling investments in the European market, according to a report from the Financial Times. Alastair Hall (pictured right), the OMERS’ senior managing director for Europe, and Chris Hogg (pictured left), a director based in the London office, both […]
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 […]
The funded status of a typical Canadian defined benefit pension plan increased on both a solvency and accounting basis during the month of December, according to a new report by Telus Health. The monthly pension index revealed the typical DB plan grew slightly from 107.4 per cent in November to 109 per cent on the […]
With global trade wars, environmental, social, and governance pushback and artificial intelligence advances, 2025 was a roller-coaster year for institutional investors. Unfortunately, 2026 is shaping up to be another year marked by high uncertainty. Here are three priorities for pension leaders to keep in mind as they steer their organizations through turbulent waters. Read: Uncertain […]
The University Pension Plan Ontario is creating a joint venture with Schroders Capital to invest in high-quality logistics and industrial real estate across northwestern Europe. The new partnership will have a shared focus on long-term value creation and embedding material environmental, social and governance considerations into asset management, according to a press release. “The partnership […]
The average Canadian defined benefit pension plan returned 0.6 per cent during the fourth quarter of 2025, down from 4.4 per cent in the previous quarter, according to a new report by the Royal Bank of Canada Investor Services. It found the average DB plan returned 7.9 per cent for the full year, down from […]