interest rate – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Wed, 01 May 2024 19:25:54 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Funded ratio of 100 largest U.S. corporate DB pension plans declines to 98.4% in fiscal 2023: report https://www.benefitscanada.com/canadian-investment-review/research-markets/funded-ratio-of-100-largest-u-s-corporate-db-pension-plans-declines-to-98-4-in-fiscal-2023-report/ Wed, 01 May 2024 13:00:08 +0000 https://www.benefitscanada.com/?p=155012 The funded ratio of U.S. corporate defined benefit pension plans declined to 98.5 per cent in fiscal 2023 from 99.4 per cent in 2022, according to a new report by Milliman Inc. The report, which reviews the financial disclosures of the 100 largest U.S. public corporate DB plans, found their average return on investments was […]

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]]> Vestcor returns 7.5% for 2023, amid rising inflation, high interest rates https://www.benefitscanada.com/canadian-investment-review/research-markets/vestcor-returns-7-5-for-2023-amid-rising-inflation-high-interest-rates/ Thu, 11 Apr 2024 15:00:54 +0000 https://www.benefitscanada.com/?p=154172 Vestcor Corp. is reporting a 7.5 per cent return for 2023, despite the challenges of rising inflation and high interest rates. The New Brunswick-based investment organization achieved five- and 10-year annualized returns of 6.27 per cent and 6.73 per cent, respectively. In a press release, Vestcor noted these returns ensure its clients continue meeting their […]

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]]> Employer matching key to supporting young workers’ retirement readiness: report https://www.benefitscanada.com/pensions/retirement/employer-matching-key-to-supporting-young-workers-retirement-readiness-report/ Thu, 11 Apr 2024 13:00:24 +0000 https://www.benefitscanada.com/?p=154158 Employer-sponsored retirement plans that offer matching contributions can help younger workers retire earlier and with more money, according to a new report by Mercer Canada. The report based its findings on a sample worker aged 30 earning $70,000 and with $30,000 of personal debt, using five per cent of their income to either pay down […]

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]]> Canadians with rent, mortgage payments delaying retirement savings amid rising cost of living: survey https://www.benefitscanada.com/pensions/retirement/canadians-with-rent-mortgage-payments-delaying-retirement-savings-amid-rising-cost-of-living-survey/ Fri, 15 Mar 2024 13:00:05 +0000 https://www.benefitscanada.com/?p=153106 Canadian employees who rent or who have mortgage payments are managing economic pressures — like high interest rates and the rising cost of living — by putting off saving for retirement, according to a new survey by Co‑operators Financial Services Ltd. The survey, which polled 1,500 Canadian employees, found 77 per cent of renters said they […]

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]]> Expert panel: How interest rates impact DB pension plans https://www.benefitscanada.com/expertpanel_/gavin-benjamin/expert-panel-how-interest-rates-impact-db-pension-plans/ Thu, 07 Dec 2023 14:00:47 +0000 https://www.benefitscanada.com/?p=148419 Interest rate levels are critically important to the financial health of defined benefit pension plans. Many DB plans are in their best financial positions in decades, largely due to the dramatic rise in interest rates over the past few years, but decreases in interest rates could pose a major risk for many plans. Changes in […]

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]]> 84% of employers say they’re concerned about a retirement income crisis: survey https://www.benefitscanada.com/pensions/retirement/84-of-employers-say-theyre-concerned-about-a-retirement-income-crisis-survey/ Tue, 31 Oct 2023 13:00:07 +0000 https://www.benefitscanada.com/?p=146099 As a majority (84 per cent) of Canadian employers say they’re concerned about an emerging retirement income crisis, they also agree that, without access to employer-sponsored pension plans, workers will become a burden on the taxpayer (82 per cent) and the economy will suffer (79 per cent), according to a new survey by the Healthcare […]

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]]> 2023 Risk Management Conference: Event-driven credit helping institutional investors find diamond assets in the rough https://www.benefitscanada.com/canadian-investment-review/post-event-coverage/2023-risk-management-conference-event-driven-credit-helping-institutional-investors-find-diamond-assets-in-the-rough/ Wed, 18 Oct 2023 11:55:32 +0000 https://www.benefitscanada.com/?p=144082 Institutional investors don’t have to wait for choppy waters to invest in event-driven credit, according to Duncan Farley, portfolio manager on the BlueRay fixed income team at RBC Global Asset Management, speaking during the Canadian Investment Review’s 2023 Risk Management Conference. While the post-pandemic economy has negatively affected several industries, opportunities always exist for investors to […]

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]]> Leveraging the long-term perspective at Rexel North America https://www.benefitscanada.com/archives_/benefits-canada-archive/leveraging-the-long-term-perspective-at-rexel-north-america/ Fri, 23 Jun 2023 12:51:29 +0000 https://www.benefitscanada.com/?p=139904 The current economic maelstrom, with its high inflation and interest rates, has left many institutional investors operating in uncharted territory — though not Rashid Maqsood, vice-president of treasury at electrical products distributor Rexel North America Inc. His career began in the late 1970s — almost a decade before central banks began setting inflation targets. “It’s […]

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]]> Caisse reporting -5.6% return for 2022, expects 2023 to be a ‘year of transition’ https://www.benefitscanada.com/news/cir-news-news/caisse-reporting-negative-5-6-return-for-2022-expects-2023-to-be-a-year-of-transition/ Thu, 23 Feb 2023 17:00:29 +0000 https://www.benefitscanada.com/?p=134463 The Caisse de dépôt et placement du Québec generated average returns of negative 5.6 per cent in 2022. “The year 2022 provided an environment filled with several challenges, with spiking inflation, historic interest rate hikes by central banks and rising geopolitical tensions,” said Charles Emond, the Caisse’s president and chief executive officer, during a press briefing […]

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]]> A quarter of asset owners planning to increase use of OCIOs by 2025: report https://www.benefitscanada.com/news/cir-news-news/a-quarter-of-asset-owners-planning-to-increase-use-of-ocios-by-2025-report/ Thu, 02 Feb 2023 14:00:26 +0000 https://www.benefitscanada.com/?p=133132 More than a quarter (26 per cent) of institutional asset owners expect to use an outsourced chief investment officer in an increased capacity during the next two years, according to a new survey by Cerulli Associates. The survey found 14 per cent of respondents said they’re seeking to establish an OCIO relationship over the next two […]

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