The Alberta Pensions Services Corp. has taken on the administration of the National Public Service Pension Transfer Agreement, a multilateral arrangement that enables the transfer of pensionable service and funds between participating public defined benefit pension plans across Canada. This agreement plays a vital role in supporting mobility within the public sector, allowing employees who […]
The Nova Scotia Pension Services Corp. is appointing Cathy Clarke as chief pensions officer, effective Sept. 30. Clarke joined the NSPSC in 2011 and has led its employer services team since 2012. She succeeds Kim Blinn, who’s retiring next month. Read more People Watch news. “Cathy’s extensive understanding of our plans and operations, paired with her strong […]
In an increasingly uncertain investment landscape, the Nova Scotia Pension Services Corp. is aiming to become more hands-on with its investment implementation. “Each asset class is at a different phase of that structure,” says Steve Mahoney, the NSPSC’s chief investment officer. “We’re looking at each one asking, ‘What’s the next step for us to be […]
The Nova Scotia Pension Services Corp. is appointing Brendon LeLievre as senior manager of business development, effective Feb. 5, 2025. In the new role, he’ll be tasked with engaging potential private sector employers to join the province’s $8.2 billion Public Service Superannuation Plan. Nova Scotia Pension Services Corp. assets increase to $13.7BN in fiscal 2024 […]
During a panel at the Canadian Investment Review’s 2024 Global Investment Conference in April, three key thought leaders representing defined benefit pension plan sponsors shared their views on investment trends and challenges in developed and emerging markets. Investing in emerging markets brings a slate of challenges for investors, said Jean-Christophe Lermusiaux, (pictured centre) managing director of […]
While the Nova Scotia Pension Services Corp. isn’t currently invested in frontier markets, the institutional investor is set to take its first steps towards investing in the sector. “Step one is getting [the board] more comfortable with frontier markets,” says Steve Mahoney, the organization’s chief investment officer, which includes the N.S. Teachers’ Pension Plan, the […]
The Nova Scotia Pension Services Corp. is acquiring an industrial property for a Quebec electric vehicle design company. The 8.42 hectare facility, located in Chicago, will be redesigned in order to serve as a new production facility for Lion Electric Co. The Montreal-based electric vehicle designer and manufacturer, which produces electric vehicles for mass transit systems, is […]
The Nova Scotia Pension Services Corp. is appointing Steve Mahoney as its new chief investment officer, effective April 1, 2022. He’s taking over the CIO role from Elizabeth Vandenberg, who’s retiring after serving two decades with the N.S. Pension and its predecessors in various investment management positions. With more than 20 years in institutional investing […]