pension technology – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 26 Apr 2024 20:02:31 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 How Texas’ Teacher Retirement System is incorporating AI into pension governance https://www.benefitscanada.com/news/cir-news-news/how-texas-teacher-retirement-system-is-incorporating-ai-into-pension-governance/ Thu, 26 Oct 2023 15:00:53 +0000 https://www.benefitscanada.com/?p=145936 While artificial intelligence represents a new cornerstone for institutional investors’ operational tasks, corporate governance will be essential to ensure the risks are properly managed, according to Andrew Roth, deputy director of the Teacher Retirement System of Texas. During a webinar hosted last week by the National Institute on Retirement Security, he detailed how the pension […]

The post How Texas’ Teacher Retirement System is incorporating AI into pension governance appeared first on Benefits Canada.com.

]]> 2023 Risk Management Conference: A look at BCI’s transformation from a decentralized to a centralized trading approach https://www.benefitscanada.com/canadian-investment-review/post-event-coverage/2023-risk-management-conference-a-look-at-bcis-centralized-trading-approach/ Wed, 18 Oct 2023 11:48:16 +0000 https://www.benefitscanada.com/?p=144320 A centralized trading approach forms the backbone of the recently revamped British Columbia Investment Management Corp., offering a more protective process for its stakeholders, according to Carmen Firmani, senior manager of client relations at the BCI, speaking during the Canadian Investment Review’s 2023 Risk Management Conference. She detailed the BCI’s transformation from a passive to a […]

The post 2023 Risk Management Conference: A look at BCI’s transformation from a decentralized to a centralized trading approach appeared first on Benefits Canada.com.

]]> 2023 Consultants Report: How are consultants helping plan sponsors make the most of their benefits, retirement data? https://www.benefitscanada.com/archives_/benefits-canada-archive/2023-consultants-report-how-are-consultants-helping-plan-sponsors-make-the-most-of-their-benefits-retirement-data/ Fri, 11 Aug 2023 12:56:49 +0000 https://www.benefitscanada.com/?p=141793 In 2022, Xero sent out a global survey to all of its employees asking them to rank the most important components of its total rewards program, from time off to flexible working policies, salaries to employee benefits. The software company’s Canadian employees ranked health benefits as one of the most important aspects of total rewards. […]

The post 2023 Consultants Report: How are consultants helping plan sponsors make the most of their benefits, retirement data? appeared first on Benefits Canada.com.

]]> Implementing a centralized trading platform at the BCI https://www.benefitscanada.com/archives_/benefits-canada-archive/implementing-a-centralized-trading-platform-at-the-bci/ Fri, 14 Apr 2023 12:53:16 +0000 https://www.benefitscanada.com/?p=136441 In 2018, the British Columbia Investment Management Corp. adopted a centralized trading framework. The program, which brought together global derivatives and trading with almost $35 billion in equity assets, is managed by Samir Dhrolia, the BCI’s senior managing director of derivatives, trading and index portfolio management. Read: How InBenefits is aiming to prove the potential […]

The post Implementing a centralized trading platform at the BCI appeared first on Benefits Canada.com.

]]> Public DB plans driving pension software sector growth: report https://www.benefitscanada.com/pensions/defined-benefit-pensions/public-db-plans-driving-pension-software-sector-growth-report/ Thu, 13 Apr 2023 16:30:30 +0000 https://www.benefitscanada.com/?p=136420 Government-backed defined benefit pension plans are driving growth in the pension administration software sector, according to a new report by Marqual IT Solutions Ltd. The global pension administration software market is expected to grow from about US$4.88 billion in 2021 to US$8.6 billion by 2028. In 2021, roughly two-thirds (66.6 per cent) of all spending […]

The post Public DB plans driving pension software sector growth: report appeared first on Benefits Canada.com.

]]> 2022 IIC coverage: Protecting technology infrastructure critical for institutional investors https://www.benefitscanada.com/canadian-investment-review/post-event-coverage/2022-iic-coverage-protecting-technology-infrastructure-critical-for-institutional-investors/ Mon, 16 Jan 2023 12:50:06 +0000 https://www.benefitscanada.com/?p=130778 The most important asset in the world is people’s personal information because every piece of data that we provide to the internet through social media or through interactions with pension funds and online banking are valuable information sources, said Darace Rose, co-founder and chief technology officer at Oppos Inc., during the Canadian Investment Review’s 2022 […]

The post 2022 IIC coverage: Protecting technology infrastructure critical for institutional investors appeared first on Benefits Canada.com.

]]> Ontario Teachers’ appointing Charley Butler as chief pension officer https://www.benefitscanada.com/pensions/defined-benefit-pensions/ontario-teachers-appointing-charley-butler-as-chief-pension-officer/ Tue, 20 Dec 2022 17:00:00 +0000 https://www.benefitscanada.com/?p=131722 The Ontario Teachers’ Pension Plan is appointing Charley Butler as its chief pension officer, effective Jan. 1, 2023. In the role, Butler will oversee the administration of pensions and report to Jo Taylor, president and chief executive officer of the Ontario Teachers’. She’ll succeed Tracy Abel, the chief operations officer who has been managing the […]

The post Ontario Teachers’ appointing Charley Butler as chief pension officer appeared first on Benefits Canada.com.

]]> UPP appointing Brian Gill as chief technology officer, Luca Lupo leading OMERS Infrastructure’s London office https://www.benefitscanada.com/notice/appointment-notice/upp-appointing-brian-gill-as-chief-technology-officer-luca-lupo-leading-omers-infrastructures-london-office/ Thu, 17 Nov 2022 17:00:14 +0000 https://www.benefitscanada.com/?p=129926 The University Pension Plan is appointing Brian Gill as its chief technology officer. In the new role, Gill will oversee the teams responsible for the UPP’s strategic initiatives, technology infrastructure, data analytics and business intelligence. He’ll also be involved in shaping the organization’s strategic and operational direction by providing input on a wide spectrum of […]

The post UPP appointing Brian Gill as chief technology officer, Luca Lupo leading OMERS Infrastructure’s London office appeared first on Benefits Canada.com.

]]> Head to head: What’s the best type of default fund for a DC plan? https://www.benefitscanada.com/archives_/benefits-canada-archive/head-to-head-whats-the-best-type-of-default-fund-for-a-dc-plan/ Thu, 14 Apr 2022 12:59:40 +0000 https://www.benefitscanada.com/?p=119203 As the default funds in defined contribution plans evolve, two experts weigh in on the merits of more customized options. Olivia S. Mitchell, professor and director of the Pension Research Council at the Wharton School at the University of Pennsylvania Although DC plan sponsors are legally responsible for selecting and overseeing the investment options offered […]

The post Head to head: What’s the best type of default fund for a DC plan? appeared first on Benefits Canada.com.

]]> OMERS joining think tank to find uses for AI in the pension sector https://www.benefitscanada.com/canadian-investment-review/strategies/omers-joining-think-tank-to-find-uses-for-ai-in-the-pension-sector/ Tue, 24 Aug 2021 17:15:46 +0000 https://www.benefitscanada.com/?p=106178 A new strategic collaborative project between the Ontario Municipal Employees Retirement System and an artificial intelligence-oriented think tank is aiming to expand the use of AI software in the pension space. Through the partnership, which is expected to last for the next five years, the Toronto-based Vector Institute’s researchers will provide the OMERS’ staff with […]

The post OMERS joining think tank to find uses for AI in the pension sector appeared first on Benefits Canada.com.

]]>