User personalization and an ease-of-use approach are key in the adoption of artificial intelligence technology tools by pension plan sponsors, according to a new report by the CFA Institute Research & Policy Centre. It found the application of AI has the potential to revolutionize plan sponsors’ administrative duties but will require a collaborative approach that […]
The Canadian Sustainability Standards Board has released its sustainability disclosure standards that align with global sustainability disclosure guidelines, while addressing specific Canadian circumstances. The framework includes general requirements for disclosure of sustainability-related financial information (CSDS 1) and climate-related disclosures (CSDS 2). Ten of Canada’s largest pension plan sponsors and investment managers, representing more than $2.25 […]
Brad Lander is advocating for public pension funds to enforce their responsible investment mandates even if that pits them against their partners. As New York City comptroller and chief financial officer, he’s the investment advisor and custodian for the city’s five public pension funds. In the role, he oversees the investment guidelines and allocations strategy […]
The Canadian edition of an international set of sustainability investment disclosure standards will be officially released in December, according to the Canadian Sustainability Standards Board. The organization was tasked with creating a set of sustainability investment standards in Canada based on those created by the International Sustainability Standards Board. The two new disclosure metrics — CSDS […]
The volatile global conditions of the last four years have culminated in a looming economic downturn, impacting defined contribution pension plan sponsors and members alike. On Oct. 3 at the Omni King Edward Hotel in Toronto, the 2024 DC Investment Forum highlighted the various tools and strategies that can help plan sponsors navigate turbulent economic waters […]
The Canada Pension Plan Investment Board is investing £500 million in a new U.K.-based single-family rental housing joint venture. The initial allocation will give the investment organization a 90 per cent stake in the venture, while its partner, global real estate investment company Kennedy Wilson Holdings Inc., will hold a 10 per cent ownership stake […]
The Caisse de dépôt et placement du Québec is investing $60 million in the first round of a private equity fund created by BDG & Partners Financial Corp. The fund, which has so far raised $240 million, aims to acquire controlling interests of Canadian mid-sized companies operating in manufacturing, food, distribution and specialized services, according […]
The Pension Investment Association of Canada is recommending the development of a flexible framework to guide institutional investors’ sustainability reporting, while encouraging innovation and addressing greenwashing. In an open letter to the Competition Bureau, the PIAC said it would oppose any model that imposes disincentives on businesses disclosing strategy and process as it evolves. It argued that […]
The Investment Management Corp. of Ontario has increased its stake in climate solution investments to 11.5 per cent of its portfolio, equivalent to $2.1 billion, according to a new sustainability report by the investment organization. It noted the IMCO is aiming to hold $5 billion in transition assets by 2027 and to deploy 20 per cent […]
The 2024 Benefits Canada Healthcare Survey highlighted the perfect storm plan sponsors are facing: trying to strike the right balance between competitive benefits and plan sustainability. It’s something that resonates with the benefits leads of three major Canadian employers, who said during Benefits Canada’s report launch event that benefits utilization and meeting the needs of a […]