The University Pension Plan is appointing Kathy Johnson as chief engagement and strategy officer and Andrew Naples as senior director of engagement. Johnson will lead the teams responsible for the UPP’s strategic planning, outreach and relationship-building programs with the university sector. She previously served as executive director of the University of Toronto’s faculty association and […]
An announcement regarding long-awaited amendments to the Patented Medicines Review Board regulations was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. PMPRB drug pricing regulations officially coming into effect this July 2. Key stakeholders highlighting value of private payer health care amid plans for […]
The University Pension Plan is appointing Christophe L’Ahelec as head of public markets. L’Ahelec, who advised the UPP on the implementation of its investment activities in the months leading up to the plan’s launch in July, joined the organization as director of its external manager program. Previously, he was a senior principal at the Ontario Teachers’ Pension […]
The University Pension Plan is integrating diversity, equity and inclusion measures into its investment strategy. The pension plan sponsor’s responsible investing policy considers environmental, social and governance factors — including DEI — as essential to sound long-term investing, said Aaron Bennett, chief investment officer at the UPP, in an emailed statement to Benefits Canada. The approach […]
Trent University is joining the University Pension Plan. The university, based in Peterborough, Ont., is the UPP’s fourth member institution. It follows Queen’s University, which joined in July 2021, and the University of Guelph and the University of Toronto, which both joined at the beginning of 2022. Read: University Pension Plan names Barbara Zvan inaugural president, […]
The Ontario Municipal Employees Retirement System is the latest pension plan to commit to net-zero greenhouse gas emissions across its total portfolio by 2050. In a press release, the OMERS said its path to net zero will be informed by the annual calculation and public disclosure of its total portfolio carbon footprint. The release also […]
Canadian pension funds are among the institutional investors participating in Climate Engagement Canada, a new initiative to promote a net-zero economy. The initiative, which is coordinated by several investor networks, is launching with 27 institutional investors that collectively manage more than $3 trillion in assets, according to a press release. The participating pension funds include […]
When the University Pension Plan officially launched in July 2021, it did so with Barbara Zvan as its inaugural president and chief executive officer. Fresh from a 25-year career with the Ontario Teachers’ Pension Plan, she was appointed by the UPP’s board of trustees in July 2020. While most of the foundational work had been […]
The University Pension Plan is appointing Aaron Bennett (pictured left) as its first chief investment officer. In his new role, Bennett will be responsible for establishing an innovative, risk-optimized investment strategy designed to offer retirement security to plan members and promote responsible investing, according to a press release. Read: UPP naming Christophe L’Ahelec director of external manager program […]
The University Pension Plan has selected CIBC Mellon to provide asset servicing, investment operations and plan member services, including custody, institutional accounting, performance and analytics, risk, compliance and pension benefit payment services. The jointly sponsored pension plan, which was launched on July 1, currently covers employees at Queen’s University, the University of Guelph and the University of Toronto, with […]