Home Michael McKiernan

Matching employer contributions in capital accumulation plans are as close to free money as employees can legally get. “You’re not changing your risk — because the money goes to the same fund it would otherwise — and you’re getting two-times the return,” says Eric Monteiro, senior vice-president of group retirement services at Sun Life Financial […]

  • November 18, 2022 November 22, 2022
  • 08:55

As a fresh-faced elementary school student in 1977, Aaron Bennett wasn’t quite in the target demographic for the freshly launched Benefits Canada magazine. Still, Bennett — now the chief investment officer at Ontario’s University Pension Plan — has a pretty firm grasp on the concerns that would have occupied the minds of his predecessors as […]

  • October 14, 2022 October 13, 2022
  • 08:54

At the Alberta Investment Management Corp., diversity, equity and inclusion has catapulted up the priority list when it comes to investment strategy. While DEI has long played a role in the decisions of the AIMCo and other institutional investors, says Alison Schneider, the organization’s vice-president of responsible investing, she credits the coronavirus pandemic for catalyzing […]

  • June 24, 2022 June 23, 2022
  • 08:56

While politics plays a role in most investment decisions, it tends to arise on a fairly localized basis, says Michael Craig, head of the asset allocation and derivatives teams at TD Asset Management Inc. In addition, its prominence as a factor usually rises and falls on a cycle, slipping easily off investors’ radar in times […]

  • May 13, 2022 May 25, 2022
  • 08:53

Right from the very beginning, the coronavirus pandemic has taken Canadian real estate investors on a wild ride. After the freefalling panic of March 2020, the sector settled into a relatively comfortable rhythm and undulated through several waves of the virus, saving one of its steeper peaks and troughs for the tail end of 2021. […]

  • March 18, 2022 April 13, 2022
  • 08:54

Years before his late-career rebirth as nemesis to former U.S. President Donald Trump, Robert Muller coined a phrase that went down in history among cybersecurity experts. “I am convinced that there are only two types of companies: those that have been hacked and those that will be,” said the then Federal Bureau of Investigation director […]

  • December 17, 2021 December 16, 2021
  • 08:56

The selection of a target-date fund glide path is more crucial than ever as the migration from DB to DC pension plans continues. Since its formation in the mid-1990s as an optional alternative to the company’s longstanding defined benefit offerings, the DC plan has amassed more than $1.5 billion in total assets as members gradually […]

  • October 15, 2021 November 8, 2021
  • 08:55

Michel Charron has had a front-row seat for the revolution in the Canadian investment industry’s approach to environmental, social and governance issues. Following the foundation of the United Nation’s principles for responsible investment in 2008, his firm, PBI Actuarial Consultants Inc., immediately signed up. But the concept required explanation for some pension plan sponsors, he […]

  • August 13, 2021 August 12, 2021
  • 08:54

If there was a Hall of Fame for catastrophic years, 2020 would be a certainty for admission, with Canada among many nations around the globe struggling through a sickening cycle of coronavirus pandemic waves, interrupted only by economic and societal lockdowns. But take a look at the Colleges of Applied Arts and Technology pension plan’s […]

  • June 30, 2021 July 7, 2021
  • 08:57

The Public Service Pension Investment Board is teaming up with real estate investor Bridge Industrial to launch a joint venture targeting logistics properties in the U.K. The pair aim to build a portfolio worth £1 billion ($1.7 billion) by acquiring and developing assets inside high-barrier infill markets in the Greater London and Midlands regions. Read: Caisse […]

  • May 18, 2021 May 18, 2021
  • 09:00