The median solvency ratio for Ontario defined benefit pension plans remained stable at 122 per cent in the fourth quarter of 2024, according to a new report by the Financial Services Regulatory Authority of Ontario. It noted throughout 2024, the median solvency funded status remained above 120 per cent, the highest percentage since the FSRA […]
The Colleges of Applied Arts and Technology pension plan is reporting a 15.2 per cent net return at the end of 2024. The investment organization’s total assets under management increased to $23.3 billion in 2024, compared to $20.1 billion in 2023. Read: CAAT returns 9.5% for 2023, led by global, emerging market equities In a […]
Almost half (46 per cent) of multinational companies say they’re prioritizing the use of employee-facing technology to support benefits management, including the use of artificial intelligence and other advanced technologies to improve benefits navigation and decision-making, according to a new survey by WTW. The survey, which polled more than 260 employers, found more than half […]
The average solvency ratio of Canadian pension plans declined three per cent as at March 31, 2025, according to a new report by Normandin Beaudry. At the end of the first quarter of 2025, the average solvency ratio reached 111 per cent. The decrease was attributed to a combination of increased liabilities and investment performance, […]
The Alberta Investment Management Corp. is preventing its staff from travelling to the U.S. for non-essential business trips, according to a report by Bloomberg. The report noted AIMCo employees can still travel to the U.S. for board and investor meetings but conferences or speaking events aren’t allowed anymore. When asked by Benefits Canada to confirm […]
The Canada Pension Plan Investment Board is selling a portfolio of 25 limited partnership fund interests in North American and European buyout funds for roughly C$1.2 billion. Ares Management Private Equity Secondaries funds and CVC Secondary Partners bought the assets in a transaction completed on March 31, 2025. In a press release, Dushy Sivanithy, managing […]
Vestcor Inc. achieved an overall investment portfolio return of 12.2 per cent as at Dec. 31, 2024, surpassing its benchmark by 0.1 per cent. In a report, the New Brunswick-based investment manager said its total assets grew by $2 billion to $23.1 billion in 2024. Read: Vestcor returns 7.5% for 2023, amid rising inflation, high […]
The majority (91 per cent) of Canadian employers are planning to benchmark their benefits plan against market practices to remain competitive, with half (49 per cent) prioritizing this for next year and 42 per cent for the next three years, according to a new survey by MercerMarsh Benefits. The survey, which polled nearly 350 employers […]
Two-fifths (40 per cent) of Canadian employees say they feel constantly stressed out, according to Telus Health’s latest mental-health index. The survey, which polled roughly 3,000 employees, found the average mental-health score was 63.2 in January, down slightly from December when it was 63.5. Anxiety (56.5) continued to be the lowest mental-health sub-score, followed by isolation […]
The Caisse de dépôt et placement du Québec is reporting nearly 80 per cent, or $330 billion, of its total portfolio is invested in assets with a low-carbon footprint. In its latest sustainable investing report, the Caisse said it holds $6.2 billion worth of transition assets looking to decarbonize their operations. The investment organization exceeded […]