News
Mark Machin becomes new chairman of FCLTGlobal
BY Staff | January 21, 2020
FCLTGlobal, a not-for-profit institute focused on developing research and tools to encourage long-term investing, is appointing Mark Machin, chief executive officer of the Canada Pension ...
Ontario raises threshold for pension plans requiring audited financial statements
BY Yaelle Gang | January 21, 2020
Pension plan sponsors in Ontario are celebrating a small win. The government is changing the rules so plans with less than $10 million in assets will ...
SEI names new director of investment strategy in Canada
BY Staff | January 20, 2020
SEI Investments Canada Co. is appointing Kendra Kaake as director of investment strategy for its institutional group in Canada. With more than 20 years of ...
IMF: Low rates and reduced trade tension to aid world growth
BY Paul Wiseman, the Associated Press | January 20, 2020
Low interest rates and reduced trade tensions will likely buoy the global economy over the next two years and help nurture steady if modest growth. That’s ...
OPTrust part of acquisition of Spanish solar plants
BY Benefits Canada Staff | January 20, 2020
The OPSEU Pension Trust, alongside Bruc Iberia Energy Investment Partners and Green Investment Group, are acquiring two solar photovoltaic power plants that are currently under construction in Spain ...
Iron Ore entering $560 million group annuity buy-in
BY Benefits Canada Staff | January 20, 2020
The Iron Ore Co. of Canada has purchased a $560 million group annuity buy-in that covers more than 3,700 defined benefit plan beneficiaries and current retirees. The transaction ...
Don’t be tempted by forecasts, says CBC pension plan CEO
BY Yaelle Gang | January 17, 2020
When pension plans have access to a lot of forecasting information, it’s easy to be tempted into straying from an initial plan. Yet sticking to strategy ...
What’s in store for alternative assets in 2020?
BY Benefits Canada Staff | January 17, 2020
The current market environment continues to push institutional investors into alternative assets, seeking both yield and diversification, but not all options are created equal. Hedge funds, according ...
North American envelope maker purchasing $46 million group annuity buy-in
BY Staff | January 15, 2020
North American envelope marker and marketer, Supremex Inc., is purchasing a $46 million group annuity buy-in with RBC Life Insurance Co. The deal covers 361 defined benefit plan ...
Were market reactions to U.S. tensions with Iran a flash in the pan?
BY Martha Porado | January 15, 2020
When news hit that the U.S. military had carried out an attack that killed Qasem Soleimani, the major general of Iran’s Islamic Revolutionary Guard Corps, ...
