As the University Pension Plan increases its focus on climate change, its responsible investment policy considers environmental, social and governance factors as essential to sound long-term investing. “We’ve seen a lot of evidence from a variety of service providers from investment banks to investment managers that have demonstrated [the climate] is getting warmer […]
For some Canadians, the term pension may still conjure images of a secure stash of money guaranteed to ensure a comfortable lifestyle in retirement. I should know until joining Benefits Canada in 2020, I counted myself among this group. Defined benefit pension plans the epitome of the image described above still exist, but […]
A bill intended to provide defined benefit pension plan members with super-priority should be a major concern for Canadian DB plan sponsors, according to LifeWorks Inc.’s latest monthly pension indices report. “While the goal of [Bill C-228] is to protect the pensions of members and retirees in the event of a company’s insolvency, it could […]
Financial security for seniors has important implications from a social and public policy perspective and ACPM proposes a series of actions to help ensure.