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PIAC providing feedback on ISSB's sustainability, climate change exposure drafts

The Pension Investment Association of Canada is providing feedback on the International Sustainability Standard Board’s exposure drafts on disclosure of financial information pertaining to sustainability and climate change. In an open letter responding to a consultation by the ISSB, the PIAC said while it supports the ISSB’s decision to build upon existing reporting frameworks […] ....

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Bruce Power using asset-liability studies, rebalancing to protect pension fund

As a nuclear power provider, Bruce Power’s culture emphasizes the importance of risk-averseness. This is reflected in the company’s efforts to secure the indexed benefits offered to its 6,500 defined benefit pension plan members. “We have many, many checks and balances in place not just on the operational side, but also when it comes […] ....

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NL Supreme Court rules for pension member super-priority for normal costs in bankruptcies

NL Supreme Court rules for pension member super-priority for normal costs in bankruptcies
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CAPSA developing multi-jurisdictional VPLA framework for DC pension plans

CAPSA developing multi-jurisdictional VPLA framework for DC pension plans
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Pension solvency measures helping plan sponsors through pandemic and beyond

While solvency funding relief helped Canada’s pension funds withstand the turbulence of 2020, a long-term vision with an eye to a more robust funding framework would offer better support, according to pensions experts. Responding to the crisis, the federal government launched a consultation last fall on measures to alleviate pension solvency funding requirements for defined […] ....

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