Pension Investments

Legislation has been introduced in the American Congress that if passed will protect the pension income of working and retired Teamsters. The bill “aims to help more than 30,000 Michigan current and retired Teamsters union members avoid pension cuts related to the distressed Central State Pension Plan,” writes Melissa...

The pension promise made to thousands of Ohioans is in peril if the U.S. Congress “doesn’t act soon,” Senator Sherrod Brown (D-OH) writes for the Circleville Herald. “It’s bad enough that Wall Street squandered workers’ money – and it’s worse that the government that’s supposed to look out for these folks is...

Despite ongoing pessimism in some quarters over the stability of the Canada Pension Plan (CPP), it remains on solid footing for current and future retirees, writes Jonathan Chevreau for the Financial Post. A “whopping 64 per cent believe either that CPP will be out of money by the time they retire, or don’t know...

ARIA Pensions Blog, Email: sitemanager@ariapensions.ca, 12 Dunlop Street East, Barrie, Ontario, Canada, L4M 1A3

Financial literacy, or rather the lack thereof, has been identified as a significant obstacle in the path of adequate retirement income. With November being Canada’s Financial Literacy Month, Allstate Insurance Co. is providing staff with financial education sessions to bolster retirement-related knowledge, writes...

OMERS Private Equity, the pension fund’s investment arm, is acquiring a majority stake in metrology services company Trescal. It has “entered into an agreement with private equity company Ardian” for the transaction, reports Benefits Canada. The company “provides metrology services in 22 countries across North and South...

OPTrust has signalled its intent to divest itself from the tobacco industry. The pension fund has announced that as of the start of the new year it will “be divested from all equity and fixed income investments in public companies” that get most of their revenue from tobacco products. “At OPTrust, we prefer to use...