Pension Financial Results – News on Your Pension Sustainability

(May 20, 2015) The Healthcare of Ontario Pension Plan (HOOPP) was recognized with the Global Sustainability Award at the IP Real Estate Global Awards 2015 in Copenhagen. The plan was runner-up in this category for the previous two years. Also recognized was partner Crown Estate, which won the award with...

(May 19, 2015) The Canada Pension Plan Investment Board is reported to have signed an agreement to purchase a 46.1 per cent share of a German shopping centre operator. The board is reported to be buying the share from French real estate group Unibail-Rodamco, for mfi AG at a cost of $450 million, reports...

(May 19, 2015) Sponsors of DC-type plans are being cautioned that they have an ongoing fiduciary duty over employee retirement benefits, and that they could find themselves in legal hot water if their schemes fail to deliver sufficient retirement income. Now, the Supreme Court of the United States has said workers...

(May 15, 2015) The real estate arm of the Ontario Municipal Employees Retirement System (OMERS) is looking for some high-end retail properties in Paris in which to invest, reports Bloomberg News. Oxford Properties Group is in the market for such assets “as demand increases for brands such as Hermes and...

(May 15, 2015) Another report is linking the shift of DB to DC to a widening of the income gap, and reduced economic prospects. According to a report from the National Conference on Public Employee Retirement Systems (NCPERS), the shift to defined contribution is doing a lot more overall damage than just reducing...

(May 14, 2015) Despite improvement in retirement plan participation rates, employees are still missing out on retirement dollars by not maxing out their contributions, writes Jennifer Barrett for CNBC. According to a report report by Financial Engines, a financial advisory firm, one in four American employees are...

(May 14, 2015) British Columbia’s new Pension Benefits Act will allow the province’s Government and Service Employees’ Union to convert its defined contribution plan to a target benefit model, pooling investment and longevity risk, according to the union’s director. “We are happy to see this update to pension benefit...