About pensions

The chance to sign onto a pension plan is a major factor in prospective employees deciding to take a job or not. New data shows that fully 78 per cent of North American “employees and retirees with pension plans said the availability of those benefits was a major factor in deciding whether to accept a job,”...

OPTrust is launching a new pension model aimed at modest income earners. Called OPTrust Select, it’s designed to offer a secure retirement solution at a moderate cost for both employers and employees. The launch marks the first new jointly sponsored, defined benefit (DB) product offering for modest income earners in a...

The Canada Pension Plan Investment Board (CPPIB) has responded to issues raised by Wind Concerns Ontario (WCO), promising to be responsible stewards of wind power and solar projects in Ontario. In a letter recently addressed to the board, WCO raised concerns over the planned investment in NextEra, a U.S.-based power...

The Royal Bank of Scotland is opening the vault to contribute $5 billion to its pension fund over the next years, in an attempt to address “historical funding weakness,” writes Chris Butera for Chief Investment Officer. The bank, which turned a profit for the first time int 10 years, will begin to contribute £2...

A drive to relaunch an auto-enrol program to boost private pension savings is being discussed by ministers in the German federal state of Hesse, writes Susanna Rust for IPE. “A resolution to support their idea was brought to the upper chamber of parliament, the Bundesrat, at the end of March. It was promptly assigned...

The Canada Pension Plan Investment Board (CPPIB) is looking to create a “pipeline of long-term, scalable projects” in Latin America, delegates at a recent World Economic Forum heard. During a March 15 forum session, Boosting Latin American Infrastructure, Rodolfo Spielmann, the board’s Managing Director and Latin America...

When it comes to the list of benefits an employer can offer a prospective employee, it’s important to consider how specific benefits may be of interest to individual employees. “A list of benefits is just that – a list. They make no sense jumbled up without explanation. Employee benefits are expensive and, if not...