Pension Investments

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...

Young workers just starting out with their careers should remember that decisions made now compound over time, including the accumulation of debt and retirement savings, writes Mary Beth Franklin for Investment News. “If you’re in your twenties or thirties, every financial action you take — from racking up debt to...

Being able to see the road ahead makes travelling the distance a lot easier, and that goes for retirement planning as well. Having a map for where the road to financial security leads helps to facilitate better outcomes, Peter Diekmeyer writes for Benefits Canada, reporting on what investment professional Neil Walton...