Pension Investments

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...

The CPP Fund wrapped up its second quarter of fiscal 2018 at the end of September, reporting net assets of $328.2 billion, a net increase of $1.7 billion from the end of the previous quarter. The increase recorded at the end of the quarter on Sept. 30 “consisted of $2.3 billion in net income after all CPPIB costs, less...

A bill to change Canada’s bankruptcy laws to give retirees more protection was tabled this week by New Democrat MP Scott Duvall, writes David Paddon for the Canadian Press. The bill, if adopted, would enhance protections for pension benefits, post-retirement benefits and severance pay when a company declares...