Most Defined Benefit (DB) pension plans in Canada are subject to provincial or federal pension legislation. This results in the requirement to fund the pension plan on a solvency basis: assets and liabilities are valued …
November 13th, 2012
October 4th, 2012
Is There a Pension Crisis After All?
Last week, the Fraser Institute released and then withdrew a study, Canada’s $254 Billion Iceberg: Public-Sector Pension Liabilities, on Canadian public sector pension plans. From the news releases, one can piece together the argument: federal …
September 24th, 2012
Socially Responsible Consulting
Pension plans, benefit plans, foundations and endowments are well aware of Responsible Investing (RI). RI is an investment strategy that integrates environmental, social and governance (ESG) factors in addition to financial factors, and its acceptance …
August 13th, 2012
The End of Traditional DC Pension Plans? Part 2
In my last blog posting, dated June 29, 2012, I commented on the issues I had with the way Defined Contribution (DC) Pension Plans are currently managed in Canada. In this follow-up post, I speculate …
July 30th, 2012
See the Forest For the Trees.
Successful institutional investors think beyond asset class-specific decisions and think in terms of the overall portfolio. They see the forest for the trees. Institutional investors don’t invest in one silo or asset class. Instead, they …
June 29th, 2012
The End of Traditional DC Pension Plans? Part 1
First off I should thank Jeremy for his exaggerated praise in his last blog and maybe say something nice about him: he has a great family! As the spouse of a journalist, I must confess …