The platform allows DB pension plan sponsors in Canada to monitor annuities pricing and financial metrics for their pension plans
The transaction will deepen the relationship between the two organizations
Pension fund to take 47.5% stake in University House Communities Group
The crowding-out of private saving by pensions is much smaller for workers with weaker histories of saving in retirement accounts
Canadian pension wealth rose to $3.3 trillion at the end of 2014
The 10 largest pension funds have invested approximately $600 billion across various asset classes, with a significant portion invested in alternative asset classes
The drop marks the first decline in assets since Q2 2013
The contraction is the first back-to-back quarterly loss since the economy was mired in the global financial crisis
A new amendment that requires pension plans to state whether ESG factors are incorporated in their statement of principles did not attract much debate
Although Canada’s retirement pension income system ranked seventh in the world yet again, a large percentage of Canadian private-sector workers lack a pension plan